Dec, 31, 2023 — ISSAQUENA COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in MAYERSVILLE, MS with 1 branch location and about $1.31 million in total assets. Opened 55 years ago in 1969, ISSAQUENA COUNTY FEDERAL CREDIT UNION has about 504 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | ISSAQUENA COUNTY FEDERAL CREDIT UNION |
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Address: (Main Office) | PO BOX 87 MAYERSVILLE, MS 39113 |
Phone: | (662) 873-4393 |
Fax: | |
Website: | n/a |
Branches: | 1 branch locations |
Members: | 504 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 19253 |
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Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
Corporate Credit Union: | No |
Year Opened: | 1969 |
Last Audited: | Oct 01, 2023 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $1,306,767 |
CEO/Manager: | Ruth Ann Evans, Ed.S. |
Chairperson: | Willie M Jones |
ASSETS: | $ Amount |
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Cash & Equivalents | 177,077 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 0 |
Other Loans | 584,692 |
TOTAL LOANS | 584,692 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | 31,256 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 11,975 |
All Other Assets | 0 |
TOTAL ASSETS | 1,306,767 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 15,493 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,112,609 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,112,609 |
TOTAL LIABILITIES | 1,128,102 |
Regular Reserve | 0 |
Other Reserves | 20,503 |
Undivided Earnings | 158,162 |
TOTAL EQUITY | 178,665 |
TOTAL LIABILITIES, SHARES, & EQUITY | 1,306,767 |
INCOME & EXPENSE | |
Loan Income | 77,559 |
Investment Income | 2,884 |
Other Income | 9,718 |
Total Employee Compensation & Benefits | 39,247 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 23,554 |
Non-operating Income & (Expense) | 0 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
Cost of Funds | 10,823 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 16,537 |
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