Charter 24948 · Vicksburg, MS
Mutual Federal Credit Union
Mutual Federal Credit Union is a federally chartered credit union in Vicksburg, Mississippi, with $529 million in assets and 42,917 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 13.98%, well above the 7% that NCUA's rules treat as well capitalized.
Also does business as Mutual Credit Union.
- Total assets
- $529 million
- +8.5% in a year
- Members
- 42,917
- +0.1% in a year
- Net worth ratio
- 13.98%
- Peer median 10.79%
- Loans 60+ days late
- 1.08%
- Peer median 0.67%
- Loans outstanding
- $294 million
- +11.1% in a year
- Shares and deposits
- $459 million
- +7.1% in a year
- Branches
- 11
- 128 employees
- Opened
- 1931
- Federal charter
How Mutual Federal Credit Union compares
NCUA groups credit unions by size; Mutual Federal Credit Union is in the group with $500 million and up (759 credit unions). Its net worth ratio of 13.98% is higher than that group's median of 10.79%, and its share of loans 60 or more days past due, 1.08%, is higher than the group median of 0.67%. Loans grew 11.1% over the year to Q2 2026, against a group median of 5.3% growth.
By assets it ranks 3 of 55 credit unions headquartered in Mississippi. See all Mississippi credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $529 million | 42,917 | $294 million | 13.98% | 1.08% |
| Q1 2026 | $517 million | 42,421 | $285 million | 13.76% | 0.85% |
| Q4 2025 | $495 million | 42,845 | $284 million | 13.57% | 1.05% |
| Q3 2025 | $491 million | 43,075 | $281 million | 13.32% | 0.73% |
| Q2 2025 | $487 million | 42,854 | $265 million | 14.26% | 0.99% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 1.5 million potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 11 sites for Mutual Federal Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Mutual Credit Union (main office)
1604 Cherry St, Vicksburg, MS 39180 - Clay Street
4210 Clay St, Vicksburg, MS 39183 - South Frontage Road Branch
2086 S Frontage Rd, Vicksburg, MS 39180 - Raymond
503 E Main St, Raymond, MS 39154 - Yazoo City Branch
1505 Grand Ave, Yazoo City, MS 39194 - Columbus
108 Alabama St, Columbus, MS 39702 - Clinton
500 Clinton Center Drive, Clinton, MS 39056 - Grenada
960 J K Avent Drive, Grenada, MS 38901 - Jackson Avenue
1101 Jackson Avenue, Oxford, MS 38655 - Ridgeland
325 Commerce Center Drive, Ridgeland, MS 39157 - UMMC
100 Alumni Drive, Jackson, MS 39216
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology