Overview / Commentary
New Horizons Federal Credit Union is headquartered in WEST POINT and is the 36th largest credit union in the state of Mississippi. It is also the 3,749th largest credit union in the nation. It was established in 1960 and as of September of 2021, it had grown to 2 employees and 2,578 members at 2 locations. New Horizons Federal Credit Union has a B+ health rating.
Reviews (1)
Personal Service
Posted by: scameron | Oct 30, 2011
I have had the pleasure of being a member of New Horizon,I use the Eupora branch,and it is truly still a bank where they know your name,you feel part of a family.They go out of their way to ensure your business is handled quickly and efficently.
S.Cameron
Health
B+
Data as of Q3 2021
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. New Horizons Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 24886 |
| Year Chartered | 1960 |
| Employees | 2 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.04% |
| Return on Equity - YTD | 6.82% |
| Annual Interest Income | $351.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2021vs Q3 2020 | $13.7MM$12.3MM |
| Loans | Q3 2021vs Q3 2020 | $7.0MM$7.0MM |
| Deposits | Q3 2021vs Q3 2020 | $11.6MM$10.3MM |
| Equity Capital | Q3 2021vs Q3 2020 | $2.1MM$1.9MM |
| Loan Loss Allowance | Q3 2021vs Q3 2020 | $54.00K$56.00K |
| Unbacked Noncurrent Loans | Q3 2021vs Q3 2020 | $13.00K$18.00K |
| Real Estate Owned | Q3 2021vs Q3 2020 | $0$0 |