Persons who live, work, worship, or attend school in and businesses and other legal entities located in Iberville Parish are eligible to join Iberville Federal Credit Union.
Joining is easy! To become a member of IFCU, simply open a Savings Account by depositing and maintaining a balance of $25 or more. There is a one-time joining fee of $5. Once you become a member, you're a member for life and entitled to all of our services. Membership applications are available at the credit union office.
If you have any questions or concerns regarding membership at IFCU, please contact us at 225-687-4836 or e-mail your question to firstname.lastname@example.org .
In accordance with Section 326 of the USA Patriot Act, applicants for new accounts are requested to provide current picture identification that verifies identity including name, address and other identifying information.
In some cases, identification will be requested for current members if original documentation was not obtained with the opening of the account. In all cases, protection of our members' identity and confidentiality is our pledge to you.
We proudly support all efforts to protect and maintain the security of our members and our country.
A credit union is a not-for-profit, cooperative financial institution that is owned and controlled by the people who use its services - credit union members. Credit unions are for everyone, but the law places some limits on the people that they may serve. Members of credit unions share a common bond, such as being employed at the same workplace, belonging to the same church or fraternal organization, or living in the same area.
Credit unions, like other financial institutions, are closely regulated and meet high standards of safety and soundness. The National Credit Union Share Insurance Fund (NCUSIF), administered by the National Credit Union Administration (NCUA), an agency of the federal government, insures deposits of credit union members for up to $100,000.
Like credit unions, these financial institutions accept deposits and make loans. However, credit union services are typically offered at better rates due to their unique operation. While banks and savings and loans must make a profit for their shareholders, credit unions exist only to serve their members. Therefore, credit unions return their profits, after expenses and reserves, to members in the form of dividends on savings, low rates on loans, and new or improved services.