Tangipahoa Parish Teachers’ Credit Union filed its original charter to begin operations almost 72 years ago on August 27, 1946. At the time of its organization, the Credit Union had approximately 25 members and had assets in the amount of $256.50. The field of membership included employees of the Tangipahoa Parish School Board and their immediate family members. The minimum deposit to become a member was $0.25.
Mr. Jack Lanier is considered to be the founder of the Credit Union. He served on the Board of Directors from 1946-1978. Some of the original board members include Mrs. Electa Bahm, Mrs. Helen Bankston, Mrs. Alice Bickford, Mrs. Helen Brumfield, Mr. L.C. Catha, Mr. Jack Lanier, Mrs. Evelyn Courtney, Mr. L.H. Martin, Mrs. Sadie McMichael, Mrs. Heloise Raacke, Mrs. Melva Walker, Mrs. Dixie Woodall, Mrs. Amy Morgan, and Mr. W.E. Walker. Mr. W. E. Walker was the first President of the Credit Union. He served from 1946-1956. After Mr. Walker’s term expired, Mr. Jack Lanier was elected President. He served as the Credit Union’s President from 1957-1976 or nineteen years.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154