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CITIZENS CHOICE FEDERAL CREDIT UNION

Sep, 30, 2025 — CITIZENS CHOICE FEDERAL CREDIT UNION is a federal credit union headquartered in NATCHEZ, MS with 1 branch location and about $769,332 in total assets. Opened 60 years ago in 1966, CITIZENS CHOICE FEDERAL CREDIT UNION has about 365 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:CITIZENS CHOICE FEDERAL CREDIT UNION
Address:
(Main Office)
101 Saint Catherine St
NATCHEZ, MS 39120
Phone:(601) 442-5888
Fax:(601) 442-5857
Website:https://www.citizenschoicefederal.com/
Branches:1 branch locations
Members:365
Credit Union Type:Federal Credit Union
Charter Number:17715
Membership Type:Multiple common bond - Primarily federal, state, local government
Corporate Credit Union:No
Year Opened:1966
Last Audited:Jul 01, 2025
FHLB Member:No
Low Income Designation:No
Assets:$769,332
CEO/Manager:Patricia D Smith
Chairperson:Charles Mock

Call Report

  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 269,563
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 191,987
 Other Loans 177,433
 TOTAL LOANS 369,420
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -2,248
 Land And Building 111,753
 Other Fixed Assets 272
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 8,381
 All Other Assets 0
  TOTAL ASSETS 769,332
LIABILITIES & CAPITAL:  
 Dividends Payable 1,208
 Notes & Interest Payable 50,000
 Accounts Payable & Other Liabilities 6,020
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 677,782
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 677,782
  TOTAL LIABILITIES 735,010
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 34,322
  TOTAL EQUITY 34,322
  TOTAL LIABILITIES, SHARES, & EQUITY 769,332
INCOME & EXPENSE  
 Loan Income 35,186
 Investment Income 8,036
 Other Income 8,995
 Total Employee Compensation & Benefits 30,291
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 35,165
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 1,448
 Cost of Funds 4,306
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -18,993
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