Welcome to Xplore Federal Credit Union
Xplore Federal Credit Union has been serving the community since 1947. Originally established to provide financial services to New Orleans Shell Oil Company employees, Xplore FCU became a community charter credit union in 2013. Xplore FCU serves over 8,000 members through three local branches, advanced e-services, and Co-Op Shared Branch network. Providing exceptional customer service, products for all life stages, and innovative financial solutions, Xplore FCU surpasses member expectations year after year. Xplore FCU membership is available to anyone living, working, worshipping or attending school in Orleans, Jefferson, or St. Tammany Parishes. With over 70 years of experience, Xplore FCU is the ideal partner to explore your financial possibilities.
Who We Are
We are a member owned, not-for-profit financial institution with three branches in Orleans and Jefferson Parishes. Our 45 local employees, innovative technology, and Share Branch Network enable us to provide personalized service to over 8,000 members nationwide. By focusing on building loyalty and increasing brand awareness, Xplore will continue to create an environment that educates and empowers our members to take control of their finances to create financial success.
What We Do
We strive to meet members' financial needs by way of rapid growth, innovative solutions, and a wide array of competitive products that surpasses our members expectations. We offer consumer and business savings and lending products for all life stages from school to retirement. We also value our roll in our local community, and strive to better our community through involvement with local projects, partnerships, and memberships. We give back to keep this a community where our members thrive.
Our History
Xplore Federal Credit Union opened its doors in 1947 and began providing a limited array of financial services to a handful of employees at Shell Oil Company in New Orleans. Membership expanded to include Shell employee family members in 1958. By 1961, lobby operations begin and retired employees are allowed to continue membership.
On March 23, 1970 four regional Shell Credit Unions merged into the Shell Employees Credit Union of New Orleans. The Credit Union changed its name to Shell Employees of New Orleans Federal Credit Union and moved their office to the 15th floor of One Shell Square in 1978. By 1979 they had completed the installation of an online computer system, and in 1980 additional products, Share Draft Accounts, Certificates of Deposit and IRAs are introduced, followed by installation of an expanded teller counter and payroll deduction implementation in 1981.
The next decade saw an upgrade to the computer system, addition of Visa Credit Card products, and expansion of membership to include employees of other area companies. The first mortgages were offered in 1992. The Credit Union name changed to Shell New Orleans Federal Credit Union in 1994, and Home Equity Line-of-Credit Mortgages are added to products. The field of membership grew by 30 Select Employee Groups, Visa Debit Cards are offered, and Shared Branch Opens all in 1996, followed by the Credit Union relocated to the Plaza Level of One Shell Square in 1998.
In 2000 a merger with St. Alphonsus FCU is completed, and Home Banking debuts. The lobby expanded in 2001 to include three member service representatives, and the merger of PALIC FCU was complete in 2006. The Credit Union was granted a Community Charter for Orleans and Jefferson Parishes in 2007; the same year the Credit Union opened two new branches in Jefferson Parish, 1201 & 5500 Veterans.
In 2013 the Credit Union name changed to Xplore Federal Credit Union and the next five years saw asset growth, expansion of loan products, the addition of Kasasa and Student Checking products, and implementation of Xplore Away video banking.
Experience the Xplore difference by contacting us today!