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409 Riverwind Dr
Pearl, MS 39208-5917

Mississippi Telco Credit Union is headquartered in Pearl and is the 7th largest credit union in the state of Mississippi. It is also the 1,047th largest credit union in the nation. It was established in 1935 and as of March of 2014, it had grown to 15 employees and 8,240 members. Mississippi Telco Credit Union has a A+ health rating.

Field of Membership Restrictions

You can join Mississippi Telco FCU if you live, work, attend school, worship or volunteer: in the Bloomfield or Riverwind developments in Pearl or in Pearl South of Highway 80 and North of Old Brandon Road. Employees and family members of select employee groups are also eligible for membership. If you are a Friend of the Pearl Library or Richland Library, you can also join. - See Details

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Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Mississippi Telco Credit Union had $321,000 in non-current loans and owned real-estate with $21.18 million in equity and loan loss allowances on hand to cover it. This gives Mississippi Telco Credit Union a Texas Ratio of 1.52% 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 Mississippi Telco Credit Union experienced no significant changes from 1.41% as of March 31, 2013 to 1.52% as of March 31, 2014, resulting in a negative change of 7.24%. This indicates that the balance sheet and financial strength for Mississippi Telco Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Mississippi Telco Credit Union has increased its total deposits by $4.03 million, resulting in 2.75% 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 Mississippi Telco 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. Mississippi Telco Credit Union has $171.7 million in assets with $21.18 million in equity, resulting in a capitalization level of 12.34%, which is excellent.

Institution Statistics

NCUA #473
Year Chartered1935
Primary Regulator
Assets and Liabilities
Assets$171.70 million
Loans$45.68 million
Deposits$150.36 million
Equity Capital$21.00 million
Loan Loss Allowance$185,000
Unbacked Noncurrent Loans$214,000
Real Estate Owned$107,000
Historic Data - March 2013
Assets$169.02 million
Equity Capital$22.06 million
Loan Loss Allowance$235,000
Unbacked Noncurrent Loans$214,000
Real Estate Owned$69,000
Profit Margin - Quarterly
Net Interest Margin0.96%
Return on Assets0.73%
Return on Equity5.94%
Interest Income$1.04 million

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Mississippi Telco Credit Union Savings Account Rates

0.50%$5k-IRA Savings

Mississippi Telco Credit Union Money Market Rates

0.45%$5k-Money Market

Mississippi Telco Credit Union Checking Account Rates


Mississippi Telco Credit Union CD Rates

1.91%$1k-60 Month Share Certificate
1.41%$1k-30 Month Share Certificate
1.10%$1k-24 Month Share Certificate
0.90%$1k-18 Month Share Certificate
0.80%$1k-12 Month Share Certificate
0.50%$1k-6 Month Share Certificate
0.35%$1k-91 Day Share Certificate

Mississippi Telco Credit Union IRA Rates

1.91%$1k-60 Month IRA Certificate
1.41%$1k-30 Month IRA Certificate
1.10%$1k-24 Month IRA Certificate
0.90%$1k-18 Month IRA Certificate

Mississippi Telco Credit Union Locations
Branch Office409 Riverwind DrPearl, MS 39208-5917