Overview / Commentary
MidSouth Community Federal Credit Union is headquartered in Macon and is the 14th largest credit union in the state of Georgia. It is also the 850th largest credit union in the nation. It was established in 1936 and as of December of 2020, it had grown to 91 employees and 40,549 members at 9 locations. MidSouth Community Federal Credit Union's money market rates are 14% higher than the national average, and it boasts an A+ health rating.
Field of Membership Restrictions
Membership in MidSouth Community Federal Credit Union is open to those who live, work, worship, or attend school in the Georgia counties of Baldwin, Bibb, Crawford, Hancock, Houston, Jones, Monroe, Peach, Pulaski, Putnam, Twiggs, Washington, and Wilkinson.
See current membership details
Health
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 1410 |
| Year Chartered | 1936 |
| Employees | 91 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.8% |
| Return on Equity - YTD | 6.33% |
| Annual Interest Income | $11.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $339.3MM$284.2MM |
| Loans | Q4 2020vs Q4 2019 | $229.4MM$205.5MM |
| Deposits | Q4 2020vs Q4 2019 | $290.8MM$240.3MM |
| Equity Capital | Q4 2020vs Q4 2019 | $42.5MM$38.8MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $3.5MM$1.8MM |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $1.3MM$1.1MM |
| Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |