Select Page
Start Video Call

News and Events

Living Better at Centric is Rewarding, find out how!

JACO Federal Credit Union Merges with Centric Federal Credit Union

Ruston, Louisiana, November 12, 2021 – JACO Federal Credit Union announces a merger with Centric Federal Credit Union. The members of JACO overwhelmingly approved at their recent annual meeting, the recommendation by its Board of Directors to become a part of Centric Federal Credit Union.

“It was important to find a partner that shared the service culture of JACO,” states Tommy Folk, JACO President. “Centric was selected because they align the closest with the values, ethics and principles of JACO and our membership.”  

The merger was approved by the National Credit Union Administration (NCUA) on August 31, 2021. The membership vote was held at JACO’s Annual Meeting on November 4, 2021, with a completion date of November 30, 2021.

“Centric is committed to continuing the legacy of service built at JACO,” said Chris Craighead, CEO of Centric. “The baton of service has been passed and we know the level of commitment it represents for the members of JACO, and we are excited to provide its members with our technology, services and financial education as we seek to help them Live Better.”

The combined credit unions will serve over 34,000 members with $282 million in assets and 100 employees. Centric has six service centers in Ruston, West Monroe, and Monroe.


About JACO Federal Credit Union

JACO Federal Credit Union was established in 1961 in Ruston, LA, to serve the employees of T. L. James Companies. JACO is a locally owned financial cooperative in North Central Louisiana serving over 1,700 members with $12 million in assets. It currently serves 65 sponsoring employee groups.


Centric FCU Announces Retirement of Longtime Leader Joleen Martin

West Monroe, Louisiana, September 30, 2021- Centric Federal Credit Union is pleased to announce the retirement of Joleen Martin, following 49 years of service.

Joleen began her career at Centric in 1972 as an Accounting Clerk and progressed throughout the years to the Executive Team as Senior Vice President/Chief Operations Officer.  She is a CCUFC, through the CUNA FiCEP Program.  She has participated in numerous professional development programs over her career and is a graduate of the NAFCU Management Develop Institute.  She served as an officer for the Louisiana Credit Union League’s Monroe Chapter for many years.  Joleen was recently inducted into the Louisiana Credit Union Hall of Fame.

“Our Board of Directors would like to congratulate Joleen on her retirement.  It is unusual to have someone from hire to retire,” states Joe Phillips Centric FCU Board Chairman.   “Since joining Centric, Joleen’s main focus has been improving the lives of our members.  She has impacted many people and families over her career and leaves a tremendous history of leadership, service and commitment.”

“Joleen endured a very challenging time in her life during the last year with her family.  I think her legacy was defined on how she finished,” shared Centric’s CEO, Chris Craighead.  “It was something for our team to witness how she persevered through a difficult time and finished well.  What a legacy!”

She plans to spend time with family, travel to see grandkids, and working on her green thumb.  Martin will continue to be part of the Centric Family in her new role as a member of the Centric Board of Directors.

Rodney Parker Named President of Centric Federal Credit Union

West Monroe, Louisiana, July 26,2021- Centric Federal Credit Union is pleased to announce the recent appointment of Rodney Parker to President of Centric.

“Rodney has played a key role in leading Centric’s exceptional growth over the past decade. Our growth and performance have been outstanding during some very challenging times,” said Chris Craighead, CEO of Centric.

Since 2011, Rodney held the title of Chief Financial Officer at Centric. Rodney is a graduate of ULM with a Bachelor of Science degree in Accounting and the Southeast CUNA Management School at the University of Georgia. He also earned a Master of Business Administration from the Neeley School of Business at Texas Christian University and is a Certified Public Accountant.

Lauren Ferguson Named Assistant Vice President of Compliance

West Monroe, Louisiana, July 12, 2021- Centric Federal Credit Union is pleased to announce the recent promotion of Lauren Ferguson to Assistant Vice President of Compliance at Centric.

Lauren has been with Centric since 2006 and has most recently held the title of Compliance Officer. Lauren is a NAFCU Certified Compliance Officer, as well as a Certified Bank Secrecy Officer.



Update to previous notice, date and time of event changed.

