Credit Unions Near Me
National Credit Union Service Organization

JACKSON AREA FEDERAL CREDIT UNION (JAFCU)

Dec, 31, 2023 — JACKSON AREA FEDERAL CREDIT UNION (JAFCU) is a federal credit union headquartered in JACKSON, MS with 3 branch locations and about $130.19 million in total assets. Opened 71 years ago in 1953, JACKSON AREA FEDERAL CREDIT UNION (JAFCU) has about 14,744 members and employs 32 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:JACKSON AREA FEDERAL CREDIT UNION
Address:
(Main Office)
5675 Highway 18 W
JACKSON, MS 39209
Phone:(601) 922-7055
Fax:(601) 922-3057
Website:https://www.jacksonareafcu.com
Branches:3 branch locations
Members:14,744
Credit Union Type:Federal Credit Union
Charter Number:8445
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1953
Last Audited:Dec 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$130,193,581
CEO/Manager:Leigh J Bridges
Chairperson:John Anderson

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 70,369,216
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 375,200
 Unsecured Loans 7,379,109
 Other Loans 37,186,711
 TOTAL LOANS 44,941,020
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -313,698
 Land And Building 2,521,268
 Other Fixed Assets 492,330
 NCUSIF Deposit 1,041,787
 All Other Assets 86,993
  TOTAL ASSETS 130,193,581
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 344,272
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 13,626,567
 Regular shares 62,372,355
 All Other Shares & Deposits 41,114,828
  TOTAL SHARES & DEPOSITS 117,113,750
  TOTAL LIABILITIES 117,458,022
 Regular Reserve 0
 Other Reserves 1,337,648
 Undivided Earnings 11,397,911
  TOTAL EQUITY 12,735,559
  TOTAL LIABILITIES, SHARES, & EQUITY 130,193,581
INCOME & EXPENSE  
 Loan Income 3,145,445
 Investment Income 435,924
 Other Income 2,358,968
 Total Employee Compensation & Benefits 2,043,164
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,095,978
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 233,873
 Cost of Funds 1,217,767
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 663,827
↑ Back to Top

Other Credit Unions

JPFCE FEDERAL CREDIT UNION
600 E McDowell Rd
JACKSON, MS 39204
MISSISSIPPI DHS FEDERAL CREDIT UNION
767 N PRESIDENT ST
JACKSON, MS 39202
TREASURY EMPLOYEES FEDERAL CREDIT UNION
100 W Capitol St Ste 1059
JACKSON, MS 39269
MISSISSIPPI PUBLIC EMPLOYEES CREDIT UNION
613 S West St
JACKSON, MS 39201-5506
COMMFIRST FEDERAL CREDIT UNION
1151 N State St, Suite 104
JACKSON, MS 39202-2407
HEALTHPLUS FEDERAL CREDIT UNION
500H E WOODROW WILSON Ave
JACKSON, MS 39216-4538
MISSISSIPPI HIGHWAY SAFTY PAT FEDERAL CREDIT UNION
1900 E Woodrow Wilson Ave Ste 204
JACKSON, MS 39216-5118
EAGLE EXPRESS FEDERAL CREDIT UNION
567 S State St
JACKSON, MS 39201
MISSISSIPPI FEDERAL CREDIT UNION
2500 N STATE ST
JACKSON, MS 39216
RIVERTRUST FEDERAL CREDIT UNION
409 Riverwind Dr
PEARL, MS 39208-5917