Louisiana Machinery Employees
Louisiana Machinery Employees is a credit union based in Monroe, Louisiana, established in 1961, with $4 million in total assets serving 698 members. By Trust Grade it ranks 100th of 136 credit unions we track in Louisiana. Its net worth ratio of 22.5% is stronger than 84% of similarly sized credit unions, versus a Louisiana median of 14.5%. It posted a loss over the most recent period (-0.32% return on assets), a point to watch. No consumer complaints against Louisiana Machinery Employees appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Louisiana Machinery Employees compares to Louisiana peers
How we graded Louisiana Machinery Employees
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (22.5% capital ratio)
- Unprofitable over the period (ROA -0.32%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Louisiana Machinery Employees over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Louisiana Machinery Employees insured?
Yes. Louisiana Machinery Employees 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.
Louisiana Machinery Employees: frequently asked questions
Is Louisiana Machinery Employees a good credit union?
Louisiana Machinery Employees earns a Bankzia Trust Grade of B (87/100, "Strong"), based on a financial-strength score of 87/100 (it has no CFPB complaints on record). Strongly capitalized (22.5% capital ratio); Unprofitable over the period (ROA -0.32%).
Is Louisiana Machinery Employees NCUA-insured?
Yes. Louisiana Machinery Employees 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 Louisiana Machinery Employees?
Louisiana Machinery Employees holds $4 million in total assets, ranking 100th of 136 credit unions we track in Louisiana. It serves 698 members.
Does Louisiana Machinery Employees have CFPB complaints?
No CFPB complaints against Louisiana Machinery Employees 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.
