Overview / Commentary
SecurTrust Federal Credit Union is headquartered in Southaven and is the 21st largest credit union in the state of Mississippi. It is also the 2,890th largest credit union in the nation. It was established in 1949 and as of December of 2021, it had grown to 8 employees and 3,167 members at 2 locations. SecurTrust Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership to SecurTrust Federal Credit Union is open to those who live, work, worship or attend school in DeSoto County, Tate County or Marshall County, Mississippi. Family of active members are also automatically eligible.
See current membership details
Health
B+
Data as of Q4 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. SecurTrust Federal Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 6370 |
| Year Chartered | 1949 |
| Employees | 8 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.07% |
| Return on Equity - YTD | 5.58% |
| Annual Interest Income | $1.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2021vs Q4 2020 | $34.9MM$31.9MM |
| Loans | Q4 2021vs Q4 2020 | $23.1MM$21.5MM |
| Deposits | Q4 2021vs Q4 2020 | $28.0MM$25.3MM |
| Equity Capital | Q4 2021vs Q4 2020 | $6.7MM$6.3MM |
| Loan Loss Allowance | Q4 2021vs Q4 2020 | $362.00K$378.00K |
| Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $124.00K$142.00K |
| Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |