Home
Contents
Explore
Search

Central Sunbelt Credit Union

Overview
Back to Top

Central Sunbelt Credit Union is a federal credit union based in Laurel, Mississippi. It has been opened since 1953, for 67 years.

With around $211,820,000 in assets, Central Sunbelt Credit Union is considered to be a very large credit union. It has 9 branches and 9 ATM locations.

About
Address 1506 Congress Street
Laurel, Mississippi 39440
Website http://www.sunbeltfcu.org
Phone (601) 649-7181
Fax (601) 428-8771
CEO W. Christopher Hammond
President of the Board Chris Diabin
Services Offered
Map
Back to Top
Score Card
Back to Top
67 years
Years in business
Opened in 1953
Well Capitalized
Net worth classification
Source: NCUA
35,734 members
Membership type: Multiple common bond – other
Above average number of members
406:1
Credit union member to staff ratio
406 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$211,822,632
Total assets
Above average
9 branches
Compared with an average of 4 nationally and 2 in Mississippi
Above average number of branches
0.25%
Savings interest rate
Compared to 0.3% nationally
14.58%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
Back to Top
9 branches
Compared with an average of 4 nationally and 2 in Mississippi
Above average number of branches
Central Sunbelt Credit Union Branch Locations

Central Sunbelt Credit Union: Waynesboro
345 Central Road
Waynesboro, Mississippi 39367
ATM Available
Central Sunbelt Credit Union: Magee
706 3rd Avenue SW
Magee, Mississippi 39111
ATM Available
Central Sunbelt Credit Union: Petal
1859 Evelyn Gandy Parkway
Hattiesburg, Mississippi 39401
ATM Available
Central Sunbelt Credit Union: Aston Avenue
1417 Aston Avenue
Mccomb, Mississippi 39648
ATM Available
Central Sunbelt Credit Union: Congress Street
1506 Congress Street
Laurel, Mississippi 39440
ATM Available
Central Sunbelt Credit Union: Ellisville
615 Hill Street
Ellisville, Mississippi 39437
ATM Available
Central Sunbelt Credit Union: Sawmill Square
734 Sawmill Road
Laurel, Mississippi 39440
ATM Available
Central Sunbelt Credit Union: Westover Drive
112 S. Westover Drive
Hattiesburg, Mississippi 39402
ATM Available
Central Sunbelt Credit Union: Lincoln Road
1857 Lincoln Road
Hattiesburg, Mississippi 39402
ATM Available
Members
Back to Top
35,734 members
Membership type: Multiple common bond – other
Above average number of members

With 35,734 members, the Central Sunbelt Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 88% of credit unions.

Fees
Back to Top
$213
Average fee per member
The average fee per member at the Central Sunbelt Credit Union is $213, which is very high compared to most credit unions. This rate is higher than 99% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Central Sunbelt Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
Back to Top
406:1
Credit union member to staff ratio
406 per each FTE employee
Compared to 411:1 nationally
Fewer staff
88 staff members
FTE (full-time equivalent)
0% of employees are part-time
88 full-time, 0 part-time

Central Sunbelt Credit Union has 88 full-time staff members and 0 part-time staff members.

The number of members relative to staff members is an indication of how well staffed the credit union is. Central Sunbelt Credit Union has around 406 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.

Assets
Back to Top
$211,822,632
Total assets
Above average
Net worth
Back to Top
Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
18.0%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases
Back to Top
$7,137
Average loan and lease size
Loan & lease sizes are small. They are smaller than at 77% of credit unions.

Central Sunbelt Credit Union holds a total of $94,240,000 in loans and leases, which is about $7,137 per member on average.

Savings interest rate
Back to Top
0.25%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Central Sunbelt Credit Union pays 0.25%.

Loan rates
Back to Top
14.58%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
13.29%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
6.49%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
Back to Top
6.18%
New car loan rate
Compared to 4.0% nationally
5.91%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
Back to Top
4.00%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
5.60%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
Northeast Mississippi Credit Union
Location
Amory, Mississippi
Members
948
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Jackson Area Credit Union
Location
Jackson, Mississippi
Members
11,784
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
8.90%
Read More
Muw Employees Credit Union
Location
Columbus, Mississippi
Members
881
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Twin States Credit Union
Location
Columbus, Mississippi
Members
1762
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Mississippi Dhs Credit Union
Location
Jackson, Mississippi
Members
2193
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
8.99%
Read More
Biloxi Teachers Credit Union
Location
Biloxi, Mississippi
Members
1511
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More