Question 1

What is OnPath Federal Credit Union?

Accepted Answer

OnPath Federal Credit Union is a federal credit union headquartered in Metairie, Louisiana, serving over 87,000 members with approximately $1.13 billion in assets. As the fourth largest federal credit union in Louisiana, OnPath operates eighteen branch locations across Southeast Louisiana, providing comprehensive financial services to individuals and businesses throughout the region. The credit union emphasizes being "true financial advocates" with a people-over-profits approach, guided by values of Empathy, Passion, Integrity, Innovation, and Commitment—collectively known as EPIIC experiences.

Question 2

When was OnPath Federal Credit Union founded?

Accepted Answer

OnPath Federal Credit Union was founded in 1961 as ASI Federal Credit Union to serve the hardworking employees of Avondale Shipyards in Louisiana. For nearly six decades, the credit union operated under the ASI name, building a strong foundation of member service and community commitment.

In 2019, the credit union underwent a significant transformation, rebranding as OnPath Federal Credit Union. The new name symbolized the institution's commitment to guiding members toward financial success and keeping them "OnPath" to financial growth. The rebranding reflected the credit union's evolution from serving a single employer group to becoming a major financial institution serving the broader South Louisiana community.

In 2024, OnPath expanded further through a merger with Louisiana Federal Credit Union, creating even more opportunities for members and strengthening the credit union's presence across the region. Most recently, in 2025, OnPath entered into a definitive agreement to acquire Heritage Bank of St. Tammany, a federally chartered savings bank founded in 1924 with over $183 million in assets. This acquisition, expected to close in spring 2026, will expand OnPath's footprint into St. Tammany Parish and surrounding areas.

Question 3

Where is OnPath Federal Credit Union headquartered?

Accepted Answer

OnPath Federal Credit Union is headquartered at 3131 North I-10 Service Road East in Metairie, Louisiana.

Question 4

Where does OnPath Federal Credit Union operate?

Accepted Answer

OnPath Federal Credit Union operates throughout Southeast Louisiana with eighteen retail branch locations serving members across multiple parishes. The credit union maintains locations in communities including Metairie, LaPlace, Gonzales, Gramercy, Hammond, and Norco, with a Mortgage and Business Services Center also located in LaPlace.

Following the 2024 merger with Louisiana Federal Credit Union, OnPath significantly expanded its service network and member base. The pending 2026 acquisition of Heritage Bank of St. Tammany will extend OnPath's presence into Covington and St. Tammany Parish, further broadening the credit union's geographical reach across the region.

Members benefit from access to more than 30,000 surcharge-free ATMs through the CO-OP network and over 5,000 shared branch locations nationwide, providing convenient banking access well beyond OnPath's Louisiana footprint.

Question 5

What services does OnPath Federal Credit Union offer?

Accepted Answer

OnPath Federal Credit Union provides a full suite of personal banking services including checking accounts (standard, interest-bearing, and Reboot Checking for rebuilding credit), savings accounts, money market accounts, share certificates with terms from 6 to 60 months, and Individual Retirement Accounts (Traditional, Roth, and Educational IRAs). A holiday club account is available with funds accessible on November 1 each year.

Lending products include auto loans (up to 72 months for used vehicles with direct deposit and green discounts), personal loans for debt consolidation and other needs, home loans (1st mortgages including FHA and VA products, construction loans, vacant land loans), home equity loans, and home equity lines of credit (HELOCs). The credit union offers GAP insurance, Credit Life, Credit Disability, and Mechanical Repair Coverage for vehicle loans.

OnPath provides robust business banking services including commercial lending that has helped over 700 local businesses thrive, along with business checking accounts and specialized business products. Digital services include online banking, mobile banking apps, wire transfers (domestic and international), and enhanced digital banking tools. Members enjoy benefits like Fee Forgiveness that refunds NSF or Overdraft Privilege fees when accounts are short by $10 or less.

The credit union offers financial education resources and workshops, including the Framework Homebuyers class, and provides free resources to help members raise their financial IQ and achieve financial freedom.

Question 6

What makes OnPath Federal Credit Union unique?

Accepted Answer

OnPath Federal Credit Union distinguishes itself through its strong community investment and social mission. The OnPath Foundation is dedicated to creating generational wealth in the community through financial literacy programs, homeownership initiatives, and small business support, working to break the cycle of poverty and build sustainable economic growth for future generations.

The credit union's commitment to local economic development is demonstrated through its support of over 700 local businesses with commercial lending. OnPath's business loan approach helped entrepreneurs like Sweet Rolls bakery owner realize her dream when other banks lacked faith in her vision, viewing her as an entrepreneur and supporting her every step of the way.

OnPath emphasizes its EPIIC values—Empathy, Passion, Integrity, Innovation, and Commitment—in creating exceptional member experiences. The credit union's mission to be true financial advocates means providing honest, transparent guidance focused on long-term financial wellbeing rather than transactional relationships. This approach has earned OnPath strong member loyalty, with 96% of credit union members favoring their experience over traditional banks.

The credit union maintains extended service hours and personalized service that makes members feel like they're banking with family. OnPath's rapid response to member needs—such as approving emergency loans the same day—demonstrates its commitment to being there when members need support most.

Question 7

What type of financial institution is OnPath Federal Credit Union?

Accepted Answer

OnPath Federal Credit Union is a federal credit union chartered and regulated by the National Credit Union Administration (NCUA) with federal deposit insurance through the National Credit Union Share Insurance Fund (NCUSIF). As a federally chartered institution, OnPath operates under federal credit union regulations and is designated as a low-income credit union, reflecting its commitment to serving underserved communities.

The credit union is also a member of the Federal Home Loan Bank (FHLB), providing access to liquidity and funding resources that support its lending activities. As a not-for-profit financial cooperative, OnPath is owned by its members, who are also its shareholders. This cooperative structure means profits are reinvested back into members through better rates, enhanced services, and lower fees rather than being distributed to external investors.

OnPath operates under a democratic governance model with member-elected leadership. The credit union is committed to redefining what's possible in financial services by placing people first, ensuring that every decision is made with member financial wellbeing as the primary consideration rather than profit maximization.

OnPath Federal Credit Union

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About OnPath Federal Credit Union in the United States