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NATCHEZ EDUCATORS FEDERAL CREDIT UNION

Sep, 30, 2025 — NATCHEZ EDUCATORS FEDERAL CREDIT UNION is a federal credit union headquartered in NATCHEZ, MS with 1 branch location and about $1.33 million in total assets. Opened 65 years ago in 1961, NATCHEZ EDUCATORS FEDERAL CREDIT UNION has about 393 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:NATCHEZ EDUCATORS FEDERAL CREDIT UNION
Address:
(Main Office)
10 Homochitto St
NATCHEZ, MS 39120
Phone:(601) 445-2851
Fax:(601) 445-2911
Website:n/a
Branches:1 branch locations
Members:393
Credit Union Type:Federal Credit Union
Charter Number:24896
Membership Type:Educational
Corporate Credit Union:No
Year Opened:1961
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$1,326,759
CEO/Manager:Teresa Ford
Chairperson:Delanea Young

Call Report

  • Payday Alternative Loans (PAL Loans)

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 173,682
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 296,496
 Other Loans 283,824
 TOTAL LOANS 580,320
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,838
 Land And Building 0
 Other Fixed Assets 3,661
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 6,644
 All Other Assets 0
  TOTAL ASSETS 1,326,759
LIABILITIES & CAPITAL:  
 Dividends Payable 2,340
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,265
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 659,593
 All Other Shares & Deposits 0
  TOTAL SHARES & DEPOSITS 659,593
  TOTAL LIABILITIES 663,198
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 663,561
  TOTAL EQUITY 663,561
  TOTAL LIABILITIES, SHARES, & EQUITY 1,326,759
INCOME & EXPENSE  
 Loan Income 61,012
 Investment Income 13,187
 Other Income 8,550
 Total Employee Compensation & Benefits 47,605
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 17,021
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 2,942
 Cost of Funds 6,922
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 8,288
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