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MAGNOLIA FEDERAL CREDIT UNION

MAGNOLIA FEDERAL CREDIT UNION
RSSD ID 22972 | CHARTER 224
240 Briarwood Dr Quarter Ended : 2025-12-31
Jackson, MS, 39206 Agency Update : 2026-01-28
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 : 21,178 Potential Members : 579,164
Full-time Employees : 54 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 Assets178,526,458
Total Interest Income10,764,087
Total Liabilities 136,396,760
Total NonInterest Income8,665,619
Total Shares and Deposits134,810,624
Total Interest Expense818,902
Total Equity 42,148,042
Total NonInterest Expense9,620,022



PCA Net Worth
Loans & Leases
Total Net Worth38,975,498
Total Number14,600
Net Worth Ratio21.83
Total Amount 119,803,708
Net Worth ClassificationWell Capitalized
Total Delinquent(60+ Days) Number260


Total Delinquent(60+ Days) Amount732,738





 

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