MISSISSIPPI FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://www.msfcu.us for more information.
Sep, 30, 2025 — MISSISSIPPI FEDERAL CREDIT UNION is a federal credit union headquartered in JACKSON, MS with 6 branch locations and about $164.16 million in total assets. Opened 68 years ago in 1958, MISSISSIPPI FEDERAL CREDIT UNION has about 22,155 members and employs 55 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MISSISSIPPI FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | PO BOX 55889 JACKSON, MS 39296 |
| Phone: | (601) 351-9200 |
| Fax: | (769) 251-0864 |
| Website: | https://www.msfcu.us |
| Branches: | 6 branch locations |
| Members: | 22,155 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24585 |
|---|---|
| Membership Type: | Multiple common bond - Primarily health care |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Jun 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $164,162,912 |
| CEO/Manager: | MIKE LIGHTSEY |
| Chairperson: | GARY ARMSTRONG |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 34,838,837 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 26,103,917 |
| Unsecured Loans | 12,368,443 |
| Other Loans | 47,519,429 |
| TOTAL LOANS | 85,991,789 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -569,262 |
| Land And Building | 10,824,223 |
| Other Fixed Assets | 712,171 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,408,575 |
| All Other Assets | 18,848 |
| TOTAL ASSETS | 164,162,912 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,765,595 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 37,117,074 |
| Regular shares | 78,900,906 |
| All Other Shares & Deposits | 26,854,028 |
| TOTAL SHARES & DEPOSITS | 142,872,008 |
| TOTAL LIABILITIES | 144,637,603 |
| Regular Reserve | 0 |
| Other Reserves | 901,089 |
| Undivided Earnings | 18,624,220 |
| TOTAL EQUITY | 19,525,309 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 164,162,912 |
| INCOME & EXPENSE | |
| Loan Income | 3,394,120 |
| Investment Income | 401,474 |
| Other Income | 2,694,750 |
| Total Employee Compensation & Benefits | 2,704,898 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 2,794,899 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 98,828 |
| Cost of Funds | 252,542 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 923,466 |
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