Central Sunbelt Federal Credit Union is headquartered in Laurel and is the 4th largest credit union in the state of Mississippi. It is also the 997th largest credit union in the nation. It was established in 1953 and as of March of 2019, it had grown to 97 employees and 36,028 members at 11 locations. Central Sunbelt Federal Credit Union has an A health rating.
Membership in Central Sunbelt Federal Credit Union is open to those who live, work, worship, volunteer or attend school in Jones, Pike and Wayne Counties, and certain parts of Forrest and Lamar Counties. Membership is also open to employees and members of Pike County, Hattiesburg Public School District, and over 150 Select Employer Groups.
See current membership details
|Return on Assets - YTD||2.55%|
|Return on Equity - YTD||14.35%|
|Annual Interest Income||$2.5MM|
|Assets and Liabilities|
|Assets||Q1 2019vs Q1 2018||$226.3MM$223.9MM|
|Loans||Q1 2019vs Q1 2018||$94.8MM$84.1MM|
|Deposits||Q1 2019vs Q1 2018||$181.6MM$185.7MM|
|Equity Capital||Q1 2019vs Q1 2018||$39.0MM$33.4MM|
|Loan Loss Allowance||Q1 2019vs Q1 2018||$1.6MM$1.5MM|
|Unbacked Noncurrent Loans||Q1 2019vs Q1 2018||$481.00K$667.00K|
|Real Estate Owned||Q1 2019vs Q1 2018||$0$0|
Rates for Central Sunbelt Federal Credit Union are currently being reviewed.