There’s Nothing Like A Credit Union!
When compared to a bank it’s like comparing
There is a big difference. Here is just a sample.
| Feature | Credit Unions | Banks and S & L’s |
| Philosophy | Not for profit, not for charity, but for service. Earnings returned as better rates, fewer & lower fees, and improved services. | Strictly Business orientated. Banks generate profit for shareholders. |
| Control/Mgmnt | Member elected, unpaid volunteers. | Shareholder-elected, paid directors. |
| Loans | Loan rates are generally lower than banks. CU’s help members repair their credit. | Loan rates are usually higher than credit unions. |
| Fees | Fees are usually lower than banks. | Fees account for nearly 44% of bank’s profits. |
| Safety | Deposits insured by the NCUA to at least $250,000. | Deposits insured by a Government agency up to $250,000. |
Descriptions are generalizations. Services, individual credit unions, banks, and
savings & loans offers will vary.
Symbol of Quality and Service
“Where people are worth more than money!”
CONTACT US
Phone: (504) 733-0789
Fax: (504) 733-0767
Louisiana Central Credit Union
824 Elmwood Park Boulevard
Suite 100
Harahan, LA 70123
Email: helpdesk@louisianacentral.org
Branch Hours (Central Time)
Mon – Fri: 9 a.m. – 4:30 p.m.
Important Links
It’s Me 24/7 Online Banking
Surcharge-Free ATM Locator
Loan Application
CU Service Centers
Insurance Products
