Home
Contents
Explore
Search

Singing River Credit Union

Overview
Back to Top

Singing River Credit Union is a federal credit union based in Moss Point, Mississippi. It has been opened since 1953, for 67 years.

With around $212,990,000 in assets, Singing River Credit Union is considered to be a very large credit union. It has 5 branches and 5 ATM locations.

About
Address 6006 Highway 63
Moss Point, Mississippi 39563
Website http://WWW.SRFCU.ORG
Phone (228) 475-9531
Fax (228) 407-1025
CEO James B. Smith Jr
President of the Board Dederia Demouey
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
28,155 members
Membership type: Community credit union
Above average number of members
427:1
Credit union member to staff ratio
427 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$212,991,983
Total assets
Above average
5 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
10.99%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches
Back to Top
5 branches
Compared with an average of 4 nationally and 2 in Mississippi
Above average number of branches
Singing River Credit Union Branch Locations

Singing River Credit Union: Leakesville
400 Hardy Avenue
Leakesville, Mississippi 39451
ATM Available
Singing River Credit Union: Main Office
6006 Highway 63
Moss Point, Mississippi 39563
ATM Available
Singing River Credit Union: Pascagoula
3210 Market Street
Pascagoula, Mississippi 39567
ATM Available
Singing River Credit Union: Lucedale
201 Scott Road
Lucedale, Mississippi 39452
ATM Available
Singing River Credit Union: Airport Boulevard Branch
6151 Airport Boulevard
Mobile, Alabama 36608
ATM Available
Members
Back to Top
28,155 members
Membership type: Community credit union
Above average number of members

With 28,155 members, the Singing River Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 86% of credit unions.

Fees
Back to Top
$166
Average fee per member
The average fee per member at the Singing River Credit Union is $166, which is very high compared to most credit unions. This rate is higher than 97% 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 Singing River Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff
Back to Top
427:1
Credit union member to staff ratio
427 per each FTE employee
Compared to 411:1 nationally
Fewer staff
66 staff members
FTE (full-time equivalent)
3% of employees are part-time
65 full-time, 2 part-time

Singing River Credit Union has 65 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 97% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Singing River Credit Union has around 427 members per staff, a higher ratio compared to other credit unions.

Assets
Back to Top
$212,991,983
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.
9.2%
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
$15,730
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 82% of credit unions.

Singing River Credit Union holds a total of $186,500,000 in loans and leases, which is about $15,730 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. Singing River Credit Union pays 0.25%.

Loan rates
Back to Top
10.99%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
9.99%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
7.49%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates
Back to Top
3.49%
New car loan rate
Compared to 4.0% nationally
3.49%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates
Back to Top
4.25%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
Cm Members Credit Union
Location
Columbus, Mississippi
Members
1792
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Gulf Coast Community Credit Union
Location
Gulfport, Mississippi
Members
12,683
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Commfirst Credit Union
Location
Jackson, Mississippi
Members
2427
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Eagle Express Credit Union
Location
Jackson, Mississippi
Members
4,059
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
10.00%
Read More
Memorial Credit Union
Location
Gulfport, Mississippi
Members
1634
Assets
Net Worth Classification
Well Capitalized
Average Fee
Read More
Mutual Credit Union
Location
Vicksburg, Mississippi
Members
21,110
Assets
Net Worth Classification
Well Capitalized
Average Fee
Credit Card Loan Interest Rate
9.25%
Read More