FORMATION
Federal • Baton Rouge, Louisiana • Est. 1939
Quick Facts
- Charter Number
- #3061
- Type
- Federal
- Established
- 1939
- Headquarters
- Baton Rouge, Louisiana 70816
- Address
- 10289 Airline Hwy
- Branches
- 2
- ATMs
- 2
- Members
- 9,111
- Membership Type
- Community
CUScore Financial Grade
Based on Q1 2026 NCUA Call Report data
Under CUScore's rules, this institution reports a net worth ratio of at least 8% and a delinquency rate below 1.5%. This simplified grade is informational, is not an official NCUA rating, and does not determine regulatory or deposit-insurance status.
Financial Overview
Total Assets
Members
9,111 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | FORMATION |
|---|---|
| Total Assets | $95.2M |
| Members | 9,111 |
| Loans Outstanding | $58.7M |
| Shares & Deposits | $81.9M |
| Net Worth | $13.0M |
| Net Worth Ratio | 13.64% |
| Loan-to-Share Ratio | 71.7% |
| Delinquency Rate | 1.11% |
| Net Income | +$142,602 |
Source: Q1 2026 NCUA Call Report • Reporting date: 3/31/2026
Branch Locations
2 locations · 2 ATMs
Main Office
Main Office10289 Airline Hwy
Baton Rouge, LA 70816
Total Source Building
10299 Airline Hwy
Baton Rouge, LA 70816-4002
Who Can Join FORMATION?
Membership Type: Community
Membership eligibility for FORMATION may vary. Contact the credit union directly to confirm qualification requirements.
Contact FORMATION directly or visit their website for the most accurate and up-to-date membership eligibility information.
Find More Credit Unions in Louisiana
Review the Q1 2026 statewide dataset, aggregate ratios, and institutions ranked by reported assets.
View Louisiana RankingsFrequently Asked Questions
FORMATION is listed as federally insured in the Q1 2026 NCUA dataset. NCUA share insurance generally covers qualifying accounts up to the standard maximum amount, with coverage depending on account ownership categories. Verify current status and coverage for your accounts with the NCUA or the institution.
As of the Q1 2026 NCUA Call Report, FORMATION has 9,111 members and a potential membership field of 10,000 people.
FORMATION's reported net worth ratio is 13.64% as of Q1 2026. The NCUA's standard net worth ratio threshold for "well capitalized" is 7%, although official status can involve additional rules.
FORMATION operates 2 branch locations and has access to 2 ATMs. The main office is located at 10289 Airline Hwy, Baton Rouge, LA 70816.
FORMATION was established in 1939. It is a federal credit union chartered under charter number 3061. The institution has been serving members for 87 years.
Data sourced from the NCUA Quarterly Call Report (Q1 2026). CUScore is an independent directory and is not affiliated with the NCUA or FORMATION. All financial data is for informational purposes only.