NCUA merger report, Q1 2025

McComb merger into Magnolia Federal Credit Union

NCUA's Merger Activity and Insurance Report for Q1 2025 lists McComb, of McComb, MS, as merging into Magnolia Federal Credit Union, of Jackson, MS. NCUA records the reason as "expanded services".

Members of McComb become members of Magnolia Federal Credit Union. Watch for its notice on new account numbers, cards and online banking.

The two credit unions side by side

MeasureMcCombMagnolia Federal Credit UnionQ2 2026
Assets$6.0M$185.6M
Members–21,013
Net worth ratio–23.43%
Offices–5
Paid on deposits–0.77%
New auto loan rate–5.00%
Fee income per member–$112

Figures for McComb are from NCUA's merger report; this page carries only its size and capital. Assets for the report quarter: $6.0M merging, $156.2M continuing.

On our member-value score, built only from call-report data, Magnolia Federal Credit Union scores 32.8 out of 100.

Magnolia Federal Credit Union offices near McComb

From NCUA's branch file for Q2 2026, in McComb first and then elsewhere in MS. Every Magnolia Federal Credit Union location

Flowood, MS 1

  • Flowood Service Center 2847 Lakeland Dr, Flowood, MS 39232 601-977-8300 · M-F 8-5:30 Drive-through · ATM

Jackson, MS 1

  • Main 240 Briarwood Dr, Jackson, MS 39206 601-977-8300 · M-T 8-4:30 F 8-5:30 Main office · Drive-through · ATM

Madison, MS 1

  • Madison Service Center 1770 Highway 51, Madison, MS 39110 601-977-8300 · MTWT 8:00-4:30 F 8:00-5:30 Drive-through · ATM

McComb, MS 1

  • McComb Branch 913 Delaware Ave, McComb, MS 39648 601-977-8300 · 8:00 - 4:30 M-T 8:00 - 5:30 Friday ATM

Morton, MS 1

  • Morton Branch 5134 Highway 80, Morton, MS 39117 601-977-8300 · Monday - Thursday 8:00am - 4:30pm ; Friday 8:00am - 5:30pm. Drive-through

Source: NCUA Merger Activity and Insurance Report, Q1 2025, and NCUA 5300 call reports. The report quarter is when the approval was listed; the merger may take effect later. Not affiliated with NCUA or either credit union. · All recent mergers · Magnolia Federal Credit Union full figures

Questions people ask

Did McComb merge?

Yes. NCUA's Merger Activity and Insurance Report for Q1 2025 lists McComb, of McComb, MS, as merging into Magnolia Federal Credit Union, of Jackson, MS.

Why did McComb merge?

NCUA records the reason as "expanded services". That is the category NCUA's report gives; the credit unions' own merger notice to members explains it in more detail.

What happens to my McComb account?

Members and their accounts move to Magnolia Federal Credit Union, which becomes your credit union. Account numbers, the routing number, cards, checks and online banking can change; the notice Magnolia Federal Credit Union sends members gives the dates. Keep using your current details until it tells you otherwise.

Is my money still insured?

Yes. Magnolia Federal Credit Union is federally insured by NCUA, which covers deposits up to $250,000 per owner, per insured credit union, for each account ownership category. If you also had accounts at Magnolia Federal Credit Union before the merger, your balances are now at one credit union.