DISTRICT 62 HIGHWAY Credit Union Profile

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DISTRICT 62 HIGHWAY

Charter #14375 | NCUA Region 2 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (985) 375-0146

Fax: (985) 375-0239

Founding Date: N/A

Personnel & Operations

President: HOYT, KAREN

Manager: Perrin, Veronica

FT Employees: 2

PT Employees: 2

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 06

Branches: 1

Hours: MONDAY THRU THURSDAY 8AM-1PM FRIDAY 8AM-12P

Credit Union Profile Summary

DISTRICT 62 HIGHWAY is a FCU Credit Union. With a total of 790 members [1], this institution manages approximately $6,467,297 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 15.39% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 0.89% [1].

Financial Snapshot

Total Assets [1]
$6,467,297

Total economic resources.

Total Loans [1]
$3,525,382

Total value of outstanding loans.

Total Deposits [1]
$5,468,442

Total funds deposited by members.

Members [1]
790

Number of active members.

Performance Ratios

Net Worth Ratio [1]
15.39%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.36%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
64.47%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
3.05%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
0.89%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
0.38%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

685 N MORRISON BLVD

HAMMOND, LA, 70401-2309

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 1 branches reported by DISTRICT 62 HIGHWAY (Charter #14375).

Main Office

CORPORATE Main Office

Type: Corporate Office

685 N MORRISON BLVD

Hammond, LA 70401-2309

Phone: (985) 375-0146

Services: Member Services

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