Official record
CDFI Fund list, 21 Oct 2026| Institution type | Credit union |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 28 Sep 2026 |
| RSSD ID | 343088 |
| Address | 133 S. Main Street, Springhill, LA 71075 Directions (Google Maps) |
| Website | www.carterfcu.org |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Not yet verifiedWe read 1 page of this lender's website on 29 Oct 2026 but could not confirm any loan product, loan size or service area there, so we list nothing rather than guess. That doesn't mean it lacks them. Check www.carterfcu.org or contact the lender directly.
Questions to ask when you contact them
We have no details from their website yet, so these are the basics to ask any lender. Something missing here does not mean they don't offer it: ask.
- What kinds of loans do you make, and which one fits what I need?
We have no loan details from their website. - Do you lend where I live, or where my business is?
- How do I become a member, and is there a fee or a minimum deposit?
Credit unions lend only to their members. - What are the smallest and the largest loans you make?
- What interest rate and fees should I expect? For a personal, car or home loan, ask for the APR.
- What documents will you need from me, and how long does a decision usually take?
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$8.5 million in 7 awards from the U.S. Treasury's CDFI Fund, 2010–2024 (4 programs).
| Round year | Program | Amount |
|---|---|---|
| 2024 | CDFI Program, Financial Assistance | $1,110,000 |
| 2024 | Small Dollar Loan Program | $383,223 |
| 2022 | CDFI Equitable Recovery Program | $2,478,839 |
| 2021 | CDFI Rapid Response Program | $1,484,000 |
| 2019 | CDFI Program, Financial Assistance | $649,000 |
| 2016 | CDFI Program, Financial Assistance | $1,650,000 |
| 2010 | CDFI Program, Financial Assistance | $750,000 |
Emergency Capital Investment Program (ECIP)
Treasury invested $12.2 million in this institution under ECIP, by buying preferred stock or subordinated debt (an investment, not a grant; it is not counted in the award total). ECIP type on the list: CDFI. Source: U.S. Treasury ECIP participant list (last updated Mar 2025), downloaded 3 Nov 2026.
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Branches and size
NCUA, 30 Jun 2026On file with the NCUA as CARTER (charter 9164). Source: NCUA 5300 Call Report quarterly data (public data) as of 30 Jun 2026, downloaded 3 Nov 2026: total assets, members and branch addresses.
| Total assets | $762.9 million (as of 30 Jun 2026) |
|---|---|
| Members | 31,384 (as of 30 Jun 2026) |
| Offices | 13 in 3 states (as of 30 Jun 2026) |
Offices by state and county (13)
Louisiana (11 offices)
- Bossier Parish (1): 2901 Meadow Creek Dr, Bossier City 71111
- Caddo Parish (4): 2230 Jewella Ave, Shreveport 71109; 4646 Hilry Huckaby III Ave, Shreveport 71107; 6885 Bert Kouns Ind Loop, Shreveport 71129; 8988 Ellerbe Rd, Shreveport 71106
- De Soto Parish (1): 7288 Highway 509, Mansfield 71052
- Lincoln Parish (1): 2735 Martha St, Simsboro 71275
- Red River Parish (1): 5120 Cut-Off Rd, Coushatta 71019
- Webster Parish (3): 133 S Main St, Springhill 71075 (main office); 918 Homer Rd, Minden 71055; 100 W Church St, Springhill 71075
Arkansas (1 office)
- Columbia County (1): 45 Highway 79 Byp N, Magnolia 71753
Texas (1 office)
- Tarrant County (1): 603 S Adams St Ste 10a, Fort Worth 76104
An office shows where the lender has a branch, not where it lends or whom it lends to. Credit unions serve members only; check who can join. For the ZIP-code search, credit-union offices are placed at the centre of their ZIP code (approximate).
