Louisiana Federal Credit Union lists their history as follows: “ Way back in 1935, this country was going through a pretty tough depression, and the employees of the Norco Shell Oil Refinery were looking for a better way to make deposits and apply for loans. The result was a member-run credit union. Nearly 80 years later, Louisiana Federal Credit Union still upholds a central mission: to provide affordable financial solutions to hard-working people like you. Whether you’re trying to purchase a home of your own or simply looking for the most profitable way to manage your accounts, we offer time-tested advice and workable solutions to help you get there. We started with the vision of a handful of dedicated people—now we’ve grown into a thriving, competitive financial institution serving more than 23,000 members in the River Parish area. We might look like a bank and smell like a bank, but at the heart of our credit union, there’s a big difference: as a member you’re actually an owner, rather than a customer. Instead of paying stockholders, we empower a member-elected Board of Directors to represent the voice of our members. Every red cent of profit we make, we put back into the credit union.We invest our earnings in the most profitable way possible—in you, our family of members. This means lower fees for your accounts and better rates on loans. Even better, as a member, you have a say in how your credit union is run. Best of all, you join a supportive financial family with a long history of finding solutions for people just like you”.
Louisiana Federal Credit Union is a major lender in the State. From their beginnings they have provided trusted lending services for members who are financing cars, trucks, RV’s, motorcycles, boats, and real estate.
During the recent economic crisis, Louisiana Federal CU has seen a surge of repossessions. They have developed a great method to remarket their repo cars, boats, motorcycles and other vehicles back to the public. LFCU has a place on their website that features these Louisiana credit union repo’s for sale to potential buyers. Buyers are able to buy a vehicle from a trusted source at discounted pricing, and even get inhouse financing approval too.
For Louisiana car and homes buyers interested in low priced credit union repo’s they are listed for sale on the-Louisiana Federal Credit Union repo list.
Many are surprised to discover how easy it is to buy a vehicle from their credit union. Interested buyers throughout Louisiana counties can find repo vehicles including, boats, cars, RV’s, motorcycles, and occasionally real estate at LFCU.
If you get serious about buying a foreclosed home or repo vehicle from the credit union, you’ll want to contact a the credit union very soon. They have a lot of resources for you including referrals for auto insurance. Credit union repo’s are sold “as-is”. Always make sure you properly inspect anything you plan on buying.