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ISSAQUENA COUNTY FEDERAL CREDIT UNION

Jun, 30, 2021 — ISSAQUENA COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in MAYERSVILLE, MS with 1 branch location and about $1.22 million in total assets. Opened 52 years ago in 1969, ISSAQUENA COUNTY FEDERAL CREDIT UNION has about 477 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
Address:
(Main Office)
PO BOX 87
MAYERSVILLE, MS 39113
Phone:(662) 873-4393
Fax:
Website:n/a
Branches:1 branch locations
Members:477
Credit Union Type:Federal Credit Union
Charter Number:19253
Membership Type:Community credit unions, urban or rural, other than those designated 'low income'
Corporate Credit Union:No
Year Opened:1969
Last Audited:Jun 01, 2021
FHLB Member:No
Low Income Designation:No
Assets:$1,215,610
CEO/Manager:Ruth Ann Evans, Ed.S.
Chairperson:Willie M Jones

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 426,359
TOTAL INVESTMENTS 489,114
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 0
 Other Loans 298,446
 TOTAL LOANS 298,446
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -14,399
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 11,202
 All Other Assets 4,888
  TOTAL ASSETS 1,215,610
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 27,514
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,013,508
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,013,508
  TOTAL LIABILITIES 1,041,022
 Regular Reserve 20,503
 Other Reserves 0
 Undivided Earnings 154,085
  TOTAL EQUITY 174,588
  TOTAL LIABILITIES, SHARES, & EQUITY 1,215,610
INCOME & EXPENSE  
 Loan Income 20,092
 Investment Income 2,190
 Other Income 1,311
 Total Employee Compensation & Benefits 19,608
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 13,376
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 0
 Cost of Funds 0
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -7,621
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