Carter Credit Union
Financial ServicesLouisiana, United States51-200 Employees
Carter Credit Union operates in the financial services industry and is headquartered in Shreveport, Louisiana, with between 51 and 200 employees. Its origins date to 1954 when Floyd Carter chartered the credit union to serve International Paper Company employees in Springhill, Louisiana, aiming to provide safe borrowing and saving based on the principle of people helping people. The credit union operated on-site at International Paper until 1979, after which growth followed with new locations in Shreveport, Mansfield, and Monroe, Louisiana, and later Magnolia, Arkansas, through mergers. In 2005, the board recruited James P. Gibson as President and CEO; under his leadership, Carter Federal experienced growth, doubling its asset size in five years, before Gibson retired in 2014 and Joe Arnold became President and CEO. The organization is noted for carrying the founder’s name, a unique attribute among U.S. credit unions.