Home
Contents
Explore
Search

Ouachita Valley Credit Union

Overview
Back to Top

Ouachita Valley Credit Union is a federal credit union based in West Monroe, Louisiana. It has been opened since 1955, for 65 years.

With around $228,520,000 in assets, Ouachita Valley Credit Union is considered to be a very large credit union. It has 6 branches and 5 ATM locations.

About
Address P.O. Box 1477
West Monroe, Louisiana 71294
Website http://ouachitavalleyfcu.org
Phone (318) 387-4592
Fax (318) 387-6263
CEO Kathren(Katie) H. Pilcher
President of the Board Stanley(Dale) Liner
Services Offered
Map
Back to Top
Score Card
Back to Top
65 years
Years in business
Opened in 1955
Well Capitalized
Net worth classification
Source: NCUA
30,508 members
Membership type: Multiple common bond – primary educational
Above average number of members
302:1
Credit union member to staff ratio
302 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$228,521,985
Total assets
Above average
6 branches
Compared with an average of 4 nationally and 2 in Louisiana
Above average number of branches
0.30%
Savings interest rate
Compared to 0.3% nationally
7.99%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
Back to Top
6 branches
Compared with an average of 4 nationally and 2 in Louisiana
Above average number of branches
Ouachita Valley Credit Union Branch Locations

Ouachita Valley Federal Credit Union
3170 Sterlington Road
Monroe, Louisiana 71203
ATM Available
Ouachita Valley Federal Credit Union
2831 Louisville Avenue
Monroe, Louisiana 71201
ATM Available
Ouachita Valley Federal Credit Union
135 Well Road
West Monroe, Louisiana 71291
ATM Available
Ouachita Valley Federal Credit Union
1705 Martin Luther King Jr Drive
Monroe, Louisiana 71202
ATM Available
Ouachita Valley Federal Credit Union
1420 Natchitoches Street
West Monroe, Louisiana 71292
ATM Available
Members
Back to Top
30,508 members
Membership type: Multiple common bond – primary educational
Above average number of members

With 30,508 members, the Ouachita Valley Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 87% of credit unions.

Fees
Back to Top
$161
Average fee per member
The average fee per member at the Ouachita Valley Credit Union is $161, which is very high compared to most credit unions. This rate is higher than 97% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Ouachita Valley Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
Back to Top
302:1
Credit union member to staff ratio
302 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
101 staff members
FTE (full-time equivalent)
4% of employees are part-time
99 full-time, 4 part-time

Ouachita Valley Credit Union has 99 full-time staff members and 4 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 96% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Ouachita Valley Credit Union has around 302 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets
Back to Top
$228,521,985
Total assets
Above average
Net worth
Back to Top
Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
12.9%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases
Back to Top
$10,649
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 55% of credit unions.

Ouachita Valley Credit Union holds a total of $173,820,000 in loans and leases, which is about $10,649 per member on average.

Savings interest rate
Back to Top
0.30%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Ouachita Valley Credit Union pays 0.30%.

Loan rates
Back to Top
7.99%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
12.75%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
7.59%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
Back to Top
8.34%
New car loan rate
Compared to 4.0% nationally
7.34%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
Back to Top
5.99%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.99%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
6.75%
Other real estate loan rates
Compared to 0.9% nationally
3rd District Highway Credit Union
Location
Lafayette, Louisiana
Members
1267
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Rapides General Hospital Employee Credit Union
Location
Alexandria, Louisiana
Members
1323
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Heart of Louisiana Credit Union
Location
Pineville, Louisiana
Members
16,901
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
8.70%
Read More
G G W Credit Union
Location
New Orleans, Louisiana
Members
197
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Jefferson Financial Credit Union
Location
Metairie, Louisiana
Members
55,419
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
7.90%
Read More
Total Choice Credit Union
Location
Hahnville, Louisiana
Members
7,111
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
7.90%
Read More