Business Details
50+ Years
experience
Your Trusted Financial Partner in Covington, LA
CUSA Federal Credit Union has served the financial needs of the oil and gas industry and its families since 1955. Originally established as Gulf Employees-Harvey Federal Credit Union, we rebranded to Gulf Federal Credit Union in 1975 before adopting our current name in 1985. As a Louisiana-based, not-for-profit cooperative, we prioritize member satisfaction through competitive financial products and services. Our membership eligibility extends to Chevron employees, Select Employer Group workers, and their families, with additional community-based access in six Louisiana parishes. Backed by the National Credit Union Administration (NCUA), we provide insured deposit accounts and personalized lending solutions.Our service offerings include savings accounts, certificates, auto loans, mortgages, and credit cards, supported by online banking and mobile services. With three physical branches and a commitment to financial education, we emphasize accessibility and member ownership. Our 69-year operational history demonstrates expertise in meeting evolving financial needs while maintaining trust through transparent practices. We operate under the principle that every member remains eligible for membership regardless of employment changes, ensuring long-term financial relationships.
Services
Savings Accounts
Auto Loans
Credit Cards
Personal Loans
Mortgage Loans
Details
- Year established: 1955
Highlights and features
- We offer NCUA-insured accounts with up to $250,000 coverage per member
- Our 69-year history serving Louisiana's oil and gas industry demonstrates specialized expertise
- Competitive 10% APY on youth certificates encourages early financial education
- Member-owned structure ensures profits benefit account holders through better rates
- Flexible membership extends benefits to family members and local communities
Associations and certifications
- National Credit Union Administration (NCUA)
Services
Savings Accounts
Our share savings accounts require a $5 minimum balance with dividends on balances over $105. Members access funds through ATMs, direct deposits, and branch services. Monthly statements ensure financial transparency while maintaining NCUA insurance coverage. Online banking tools help track balances and transactions conveniently.
Auto Loans
We provide competitive auto loan rates for new and used vehicle purchases. Our lending specialists help members qualify based on creditworthiness with flexible repayment terms. Online calculators help estimate monthly payments before formal application submission through our secure portal.
Credit Cards
Our credit card options offer rewards programs and competitive APR rates. Members can apply online with instant decision capabilities while benefiting from fraud protection services. Card activation and lost/stolen reporting available 24/7 through dedicated phone lines.
Personal Loans
Unsecured personal loans help members cover unexpected expenses or consolidate debt. We offer fixed-rate terms with predictable monthly payments. The application process includes credit assessment to ensure responsible lending practices for both borrower and institution.
Mortgage Loans
Through Member First Mortgage partnership, we offer conventional and government-backed home loans. Services include purchase financing, refinancing, and construction loans with competitive rates. Our mortgage consultants guide members through the entire loan process from pre-approval to closing.
Questions
How do I become a CUSA member?
Eligibility requires employment with Chevron, participating SEG companies, or residing in six Louisiana parishes. Complete our online application with government ID verification to start membership.
What online banking features are available?
Our digital platform supports account management, bill payment, mobile check deposit, and loan applications. Members access services 24/7 through secure web or mobile app interfaces.
Are my deposits insured?
Yes, NCUA insurance covers deposits up to $250,000 per member. This federal guarantee protects savings accounts, certificates, and other deposit products.
What loan types do you offer?
We provide auto loans, personal loans, credit cards, mortgages, and home equity loans. Our lending specialists help members choose appropriate financing options based on individual needs.
