1St Mississippi Federal Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
1.56%	5-year CD	5 Years CD 1.55% - National Average
0.80%	1-year CD	12 Months CD 0.62% - National Average
0.10%	Savings	Basic Savings 1.30% - Synchrony Bank High Yield Savings

View all 1St Mississippi Federal Credit Union rates »

Overview / Commentary

1stms.com

601-693-6873

600 19th Ave
Meridian, MS 39301

1St Mississippi Federal Credit Union is headquartered in Meridian and is the 17^th largest credit union in the state of Mississippi. It is also the 2,171^st largest credit union in the nation. It was established in 1972 and as of June of 2017, it had grown to 22 employees and 9,615 members at 2 locations. 1St Mississippi Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school located in Lauderdale or Clarke Counties and to immediate family of those eligible.
See current membership details

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Health

B+

Data as of Q2 2017

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. 1St Mississippi Federal Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #	21073
Year Chartered	1972
Employees	22
Primary Regulator

Profit Margin
Return on Assets - YTD	0.92%
Return on Equity - YTD	3.17%
Annual Interest Income	$1.0MM

Assets and Liabilities
Assets	Q2 2017vs Q2 2016	$58.6MM$58.2MM
Loans	Q2 2017vs Q2 2016	$18.0MM$16.8MM
Deposits	Q2 2017vs Q2 2016	$41.1MM$41.4MM
Equity Capital	Q2 2017vs Q2 2016	$17.3MM$16.7MM
Loan Loss Allowance	Q2 2017vs Q2 2016	$80.00K$77.00K
Unbacked Noncurrent Loans	Q2 2017vs Q2 2016	$276.00K$70.00K
Real Estate Owned	Q2 2017vs Q2 2016	$62.00K$57.00K

Rates

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Checking
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

1St Mississippi Federal Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.40%^*	$250k^*	-	High Yield
OTHER TIERS: 0.25% → $7,500 - $25k \| 0.30% → $25k - $50k \| 0.35% → $50k - $250k
0.10%	-	-	Basic Savings
0.05%	$100	-	1st Beginnings Savings

1St Mississippi Federal Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.05%	$1k	-	Regular Checking
0.05%	$500	-	1st Advantage Checking

1St Mississippi Federal Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.56%	$500	-	5 Years CD
1.41%	$500	-	4 Years CD
1.26%	$500	-	3 Years CD
1.11%	$500	-	30 Months CD
1.05%	$500	-	24 Months CD
0.85%	$500	-	18 Months CD
0.80%	$500	-	12 Months CD
0.60%	$500	-	6 Months CD

1St Mississippi Federal Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
1.56%	-	-	5 Years IRA
1.41%	-	-	4 Years IRA
1.26%	-	-	3 Years IRA
1.11%	-	-	30 Months IRA
1.05%	-	-	24 Montshs IRA
0.85%	-	-	18 Months IRA
0.80%	-	-	12 Months IRA
0.60%	-	-	6 Months IRA

Locations

1St Mississippi Federal Credit Union Locations
Branch Office	212 S Archusa Ave	Quitman, MS 39355
Branch Office	600 19th Ave	Meridian, MS 39301