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MAGNOLIA FEDERAL CREDIT UNION
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MAGNOLIA FEDERAL CREDIT UNION
| RSSD ID 22972 | CHARTER 224 |
| 240 Briarwood Dr |
Quarter Ended : |
2026-03-31 |
| Jackson, MS, 39206 |
Agency Update : |
2026-04-23 |
| http://www.magfedcu.org |
| Institution Profile |
| Chartered : |
1935 |
Institution Type : |
Credit Union |
| Credit Union Type : |
Federal |
Federal Regulator : |
NCUA |
| Membership Type : |
Multiple common bond - other |
| Statistical Area (MSA) : |
Not Available |
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| Number of Offices : |
0 |
| Current Members : |
21,084 |
Potential Members : |
579,164 |
| Full-time Employees : |
55 |
Part-time Employees : |
0 |
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| Financial Fast Facts |
| Balance Sheet |
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Income Statement (ytd) |
| Total Assets | 188,128,198 |
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Total Interest Income | 2,714,111 |
| Total Liabilities | 145,318,060 |
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Total NonInterest Income | 1,105,206 |
| Total Shares and Deposits | 144,739,992 |
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Total Interest Expense | 261,734 |
| Total Equity | 42,828,722 |
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Total NonInterest Expense | 2,603,282 |
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| PCA Net Worth |
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Loans & Leases |
| Total Net Worth | 42,828,722 |
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Total Number | 13,925 |
| Net Worth Ratio | 22.77 |
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Total Amount | 117,543,233 |
| Net Worth Classification | Well Capitalized |
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Total Delinquent(60+ Days) Number | 223 |
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Total Delinquent(60+ Days) Amount | 616,367 |
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