705 Credit Union Profile

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705

Charter #18749 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (337) 232-8450

Fax: (337) 232-2786

Founding Date: N/A

Website: http://www.705fcu.com

Personnel & Operations

President: Girouard, Ronald

Manager: Theriot, Cassie

FT Employees: 15

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 36

Branches: 1

Hours: Monday thru Thursday 8:30-5 Fridays 8-5

Credit Union Profile Summary

705 is a FCU Credit Union. With a total of 3,709 members [1], this institution manages approximately $46,601,026 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 7.27% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -0.55% [1].

Financial Snapshot

Total Assets [1]
$46,601,026

Total economic resources.

Total Loans [1]
$32,514,399

Total value of outstanding loans.

Total Deposits [1]
$42,400,091

Total funds deposited by members.

Members [1]
3,709

Number of active members.

Performance Ratios

Net Worth Ratio [1]
7.27%

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]
-0.49%

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

Loan-to-Share Ratio [1]
76.68%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
2.18%

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

Loan Growth (4Q) [1]
-0.55%

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

Member Growth (4Q) [1]
0.82%

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

Headquarters Location & Map

Headquarters Address

1455 W Willow St

Lafayette, LA, 70506-1026

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 705 (Charter #18749).

Main Office

705 FCU Main Office

Type: Corporate Office

1455 W Willow St

Lafayette, LA 70506-1026

Phone: (337) 232-8450

Services: Member Services, ATM, Drive-Thru

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