Sep, 30, 2025 — ONPATH FEDERAL CREDIT UNION is a federal credit union headquartered in METAIRIE, LA with 15 branch locations and about $1.13 billion in total assets. Opened 65 years ago in 1961, ONPATH FEDERAL CREDIT UNION has about 87,350 members and employs 248 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ONPATH FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 3131 N I 10 Service Rd E METAIRIE, LA 70002-6053 |
| Phone: | (504) 733-1733 |
| Fax: | (504) 733-7670 |
| Website: | https://www.beonpath.org/ |
| Branches: | 15 branch locations |
| Members: | 87,350 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 14692 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1961 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,132,848,272 |
| CEO/Manager: | Jared Freeman |
| Chairperson: | Martha Castillo |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 85,410,170 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 483,818,691 |
| Unsecured Loans | 134,800,883 |
| Other Loans | 288,405,994 |
| TOTAL LOANS | 909,147,762 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -9,972,228 |
| Land And Building | 25,018,087 |
| Other Fixed Assets | 9,842,828 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 7,884,193 |
| All Other Assets | 123,291 |
| TOTAL ASSETS | 1,132,848,272 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 82,006,358 |
| Accounts Payable & Other Liabilities | 23,767,925 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 8,000,000 |
| Share Drafts | 183,277,169 |
| Regular shares | 285,500,622 |
| All Other Shares & Deposits | 447,906,804 |
| TOTAL SHARES & DEPOSITS | 916,684,595 |
| TOTAL LIABILITIES | 1,030,458,878 |
| Regular Reserve | 0 |
| Other Reserves | 37,975,949 |
| Undivided Earnings | 64,413,445 |
| TOTAL EQUITY | 102,389,394 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,132,848,272 |
| INCOME & EXPENSE | |
| Loan Income | 47,530,899 |
| Investment Income | 3,039,215 |
| Other Income | 17,837,481 |
| Total Employee Compensation & Benefits | 19,112,480 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 26,471,548 |
| Non-operating Income & (Expense) | 751,990 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 8,444,266 |
| Cost of Funds | 14,927,102 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 5,203,610 |
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