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MISSISSIPPI HIGHWAY SAFTY PAT FEDERAL CREDIT UNION

Mar, 31, 2022 — MISSISSIPPI HIGHWAY SAFTY PAT FEDERAL CREDIT UNION is a federal credit union headquartered in JACKSON, MS with 2 branch locations and about $12.57 million in total assets. Opened 58 years ago in 1964, MISSISSIPPI HIGHWAY SAFTY PAT FEDERAL CREDIT UNION has about 1,376 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:http://www.mhspfcu.com
Branches:2 branch locations
Members:1,376
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, 2021
FHLB Member:No
Low Income Designation:No
Assets:$12,574,369
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 1,376,697
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 712,124
 Other Loans 4,826,240
 TOTAL LOANS 5,538,364
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -18,033
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 90,997
 All Other Assets 0
  TOTAL ASSETS 12,574,369
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 72,168
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 727,347
 Regular shares 8,399,589
 All Other Shares & Deposits 594,558
  TOTAL SHARES & DEPOSITS 9,721,494
  TOTAL LIABILITIES 9,793,662
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 2,780,707
  TOTAL EQUITY 2,780,707
  TOTAL LIABILITIES, SHARES, & EQUITY 12,574,369
INCOME & EXPENSE  
 Loan Income 83,909
 Investment Income 19,788
 Other Income 6,227
 Total Employee Compensation & Benefits 42,931
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 41,479
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 11,411
 Cost of Funds 3,994
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 18,828
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