MORGAN CITY Credit Union Profile

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MORGAN CITY

Charter #15009 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (985) 380-4722

Fax: (985) 385-9968

Founding Date: N/A

Personnel & Operations

President: CANTY, CLAYTON

Manager: FRYER, COREY

FT Employees: 2

PT Employees: 2

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 36

Branches: 1

Hours: M-F 9:00AM-5:00PM

Credit Union Profile Summary

MORGAN CITY is a FCU Credit Union. With a total of 881 members [1], this institution manages approximately $5,113,850 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 15.49% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 4.83% [1].

Financial Snapshot

Total Assets [1]
$5,113,850

Total economic resources.

Total Loans [1]
$3,298,043

Total value of outstanding loans.

Total Deposits [1]
$4,307,881

Total funds deposited by members.

Members [1]
881

Number of active members.

Performance Ratios

Net Worth Ratio [1]
15.49%

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]
0.52%

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

Loan-to-Share Ratio [1]
76.56%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
-1.59%

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

Loan Growth (4Q) [1]
4.83%

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

Member Growth (4Q) [1]
-3.08%

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

Headquarters Location & Map

Headquarters Address

1205 VICTOR II BLVD

MORGAN CITY, LA, 70380

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 MORGAN CITY (Charter #15009).

Main Office

MAIN Main Office

Type: Corporate Office

1205 VICTOR II BLVD

Morgan City, LA 70380

Phone: (985) 380-4722

Services: Member Services

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