credit union

Morgan City

Morgan City, LA · Est. 1962
A
Trust Grade
Excellent
Score: 91/100

Morgan City is a credit union based in Morgan City, Louisiana, established in 1962, with $5 million in total assets serving 860 members. By Trust Grade it ranks 80th of 136 credit unions we track in Louisiana. Its net worth ratio of 16.1% is stronger than 61% of similarly sized credit unions, versus a Louisiana median of 14.5%. It was profitable over the most recent period, with a 0.16% return on assets. No consumer complaints against Morgan City appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$4.9M
<$100M institution
Members
860
Shares & deposits
—
Net worth ratio
16.1%
Top 39% of <$100M peers · Louisiana median 14.5%
Return on assets
0.2%
Bottom 28% of <$100M peers · Louisiana median 0.49%
Rank in Louisiana
#80
of 136 credit unions

How Morgan City compares to Louisiana peers

Net worth ratio
Top 39% of <$100M peers
Morgan City
16.1%
Louisiana median
14.5%
Higher capital ratio = stronger financial cushion
Return on assets
Bottom 28% of <$100M peers
Morgan City
0.2%
Louisiana median
0.5%
Higher ROA = more profitable relative to asset base

How we graded Morgan City

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
91/100
Customer experience
n/a
Overall
A · 91
  • Strongly capitalized (16.1% capital ratio)
  • Profitable (ROA 0.16%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Morgan City over the analysis window. For a smaller institution this is common and counts in its favor.

Are deposits at Morgan City insured?

Yes. Morgan City 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.

Morgan City: frequently asked questions

Is Morgan City a good credit union?

Morgan City earns a Bankzia Trust Grade of A (91/100, "Excellent"), based on a financial-strength score of 91/100 (it has no CFPB complaints on record). Strongly capitalized (16.1% capital ratio); Profitable (ROA 0.16%).

Is Morgan City NCUA-insured?

Yes. Morgan City 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 Morgan City?

Morgan City holds $5 million in total assets, ranking 80th of 136 credit unions we track in Louisiana. It serves 860 members.

Does Morgan City have CFPB complaints?

No CFPB complaints against Morgan City appear in our data over the analysis window, which is typical for a credit union of this size.

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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.

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