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MAGNOLIA FEDERAL CREDIT UNION

MAGNOLIA FEDERAL CREDIT UNION
RSSD ID 22972 | CHARTER 224
240 Briarwood Dr Quarter Ended : 2025-09-30
Jackson, MS, 39206 Agency Update : 2025-10-27
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 : 21,438 Potential Members : 579,164
Full-time Employees : 57 Part-time Employees : 0

Financial Reports
Statement of Financial Condition Report
Statement of Income and Expense Report
:· All Financial Reports ...

Financial Fast Facts
Balance Sheet
Income Statement (ytd)
Total Assets173,872,773
Total Interest Income7,854,829
Total Liabilities 133,604,618
Total NonInterest Income5,888,034
Total Shares and Deposits134,109,136
Total Interest Expense576,623
Total Equity 40,208,937
Total NonInterest Expense7,189,253



PCA Net Worth
Loans & Leases
Total Net Worth36,905,510
Total Number15,037
Net Worth Ratio21.23
Total Amount 122,425,867
Net Worth ClassificationWell Capitalized
Total Delinquent(60+ Days) Number268


Total Delinquent(60+ Days) Amount825,156





 

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Source of Data: FDIC, FRB, NCUA, OCC, SEC, U.S. Department of the Treasury