What is a Credit Union, anyway?

The truth is, we’re a lot like a bank – with a few important differences.

Let’s break it down.

How we’re the same:

  • We provide a safe place to store your money that is federally insured.
  • We have a variety of services like credit, home financing, auto loans and more.
  • We offer all the cool benefits of online and mobile banking.

How we’re different:

  • As a nonprofit, we’re driven to help you succeed financially — without the excessive fees and high interest.
  • We require a membership, but no worries–we also make it easy to join. This helps us keep fees small–and dividends big.
  • Our members aren’t numbers. They’re company stakeholders who get a piece of the pie.
  • (Mmm, pie.)

How we benefit you:

  • Access better rates for all your financial needs.
  • Enjoy dividends on monthly checking balances.
  • Grow both your financial intelligence and wealth.

Joining Is Easy!

While credit unions have a reputation for being exclusive, La Capitol makes meeting the requirements easy. With a qualifying account, you’re eligible for membership if you meet any of the following:

  • in the city of Baton Rouge
  • in underserved designations of any of the following parishes:
    • Allen
    • Grant
    • Jefferson
    • Lincoln
    • Natchitoches
    • Orleans
    • Ouachita
    • Plaquemine
    • Rapides
    • St. Bernard
    • St. Charles
    • St. John
    • Tangipahoa
    • Terrebonne

  • Baton Rouge Community College (BRCC)
  • Delgado Community College
  • Louisiana Tech University
  • Northwestern State University (NSU)
  • Nunez Community College
  • Southeastern Louisiana University (SLU)
  • University of Louisiana at Monroe (ULM)

  • Spouse
  • Parent/Stepparent
  • Child/Stepchild
  • Sibling
  • Grandchild
  • Grandparent
  • Extended family member living in the same household as a La Cap member

  • one of our select employee groups
  • any Louisiana state agency without its own credit union

If you don’t meet any of the above qualifications, you can still become a member by joining the Louisiana Association for Personal Financial Achievement (ACHIEVE), which is an organization dedicated to enriching lives through financial education and skills development.


 

What type of account do I need to open?

Our regular share savings account and any deposit-type account will qualify for membership — we aren’t picky. This includes our high-yield savings accounts, perk-packed checking accounts, share certificates and IRAs. Simply open the account that’s right for you, and deposit the minimum required balance amount needed. That’s it!