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School Employee Benefit

CenLA Federal Credit Union is thrilled to offer a new benefit JUST FOR SCHOOL EMPLOYEES!  CenLA FCU was founded in 1963 by a group of Rapides Parish School Board employees to meet the financial needs of educators.  Although CenLA FCU has since expanded its membership to include anyone that lives, works or worships in our field of membership within the six Central Louisiana parishes, it’s time to return to our roots and offer a special benefit just for school employees.

SCHOOL EMPLOYEE BENEFIT

As of January 3, 2022, school employees that are current CenLA FCU members OR school employees that join CenLA FCU and are currently working at an approved school within our six-parish field of service are eligible to receive a 1.00% APR INTEREST RATE REDUCTION on closed end loans.

ELIGIBILITY

  • School members who are employed and working for a school in one of CenLA FCU’s field of membership parishes (Rapides, Grant, Winn, LaSalle, Catahoula or Vernon parish).

  • CenLA FCU’s school employee benefit is inclusive of all employees of approved school boards, schools Pre-K-12 (public or private) or college/university.  Click here for a list of approved schools and eligible employees.

BENEFIT

  • 1.00% APR interest rate reduction on “closed-end” loans only.
    (Vehicles, Boat, Motor, Trailers, ATVs, Travel Trailers, Certificate-Secured and other Collateral loans)
  • School employee must be the primary member receiving the loan from CenLA FCU.
  • 1.00% APR interest rate reduction can be used for additional closed-end loans if primary member continues to be employed as a working school employee based upon the guidelines of this program.
  • The 1.00% APR interest rate reduction CAN be used in connection with promotional rate offerings meaning your school member benefit can drop your interest rate even lower!  Current and upcoming promotions are advertised on our website, quarterly newsletters, social media, email and at CenLA FCU branches. 
  • Refinance a non-CenLA FCU closed-end loan with us and get the 1.00% APR discount.  

WHAT IS REQUIRED?

  • Proof of current school employment
  • Personal Identification (Drivers License)
  • $25 to open an Account (Savings Share)

This is what is required to become a member of CenLA FCU, but by being a member you have access to great rates on many other products. 

Questions?  Give us a call at 318-445-7388

Request a Member Service Representative
X 151 Pineville Branch
X 251 Coliseum Branch
Or, email us at schools@cenlafcu.org and someone will respond to you within 24-48 business hours.