Jun, 30, 2023 — MISSISSIPPI PUBLIC EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in JACKSON, MS with 1 branch location and about $31.82 million in total assets. Opened 58 years ago in 1966, MISSISSIPPI PUBLIC EMPLOYEES CREDIT UNION has about 5,740 members and employs 10 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 PUBLIC EMPLOYEES CREDIT UNION |
---|---|
Address: (Main Office) | 613 S West St JACKSON, MS 39201-5506 |
Phone: | (601) 948-8191 |
Fax: | (601) 948-8198 |
Website: | https://www.mspecu.org |
Branches: | 1 branch locations |
Members: | 5,740 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 63442 |
---|---|
Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1966 |
Last Audited: | Apr 01, 2022 |
FHLB Member: | No |
Low Income Designation: | No |
Assets: | $31,821,534 |
CEO/Manager: | Debbie Cox |
Chairperson: | Mark Johnson |
ASSETS: | $ Amount |
---|---|
Cash & Equivalents | 5,673,860 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 0 |
Unsecured Loans | 1,753,318 |
Other Loans | 7,638,630 |
TOTAL LOANS | 9,391,948 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -33,124 |
Land And Building | 363,176 |
Other Fixed Assets | 18,740 |
NCUSIF Deposit | 274,404 |
All Other Assets | 0 |
TOTAL ASSETS | 31,821,534 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 25 |
Notes & Interest Payable | 0 |
Accounts Payable & Other Liabilities | 89,574 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 2,793,274 |
Regular shares | 18,873,891 |
All Other Shares & Deposits | 6,264,629 |
TOTAL SHARES & DEPOSITS | 27,931,794 |
TOTAL LIABILITIES | 28,021,393 |
Regular Reserve | 0 |
Other Reserves | -17 |
Undivided Earnings | 3,800,158 |
TOTAL EQUITY | 3,800,141 |
TOTAL LIABILITIES, SHARES, & EQUITY | 31,821,534 |
INCOME & EXPENSE | |
Loan Income | 488,649 |
Investment Income | 144,587 |
Other Income | 270,280 |
Total Employee Compensation & Benefits | 388,784 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 552,241 |
Non-operating Income & (Expense) | 6,950 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 20,632 |
Cost of Funds | 5,672 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | 83,998 |
↑ Back to Top |