Centric Expands Field of Membership to 26 Additional Underserved Parishes/Counties in Louisiana and Arkansas, Partnered with Dollar Associates on NCUA Process
West Monroe, Louisiana, February 21, 2023 - Centric Federal Credit Union (Centric FCU), with the assistance of Dollar Associates, LLC, has expanded its field of membership to 26 additional underserved parishes/counties in Louisiana and Arkansas. The announcement was made on January 26, 2023, after the credit union received approval from the National Credit Union Administration (NCUA).
The goal of the credit union’s expansion into the underserved markets is to provide a wide array of affordable financial products and services and financial education resources to all residents, organizations, and businesses of the area. The credit union believes its products and services and outstanding record of member engagement will positively impact the lives of additional prospective members and underserved area residents who before now, would not have been eligible to join the credit union.
“We are excited and welcome the opportunity to serve additional people in the Louisiana and Arkansas markets,” said Rodney Parker, Centric’s President and CEO. “Centric FCU works earnestly to bring attentive, friendly solutions from start to finish and looks forward to being a great partner to the people in these communities.”
About Centric Federal Credit Union
Established in 1937 in West Monroe, LA, Centric Federal Credit Union has grown to be a large locally owned financial cooperative in Northeast Louisiana serving over 38,000 members with over $324 million in assets. Centric exists to help members and communities served to Live Better.
About Dollar Associates
Dollar Associates is a full-service credit union consulting firm that has assisted over 500 credit unions in expanding their fields of membership since its founding in 2004. For additional details about Dollar Associates, visit https://www.dollarassociates.com/.