Credit union
Carter Credit Union
Springhill, Louisiana, Webster Parish, LA
$763M in total assets and 31,384 members, the 588th largest of 4,298 US credit unions and 8th of 136 headquartered in Louisiana.
- NCUA charter
- 9164
- Charter
- Federal
- Chartered
- 1954
- NCUA insured since
- 1971
- Field of membership
- Multiple common bond - primarily transportation
- Low-income designation
- Yes
- Website
- http://www.cartercu.org
At a glance
Compared with 24 federally insured credit unions in Louisiana with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $763M | 88% | $246M | |
| Loans | $592M | 92% | $158M | |
| Deposits (shares) | $588M | 88% | $200M | |
| Members | 31,384 | 67% | 17,968 | |
| Return on assets | 0.66% | 62% | 0.60% | |
| Net interest income to assets | 2.85% | 4% | 3.85% | |
| Efficiency ratio | 72.5% | 25% | 80.5% | |
| Net worth ratio | 8.60% | 4% | 12.78% | |
| Loans to shares | 101% | 92% | 86% | |
| Cost of deposits | 2.68% | 96% | 1.45% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets grew 11.4% a year over 10 years and 6.8% a year over the last 5, including 4 mergers in the last 10 years. Membership fell 4.6% a year over 5 years, to 31,384.
Dashed lines mark larger mergers, listed below.
Mergers and acquisitions
| Closed | Absorbed | Assets at last filing |
|---|---|---|
| May 2024 | Piney Hills Federal Federal Credit Union Credit union, Simsboro, LA | $3M |
| Aug 2023 | IBEW 116 Federal Credit Union Credit union, Fort Worth, TX | $3M |
| May 2020 | Webster United Federal Credit Union Credit union, Minden, LA | $3M |
| Dec 2019 | C D S C Louisiana Federal Credit Union Credit union, Coushatta, LA | $19M |
Where they operate
13 branches in 8 counties.
1 of 13 branch locations are approximate (ZIP code centers).
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| Caddo Parish, LA | 4 | 3.7% | 7 of 39 |
| Webster Parish, LA | 3 | 16.7% | 1 of 9 |
| Columbia County, AR | 1 | 6.2% | 3 of 5 |
| Bossier Parish, LA | 1 | 1.9% | 14 of 28 |
| De Soto Parish, LA | 1 | 7.1% | 4 of 7 |
| Lincoln Parish, LA | 1 | 3.8% | 5 of 14 |
| Red River Parish, LA | 1 | 25.0% | 1 of 4 |
| Tarrant County, TX | 1 | 0.2% | 59 of 116 |
Credit unions do not report deposits by branch, so these are branch counts: this credit union's branches against every bank and credit union branch in the county. Rank is among all banks and credit unions with a branch there.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2016 | 8 | |
| 2017 | 8 | 0 |
| 2018 | 8 | 0 |
| 2019 | 9 | +1 |
| 2020 | 9 | 0 |
| 2021 | 10 | +1 |
| 2022 | 10 | 0 |
| 2023 | 11 | +1 |
| 2024 | 13 | +2 |
| 2025 | 13 | 0 |
| Jun 2026 | 13 | 0 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 3.66% | 0.88% |
| Net worth ratio | 8.60% | 12.78% |
| Loans to shares | 101% | 86% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in Louisiana
Most branches in Caddo Parish, LA
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.