Members Exchange Credit Union is headquartered in Ridgeland and is the 11th largest credit union in the state of Mississippi. It is also the 1,519th largest credit union in the nation. It was established in 1954 and as of September of 2020, it had grown to 42 employees and 15,075 members at 3 locations. Members Exchange Credit Union has an A+ health rating.
Membership in Members Exchange Credit Union is open to those who live, work, worship, attend school, or volunteer in Madison, Hinds, Copiah, Rankin, or Simpson Counties in Mississippi.
See current membership details
Overall | |
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NCUA # | 60598 |
Year Chartered | 1954 |
Employees | 42 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.3% |
Return on Equity - YTD | 1.83% |
Annual Interest Income | $3.8MM |
Assets and Liabilities | ||
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Assets | Q3 2020vs Q3 2019 | $129.2MM$111.7MM |
Loans | Q3 2020vs Q3 2019 | $58.9MM$60.1MM |
Deposits | Q3 2020vs Q3 2019 | $106.4MM$89.8MM |
Equity Capital | Q3 2020vs Q3 2019 | $21.0MM$20.7MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $1.1MM$1.2MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $120.00K$407.00K |
Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Members Exchange Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
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1.75%* | - | $10k | Kasasa Cash | ||
OTHER TIERS: 0.25% → $10k+ | |||||
0.05% | $1k | - | e-Business Checking Account | ||
0.01% | $1k | - | Members Choice Checking Account | ||
0.01% | $1k | - | Simply Checking |
Members Exchange Credit Union Locations | ||
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Branch Office | 107 Marketridge Dr | Ridgeland, MS 39157-6027 |
Branch Office | 101 Metroplex Blvd | Pearl, MS 39208 |
Branch Office | 5640 I 55 S | Byram, MS 39272-9402 |