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ISSAQUENA COUNTY FEDERAL CREDIT UNION

Mar, 31, 2021 — ISSAQUENA COUNTY FEDERAL CREDIT UNION is a federal credit union headquartered in MAYERSVILLE, MS with 1 branch location and about $1.25 million in total assets. Opened 52 years ago in 1969, ISSAQUENA COUNTY FEDERAL CREDIT UNION has about 451 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:451
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:Dec 01, 2019
FHLB Member:No
Low Income Designation:No
Assets:$1,245,825
CEO/Manager:Sherida Stovall
Chairperson:Willie M Jones

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 194,998
TOTAL INVESTMENTS 713,920
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 0
 Other Loans 340,104
 TOTAL LOANS 340,104
 (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 11,975
 All Other Assets -773
  TOTAL ASSETS 1,245,825
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 32,542
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 1,031,861
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 1,031,861
  TOTAL LIABILITIES 1,064,403
 Regular Reserve 20,503
 Other Reserves 0
 Undivided Earnings 160,919
  TOTAL EQUITY 181,422
  TOTAL LIABILITIES, SHARES, & EQUITY 1,245,825
INCOME & EXPENSE  
 Loan Income 8,407
 Investment Income 0
 Other Income 1,042
 Total Employee Compensation & Benefits 7,000
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 3,328
 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) -788
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