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MCCOMB FEDERAL CREDIT UNION

Sep, 30, 2025 — MCCOMB FEDERAL CREDIT UNION is a federal credit union headquartered in McComb, MS with 1 branch location and about $7.13 million in total assets. Opened 86 years ago in 1940, MCCOMB FEDERAL CREDIT UNION has about 1,337 members and employs 4 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MCCOMB FEDERAL CREDIT UNION
Address:
(Main Office)
PO Box 456
McComb, MS 39648
Phone:(601) 684-7764
Fax:(601) 684-7763
Website:https://mccombfcu.com
Branches:1 branch locations
Members:1,337
Credit Union Type:Federal Credit Union
Charter Number:4090
Membership Type:Multiple common bond - Primarily transportation
Corporate Credit Union:No
Year Opened:1940
Last Audited:Feb 01, 2022
FHLB Member:No
Low Income Designation:No
Assets:$7,130,413
CEO/Manager:Laura Burris
Chairperson:Bryan McKenzie

Call Report

  • Payday Alternative Loans (PAL Loans)
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 2,130,677
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 1,594,744
 Other Loans 1,646,288
 TOTAL LOANS 3,265,615
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -15,508
 Land And Building 106,737
 Other Fixed Assets 17,888
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 73,187
 All Other Assets 0
  TOTAL ASSETS 7,130,413
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 23,238
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 559,746
 Regular shares 5,421,726
 All Other Shares & Deposits 93,442
  TOTAL SHARES & DEPOSITS 6,074,914
  TOTAL LIABILITIES 6,098,152
 Regular Reserve 0
 Other Reserves 149,858
 Undivided Earnings 882,403
  TOTAL EQUITY 1,032,261
  TOTAL LIABILITIES, SHARES, & EQUITY 7,130,413
INCOME & EXPENSE  
 Loan Income 198,016
 Investment Income 5,791
 Other Income 116,303
 Total Employee Compensation & Benefits 166,689
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 161,212
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 10,409
 Cost of Funds 13
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) -15,166
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