Our Story

Stanocola Processing Employee's Federal Credit Union Founded

On October 20, 1934, Stanocola Processing Employee's Federal Credit Union was created under Federal Charter #13. One hundred seventy-eight original members invested a total of $941.70 to get the credit union off the ground. Our original name, Stanocola Processing Employee's Federal Credit Union, reflected our charter's sponsor and our mission to manage the banking needs of our community's new and growing middle class by providing financial services to the employees of the Stanocola Processing Plant (now ExxonMobil).

Merger Creates Esso Processing and Mechanical Employees Federal Credit Union

The two credit unions merged to form Esso Processing and Mechanical Employees Federal Credit Union, retaining Charter #13.

Esso Process and Mechanical Federal Credit Union

The credit union's name changed to Esso Process and Mechanical Federal Credit Union.

Exxon Process and Mechanical Federal Credit Union

The credit union's name changed to Exxon Process and Mechanical Federal Credit Union.

Exxon Federal Credit Union

The credit union's name changed to Exxon Federal Credit Union.

E Federal Credit Union

The credit union's name changed to E Federal Credit Union.

Largest Credit Union Merger in Louisiana

Esso Federal Credit Union was acquired by E Federal Credit Union, marking the largest credit union merger in Louisiana history. This merger grew our assets to more than $140 million and 20,000 members.

Vulcan Employees Federal Credit Union Acquired

Burnside Federal Credit Union Acquired

Burnside Federal Credit Union (Ormet as its field of membership) was acquired by E Federal Credit Union.

Moved to New Operations Center

We moved to our new Operations Center at 10719 Airline Highway, Baton Rouge, LA 70816.

O'Neal Lane Branch Opened

We opened our O'Neal Lane Branch.

Expanded to Community Charter

E Federal Credit Union changed its field of membership from a single sponsor to a community charter encompassing nine parishes: Ascension, East Baton Rouge, East Feliciana, Iberville, Livingston, Pointe Coupee, St. Helena, West Baton Rouge, and West Feliciana.

Market Street Branch Opened

We opened our Market Street Branch (now known as the Shenandoah Branch).

Zachary Branch Opened

We opened our Zachary Branch.

Prairieville Branch Opened

We opened our Prairieville Branch.

Denham Springs Branch Opened

We opened our Denham Springs Branch.

Launched Our First Website

Launched our first website, efederal.org, giving members easy access to information about our products and services.

Rewards Checking Account Launched

We launched our new Rewards Checking account, giving members the unique flexibility to choose between cash back or a high-yield, making us the only credit union in the market that allows members to decide how they are rewarded each month.

EFCU Financial Federal Credit Union

The credit union's name changed to EFCU Financial Federal Credit Union.

EFCU Financial Foundation Created

The EFCU Financial Foundation was created.

Perkins Branch Opened

We opened our Perkins Branch.

Reached One Billion Dollars in Assets

EFCU Financial reached one billion dollars in assets and celebrated with a Billion Dollar Bash on January 19, 2024.

Celebrated Our 90th Anniversary

Celebrated our 90th anniversary with a special giveaway to thank our members for their continued trust and support.

Moved to New Operations Center

We moved from our Operations Center on Airline Highway to our newly remodeled Operations Center at 3232 S Sherwood Forest Blvd.

Reached 70,000 Members

Reached 70,000 members, marking another milestone in our growth and commitment to serving our community.