Forbes has recognized several Louisiana credit unions in their 2023 Best-In-State Credit Unions list, celebrating their outstanding service, dedication to their members, and ability to compete with the ever-growing use of innovation in the financial institution industry.
Among the top credit union performers in Louisiana:
- Barksdale Federal Credit Union
- Jefferson Financial Federal Credit Union
- Neighbors Federal Credit Union
- Xplore Federal Credit Union
To create the list, Forbes partnered with market research firm Statista and surveyed approximately 31,000 U.S. residents. Participants were asked to name all the banks and credit unions where they have a checking or savings account and evaluate these institutions based on criteria such as customer service, the quality of the financial advice representatives offer, whether fees are transparent and reasonable, ease of navigating the company website, on-location branch services and the overall level of trust the companies inspired.
Large nationwide banks and credit unions with branches in more than 15 U.S. states—like Bank of America, JPMorgan Chase, Wells Fargo and Navy Federal Credit Union—were excluded so that the lists reflect the best of the smaller, regional institutions.