Department Of Corrections Credit Union
Headquarters
P O Box 4789
Baton Rouge, LA 70821
See all branch locations →
2024 Overview
General Credit Union Information
Department Of Corrections is an NCUA insured institution located in Baton Rouge, LA. It was founded in 1957 and has approximately $109.12 millions in assets.
| NCUA Insured | Yes / State-Chartered |
| Charter Number # | # 62808 |
| Date Established | 1957 |
| Assets | $109.12 million |
| Loans | $71.87 million |
| Deposits | $84.97 million |
| Capital | $23.50 million |
Field of Membership Restrictions
Department of Corrections Credit Union of Louisiana is open to the current and retired employees of the Department of Corrections, the Office of Juvenile Justice, Allen Correctional Center, Winn Correctional Center, LaSalle Corrections, Louisiana Workforce, LLC. or the Rapids Parish Sheriffs Office. Membership eligibility also extends to include the family members of current credit union members.
Deposit Rates - April 19, 2024
Your Current Location: Ohio, OH 43085
| Savings and Money Market Rates (Share Account Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| Savings
|
0.35% | $2,500 | $4,999 |
Learn More
|
| CD Rates (Share Certificate Rates) | APY | MIN | MAX | |
|---|---|---|---|---|
| 6 Mo CD
|
0.65% | $10,000 | $14,999 |
Learn More
|
| 6 Mo CD
|
0.65% | $100,000 | $199,999 |
Learn More
|
| 12 Mo CD
|
0.75% | $10,000 | $14,999 |
Learn More
|
| 12 Mo CD
|
0.75% | $100,000 | $199,999 |
Learn More
|
| 24 Mo CD
|
0.80% | $10,000 | $14,999 |
Learn More
|
| 24 Mo CD
|
0.80% | $100,000 | $199,999 |
Learn More
|
| 36 Mo CD
|
0.85% | $10,000 | $14,999 |
Learn More
|
| 36 Mo CD
|
0.85% | $100,000 | $199,999 |
Learn More
|
| 48 Mo CD
|
0.90% | $10,000 | $14,999 |
Learn More
|
| 48 Mo CD
|
0.90% | $100,000 | $199,999 |
Learn More
|
| 60 Mo CD
|
1.00% | $10,000 | $14,999 |
Learn More
|
| 60 Mo CD
|
1.00% | $100,000 | $199,999 |
Learn More
|
| Int Checking Rates | APY | MIN | MAX | |
|---|---|---|---|---|
| Int Ckg
|
0.20% | $2,500 | $3,499 | Learn More |
Loan Rates - April 19, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for Department Of Corrections
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: 3030 |
7.350% | 7.250% | 1.00 | $3,200 | $2,183 | Learn More |
NMLS ID: Not a Lender |
Learn More | |||||
NMLS ID: 1907 |
Learn More | |||||
NMLS ID: 491986 |
Learn More |
Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
7.490 %
|
$0 |
Learn More
More Info |
Note to Department Of Corrections
To upload and update your bank's rates please register.
It is free to register and add rates.
Branches
Below are Department Of Corrections branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Columbus,Ohio
Climate Policy and Initiatives
DEPARTMENT OF CORRECTIONS is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.
Add Your Review
or use your BestCashCow account
or
Financial Details
Department Of Corrections Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Department Of Corrections. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
Texas Ratio
| Department Of Corrections | U.S. Average |
|---|---|
| 2.23% | 6.97 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of December 31, 2023, Department Of Corrections had $506,760 in non-current loans and $31,822 in owned assets. To cover these potential losses it had $23,497,336 in net worth and $675,000 in loans loss reserves. That gives it a Texas Ratio of 2.23%.
Net Worth
| Department Of Corrections | U.S. Average |
|---|---|
| 21.53% | 13.62% |
Department Of Corrections FCU has a net worth of 21.53% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Customer Reviews for Department Of Corrections
There are currently no comments for DEPARTMENT OF CORRECTIONS. Be the first to share your experience. Please provide comments that will help others.
Add Your Review
or use your BestCashCow account