Charter 68736 · Baton Rouge, LA
Essential Credit Union
Essential Credit Union is a state-chartered credit union in Baton Rouge, Louisiana, with $434 million in assets and 31,430 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 9.06%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $434 million
- +8.3% in a year
- Members
- 31,430
- -14.6% in a year
- Net worth ratio
- 9.06%
- Peer median 11.65%
- Loans 60+ days late
- 1.45%
- Peer median 0.70%
- Loans outstanding
- $349 million
- +10.3% in a year
- Shares and deposits
- $362 million
- +1.0% in a year
- Branches
- 7
- 92 employees
- Opened
- 1972
- Louisiana charter
How Essential Credit Union compares
NCUA groups credit unions by size; Essential Credit Union is in the group with $100 million to $500 million (1,061 credit unions). Its net worth ratio of 9.06% is lower than that group's median of 11.65%, and its share of loans 60 or more days past due, 1.45%, is higher than the group median of 0.70%. Loans grew 10.3% over the year to Q2 2026, against a group median of 2.9% growth.
By assets it ranks 13 of 136 credit unions headquartered in Louisiana. See all Louisiana credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $434 million | 31,430 | $349 million | 9.06% | 1.45% |
| Q1 2026 | $430 million | 31,118 | $344 million | 9.04% | 1.12% |
| Q4 2025 | $419 million | 30,534 | $333 million | 9.15% | 1.68% |
| Q3 2025 | $414 million | 36,811 | $329 million | 9.24% | 1.32% |
| Q2 2025 | $401 million | 36,811 | $317 million | 9.67% | 1.76% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 819,229 potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 7 sites for Essential Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Plaquemine FRC
21925 Highway 1, Plaquemine, LA 70764 - Siegen FRC
6725 Siegen Ln, Baton Rouge, LA 70809 - Gonzales FRC
577 W Highway 30 Ste F, Gonzales, LA 70737 - Walker FRC
28645 Walker Rd S, Walker, LA 70785 - Towne Center-Operations Center (main office)
2370 Towne Center Blvd, Baton Rouge, LA 70806 - Houston Texas
12012 Space Center Blvd, Houston, TX 77059 - Towne Center
2370 Towne Center Blvd, Baton Rouge, LA 70806
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology