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 MAGNOLIA FEDERAL CREDIT UNION
MAGNOLIA FEDERAL CREDIT UNION
| RSSD ID 22972 | CHARTER 224 |
| 240 Briarwood Dr |
Quarter Ended : |
2025-06-30 |
| Jackson, MS, 39206 |
Agency Update : |
2025-07-24 |
| 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 |
|
| Number of Offices : |
0 |
| Current Members : |
26,100 |
Potential Members : |
579,164 |
| Full-time Employees : |
58 |
Part-time Employees : |
0 |
|
| Financial Fast Facts |
| Balance Sheet |
|
Income Statement (ytd) |
| Total Assets | 174,128,561 |
|
Total Interest Income | 5,252,263 |
| Total Liabilities | 134,959,620 |
|
Total NonInterest Income | 4,512,976 |
| Total Shares and Deposits | 133,931,654 |
|
Total Interest Expense | 359,312 |
| Total Equity | 39,117,456 |
|
Total NonInterest Expense | 4,997,459 |
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| PCA Net Worth |
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Loans & Leases |
| Total Net Worth | 35,963,888 |
|
Total Number | 15,206 |
| Net Worth Ratio | 20.65 |
|
Total Amount | 120,927,468 |
| Net Worth Classification | Well Capitalized |
|
Total Delinquent(60+ Days) Number | 232 |
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Total Delinquent(60+ Days) Amount | 736,570 |
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:· de novo banks :· MAGNOLIA FEDERAL CREDIT UNION
