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601-649-7181 ext. 2039
1506 Congress St
Laurel, MS 39440

Central Sunbelt Federal Credit Union is headquartered in Laurel and is the 3rd largest credit union in the state of Mississippi. It is also the 942nd largest credit union in the nation. It was established in 1953 and as of December of 2013, it had grown to 80 employees and 28,309 members. Central Sunbelt Federal Credit Union's savings rates are 3X the national average, and it boasts a A+ health rating.

Field of Membership Restrictions

Who Can Join Employees and volunteers of the qualified employee groups that are within the field of membership. We have extended our membership to include anyone who lives, works, worships or volunteers in certain areas Forrest, Lamar, Jones and Wayne Counties. - See Details

Related Posts

Updated Review of Reward Checking Account at Central Sunbelt FCU in MS - 4/30/2013

All reward checking accounts that have been around for at least five years have seen at least some rate cuts, and many have also had balance cap reductions. Several have been big disappointments with ...

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Data for Q4 2013

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Central Sunbelt Federal Credit Union had $966,000 in non-current loans and owned real-estate with $25.55 million in equity and loan loss allowances on hand to cover it. This gives Central Sunbelt Federal Credit Union a Texas Ratio of 3.78% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Central Sunbelt Federal Credit Union decreased dramatically from 8.90% as of December 31, 2012 to 3.78% as of December 31, 2013, resulting in a positive change of 57.50%.This indicates that the balance sheet and financial strength for Central Sunbelt Federal Credit Union has improved dramatically in recent periods.

Deposit Growth


In the past year, Central Sunbelt Federal Credit Union has increased its total deposits by $3.52 million, resulting in 2.18% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Central Sunbelt Federal Credit Union has shown is above average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Central Sunbelt Federal Credit Union has $191.85 million in assets with $25.55 million in equity, resulting in a capitalization level of 13.32%, which is excellent.

Institution Statistics

NCUA #8905
Year Chartered1953
Primary Regulator
Assets and Liabilities
Assets$191.85 million
Loans$72.58 million
Deposits$164.50 million
Equity Capital$25.07 million
Loan Loss Allowance$484,000
Unbacked Noncurrent Loans$917,000
Real Estate Owned$49,000
Historic Data - December 2012
Assets$187.55 million
Equity Capital$24.74 million
Loan Loss Allowance$628,000
Unbacked Noncurrent Loans$917,000
Real Estate Owned$32,000
Profit Margin - Quarterly
Net Interest Margin6.51%
Return on Assets0.9%
Return on Equity6.91%
Interest Income$6.48 million

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Central Sunbelt Federal Credit Union Savings Account Rates

1.50%--Traditional IRA
1.50%--Roth IRA
0.25%$100-Regular Share
0.25%--Special Shares
0.25%--Sunny Kids Club
0.25%--Holiday Club

Central Sunbelt Federal Credit Union Money Market Rates

0.35%$1k-Money Investment

Central Sunbelt Federal Credit Union Checking Account Rates

3.00%-$20kAdvantage Checking
0.25%--Advantage Checking
0.25%--Regular Checking
0.25%--Rising Sun Checking

Central Sunbelt Federal Credit Union CD Rates

1.20%$500-60 Month Share Certificate
1.05%$500-48 Month Share Certificate
0.80%$500-36 Month Share Certificate
0.65%$500-24 Month Share Certificate
0.35%$500-12 Month Share Certificate
0.25%$500-6 Month Share Certificate

Central Sunbelt Federal Credit Union Locations
Branch Office1857 Lincoln RdHattiesburg, MS 39402-3228
Main Office1506 Congress StLaurel, MS 39440-4239
Branch Office112 Westover DrHattiesburg, MS 39402-1474
Branch Office1417 Aston AveMcComb, MS 39648
Branch Office734 Sawmill RdLaurel, MS 39440-6605