600 19th Ave
Meridian, MS 39301
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 0.91% →
1-Year CD 0.25% 0.85% →
2-Year CD 0.35% 0.95% →
5-Year CD 0.65% 1.30% →
30-Year Mortgage N.A. 2.61% →
15-Year Mortgage N.A. 2.31% →
HELOC N.A. 2.79% →

2020 Overview

General Credit Union Information

1st Mississippi is an NCUA insured institution located in Meridian, MS. It was founded in 1972 and has approximately $62.38 millions in assets.

NCUA Insured Yes
Charter Number # # 21073
Date Established 1972
Assets $62.38 million
Loans $19.16 million
Deposits $42.90 million
Capital $19.20 million

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school located in Lauderdale or Clarke Counties and to immediate family of those eligible.

Deposit Rates - November 23, 2020

Your Current Location: Connecticut, CT 06828

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
0.10% $2,500 $4,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.20% $25,000 $29,999 Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.15% $10,000 $14,999 Learn More
6 Mo CD
0.15% $100,000 $199,999 Learn More
12 Mo CD
0.25% $10,000 $14,999 Learn More
12 Mo CD
0.25% $100,000 $199,999 Learn More
18 Mo CD
0.25% $10,000 $14,999 Learn More
18 Mo CD
0.25% $100,000 $199,999 Learn More
24 Mo CD
0.35% $10,000 $14,999 Learn More
24 Mo CD
0.35% $100,000 $199,999 Learn More
30 Mo CD
0.35% $10,000 $14,999 Learn More
30 Mo CD
0.35% $100,000 $199,999 Learn More
36 Mo CD
0.45% $10,000 $14,999 Learn More
36 Mo CD
0.45% $100,000 $199,999 Learn More
48 Mo CD
0.55% $10,000 $14,999 Learn More
48 Mo CD
0.55% $100,000 $199,999 Learn More
60 Mo CD
0.65% $10,000 $14,999 Learn More
60 Mo CD
0.65% $100,000 $199,999 Learn More
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $2,500 $3,499 Learn MoreShow Less

Loan Rates - November 23, 2020

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for 1ST MISSISSIPPI

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Connecticut 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Learn More
AmeriSave Mortgage Corporation
NMLS ID: 1168
2.588% 2.500% 1.00 $2,902 $988 Learn More
NMLS ID: 2890
License#: 13256
2.557% 2.500% 0.75 $1,868 $988 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info
People's United Bank, N.A.
People's United Bank, N.A.
See Table
4.000 %
$0 Learn More
More Info

To upload and update your bank's rates please register. It is free to register and add rates.


Below are 1st Mississippi branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

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1st Mississippi Locations

Financial Details

1st Mississippi Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of 1st Mississippi. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
1st Mississippi U.S. Average
2.88% 6.71

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 30, 2020, 1st Mississippi had $497,376 in non-current loans and $61,669 in owned assets. To cover these potential losses it had $19,195,844 in net worth and $214,682 in loans loss reserves. That gives it a Texas Ratio of 2.88%.

Net Worth
1st Mississippi U.S. Average
30.77% 13.61%

1st Mississippi FCU has a net worth of 30.77% versus the BestCashCow average of 13.61. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About 1st Mississippi

Branches and Savings

What is 1st Mississippi?

A federal credit union, registered with the NCUA under certificate #21073.
Learn more about credit unions here.

Is 1st Mississippi FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join 1st Mississippi?

Please see Field of Membership information above for information on who is eligible to join.

What are 1st Mississippi's share account and share certificate rates?

1st Mississippi's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is 1st Mississippi?

1st Mississippi has total capital of $19.20 million. Full information on 1st Mississippi's financial position is located above.

Who owns 1st Mississippi?

Credit Unions are owned by their members.

Where are 1st Mississippi branches located?

See branch locations nearby.

Are 1st Mississippi ATMs Open 24/7?

Do 1st Mississippi ATMs accept cash deposits?

Can 1st Mississippi customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does 1st Mississippi have a mobile app?

Does 1st Mississippi have mobile deposit?

Does 1st Mississippi have quick pay?

How can 1st Mississippi transfer money to other banks or credit unions?

Does 1st Mississippi report to credit bureaus?

Does 1st Mississippi use Chexsystems?

Does 1st Mississippi use Equifax?

What is 1st Mississippi's toll free phone number?

What is 1st Mississippi's ACH Routing Number?

What is 1st Mississippi's SWIFT code?

Where can I find 1st Mississippi's wire transfer form?

What is the 1st Mississippi address for deposits?

What Products Does 1st Mississippi Offer

Does 1st Mississippi offer mortgages?

Compare mortgage rates here.

Does 1st Mississippi offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does 1st Mississippi offer auto and RV loans?

Compare auto loan rates here.

Does 1st Mississippi offer student loans or personal loans?

Compare personal loan rates here.

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