Overview / Commentary
Eagle Express Federal Credit Union is headquartered in Jackson and is the 17th largest credit union in the state of Mississippi. It is also the 2,161st largest credit union in the nation. It was established in 1935 and as of December of 2019, it had grown to 11 employees and 4,028 members at 1 location. Eagle Express Federal Credit Union's CD rates are 22% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership in Eagle Express Federal Credit Union is open to Postal Service employees and all Federal Civilian employees within the state of Mississippi and their family members.
See current membership details
Health
B+
Data as of Q4 2019
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. Eagle Express Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 48 |
| Year Chartered | 1935 |
| Employees | 11 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.39% |
| Return on Equity - YTD | 1.98% |
| Annual Interest Income | $2.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $59.2MM$59.8MM |
| Loans | Q4 2019vs Q4 2018 | $21.5MM$20.8MM |
| Deposits | Q4 2019vs Q4 2018 | $46.7MM$47.3MM |
| Equity Capital | Q4 2019vs Q4 2018 | $11.7MM$12.0MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $349.00K$337.00K |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $370.00K$423.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $34.00K$0 |