Please join us for a Business Meeting, Thursday, April 8th, 2021 at 5 PM at the West Monroe Convention Center. Due to COVID-19 restrictions, refreshments and giveaways will not be provided this year and seating is limited.

As mandated by Gov. John Bel Edwards, masks are required for attendance.



Dear Credit Union Members,

The Annual Business Meeting of Centric Federal Credit Union will be held at the West Monroe Convention Center, on April 8th, 2021, West Monroe, Louisiana at 5:00 PM. We hope you can attend the Annual Business Meeting and Election.

In accordance with the Credit Union’s Bylaws, the Secretary hereby submits the following Annual Election Notice:

There are two (2) terms expiring on the Board of Directors. The Nominating Committee, appointed by the Chairman of the Board of Directors, has nominated one member for each board position to be filled. The following two incumbent Directors have been re-nominated for election to three-year terms by the Nominating Committee:

Joe Phillips
Jackie Green

A brief statement of qualifications and biographical data for each of the nominees is included with this notice.

Nominations for vacancies may also be made by petition. An election will not be conducted by ballot and there will be no nominations from the floor when there is only one nominee for each position to be filled. Any member who wants to submit a nomination by petition must obtain a Petition Form and the Petition Rules available at the Credit Union Administrative Office. When returned, the petition must be signed by one percent of the membership.

As of November 30, 2020, the Credit Union had 29,798 members and therefore the Nomination Petition must be signed by at least 298 Credit Union members. Each Nominee by Petition shall submit a Statement of Qualifications and Biographical Data and a signed Certificate from the Nominee stating they are agreeable to nomination and will serve, if elected to office, with the Petition. All petitions must be returned to the Secretary of the Board of Directors at the Credit Union Administrative Office located at 213 Expo Circle, West Monroe, LA 71292, by Friday, February 26, 2021, which is the closing date for receiving nominations by petition. Elected officials are legally responsible for the fiscal integrity of the Credit Union and for compliance with state and federal laws.

At the Annual Business Meeting on April 8, 2021 all persons nominated by either the Nominating Committee or by Petition shall be placed before the Members for a vote. When nominations are closed, tellers will be appointed by the Chair and ballots will be distributed. The vote will be taken and tallied by the Tellers of Election and the results announced. The election will be determined by plurality vote and will be by ballot except when there is only one nominee for each position to be filled. Nominations cannot be made from the floor unless insufficient nominations have been made by the Nominating Committee or by petition to provide for one Nominee for each position to be filled or circumstances prevent the candidacy of one of the nominees for the position to be filled. Only those positions without a nominee are subject to nominations from the floor. The results of the Annual Election will be announced at the Annual Business Meeting.

Willie Woodard
Nominating Committee Chair
Centric Federal Credit Union
November 19, 2020


2020 Nominated Board of Directors

Joe Phillips
Joe is currently the Chairman of the Centric Board of Directors. He retired from Graphic Packaging as a Power and Recovery Engineer in 2005 after completing 45 years of service. He began his credit union service in 1973 as a member of the Credit Committee. Joe was elected to the board in 1985. Joe was honored with the 2006 “Director of the Year” award at the CU Conference National Directors Roundtable Conference in Las Vegas. Joe has served the community in several positions such as President of the local Road Runners Club, Member of McClendon Baptist Church in West Monroe, and President of the Local Union and served in the United Way Campaign.

Jackie Green
Jackie Green currently serves as the Vice Chairman of the Centric Board of Directors and has served on the board for the past 24 years. Jackie retired from Glenwood Regional Medical Center as Risk Manager. He is very active in our community through many organizations such as the West Monroe-West Ouachita Chamber of Commerce, United Way, Life Share Blood Center, Auxiliary Police, WM Beautification Board and Antique Alley.


Centric Federal Credit Union Launches Personalized Financial Education Tool for students at Louisiana Delta Community College.


Centric Federal Credit Union today announced the introduction of a new mobile-first, financial education resource to help Louisiana Delta students build financial health and confidence for themselves and their families. Live Better is made available, free of charge, through Centric Federal Credit Union’s relationship with the leader in financial wellness technology solutions, EVERFI, Inc.

