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Overview / Commentary
WEST POINT, MS 39773-2852

New Horizons CU (MS) is headquartered in WEST POINT and is the 45th largest credit union in the state of Mississippi. It is also the 4,710st largest credit union in the nation. It was established in 1960 and as of March of 2014, it had grown to 5 employees and 3,260 members. New Horizons CU (MS) has a B+ health rating.

Reviews (1)

Personal Service


I have had the pleasure of being a member of New Horizon,I use the Eupora branch,and it is truly still a bank where they know your name,you feel part of a family.They go out of their way to ensure your business is handled quickly and efficently. 



Data for Q1 2014

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. New Horizons CU (MS) has a very low asset base.

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 New Horizons CU (MS) had $0 in non-current loans and owned real-estate with $1.73 million in equity and loan loss allowances on hand to cover it. This gives New Horizons CU (MS) a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Deposit Growth


In the past year, New Horizons CU (MS) has increased its total deposits by $513,000, resulting in 8.28% 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 New Horizons CU (MS) has shown is excellent.



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. New Horizons CU (MS) has $8.44 million in assets with $1.73 million in equity, resulting in a capitalization level of 20.48%, which is excellent.

Institution Statistics

NCUA #63808
Year Chartered1960
Primary Regulator
Assets and Liabilities
Assets$8.44 million
Loans$3.54 million
Deposits$6.71 million
Equity Capital$1.72 million
Loan Loss Allowance$9,000
Real Estate Owned$0
Historic Data - March 2013
Assets$7.93 million
Equity Capital$1.72 million
Loan Loss Allowance$7,000
Unbacked Noncurrent Loans$0
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets0.14%
Return on Equity0.7%
Interest Income$70,000

Sorry, we do not have rate data for New Horizons CU (MS)


New Horizons CU (MS) Locations
Branch Office106 N JEFFERSON STHOUSTON, MS 38851
Branch Office211 HIGH STWEST POINT, MS 39773-2852
Branch Office631 W FOX AVEEUPORA, MS 39744