MIL-WAY Credit Union Profile

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MIL-WAY

Charter #24197 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (870) 772-0661

Fax: (870) 773-0126

Founding Date: N/A

Website: http://www.milway.org

Personnel & Operations

President: Norton, Ricky

Manager: Brown, Allen

FT Employees: 34

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 49

Branches: 4

Hours: M-F 9 AM - 5 PM

Credit Union Profile Summary

MIL-WAY is a FCU Credit Union. With a total of 12,815 members [1], this institution manages approximately $183,796,044 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 10% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -2.18% [1].

Financial Snapshot

Total Assets [1]
$183,796,044

Total economic resources.

Total Loans [1]
$88,814,008

Total value of outstanding loans.

Total Deposits [1]
$164,080,644

Total funds deposited by members.

Members [1]
12,815

Number of active members.

Performance Ratios

Net Worth Ratio [1]
10%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
0.44%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
54.13%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
7.36%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-2.18%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
0.85%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

2000 ARKANSAS BLVD

TEXARKANA, AR, 71854-1616

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 4 branches reported by MIL-WAY (Charter #24197).

Main Office

Texarkana Arkansas - Main Office Main Office

Type: Corporate Office

2000 Arkansas Blvd

Texarkana, AR 71854-1616

Phone: (870) 772-0661

Services: Member Services

Open in Directions

Additional Branches

Ashdown

Ashdown Arkansas Branch

Type: Branch Office

140 Highway 71 S

Ashdown, AR 71822-8650

Phone: (870) 898-3742

Services: Member Services, ATM, Drive-Thru

Open in Directions

Texarkana

Texarkana Arkansas - Branch

Type: Branch Office

2002 Arkansas Blvd

Texarkana, AR 71854

Phone: (870) 772-0661

Services: ATM, Drive-Thru

Open in Directions

Texarkana Texas Branch

Type: Branch Office

5001 W 7th St

Texarkana, TX 75501-6269

Phone: (903) 832-2004

Services: Member Services, ATM, Drive-Thru

Open in Directions