MUTUAL Credit Union Profile

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MUTUAL

Charter #24948 | NCUA Region 2 | FCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (601) 636-7523

Fax: (601) 630-9035

Founding Date: N/A

Website: http://www.mutualcu.org

Personnel & Operations

President: Dean, Jerry

Manager: Mathews, Michael

FT Employees: 126

PT Employees: 5

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 98

Branches: 12

Hours: 8:30-5 M-T/8:30-5:30 F

Credit Union Profile Summary

MUTUAL is a FCU Credit Union. With a total of 42,854 members [1], this institution manages approximately $486,970,403 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 14.26% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 64.58% [1].

Financial Snapshot

Total Assets [1]
$486,970,403

Total economic resources.

Total Loans [1]
$264,748,965

Total value of outstanding loans.

Total Deposits [1]
$428,628,699

Total funds deposited by members.

Members [1]
42,854

Number of active members.

Performance Ratios

Net Worth Ratio [1]
14.26%

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]
1.12%

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

Loan-to-Share Ratio [1]
61.77%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
56.67%

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

Loan Growth (4Q) [1]
64.58%

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

Member Growth (4Q) [1]
77.94%

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

Headquarters Location & Map

Headquarters Address

1604 Cherry St

Vicksburg, MS, 39180

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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