Dec, 31, 2023 — MISSISSIPPI NATIONAL GUARD FEDERAL CREDIT UNION is a federal credit union headquartered in JACKSON, MS with 1 branch location and about $40.37 million in total assets. Opened 62 years ago in 1962, MISSISSIPPI NATIONAL GUARD FEDERAL CREDIT UNION has about 2,727 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | MISSISSIPPI NATIONAL GUARD FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | 142 Military Dr JACKSON, MS 39232-8861 |
Phone: | (601) 932-5194 |
Fax: | (601) 932-8696 |
Website: | https://www.msng.org |
Branches: | 1 branch locations |
Members: | 2,727 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 14805 |
---|---|
Membership Type: | Federal, State, Local Government |
Corporate Credit Union: | No |
Year Opened: | 1962 |
Last Audited: | Feb 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $40,366,101 |
CEO/Manager: | Vickie Bourne |
Chairperson: | Lynn E Cole |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 3,949,488 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 4,646,765 |
Other Loans | 29,066,081 |
TOTAL LOANS | 33,712,846 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -468,512 |
Land And Building | 16,414 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 292,877 |
All Other Assets | 0 |
TOTAL ASSETS | 40,366,101 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | -18,524 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 3,961,269 |
Regular shares | 14,209,780 |
All Other Shares & Deposits | 19,454,645 |
TOTAL SHARES & DEPOSITS | 37,625,694 |
TOTAL LIABILITIES | 37,607,170 |
Regular Reserve | 0 |
Other Reserves | 0 |
Undivided Earnings | 2,758,931 |
TOTAL EQUITY | 2,758,931 |
TOTAL LIABILITIES, SHARES, & EQUITY | 40,366,101 |
INCOME & EXPENSE | |
Loan Income | 1,662,427 |
Investment Income | 119,699 |
Other Income | 475,869 |
Total Employee Compensation & Benefits | 509,051 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 785,824 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 191,355 |
Cost of Funds | 716,845 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 54,920 |
↑ Back to Top |