MID DELTA FEDERAL CREDIT UNION is no longer an active credit union according to the NCUA.
Dec, 31, 2023 — MID DELTA FEDERAL CREDIT UNION is a federal credit union headquartered in INDIANOLA, MS with 0 branch location and about $2.51 million in total assets. Opened 59 years ago in 1965, MID DELTA FEDERAL CREDIT UNION has about 835 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | MID DELTA FEDERAL CREDIT UNION |
---|---|
Address: (Main Office) | P O BOX 670 INDIANOLA, MS 38751 |
Phone: | (662) 887-4347 |
Fax: | (662) 887-3048 |
Website: | n/a |
Branches: | 0 branch locations |
Members: | 835 |
Credit Union Type: | Federal Credit Union |
Charter Number: | 24884 |
---|---|
Membership Type: | Multiple common bond - other |
Corporate Credit Union: | No |
Year Opened: | 1965 |
Last Audited: | Aug 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $2,510,022 |
CEO/Manager: | FAYE VANCE |
Chairperson: | LINDELL KING |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 305,569 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 178,500 |
Other Loans | 450,285 |
TOTAL LOANS | 628,785 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -10,057 |
Land And Building | 0 |
Other Fixed Assets | 0 |
NCUSIF Deposit | 19,292 |
All Other Assets | 0 |
TOTAL ASSETS | 2,510,022 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 8,100 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 0 |
Regular shares | 1,946,493 |
All Other Shares & Deposits | 0 |
TOTAL SHARES & DEPOSITS | 1,946,493 |
TOTAL LIABILITIES | 1,954,593 |
Regular Reserve | 0 |
Other Reserves | 42,629 |
Undivided Earnings | 512,800 |
TOTAL EQUITY | 555,429 |
TOTAL LIABILITIES, SHARES, & EQUITY | 2,510,022 |
INCOME & EXPENSE | |
Loan Income | 50,320 |
Investment Income | 5,700 |
Other Income | 28,875 |
Total Employee Compensation & Benefits | 41,628 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 33,100 |
Non-operating Income & (Expense) | 5 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 6,797 |
Cost of Funds | 3,153 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 222 |
↑ Back to Top |