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Employees of Ethyl Corporation established the Ethyl Corporation Credit Union in the late 1930’s. Membership was extended to other employee groups in 1981, and by 1996 more than 350 Select Employee Groups (SEGs) joined. The credit union changed its name to Louisiana USA Federal Credit Union to reflect this newly found diversity.

After 80 years Louisiana USA is financially sound, well capitalized, and truly committed to providing a full range of financial products and services.

Member deposits are insured by the National Credit Union Share Insurance Fund up to $250,000. Accounts can be structured to allow an aggregate of $1,250,000 in deposits to be insured per member.

A member-elected Board of Directors serves voluntarily in two-year terms. With a board-appointed Supervisory Committee, they provide oversight to management and staff. They meet monthly to review a wide range of financial transactions and results, as well as, annually to strategically plan future programs, financial budgets, and proposed capital expenditures.

As a non-profit corporation that is well-capitalized, Louisiana USA strives to absorb product and service costs for its members and give the most competitive rates for both loans and deposits.

Louisiana USA is family-focused on helping fellow family members; this is why it was established in 1939 and why it remains intact for its members today.

A place for people, not profits.

The Start of Something Great

The first credit union was established in New Hampshire.


The Federal Credit Union Act

Federal Credit Union Act was enacted, authorizing states to charter Federal Credit Unions

Ethyl Corporation

Employees of Ethyl Corporation established the Ethyl Corporation Credit Union.

Credit Union Regulation

NCUA was created, an agency strictly in charge of regulating credit unions. The credit union’s version of the FDIC was also created called the NCUSIF.

Spreading Success

Credit Union assets tripled across the country.

Opening the Door

Credit Unions were authorized to open their charters to gain new groups.

Becoming Louisiana USA

Changed our name to Louisiana USA.  Membership was extended to other employee groups.  By the mid-1990s, we had more than 350 employer groups join Louisiana USA.

New Leadership

James Foy appointed President/CEO, credit union was $25 million in assets.

Sharing is Caring

Became a Co-Op Shared Branching outlet.

Helping to Get You Home

Created our Mortgage Center, offering full service mortgage solutions.

Two became one

Acquired Capital City Press FCU.

Growing Together

Louisiana USA is $80 million in assets.

A New Leader

James “Beaver” Foy retired as our CEO and president after 28 years. Adam Foy assumed the role after his departure.

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Insured by NCUSIF

Our branch is insured by The National Credit Union Share Insurance Fund (NCUSIF), which provides deposit insurance to protect the accounts of our members.



Family Eligibility

The family of Louisiana USA members are also eligible to join the credit union and benefit from our products and services. Refer those you love to the baking institution you know will take care of them.



Additional Services

Night Deposit Box
ART (Audio Response Teller)
Account Alerts
Drive-Thru Window
Visa Gift Cards
Notary Services
Safe Deposit Boxes



Financial Counseling & Continued Education

Our expert staff is always available to assist members with any financial issues or concerns, From designing budgets to improving credit scores, we're here to help!



Shared Branch Access

Through Shared Branching, a co-op service provided to our members, you can access branches and ATMs across the United States and beyond! Download the app to your phone or visit our Service Center & ATM locator page to find your nearest location.



Online Services

Monthly Statements
Apply for loans & mortgages
Bill Pay
Direct Deposit
Transfer Money
Mobile Banking