April 1, 2024

Dear Member,

On behalf of the board of directors of Louisiana Federal Credit Union, I am pleased to share exciting news. We have received regulatory approval to pursue a merger with OnPath Federal Credit Union.

Louisiana FCU’s board of directors and leadership team support this merger. However, the final decision is up to you. You are being asked to vote on a proposal for a merger with OnPath Federal Credit Union, a credit union with branches throughout the Greater New Orleans area and headquartered in Metairie.

Unlike bank mergers that are designed to make money for stockholders, this merger represents a partnership between two local credit unions that are committed to members and the communities they serve. Additionally, the combined organization would be better positioned to expand its product, service, branch network, and technology offerings in a financial services sector that is constantly evolving.

Your vote is very important, and a merger between Louisiana FCU and OnPath FCU must have the approval of a majority of members of the credit union voting on the proposal. Along with this letter, you will find a Notice of Special Meeting, and a ballot to cast your vote and/or instructions to vote electronically. Should you require additional information, please direct questions to our attention at feedback@LouisianaFCU.org.

We recommend that you vote to “APPROVE” the proposed merger with OnPath Federal Credit Union. To be counted, your ballot must reach us by the date and time announced for the meeting and noted on the enclosed ballot.

We greatly appreciate your membership and thank you for your support.


Gregory Maurin
Board Chair
Louisiana Federal Credit Union