Data Source: NCUA, December 31, 2016
Mutual Credit Union was founded in 1931. Headquartered in Vicksburg, Mississippi, Mutual Credit Union is a state chartered and federally insured credit union, being chartered in Mississippi and insured through the National Credit Union Share Insurance Fund (NCUSIF). Mutual Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.
As of December 31, 2016, Mutual Credit Union services 20,290 members through its 5 offices and branches and 58 full-time employees. It has $195,523,168 of total assets and $19,595,871 of net worth. Based on its asset size and net worth ratio, Mutual Credit Union is classified as a Well Capitalized medium large credit union.
Mutual Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Mutual Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.
The following two tables list the deplitory and loan interest rates of Mutual Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Mississippi and in the nation.
Major Deplitory Accounts and Interest Rates (%)
Major Loan Accounts and Interest Rates (%)
Mutual Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Mutual Credit Union.
Electronic Banking Service Offerings
As a community financial institution, Mutual Credit Union actively involves in local communities by prliding services such as financial counseling, financial education, and first tim home buyer programs.
Community and other Service Offerings
Clay Street Branch
4210 Clay St
Vicksburg, MS 39183-3438
503 E Main St
Raymond, MS 39154-9700
Mutual Credit Union
1604 Cherry St
Vicksburg, MS 39180
South Frontage Road Branch
2086 S Frontage Rd
Vicksburg, MS 39180
Yazoo City Branch
1505 Grand Ave
Yazoo City, MS 39194-2431