Mississippi Business Journal » credit unions

Fertitta tapped for board

MBJ Staff — Sat, 09 Mar 2013 05:54:09 +0000

Robert A. Fertitta, CFO of Navigator Credit Union in Pascagoula, has been appointed to a three-year term on the board of directors for the $4.2-billion Corporate One Federal Credit Union of Columbus, Ohio. Fertitta has been employed with Navigator since 1997 and, throughout his service, has managed diverse departmental operations including risk management, electronic [...]

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Read August 13 issue of MBJ

MBJ Staff — Thu, 09 Aug 2012 19:18:34 +0000

>> CLASS CRUNCH Experts: Troublesome nursing faculty shortage to get worse— By Clay Chandler Also in this week’s paper: >> KEMPER UPDATE PSC to examine formula rate plans for Entergy, Miss. Power— by Clay Chandler >>TECHNOLOGY Google shares the ‘how-to’s’ of getting your business online— by Ted Carter >>MDA New chief cites potential in energy, medical [...]

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Keesler FCU gets five-star rating from Bauer Financial

MBJ Staff — Thu, 26 Jan 2012 19:15:54 +0000

BILOXI — Bauer Financial Inc. has ranked Keesler Federal Credit Union as a “Superior 5-Star” credit union. “The recent uproar against big banks has shed a whole new light on the credit union model, said Karen L. Dorway, president of Bauer Financial. “While the primary focus of the big banks is dividend payments, smaller banks and credit [...]

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Credit union opens Stone County office

MBJ Staff — Tue, 13 Dec 2011 17:57:41 +0000

WIGGINS — Biloxi-based Keesler Federal Credit Union has opened its newest location in Stone County. The new facility is located at 1107 East Frontage Road, Suite A, in Wiggins. Keli Saucier is the branch manager with Merry Gress and Rachel Riley as the financial services representatives. Tellers for the branch are Nikki Craft and Melissa [...]

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HOPE approved as first Community Advantage lender

MBJ Staff — Thu, 08 Dec 2011 18:06:23 +0000

JACKSON — The U.S. Small Business Administration (SBA) has approved Hope Enterprise Corporation (HOPE) as its first lender in the Community Advantage Loan program in Mississippi. HOPE CEO Bill Bynum said, “For small, rural and minority entrepreneurs, financing can be the most elusive resource. With the Community Advantage program, we can help even more companies [...]

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Credit union approved to expand its field of membership

MBJ Staff — Thu, 01 Dec 2011 18:00:03 +0000

JACKSON — Mississippi Postal Employees Federal Credit Union (MPEFCU) has been granted approval from the National Credit Union Administration (NCUA) to expand its field of membership to include federal government civil industry employees and retirees in the State of Mississippi. In addition to the thousands of postal service employees the credit union currently serves, under [...]

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Keesler FCU earns five stars from Bauer Financial

MBJ Staff — Thu, 04 Aug 2011 16:32:56 +0000

BILOXI — Keesler Federal Credit Union has been awarded a 5-Star Superior rating by Bauer Financial Inc. This is the highest rating of strength and performance that a credit union can receive. Karen L. Dorway, president of Bauer Financial, said, “With its impressive capital levels, an enviable loan portfolio and low delinquent loan levels, Keesler [...]

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Valued Members FCU goes into conservatorship

Ted Carter — Thu, 05 May 2011 16:46:27 +0000

JACKSON — National Credit Union Administration regulators who took over troubled Valued Members Federal Credit Union’s Jackson, Canton and Lena locations yesterday say they hope the $9-million institution can be returned to the control of its members. The alternative is to arrange a transfer of the assets of the 2,030-member credit union to another credit union [...]

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ECD changes name to Hope Enterprise Corporation

Wally Northway — Thu, 27 Jan 2011 19:46:16 +0000

JACKSON — Enterprise Corporation of the Delta (ECD) has adopted a new name: Hope Enterprise Corporation. The change, which became effective Jan. 1, reflects the organizations geographic expansion beyond the Delta to other distressed areas in the Mid South and its sponsorship of Hope Credit Union, a community development credit union. Collectively, the organizations will [...]

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Credit union earns highest financial rating

Wally Northway — Tue, 11 Jan 2011 14:20:32 +0000

BILOXI — BauerFinancial Inc. has awarded Keesler Federal Credit Union its highest rating — five stars. To earn the 5-Star Superior rating, Keesler Federal Credit Union must excel in areas of capital adequacy and delinquent loan levels. Keesler Federal Credit Union is the largest Mississippi-based credit union in the state, with assets of $1.9 billion. [...]

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