Overview / Commentary
Mississippi DHS Federal Credit Union is headquartered in JACKSON and is the 44th largest credit union in the state of Mississippi. It is also the 3,837th largest credit union in the nation. It was established in 1952 and as of June of 2023, it had grown to 4 employees and 2,128 members at 1 location. Mississippi DHS Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership is open to those who live, work, attend school or worship in a specific under-served area of Jackson, Mississippi. Membership is also open to employees of the Department of Human Services and Rehabilitation for the Blind working in Mississippi.
See current membership details
Health
B
Data as of Q2 2023
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. Mississippi DHS Federal Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 8052 |
| Year Chartered | 1952 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.21% |
| Return on Equity - YTD | -1.57% |
| Annual Interest Income | $211.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $9.8MM$9.9MM |
| Loans | Q2 2023vs Q2 2022 | $4.0MM$3.6MM |
| Deposits | Q2 2023vs Q2 2022 | $8.4MM$8.4MM |
| Equity Capital | Q2 2023vs Q2 2022 | $1.3MM$1.4MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$0 |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $29.00K$51.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |