Question 1

What is Shreveport Police Credit Union (SPCU)?

Accepted Answer

Shreveport Police Credit Union (SPCU) is a federally-chartered credit union serving law enforcement personnel and their families in Shreveport, Louisiana. With approximately $8.7 million in assets and over 1,000 members, SPCU operates as a specialized financial cooperative dedicated to the unique needs of police officers and their immediate family members. The credit union is regulated by the National Credit Union Administration (NCUA) under charter number 6048.

Question 2

When was Shreveport Police Credit Union (SPCU) founded?

Accepted Answer

[Information not publicly available]

Question 3

Where is Shreveport Police Credit Union (SPCU) headquartered?

Accepted Answer

Shreveport Police Credit Union is headquartered at 2750 Mackey Lane in Shreveport, Louisiana. The credit union maintains its single branch location at this address, serving members in the northwestern region of the state.

Question 4

Where does Shreveport Police Credit Union (SPCU) operate?

Accepted Answer

SPCU primarily serves members in Shreveport and the surrounding Caddo Parish area in northwest Louisiana. As a credit union with specific membership requirements focused on law enforcement, its field of membership is restricted to police officers, law enforcement personnel employed by qualifying agencies, and their immediate family members. The credit union maintains one branch location in Shreveport.

Question 5

What services does Shreveport Police Credit Union (SPCU) offer?

Accepted Answer

Shreveport Police Credit Union provides a range of traditional financial services tailored to law enforcement professionals. These include share accounts (savings), checking accounts, consumer loans, auto loans, and personal lending products.

The credit union offers member financing options with competitive rates designed to meet the needs of police officers and their families. Members have access to basic deposit and loan services through the credit union's Shreveport branch location.

Question 6

What makes Shreveport Police Credit Union (SPCU) unique?

Accepted Answer

SPCU distinguishes itself through its focused service to the law enforcement community in Shreveport. As a police-affiliated credit union, it understands the specific financial needs and challenges faced by officers and first responders.

With a strong net worth ratio of 16.57% and a return on average assets of 1.41%, the credit union maintains solid financial stability. The institution has demonstrated healthy deposit growth of 13.08% over the past four quarters, reflecting member confidence and engagement.

Its specialized focus allows SPCU to provide personalized service and build strong relationships within the tight-knit law enforcement community it serves.

Question 7

What type of financial institution is Shreveport Police Credit Union (SPCU)?

Accepted Answer

Shreveport Police Credit Union is a federal credit union operating under a federal charter granted by the National Credit Union Administration. As a federally-chartered institution, SPCU operates under federal regulations and receives federal deposit insurance through the NCUA.

Membership is restricted to a select employee group (SEG), specifically law enforcement personnel and police officers employed by qualifying agencies, along with their immediate family members. This includes spouses and relatives by blood or marriage.

As a member-owned cooperative, SPCU operates on a not-for-profit basis, returning earnings to members through competitive rates, lower fees, and improved services rather than distributing profits to external shareholders.

Shreveport Police Credit Union (SPCU)

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About Shreveport Police Credit Union (SPCU) in the United States