In 1906, virtually all transactions were made with silver coinage, since paper money, or greenbacks, was not the medium of exchange favored by the general public, especially in the Sunset area. This presented a problem to the local business community, as the old banks that supplied the silver coinage on which the Sunset economy was so dependent were located in New Orleans or Opelousas.
Section 705 Federal Credit Union is a not-for-profit financial institution. Profit made goes back to our members through lower interest rates on loans, fewer fees, and free to low cost financial products and services. Our financial products include, but are not limited to: Savings Accounts Share Certificates IRA Accounts Checking Accounts Loans: Auto, Beginner, Boat, Camper, Line of Credit, Mortgage, Motorcycle, Personal, Recreational Vehicle, VISA Credit Cards, and Share Secure Loans E-Products: Online Banking, Mobile Banking, E-Statements, Bill Pay, and My $ Planner CO-OP Shared Branching Participant: Over 5,000 locations all over the U.S.! Equal Opportunity Lender. Federally Insured by NCUA.
