Dec, 31, 2023 — ISSAQUENA COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in MAYERSVILLE, MS with 1 branch location and about $1.31 million in total assets. Opened 55 years ago in 1969, ISSAQUENA COUNTY FEDERAL CREDIT UNION has about 504 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ISSAQUENA COUNTY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO BOX 87 MAYERSVILLE, MS 39113 |
| Phone: | (662) 873-4393 |
| Fax: | |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 504 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 19253 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1969 |
| Last Audited: | Oct 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $1,306,767 |
| CEO/Manager: | Ruth Ann Evans, Ed.S. |
| Chairperson: | Willie M Jones |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 177,077 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 0 |
| Other Loans | 584,692 |
| TOTAL LOANS | 584,692 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | 31,256 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF Deposit | 11,975 |
| All Other Assets | 0 |
| TOTAL ASSETS | 1,306,767 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 15,493 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 1,112,609 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 1,112,609 |
| TOTAL LIABILITIES | 1,128,102 |
| Regular Reserve | 0 |
| Other Reserves | 20,503 |
| Undivided Earnings | 158,162 |
| TOTAL EQUITY | 178,665 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,306,767 |
| INCOME & EXPENSE | |
| Loan Income | 77,559 |
| Investment Income | 2,884 |
| Other Income | 9,718 |
| Total Employee Compensation & Benefits | 39,247 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 23,554 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 10,823 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 16,537 |
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