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MISSISSIPPI HIGHWAY SAFTY PAT FEDERAL CREDIT UNION

Jun, 30, 2024 — MISSISSIPPI HIGHWAY SAFTY PAT FEDERAL CREDIT UNION is a federal credit union headquartered in JACKSON, MS with 2 branch locations and about $12.47 million in total assets. Opened 61 years ago in 1964, MISSISSIPPI HIGHWAY SAFTY PAT FEDERAL CREDIT UNION has about 1,389 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MISSISSIPPI HIGHWAY SAFTY PAT FEDERAL CREDIT UNION
Address:
(Main Office)
1900 E Woodrow Wilson Ave Ste 204
JACKSON, MS 39216-5118
Phone:(601) 987-1290
Fax:(601) 987-1294
Website:https://www.mhspfcu.com
Branches:2 branch locations
Members:1,389
Credit Union Type:Federal Credit Union
Charter Number:16327
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1964
Last Audited:May 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$12,466,286
CEO/Manager:Tracy Burleigh
Chairperson:Steven C Bane

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 629,096
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 733,183
 Other Loans 5,508,619
 TOTAL LOANS 6,241,802
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -17,685
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 98,109
 All Other Assets 0
  TOTAL ASSETS 12,466,286
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 59,415
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 724,274
 Regular shares 8,244,725
 All Other Shares & Deposits 588,217
  TOTAL SHARES & DEPOSITS 9,557,216
  TOTAL LIABILITIES 9,616,631
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,849,655
  TOTAL EQUITY 2,849,655
  TOTAL LIABILITIES, SHARES, & EQUITY 12,466,286
INCOME & EXPENSE  
 Loan Income 261,100
 Investment Income 62,406
 Other Income 21,778
 Total Employee Compensation & Benefits 131,188
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 129,492
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 11,560
 Cost of Funds 11,865
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 87,777
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