TellerScore

Formation Federal Credit Union is a federal credit union headquartered in Baton Rouge, Louisiana, in business for about 87 years. At the end of Q2 2026 it reported $93.0M in total assets and $79.6M in member shares and deposits, with 2 offices.

Based on its Q2 2026 filing, Formation Federal Credit Union scores 76/100, which we describe as strong. That is higher than 54% of 2,479 credit unions with under $100 million in assets. Among 136 credit unions headquartered in Louisiana, it ranks 54th. Its strongest component is capital cushion (91/100; 14.10%), and its lowest is earnings (43/100; 0.58%).

TellerScore · Q2 2026

Scorecard

Capital cushion91/100
Net worth ratio: 14.10%
Loan quality71/100
Loans 60+ days delinquent ÷ total loans: 0.88%
Earnings43/100
Return on assets (annualized): 0.58%
Funding & liquidity88/100
Loans ÷ shares: 72.2% · 5.8% uninsured
Problem-loan coverage87/100
Delinquent loans + foreclosed assets ÷ (net worth + loan-loss reserves): 6.45%

The TellerScore is our own summary of the figures this institution reports publicly; it is not issued or endorsed by any government agency. It is not a prediction, and deposits within insurance limits are protected either way.

9 quarters

Health trend

From Q2 2025 to Q2 2026, the score rose 8 points (68 → 76), mostly because the capital cushion component improved by 11 points.

TellerScore
576776Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterTellerScore
Q2 202471
Q3 202474
Q4 202474
Q1 202573
Q2 202568
Q3 202567
Q4 202557
Q1 202672
Q2 202676
Net worth ratio
7.00%10.55%14.10%well-capitalized benchmarkQ2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterNet worth ratio
Q2 202413.78%
Q3 202413.72%
Q4 202413.21%
Q1 202513.02%
Q2 202513.03%
Q3 202512.82%
Q4 202513.31%
Q1 202613.64%
Q2 202614.10%
Delinquent loans (60+ days)
0.45%1.11%1.77%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterDelinquent loans (60+ days)
Q2 20240.85%
Q3 20240.60%
Q4 20240.45%
Q1 20250.72%
Q2 20251.07%
Q3 20251.17%
Q4 20251.77%
Q1 20261.11%
Q2 20260.88%
Return on assets
-0.33%0.13%0.60%Q2 2024Q4 2024Q2 2025Q4 2025Q2 2026
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QuarterReturn on assets
Q2 20240.35%
Q3 20240.45%
Q4 20240.39%
Q1 20250.52%
Q2 20250.30%
Q3 20250.27%
Q4 2025-0.33%
Q1 20260.60%
Q2 20260.58%
Quarter-by-quarter figures
QuarterScoreAssetsCapitalProblem loansROALoans/deposits
Q2 202676$93.0M14.10%0.88%0.58%72.2%
Q1 202672$95.2M13.64%1.11%0.60%71.7%
Q4 202557$96.5M13.31%1.77%-0.33%73.8%
Q3 202567$104.4M12.82%1.17%0.27%71.1%
Q2 202568$102.2M13.03%1.07%0.30%74.8%
Q1 202573$102.1M13.02%0.72%0.52%76.8%
Q4 202474$99.7M13.21%0.45%0.39%81.0%
Q3 202474$95.5M13.72%0.60%0.45%86.5%
Q2 202471$94.0M13.78%0.85%0.35%90.7%

2,479 peers · Under $100 million in assets

How it compares with peers

Percentile against credit unions of similar size nationwide (100th = best among peers; for ratios where lower is better, the scale is flipped).

Capital ratio14.10%
48th
Problem loans0.88%
43rd
Net charge-offs0.89%
16th
Return on assets0.58%
46th
Loans to deposits72.2%
30th
Uninsured deposits5.8%
18th
Loan-loss reserves0.00%
37th
Texas ratio6.4%
23rd

Similar-size credit unions in Louisiana

InstitutionScoreAssetsCapitalProblem loansCompare
Wesla Federal Credit UnionCredit union Shreveport, LA81 out of 100, Strong$93.0M14.9%1.02%vs
Zellco Federal Credit UnionCredit union Bogalusa, LA89 out of 100, Very strong$94.5M31.9%0.73%vs
Bayou Federal Credit UnionCredit union Baton Rouge, LA84 out of 100, Strong$82.5M15.9%0.30%vs
Baton Rouge Fire Department Federal Credit UnionCredit union Baton Rouge, LA92 out of 100, Very strong$82.1M22.0%0.52%vs
Professional Fire Fighters Credit UnionCredit union Shreveport, LA81 out of 100, Strong$72.6M19.3%1.49%vs
Maple Federal Credit UnionCredit union Lafayette, LA78 out of 100, Strong$71.6M15.4%0.95%vs

Deposit insurance

Is my money safe at Formation Federal Credit Union?

Yes. Formation Federal Credit Union is a federally insured credit union (NCUA charter #3061). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

An estimated 5.8% of shares and deposits ($4.6M) are above the $250,000 NCUA insurance limit, above the peer median of 1%. Insured balances are protected regardless of the score.

The net worth ratio is 14.10%, well above the 7% level regulators use as the "well capitalized" benchmark for this measure.

Check how much of your own balance is covered

2 locations

Branches

Formation Federal Credit Union lists 2 offices in 1 city. Most locations:

All branch addresses and map

Identity & history

Profile

Legal name
Formation Federal Credit Union
Type
Federal credit union
NCUA charter #
3061
RSSD ID
491578
Primary regulator
NCUA
Established
1939
Headquarters
P O Box 15745, Baton Rouge, LA 70895
Employees
24

Quick answers

Formation Federal Credit Union: common questions

Is Formation Federal Credit Union NCUA insured?

Yes. Formation Federal Credit Union is a federally insured credit union (NCUA charter #3061). Deposits are insured by the National Credit Union Share Insurance Fund up to $250,000 per member, per insured credit union, for each account ownership category.

What is Formation Federal Credit Union's TellerScore?

76 out of 100 (Strong), based on its Q2 2026 publicly reported figures. The TellerScore is our own summary and is not issued by any government agency.

How many branches does Formation Federal Credit Union have?

2 offices as of the latest NCUA data.

Nearby

Highest-scoring banks and credit unions with branches near Baton Rouge

InstitutionScoreAssetsCapitalProblem loansCompare
Baton Rouge City Parish Emp Federal Credit UnionCredit union Baton Rouge, LA96 out of 100, Very strong$58.2M22.0%0.33%vs
Baton Rouge Fire Department Federal Credit UnionCredit union Baton Rouge, LA92 out of 100, Very strong$82.1M22.0%0.52%vs
South Louisiana BankBank Houma, LA91 out of 100, Very strong$659.8M15.3%0.45%vs
Department of Corrections Credit UnionCredit union Baton Rouge, LA90 out of 100, Very strong$126.3M23.4%0.57%vs
Gp Louisiana Federal Credit UnionCredit union Zachary, LA88 out of 100, Very strong$66.2M17.0%0.80%vs
Currency BankBank Baton Rouge, LA86 out of 100, Very strong$248.5M13.4%0.14%vs