Overview / Commentary
HealthPlus Federal Credit Union is headquartered in JACKSON and is the 39th largest credit union in the state of Mississippi. It is also the 3,622nd largest credit union in the nation. It was established in 1948 and as of March of 2025, it had grown to 5 employees and 2,708 members at 2 locations. HealthPlus Federal Credit Union has a C health rating.
Field of Membership Restrictions
Membership in HealthPlus Federal Credit Union is open to employees of the Mississippi State Board of Health and the Mississippi State Department of Health who work in or are headquartered in Jackson, Mississippi or their district offices.
See current membership details
Health
C
Data as of Q1 2025
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. HealthPlus Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 5930 |
| Year Chartered | 1948 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -1.22% |
| Return on Equity - YTD | -10.5% |
| Annual Interest Income | $201K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $10.5MM$9.8MM |
| Loans | Q1 2025vs Q1 2024 | $8.1MM$8.7MM |
| Deposits | Q1 2025vs Q1 2024 | $9.2MM$8.6MM |
| Equity Capital | Q1 2025vs Q1 2024 | $1.2MM$1.2MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $97K$88K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $574K$368K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |