Our story

Ascension Credit Union is Ascension Parish’s only Community Financial Institution dedicated to serving Ascension Parish Residents! Structured as a financial cooperative, the credit union is owned and operated entirely by its membership - by the people of Ascension Parish.

BEST OF ASCENSION: For the eighth year in a row (2017- 2024), Ascension Credit Union was voted BEST CREDIT UNION, BEST MORTGAGE LENDER, and BEST PERSONAL LENDER and BEST CUSTOMER SERVICE for three years and a finalist for BEST PLACE TO WORK of all Ascension Parish businesses!

It should come as no surprise, the Ascension Credit Union is Ascension Parishes leading supporter of our law enforcers, veterans, teachers, students, and our mature citizens and businesses, Ascension Credit Union has been and will continue to serve as the only locally owned financial institution offering essential banking services and actively contributing to the social and economic well-being of the area. The Credit Union promotes its mission to build valuable relationships by exceeding members’ expectations and knowledge through quality member service and commitment to members’ financial futures. At Ascension Credit Union, we want you to know we are a part of YOUR COMMUNITY and we are YOUR CREDIT UNION!

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Ascension CU is accredited by the Better Business Bureau
 
 

  • Brief History

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    • • 1974: Chartered Ascension School Employees Credit Union – Serving only APSB employees.
    • • 1986: Moved to existing location; 2430 S. Burnside Ave.
    • • 1992: Built existing Main Office building.
    • • 2008: Became Ascension CU; expanded membership to Ascension Parish residents
    • • 2017: Major Main Office renovation.
    • • 2019: Expanded membership to “Live, Work or Worship” in Ascension Parish
    • • 2022: Opened Donaldsonville Branch
    • • 2023: Opened Prairieville Location and the Ascension Small Business Center
    • • 2024: Celebrated the Credit Unino's Golden Jubilee 50th Anniversary

Our Staff

  • Leadership Team

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    Name Position Contact Number
    Lloyd Cockerham President / CEO 225-314-9221
    Stefanie Lux EVP/COO/CFO 225-314-9248
    Lee Melancon Chief Experience Office 225-468-5403
    Sharlene Begnaud SR. VP - Project Manager 225-314-9278
    Wendy Bourque VP of Administration 225-314-9244
    Thomas Mitchell VP of Information Security 225-314-9300
    Laura Wendt VP Accounting/Deposit Operations 225-314-9232
    Heidi Wheat VP of Lending 225-314-9228
    Danielle Lennix VP/Member Experience Manager/Donaldsonville 225-752-1209
    Ashley Melancon Branch Manager/Gonzales 225-314-9245
    Edward Tanielu Branch Manager/Prairieville 225-468-5416

What’s the CU Difference

  • WHAT’S THE DIFFERENCE BETWEEN A CREDIT UNION AND A BANK?

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    Credit Union versus bank difference chart at Ascension Credit Union

    Ascension Credit Union Banks
    Not-for-profit financial institution offering a full range of financial products and services. For-profit corporations which offer a full range of financial products and services.
    Earnings are returned to members through services like free ATMs, better rates and lower fees. Earnings go to stockholders in the form of dividends.
    Insured by NCUA up to $250,000. Insured by FDIC up to $250,000.
    Ascension Credit Union is democratically governed and elections are based on a one-member, one-vote philosophy. Banks are governed by paid shareholders. Voting rights depend on the number of shares owned.
    Convenient access to more than 5,600 branch locations from coast to coast Banks require customers to use their branches for services or pay fees. Some services are unavailable outside the bank.
    Ascension Credit Union is a local, community based financial institutions. Members support their local communities when they bank at a credit union. Banks are big! The average size of a bank is double that of a credit union.
    Ascension Credit Union has members, not shareholders. Banks have customers and shareholders. They must make money from their customers to please shareholders.

    Learn more about Ascension Credit Union

Who Can Join?

  • You Can Join If You

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    Joining Ascension Credit Union couldn't be easier! If you want access to the best rates, great products, outstanding solutions and excellent member service, open a Share Account and become a member. It's simple, just bring in two current forms of identification (Driver's License, Social Security card, etc.), fill out a membership application at the credit union today.

    • • Live, work or worship in Ascension Parish;
    • • An Ascension Parish School Board employee, retiree, or student; or
    • • An immediate family member of a current member

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