Overview / Commentary
Pine Belt Federal Credit Union is headquartered in Hattiesburg and is the 35th largest credit union in the state of Mississippi. It is also the 3,687th largest credit union in the nation. It was established in 1942 and as of December of 2022, it had grown to 7 employees and 2,142 members at 1 location. Pine Belt Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Pine Belt Federal Credit Union is open to those who reside, work, attend school or worship in Forrest or Perry Counties in Mississippi. Credit union members and their family are also eligible.
See current membership details
Health
B+
Data as of Q4 2022
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. Pine Belt Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 4799 |
| Year Chartered | 1942 |
| Employees | 7 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.32% |
| Return on Equity - YTD | 1.11% |
| Annual Interest Income | $639.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $13.1MM$12.5MM |
| Loans | Q4 2022vs Q4 2021 | $8.5MM$7.1MM |
| Deposits | Q4 2022vs Q4 2021 | $9.3MM$8.7MM |
| Equity Capital | Q4 2022vs Q4 2021 | $3.8MM$3.8MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $39.00K$46.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $39.00K$53.00K |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |