Membership Eligibility

You are eligible to join Firestone Lake Charles FCU if you meet one of the following criteria:

  • You or an immediate family member are employed by one of our Select Employee Groups (SEGs).
  • Employees of Firestone Lake Charles FCU.
  • Spouses of persons who died while in the field of membership of this credit union.
  • Persons retired as pensioners or annuitants from the SEGs and organizations of such persons.

If you meet any one of the above listed criteria and have any questions or concerns regarding membership at Firestone Lake Charles FCU, please contact us at (337) 625-7020 or e-mail your question to

What is a credit union?

A credit union is a not-for-profit, cooperative financial institution that is owned and controlled by the people who use its services – credit union members. Credit unions are for everyone, but not everyone can belong to a given credit union. Members of credit unions share a common bond, such as being employed at the same workplace, belonging to the same church or fraternal organization, or living in the same area. Some credit unions serve several employee groups.

Credit unions exist solely to serve their members. While banks and other financial institutions must make a profit for their shareholders, credit unions return their profits to members in the form of dividends on savings, low rates on loans, and new or improved services. In addition, the not-for-profit status of credit unions enables them to operate at a lower cost than many for-profit institutions, which helps them to offer competitive loan and savings rates to you, the member.

Are credit unions regulated?

Credit unions, like other financial institutions, are closely regulated. The National Credit Union Share Insurance Fund (NCUSIF), administered by the National Credit Union Administration (NCUA), an independent agency of the federal government, insures deposits of credit union members for up to $250,000.