FORMATION
Federal • Baton Rouge, Louisiana • Est. 1939
Quick Facts
- Charter Number
- #3061
- Type
- Federal
- Established
- 1939
- Headquarters
- Baton Rouge, Louisiana 70895
- Address
- P O Box 15745
- Branches
- 2
- ATMs
- 2
- Members
- 10,635
- Membership Type
- Community
NCUA Financial Health Score
Based on NCUA Q4 2025 Call Report data
Above-average financial health. Net worth is strong and key ratios are within normal ranges, with minor areas to monitor.
Financial Overview
Total Assets
Members
10,635 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | FORMATION |
|---|---|
| Total Assets | $96.5M |
| Members | 10,635 |
| Loans Outstanding | $61.5M |
| Shares & Deposits | $83.4M |
| Net Worth | $12.9M |
| Net Worth Ratio | 13.31% |
| Loan-to-Share Ratio | 73.8% |
| Delinquency Rate | 1.77% |
| Net Income | +$613,495 |
Source: NCUA Q4 2025 Call Report • Cycle date: 12/31/2025
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.
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View Louisiana RankingsFrequently Asked Questions
Yes. FORMATION is federally insured by the National Credit Union Administration (NCUA) up to $250,000 per depositor, per ownership category. This provides the same level of deposit protection as FDIC insurance at a bank.
As of the NCUA Q4 2025 Call Report, FORMATION has 10,635 members and a potential membership field of 20,000 people.
FORMATION's net worth ratio is 13.31% as of Q4 2025. The NCUA classifies a credit union as "well-capitalized" when its net worth ratio is 7% or higher. At 13.3%, FORMATION meets this threshold.
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 (Q4 2025). CUScore is an independent directory and is not affiliated with the NCUA or FORMATION. All financial data is for informational purposes only.