Overview / Commentary
Old South Federal Credit Union is headquartered in NATCHEZ and is the 28th largest credit union in the state of Mississippi. It is also the 3,280th largest credit union in the nation. It was established in 1953 and as of March of 2025, it had grown to 9 employees and 2,706 members at 1 location. Old South Federal Credit Union has a C+ health rating.
Field of Membership Restrictions
To be granted membership to Old South Federal Credit Union you must either work, live, attend school or worship In Concordia Parish, LA or Adams County, MS. Employees of Select Employee Groups may also be eligible.
See current membership details
Health
C+
Data as of Q1 2025
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. Old South Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 8840 |
| Year Chartered | 1953 |
| Employees | 9 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.8% |
| Return on Equity - YTD | 12.07% |
| Annual Interest Income | $252K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $18MM$18.3MM |
| Loans | Q1 2025vs Q1 2024 | $8.8MM$8.7MM |
| Deposits | Q1 2025vs Q1 2024 | $15.2MM$15.8MM |
| Equity Capital | Q1 2025vs Q1 2024 | $2.7MM$2.4MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $124K$171K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $331K$234K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |