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MISSISSIPPI HIGHWAY SAFTY PAT FEDERAL CREDIT UNION

Dec, 31, 2023 — MISSISSIPPI HIGHWAY SAFTY PAT FEDERAL CREDIT UNION is a federal credit union headquartered in JACKSON, MS with 2 branch locations and about $12.53 million in total assets. Opened 60 years ago in 1964, MISSISSIPPI HIGHWAY SAFTY PAT FEDERAL CREDIT UNION has about 1,407 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MISSISSIPPI HIGHWAY SAFTY PAT FEDERAL CREDIT UNION
Address:
(Main Office)
1900 E Woodrow Wilson Ave Ste 204
JACKSON, MS 39216-5118
Phone:(601) 987-1290
Fax:(601) 987-1294
Website:https://www.mhspfcu.com
Branches:2 branch locations
Members:1,407
Credit Union Type:Federal Credit Union
Charter Number:16327
Membership Type:Federal, State, Local Government
Corporate Credit Union:No
Year Opened:1964
Last Audited:May 01, 2023
FHLB Member:No
Low Income Designation:No
Assets:$12,534,967
CEO/Manager:Tracy Burleigh
Chairperson:Steven C Bane

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,240,864
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 814,159
 Other Loans 7,243,970
 TOTAL LOANS 8,058,129
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -13,266
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF Deposit 98,002
 All Other Assets 0
  TOTAL ASSETS 12,534,967
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 60,926
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 611,187
 Regular shares 7,136,742
 All Other Shares & Deposits 1,661,372
  TOTAL SHARES & DEPOSITS 9,409,301
  TOTAL LIABILITIES 9,470,227
 Regular Reserve 0
 Other Reserves 0
 Undivided Earnings 3,064,740
  TOTAL EQUITY 3,064,740
  TOTAL LIABILITIES, SHARES, & EQUITY 12,534,967
INCOME & EXPENSE  
 Loan Income 472,710
 Investment Income 67,983
 Other Income 28,272
 Total Employee Compensation & Benefits 184,594
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 190,181
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 4,642
 Cost of Funds 50,985
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 173,094
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