METAIRIE, LA – January 6, 2025 – OnPath Credit Union, a Louisiana-grown financial cooperative with deep roots in serving working families, is proud to announce its expansion into Lafayette with nearly one acre of land along Camellia Boulevard near River Ranch. This strategic investment represents OnPath’s commitment to becoming an active and valued partner in the Heart of Acadiana.
OnPath’s story began in 1961 at Avondale Shipyards, where it was founded to serve blue-collar workers who built the ships that powered America’s economy. For more than six decades, the credit union has stayed true to its mission of putting people over profits, growing from a small workplace credit union to serve nearly 90,000 members across Southeast Louisiana with over $1.1 billion in assets.
“Lafayette has a rich financial services community with deep local roots,” said Jared Freeman, President and CEO of OnPath Credit Union. “Our mission has always been about expanding access to fair, affordable financial services for working families. Lafayette’s vibrant economy, strong sense of community, and rich cultural heritage align perfectly with our values.”
OnPath’s approach to banking reflects values that resonate deeply in Acadiana: community first, fair treatment, and standing by members during difficult times. When Hurricane Ida devastated Southeast Louisiana in 2021, OnPath immediately granted $2,000 loans to five thousand members at just one percent interest in a single week, regardless of credit scores, and waived all fees for two months. “When our members face challenges, we work to find solutions. That’s the credit union difference,” Freeman explained.
The location at Camellia Boulevard and Verot School Road positions OnPath to serve the growing River Ranch area while remaining accessible to families throughout Lafayette Parish. The credit union invites Lafayette residents, business owners, and community leaders to engage in dialogue as the organization establishes its presence in Acadiana. ” We are here to listen and learn from the Lafayette community so that we can offer the most meaningful support possible,” Freeman emphasized. “This community has a special spirit, a unique culture, and a strong foundation. We want to be good neighbors and trusted partners as Lafayette continues to grow and thrive.”
Beyond traditional banking services, OnPath brings a track record of community investment through the OnPath Foundation, which supports education, homeownership assistance, and entrepreneurship programs designed to build generational wealth in the communities it serves. “Lafayette’s strong tradition of mutual support and community care aligns perfectly with our foundation’s mission,” Freeman said. “We’re excited to learn about the specific needs of Lafayette families and find ways to contribute meaningfully to the community’s continued success.”
Membership in OnPath Credit Union is available to anyone who lives, works, worships, or attends school in Southeast Louisiana, including all Lafayette Parish residents.