Sep, 30, 2025 — FIRST NESHOBA FEDERAL CREDIT UNION is a federal credit union headquartered in PHILADELPHIA, MS with 1 branch location and about $23.57 million in total assets. Opened 62 years ago in 1964, FIRST NESHOBA FEDERAL CREDIT UNION has about 3,900 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | FIRST NESHOBA FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 547 E Main St PHILADELPHIA, MS 39350-2429 |
| Phone: | (601) 656-1183 |
| Fax: | (601) 656-9700 |
| Website: | https://www.fnfcu.org |
| Branches: | 1 branch locations |
| Members: | 3,900 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 16435 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1964 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $23,568,244 |
| CEO/Manager: | Jason Martin |
| Chairperson: | Harvin Hudson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,433,885 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 1,235,021 |
| Other Loans | 7,397,017 |
| TOTAL LOANS | 8,632,038 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -121,200 |
| Land And Building | 81,111 |
| Other Fixed Assets | 9,551 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 197,394 |
| All Other Assets | 0 |
| TOTAL ASSETS | 23,568,244 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 9,650 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 107,389 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 5,637,761 |
| Regular shares | 14,424,188 |
| All Other Shares & Deposits | 393,026 |
| TOTAL SHARES & DEPOSITS | 20,454,975 |
| TOTAL LIABILITIES | 20,572,014 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 2,996,230 |
| TOTAL EQUITY | 2,996,230 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 23,568,244 |
| INCOME & EXPENSE | |
| Loan Income | 385,154 |
| Investment Income | 384,642 |
| Other Income | 143,650 |
| Total Employee Compensation & Benefits | 371,456 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 250,560 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 20,000 |
| Cost of Funds | 28,190 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 258,986 |
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