Statewide Federal Credit Union is headquartered in Flowood and is the 8th largest credit union in the state of Mississippi. It is also the 1,371st largest credit union in the nation. It was established in 1949 and as of June of 2021, it had grown to 46 employees and 19,563 members at 4 locations. Statewide Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Must be an employee of the USDA of Mississippi, U.S. Forest Service, and other groups and organizations listed.
See current membership details
Needs more professional/trustworthy tellers.
Used them for a few months until my wife gave the teller $200 in cash and some checks. Once home she looked and saw the deposit receipt was $200 short. I called and they told me they would look for it. An hour later they called back and said they found half of the $200 but not all of it. The manager told me they would have to watch the security tapes. Late that evening I received a voicemail saying the $200 had been deposited with no apology for the hassle.
Data as of Q2 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 6369 |
| Year Chartered | 1949 |
| Employees | 46 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.78% |
| Return on Equity - YTD | 9.26% |
| Annual Interest Income | $2.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2021vs Q2 2020 | $166.2MM$149.9MM |
| Loans | Q2 2021vs Q2 2020 | $87.6MM$81.0MM |
| Deposits | Q2 2021vs Q2 2020 | $149.7MM$135.1MM |
| Equity Capital | Q2 2021vs Q2 2020 | $14.1MM$12.7MM |
| Loan Loss Allowance | Q2 2021vs Q2 2020 | $426.00K$581.00K |
| Unbacked Noncurrent Loans | Q2 2021vs Q2 2020 | $717.00K$362.00K |
| Real Estate Owned | Q2 2021vs Q2 2020 | $0$0 |