Live Better offers a robust library of learning topics around important personal financial education concepts including budgeting, investing, homeownership, retirement planning, and more. The interactive financial education platform is designed to provide students with the tools and personalized knowledge necessary to make informed just-in-time financial decisions.

“Centric believes the power of teaching students today is an investment in tomorrow’s leaders,” said Rodney Parker, Executive Vice President/CFO at Centric Federal Credit Union. “Partnering with Louisiana Delta Community College was an ideal way to achieve this in a time of extreme uncertainty. Centric is grateful for the college’s partnership in launching the Live Better program and EVERFI’s support in providing students financial education to make a difference for many in our community.”

A recent EVERFI study found that 78 percent of adults wish they had more information readily available when making financial decisions1. From opening a credit card to taking out a student loan, buying a home or saving for retirement, most adults feel unprepared to make large financial decisions without additional information. Through Live Better, users are guided through interactive exercises that allow them to practice making financial decisions most relevant to them in a fail-safe environment. Each topic area offers a 3-6 minute module designed to enable users to apply what they have learned to their personal financial goals. The mobile-first design is available on all internet-enabled devices so that learners can access it anytime, anywhere.

“Understanding your finances and making sound financial decisions is key to a strong future, but many people don’t know where to turn to get the information they need in a way that is easily digestible and understandable,” said EVERFI Co-Founder and President of Financial Education, Ray Martinez. “This program is a testimony to EVERFI’s commitment to providing financial education to learners of all ages and we commend Centric Federal Credit Union for making this commitment to educate local students, allowing them to take control of their financial health.”


About Centric Federal Credit Union

Established in 1937 in West Monroe, LA, Centric Federal Credit Union has grown to be a large locally owned financial cooperative in North Louisiana serving over 25,000 members with over $200 million in assets. Our mission is to help our members live better. Over the years, the credit union has expanded into opening 6 centers throughout Ouachita and Lincoln parishes. Centric has continued to strive to give its members the best service possible which is why Live Better, a financial wellness community outreach program, was launched in 2016. Live Better has been successful in educating members and employees of local businesses on important financial issues helping the community to borrow, save and earn better. Centric is honored to partner with Louisiana Delta Community College, serving as a financial cooperative for students and employees.


About EVERFI, Inc.

EVERFI is an international technology company driving social change through education to address the most challenging issues affecting society ranging from financial wellness to prescription drug safety to workplace conduct and other critical topics. Founded in 2008, EVERFI is fueled by its Software-as-a-Service (SaaS) community engagement platform and has reached more than 30 million learners globally. EVERFI powers community engagement in a sustained manner to empower individuals and organizations to make an impact within their communities.

The Company also convenes Networks to bring together financial institutions, colleges and universities, and some of the largest corporations to leverage insights and connections to drive impact. Some of America’s leading CEOs and venture capital firms are EVERFI investors including Amazon founder and CEO Jeff Bezos, Google Chairman Eric Schmidt, Twitter founder Evan Williams, Advance Publications, Rethink Education, and Rethink Impact. To learn more about EVERFI visit everfi.com or follow us on Facebook, Instagram, LinkedIn, or Twitter @EVERFI.



2020-21 Holiday Schedule

New Year’s Day, Jan 1 – Closed
MLK Jr. Day, Jan 18 – Closed
President’s. Day, Feb 15 – Closed
Good Friday, April 2 – Closed
Memorial Day, May 31 – Closed
Independence Day, July 5 – Closed
Labor Day, Sept 6 – Closed
Columbus Day, Oct 11 – Closed
Veterans Day, Nov 11 – Closed
Thanksgiving Day, Nov 25 – Closed
Day After Thanksgiving Day, Nov 26 – Closing at 2:00 p.m.
Christmas, Dec 24 & 25 – Closed
New Year’s, Dec 31 & Jan 1 – Closed


Ask our members how rewarding living better at Centric can be.

Check out member testimonials on their experience with Centric. Members share how banking at Centric has been rewarding and helped them live better

business banking testimonial photo
business banking testimonial photo
business banking testimonial photo
business banking testimonial photo
business banking testimonial photo

Become A Member

Become a Member >

Print | Share | Questions

Skip to content