Dec, 31, 2022 — MISSISSIPPI DHS FEDERAL CREDIT UNION is a federal credit union headquartered in JACKSON, MS with 1 branch location and about $9.98 million in total assets. Opened 71 years ago in 1952, MISSISSIPPI DHS FEDERAL CREDIT UNION has about 2,081 members and employs 5 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 DHS FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 767 N PRESIDENT ST JACKSON, MS 39202 |
| Phone: | (601) 354-6544 |
| Fax: | (601) 354-6553 |
| Website: | https://www.msdhsfcu.com |
| Branches: | 1 branch locations |
| Members: | 2,081 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 8052 |
|---|---|
| Membership Type: | Federal, State, Local Government |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Mar 01, 2022 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $9,982,376 |
| CEO/Manager: | ROSALIND BAILEY |
| Chairperson: | BARRY DIXON |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 3,447,381 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 636,386 |
| Other Loans | 2,935,483 |
| TOTAL LOANS | 3,571,869 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -22,644 |
| Land And Building | 144,352 |
| Other Fixed Assets | 85,623 |
| NCUSIF Deposit | 80,954 |
| All Other Assets | 0 |
| TOTAL ASSETS | 9,982,376 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3,262 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 283,610 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 624,803 |
| Regular shares | 6,845,829 |
| All Other Shares & Deposits | 849,987 |
| TOTAL SHARES & DEPOSITS | 8,320,619 |
| TOTAL LIABILITIES | 8,607,491 |
| Regular Reserve | 0 |
| Other Reserves | 238,728 |
| Undivided Earnings | 1,136,157 |
| TOTAL EQUITY | 1,374,885 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 9,982,376 |
| INCOME & EXPENSE | |
| Loan Income | 227,376 |
| Investment Income | 28,474 |
| Other Income | 137,540 |
| Total Employee Compensation & Benefits | 203,319 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 233,621 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -12,476 |
| Cost of Funds | 16,433 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -27,085 |
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