What the regulator filing shows
NCUA 5300, 30 Jun 2026Figures from the 5300 Call Report filed by Carter Federal Credit Union (NCUA charter 9164, filed as “CARTER”). Source: NCUA 5300 Call Report quarterly data (public data), cycle 30 Jun 2026; year-earlier figures from the 30 Jun 2025 cycle; downloaded 3 Nov 2026.
| Total loans and leases | $591.9 million, 27,765 loans (as of 30 Jun 2026) |
|---|---|
| Change over the year | Up 0.3% from $590.2 million on 30 Jun 2025 |
| Members | 31,384 (as of 30 Jun 2026); 34,939 (as of 30 Jun 2025) |
| Loans per member | $18,859 (total loans divided by members, 30 Jun 2026) |
| Total assets | $762.9 million (as of 30 Jun 2026) |
Loan mix (balances on 30 Jun 2026)
| Loan category | Balance | Share |
|---|---|---|
| New vehicle loans | $36 million | 6.1% |
| Used vehicle loans | $85.7 million | 14.5% |
| First-lien home mortgages (1-4 family) | $273.6 million | 46.2% |
| Other real estate loans (junior liens, other) | $33.5 million | 5.7% |
| Commercial (business) loans | $71.4 million | 12.1% |
| Credit cards | $6.5 million | 1.1% |
| Other unsecured loans | $56.4 million | 9.5% |
| Leases and other secured loans | $28.8 million | 4.9% |
Balances are loans outstanding on the report date, not loans made during the year. A category with no balance does not mean the credit union never makes that kind of loan. Credit unions lend to members only; check who can join.
Home loans reported under HMDA (2025)
FFIEC HMDA data, 2025Carter Federal Credit Union reported 93 originated home loans for 2025 under the Home Mortgage Disclosure Act, totaling about $28.6M (median loan about $225,000). 70 were home-purchase loans.
By loan purpose
| Purpose | Loans | Share |
|---|---|---|
| Home purchase | 70 | 75% |
| Refinance (incl. 6 cash-out) | 15 | 16% |
| Other purpose | 7 | 7.5% |
By loan type
| Loan type | Loans | Share |
|---|---|---|
| Conventional | 93 | 100% |
Included above: 4 home-equity or other open-end lines of credit; 4 loans on manufactured homes.
Where the loans were made
Counties with the most 2025 originations, out of 27 counties with at least one; 75% of its 2025 loans were for properties in Louisiana:
- Caddo Parish, LA (34)
- Webster Parish, LA (10)
- Miami-Dade County, FL (9)
- Bossier Parish, LA (7)
- De Soto Parish, LA (5)
- Claiborne Parish, LA (3)
Filed under LEI 549300CKG3JGNHH34D61 as “CARTER FEDERAL CREDIT UNION”; matched by its RSSD ID on the CDFI Fund list, which the HMDA reporter panel links to this LEI.
Source: FFIEC Home Mortgage Disclosure Act (HMDA) data for 2025, snapshot frozen 2 Jun 2026, loan-level records read through the CFPB HMDA Data Browser API on 3 Nov 2026. Originated loans only; applications that were denied, withdrawn or not accepted are not counted. HMDA publishes each loan amount as the middle of a $10,000 band, so totals and medians are approximate. Counts under 3 are not shown. How we match lenders.
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Median SBA 7(a) loan it approved, FY2020–FY2026 | $143,600 (32 loans) | All 7(a) lenders in Louisiana: $250,000. Larger than the median loan of 37% of the 97 other certified CDFIs with 10 or more 7(a) loans. |
| SBA approvals, FY2023–24 → FY2025–26 | 13 → 4 | Rank among the 19 certified CDFIs in Louisiana with SBA approvals in either period: 2 → 4. |
| Total assets (Call Report, 30 Jun 2026) | $762.9 million | Larger than 90% of the 20 other certified credit unions in Louisiana (median $136.3 million). |
| Loans as a share of assets | 78% | Median of the same 20 credit unions: 75%. A higher share means more of its balance sheet is lent out. |
| Loans held, 30 Jun 2025 → 30 Jun 2026 | $590.2 million → $591.9 million (+0%) | Median change of 20 other certified credit unions in Louisiana: +4%. Rank by loans held among these 21: 3 → 3. |
| Home loans originated in 2025 (HMDA) | 93 | More than 42% of the 263 other certified CDFIs that reported 3 or more (120 at the median). Volume only; nothing here is an approval rate. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Median SBA 7(a) loan | certified CDFIs with 10+ 7(a) loans, nationwide | 97 | larger than 37% |
| SBA approvals then vs now | certified CDFIs in Louisiana with SBA approvals FY2023–2026 | 18 | rank 2 → 4 of 19 |
| Call Report total assets | other certified credit unions in Louisiana | 20 | larger than 90% |
| Loans held then vs now | certified credit unions in Louisiana reporting both dates | 20 | rank 3 → 3 of 21 |
| HMDA home loans | certified CDFIs with 3+ originations in 2025, nationwide | 263 | more than 42% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. SBA 7(a) & 504 FOIA data as of 30 Sep 2026. Assets and loans: FFIEC and NCUA Call Reports (see the loan-mix section). Home loans: FFIEC/CFPB HMDA data.
