CSE FCU Provided Over $4 Million in Financial Benefits to Members
April 5, 2019
Lake Charles, La.— The Credit Union National Association (CUNA) has determined that CSE Federal Credit Union (CSE) provided $4,093,578 in direct financial benefits to its 29,988 members during the twelve months ending in September 2018. These benefits are equivalent to approximately $287 per member household, up from $110 in 2016 and $155 in 2017. In regards to high-use member households in the current time period, it has been determined that CSE provided $1,431 in direct financial benefits.
As a whole, credit unions generally provide financial benefits to members by charging less for loans, paying more on deposits and charging fewer/lower fees compared to traditional banking institutions.
CSE is the largest credit union headquartered in SWLA with assets over $300 million with membership open to anyone who lives, works, worships or attends school in Calcasieu, Cameron and Jeff Davis Parishes. If you would like more information about CSE, please contact Morgan Daniels, Marketing Communications Specialist, at 337.562.3161 or email mdaniels@csefcu.org. CSE is insured by NCUA. Membership and Eligibility required.