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 unions [...] [...]
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 Hodges.
A [...] [...]
by MBJ Staff Published: December 8,2011
Tags: banking and finance, Banks, community development, credit unions, economic development, federal government, financial institutions, jobs, lending, loans, small businesses
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 stabilize, [...] [...]
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 the [...] [...]
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 Federal Credit [...] [...]
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 willing [...] [...]
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 be [...] [...]
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. Serving over [...] [...]
JACKSON — Hope Federal Credit Union has closed a $4.52-million secondary capital investment through the Treasury Department’s Community Development Capital Initiative.
According to Hope, it is one of the first credit unions to participate in this program, and will use the funds to increase financing to small businesses and home owners and promote development in economically [...] [...]
Editor,
I am writing in response to your Feb. 22 article (“Bye-bye Banks? Credit Unions Are the Hot Thing”) that contends that credit unions offer consumers a distinct advantage over banks. This article does not contain any comment from the banking industry. I write on behalf of Mississippi’s banks to provide important facts (not included [...] [...]
Loading ...