SBA loans approved
SBA data as of 30 Sep 2026The SBA's public loan data lists 32 SBA-backed approvals for Carter Federal Credit Union in fiscal years 2020–2026 (October 2019 to September 2026):
- 32 7(a) loans as the lender: $14.3M in total (gross amount approved), median $143,600
By fiscal year: FY2020 1 · FY2021 4 · FY2022 10 · FY2023 6 · FY2024 7 · FY2025 3 · FY2026 1.
What actually happened
- Size of its 7(a) loans: half were between $90,000 and $337,900, median $143,600 (32 loans)
- Term of its 7(a) loans: median 120 months (10 years) (32 loans)
- Fixed or variable: 97% of its 7(a) loans had a fixed rate (32 loans)
- Young businesses: 81% of its 7(a) loans went to a startup or a business two years old or less (32 loans with an answer)
Descriptive only: what the SBA file records for loans this lender approved in fiscal years 2020–2026. Each figure covers at least 10 loans; with fewer we show nothing. It is not an offer, not the rate or term you would get, and says nothing about your chance of approval.
By program
- 7(a) standard (19, 59%)
- 7(a) SBA Express (13, 41%)
Borrower industries
NAICS sector, 3 or more loans.
- Other services (except public administration) (6)
- Health care and social assistance (6)
- Arts, entertainment, and recreation (5)
- Transportation and warehousing (4)
- Professional, scientific, and technical services (3)
Where borrowers are
County of the borrower's ZIP code, 3 or more loans.
- Caddo Parish, LA (21)
- Bossier Parish, LA (5)
How this lender was matched in the SBA files: NCUA charter 9164, found through the RSSD ID in NCUA records (SBA lists “Carter FCU”).
Approved is not the same as paid out: an approved loan can be reduced or never drawn. SBA lists the lender each loan is currently assigned to, which can differ after a merger or loan sale. Carter Federal Credit Union may also make loans outside SBA programs, which are not counted here, and SBA Microloans are not in these files.
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.
Other certified CDFIs in Springhill and Louisiana
- 705 Federal Credit UnionCredit union · Lafayette, LAAuto / vehicle loans, Credit-builder loans, Microloans, Home mortgages…Verified
- American Bank & Trust CompanyBank or thrift · Opelousas, LAAgriculture / farm loans, Commercial real estate loans, Home mortgages, Personal / consumer loans…Verified
- Ascension Credit UnionCredit union · Gonzales, LAAuto / vehicle loans, Commercial real estate loans, Credit-builder loans, Equipment loans…Verified
- BASILE STATE BANKBank or thrift · Basile, LAAuto / vehicle loans, Home repair / improvement loans, Personal / consumer loansVerified
- BOM BankBank or thrift · Natchitoches, LAAuto / vehicle loans, Credit-builder loans, Home mortgages, Personal / consumer loans…Verified
- Bank Of Sunset & Trust CompanyBank or thrift · Sunset, LAAuto / vehicle loans, Commercial real estate loans, Home repair / improvement loans, Home mortgages…Verified
Work at Carter Federal Credit Union? Link to this page
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