Members Exchange Credit Union is headquartered in Ridgeland and is the 11th largest credit union in the state of Mississippi. It is also the 1,549th largest credit union in the nation. It was established in 1954 and as of September of 2022, it had grown to 39 employees and 14,123 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 | 39 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 1.43% |
Return on Equity - YTD | 8.09% |
Annual Interest Income | $3.8MM |
Assets and Liabilities | ||
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Assets | Q3 2022vs Q3 2021 | $139.0MM$138.5MM |
Loans | Q3 2022vs Q3 2021 | $64.9MM$61.6MM |
Deposits | Q3 2022vs Q3 2021 | $111.5MM$113.7MM |
Equity Capital | Q3 2022vs Q3 2021 | $24.8MM$22.6MM |
Loan Loss Allowance | Q3 2022vs Q3 2021 | $306.00K$486.00K |
Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $93.00K$26.00K |
Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |
Rates for Members Exchange Credit Union are currently being reviewed.
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 |