MilWay Federal Credit Union


Overview / Commentary
870-772-0661
2000 Arkansas Blvd
Texarkana, AR 71854

MilWay Federal Credit Union is headquartered in Texarkana and is the 4th largest credit union in the state of Arkansas. It is also the 1,354th largest credit union in the nation. It was established in 1956 and as of March of 2025, it had grown to 34 employees and 12,817 members at 3 locations. MilWay Federal Credit Union has an A+ health rating.

Field of Membership Restrictions

Membership in MilWay Federal Credit Union is open to anyone who lives, works, or worships in the Arkansas counties of Little River, Miller, or Bowie County, Texas. Employees of Cooper Tire and Rubber Company, Domtar, City of Texarkana Arkansas, Alumax/Alcoa, Ericcsson Cables/Texarkana Wire and Cable, City of Ashdown Arkansas, Brock Enterprise/Service Paint, County of Little River, Holiday Dry Cleaning & Laundry, Abernathy Company, Ledwell & Son Enterprises, Little River Memorial Hospital and Rehab, Parks Metal Fabricators, Pinecrest Retirement Lodge, The Woodlands, Inc Amberwood & Brookwood, Southwest Arkansas Electric, Humco, Gradon Chemicals, Single 5 Farms, City of Wake Village, Walker Residential Services, SW AR Telephone Co-op, or Walsh Distribution are also eligible for membership.
See current membership details

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Health
A+

Health Grade Components

Overall
NCUA #24197
Year Chartered1956
Employees34
Primary Regulator
Profit Margin
Return on Assets - YTD0.37%
Return on Equity - YTD3.55%
Annual Interest Income$2MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$179.8MM$170.2MM
LoansQ1 2025vs Q1 2024$89.7MM$90.5MM
DepositsQ1 2025vs Q1 2024$160.4MM$150.9MM
Equity CapitalQ1 2025vs Q1 2024$18.2MM$17.4MM
Loan Loss AllowanceQ1 2025vs Q1 2024$123K$115K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$171K$420K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates

Rates for MilWay Federal Credit Union are currently being reviewed.

Locations


MilWay Federal Credit Union Locations
Branch Office2000 Arkansas BlvdTexarkana, AR 71854-1616
Branch Office5001 W 7th StTexarkana, TX 75501-6269
Branch Office140 Highway 71 SAshdown, AR 71822-8650

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