CenturyFirst Federal Credit Union
Overview / Commentary
CenturyFirst Federal Credit Union is headquartered in HATTIESBURG and is the 17th largest credit union in the state of Mississippi. It is also the 2,220th largest credit union in the nation. It was established in 1956 and as of December of 2022, it had grown to 31 employees and 8,910 members at 6 locations. CenturyFirst Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in CenturyFirst Federal Credit Union is open to those who live, work, worship, or attend school in select census tracts of Forrest, Lamar, and Jones Counties of Mississippi.
See current membership details
Health
B+
Data as of Q4 2022
Learn why bank health mattersAdditional 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. CenturyFirst Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 24668 |
| Year Chartered | 1956 |
| Employees | 31 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.11% |
| Return on Equity - YTD | 16% |
| Annual Interest Income | $4.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $66.7MM$63.0MM |
| Loans | Q4 2022vs Q4 2021 | $54.1MM$43.6MM |
| Deposits | Q4 2022vs Q4 2021 | $57.3MM$55.2MM |
| Equity Capital | Q4 2022vs Q4 2021 | $8.8MM$7.4MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $511.00K$538.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $1.1MM$542.00K |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |