Mississippi

REGULATING AGENCY: Mississippi Department of Banking & Consumer Finance

Mississippi State Capitol

LEAGUE: Mississippi Credit Union Association

STATS: (As of Dec 2020)

  • TOTAL # SCUs: 4
  • TOTAL # FCUs: 66
  • SCU % OF TOTAL (SCUS #/STATE TOTAL #): 6% of 70 MS CUs
  • TOTAL $ SCU ASSETS: $813,471,422
  • TOTAL $ FCU ASSETS: $6,411,380,041
  • TOTAL ASSETS: $7,224,851,463
  • SCU % OF TOTAL ASSETS (SCUS $/STATE TOTAL $): 11%

FUN FACT: At Vicksburg, the United States Army Corps of Engineers Waterways Experiment Station is the world’s largest hydraulic research laboratory.


RECENT NEWS

Governor Reeves announces his appointment for Mississippi Bank Commissioner

March 24, 2021— Jackson, Mississippi – Governor Tate Reeves announced Tuesday that Rhoshunda Kelly will lead the Mississippi Department of Banking and Consumer Finance. Prior to this appointment to Bank Commissioner, Mrs. Kelly served as Acting Commissioner upon the retirement of the previous Commissioner and was appointed Interim Commissioner July 1, 2020.

Governor Tate Reeves stated that “Mrs. Kelly will continue to serve the people of Mississippi well in her capacity as Commissioner of Banking and Consumer Finance. Her experience and dedication to the Department will be an asset to the industry as well as the citizens who utilize the services of state-chartered banks and credit unions across Mississippi.”

Click on the title to read the full release.


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