e Federal Credit Union
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About EFCU

  

Our Mission

Provide comprehensive financial solutions driven by our members' best interests.

 

Our Core Values

Member Centered | Community Focused | Trustworthiness & Integrity | Respect | Not-for-profit | Cooperation | Responsibility | Quality

 

Our Story

The Stanocola Processing Employees Federal Credit Union, the forerunner to the present E Federal Credit Union, was organized under Federal Charter Number 13 on October 20, 1934, with total assets of $941.70 and 178 members.  Standard Oil Company of Louisiana (Stanocola) was the prime sponsor company of the organization, which saw twelve different credit unions chartered to serve their employees in various departments.   

 

Over the years, the number of credit unions serving the company in Baton Rouge dwindled to two:  E Federal Credit Union (who underwent several name changes to blend in with the sponsor company) primarily served the hourly employees, while EXCO Federal Credit Union primarily served the salaried employees.  The two credit unions coexisted with a total overlap of membership until January 31, 2003, when EXCO Federal Credit Union merged into E Federal Credit Union, making this the largest credit union merger in Louisiana history and bringing total assets to $150 million and over 20,000 members.  In 2005, E Federal Credit Union expanded into Ascension Parish with the merger of two more credit unions:  Vulcan Employees Federal Credit Union in Geismar and Burnside Federal Credit Union in Gonzales. 

 

E Federal Credit Union became a community chartered credit union in 2007, opening membership opportunities to individuals who live, work or worship in the 9-parish area surrounding East Baton Rouge. Committed to serving its growing membership, E Federal now has eight (8) full-service branches throughout East Baton Rouge, Ascension and Livingston parishes.

 

Our Leadership  

Rick Bergeron

Chairman

Celeste Francois

1st Vice Chair

 

Jack Haynes

2nd Vice Chair

 

 

Neal Cholette

Secretary/Treasurer

 

David Bretz

Board of Directors

Keith Carpenter

Board of Directors

Tyler Grodi

CEO

 

 

 

Not Pictured: Neal Elkins, Board of Directors


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