Location: 1555 Poydras Street, STE 250     Phone: (504) 523-3756

Loan Products



New Auto Loan

Need a new car? You've come to the right place with the best rates in town! We will finance new autos up to 84 months with 100% financing (including tax, title, license, warranty and gap insurance). As this loan type falls under our ''Managed Credit'' policy, the interest rate you will be charged on this loan will be determined by your credit score with the credit bureaus.

Used Auto Loan

Interested in a used vehicle instead? We've got those covered, too! The credit union will finance used vehicles (vehicle must be four years old or less) up to 72 months and will include tax, title, license, warranty and gap insurance, as long as the total does not exceed the NADA Blue Book value of the vehicle! As this loan type falls under our ''Managed Credit'' policy, the interest rate you will be charged on this loan will be determined by your credit score with the credit bureaus.

Share Pledged Loans

A Share Pledged Loan is a loan that a member makes using his or her shares as collateral for the loan. Shares deposited secure the loan and are pledged either by the primary owner who is the borrower or the joint owner who is the borrower.

A+ Loan

Have you worked hard to have good credit? Then come and get a good grade from your credit union! Our A+ loan is available for our members who have "A+" credit. The A+ loan has a maximum loan amount of $20,000 at a lower rate than our regular unsecured loan rate. Each consumer is assigned a "BEACON score" by Equifax, a national credit bureau. Those members with a beacon score of 720 and higher are part of our "A+" range. This loan is for you if you fall into this category.

Personal Closed End Loans

Need to consolidate some bills? Pay off that high interest rate credit card? Book that fabulous cruise you always wanted to go on? Then we have just what you need...a personal, closed end loan. You may borrow up to $10,000 with a maximum repayment period of 60 months. As this loan type falls under our ''Managed Credit'' policy, the interest rate you will be charged on this loan will be determined by your credit score with the credit bureaus.

New and Used Boat Loans

What would be a better way to spend a warm summer evening in New Orleans than to spend it sailing into the sunset on Lake Ponchartrain! Our new and used boat rates are set at 1% over the current new and used auto loan rates which makes it very affordable for you to purchase the boat of your dreams!

Education Loans

Avoid the long lines at school registration, waiting to be qualified for a tuition loan with a bank (with a repayment term of ten months)...We have education loans just for you! Our education loans cover not only tuition expenses, but books & supplies, uniforms, room & board, before & after school care, summer camp expenses and school transportation expenses as well. You can choose to repay this loan via payroll deduction (which is really convenient!) or monthly using coupons and mailing in your payment to the credit union.

Upon application for the education loan, you will be required to furnish proof of income and proof of the expenses you wish to have covered. Please note that the loan you take out is to cover the current school year's expenses.

Line of Credit Loans

A Line of Credit Loan is a special type of loan designed for quick disbursement and for your convenience. The loan limit is $10,000. As this loan type falls under our ''Managed Credit'' policy, the interest rate you will be charged on this loan will be determined by your credit score with the credit bureaus.

Mortgage Loans

The IRFCU will lend money for mortgages on personal, primary residences located in the states of Louisiana and Mississippi only.

Member is responsible for all costs associated with this loan.

Please call the credit union office for a detailed quote and estimate of costs!

Please call the credit union for details or for an application today!