Mississippi

Credit Unions are financial cooperatives, owned by and operated for the benefit of members. All earnings are shared with members in the form of lower or no fees for services and lower interest costs on loans.

Mississippi credit unions paid $37.9 million in federal and state taxes in 2020. Mississippi credit union members paid an additional $8.1 billion in federal and state income taxes.

91%
of Credit Unions Offering Financial Counseling
2 out of 3
Credit Unions CEOs are Women
81%
of Credit Unions are Low-Income Designated
675,610
Credit Union Members
72
Total # of Credit Unions
$1.2B
Contribution to Mississippi's Economy