Washington Educational Assoc
Washington Educational Assoc is a credit union based in Franklinton, Louisiana, established in 1964, with $988 thousand in total assets serving 360 members. By Trust Grade it ranks 110th of 136 credit unions we track in Louisiana. Its net worth ratio of 9.9% trails most similarly sized credit unions (16th percentile), versus a Louisiana median of 14.5%. It posted a loss over the most recent period (-0.04% return on assets), a point to watch. No consumer complaints against Washington Educational Assoc appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Washington Educational Assoc compares to Louisiana peers
How we graded Washington Educational Assoc
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (9.9% capital ratio)
- Unprofitable over the period (ROA -0.04%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Washington Educational Assoc over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Washington Educational Assoc insured?
Yes. Washington Educational Assoc is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Washington Educational Assoc: frequently asked questions
Is Washington Educational Assoc a good credit union?
Washington Educational Assoc earns a Bankzia Trust Grade of B (82/100, "Strong"), based on a financial-strength score of 82/100 (it has no CFPB complaints on record). Well-capitalized (9.9% capital ratio); Unprofitable over the period (ROA -0.04%).
Is Washington Educational Assoc NCUA-insured?
Yes. Washington Educational Assoc is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Washington Educational Assoc?
Washington Educational Assoc holds $1 million in total assets, ranking 110th of 136 credit unions we track in Louisiana. It serves 360 members.
Does Washington Educational Assoc have CFPB complaints?
No CFPB complaints against Washington Educational Assoc appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
