Department Of Corrections Credit Union

Headquarters

P O Box 4789
Baton Rouge, LA 70821
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.35% 5.50% →
1-Year CD 0.75% 4.65% →
2-Year CD 0.80% 4.25% →
5-Year CD 1.00% 4.05% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

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 $113.5 millions in assets.

NCUA Insured Yes / State-Chartered
Charter Number # # 62808
Date Established 1957
Assets $113.50 million
Loans $70.43 million
Deposits $87.87 million
Capital $24.87 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 - December 21, 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 MoreShow Less

Loan Rates - December 21, 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
District Lending
NMLS ID: 1835285
6.494% 6.375% 0.75 $4,000 $1,997 Learn More
Mutual of Omaha Mortgage, Inc.
NMLS ID: 1025894
6.863% 6.750% 1.00 $3,705 $2,076 Learn More
Advantage Lending
NMLS ID: 2592312
License#: RM.805266.000
6.879% 6.750% 1.00 $4,432 $2,076 Learn More
PenFed Credit Union
NMLS ID: 401822
7.034% 6.875% 1.00 $5,195 $2,103 Learn More

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
Intro APR
7.240 %
After Intro: 7.240 %
$0 Learn More
More Info
Rate
Rate
See Table
Intro APR
7.900 %
After Intro: 7.900 %
$25,000 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.


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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
1.60% 5.83

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 June 30, 2024, Department Of Corrections had $354,108 in non-current loans and $54,458 in owned assets. To cover these potential losses it had $24,872,756 in net worth and $675,000 in loans loss reserves. That gives it a Texas Ratio of 1.60%.

Net Worth
Department Of Corrections U.S. Average
21.91% 13.93%

Department Of Corrections FCU has a net worth of 21.91% versus the BestCashCow average of 13.93. 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

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