1st Mississippi

600 19th Ave
Meridian, MS 39301

Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 21073
Date Established 1972
Assets $58.62 million
Loans $18.03 million
Deposits $41.06 million
Capital $17.28 million

1st Mississippi is an NCUA insured institution located in Meridian, MS. It was founded in 1972 and has approximately $58.62 millions in assets.

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

Your Current Location: Virginia, VA 20146

CD Rates (Share Certificate Rates) APY MIN MAX
06MCD10K
0.75% $500 $94,999 Learn MoreShow Less
Savings Rates (Share Account Rates) APY MIN MAX
Fixed IRA Rates APY MIN MAX
FIXIRA0K
0.95% $500 $94,999 Learn MoreShow Less
MM Rates APY MIN MAX
MM 10K
0.25% $7,500 $24,999 Learn MoreShow Less
MM 25K
0.30% $25,000 $49,999 Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg 0K
0.05% $1,000 - Learn MoreShow Less

Loan Rates

Your Current Location: Virginia, VA 20146

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 - Virginia 30 Year Fixed Mortgage Rates 2018

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com NMLS#2890
NMLS ID: 2890
License#: MC-3098
3.930% 3.875% 0.25 $1,800 $1,176 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
4.570% 4.500% 0.50 $2,049 $1,267 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2018

Lender Rate (%) Monthly Payment Learn More
Third Federal Savings & Loan Assoc. of Cleveland 3.490% $224.24 Learn More
Flagstar Bank 5.240% $275.79 Learn More

Note to 1ST MISSISSIPPI
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

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.

Your Location:
Ashburn,Virginia


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
2.33% 6.15%

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 June 30, 2017, 1st Mississippi had $330,712 in non-current loans and $73,050 in owned assets. To cover these potential losses it had $17,277,297 in net worth and $80,227 in loans loss reserves. That gives it a Texas Ratio of 2.33%.

Net Worth
1st Mississippi U.S. Average
29.47% 13.03%

1st Mississippi FCU has a net worth of 29.47% versus the BestCashCow average of 13.03. 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 On 1st Mississippi

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 $17.28 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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