Chartered in 1931, Mutual Credit Union is Mississippi’s oldest credit union, and one of the Southeast’s most respected. Through the years, our State chartered financial institution has grown from humble beginnings into a world-class financial services organization with over 21,000 active members and over $188 million in assets.

Mutual Credit Union serves those who LIVE, WORK, WORSHIP, VOLUNTEER, or ATTEND SCHOOL in Warren, Hinds, Yazoo, Issaquena, Sharkey, Claiborne and Copiah Counties.  Offering the complete continuum of consumer financial services, Mutual Credit Union provides members with the same level of service as commercial banks for substantially less cost. Whether it’s below commercial bank rates on loans or the lowest possible fees on share draft (checking) accounts, Mutual Credit Union members invariably get more for their money.

Working closely with our members, Mutual Credit Union has continually evolved to meet their changing needs. For instance, we are aggressive when it comes to adopting the latest technology. We were the fourth credit union in the entire United States to offer online account access and related Internet services. But perhaps the most important benefit Mutual Credit Union members realize is a personal connection with the organization and its employees. We are based in Vicksburg, Mississippi, and that’s where all of our decisions are made. In turn, our members enjoy easy access to local decision makers, as well as the peace-of-mind that comes from doing business with the area’s only “hometown” financial institution.

In short, we hold each member in high regard, and we trust it’s safe to say, “Mutual Credit Union has a Tradition of Value.”

Mutual Credit Union relies on 12 volunteers to look to the best interest of its members.

The Board of Directors is comprised of 9 volunteers with 3 year staggered terms who are elected by the MCU members at the annual meeting.

While Mutual Credit Union has a CEO, President and staff to manage the day-to-day affairs and direction of the credit union, the Board of Directors is tasked with the general management of affairs, funds and records of Mutual Credit Union.

Along with the Board of Directors, the Supervisory Committee is made up of 3 volunteers also elected to 3 years terms at the annual meeting.  The Supervisory Committee is responsible for the auditing of receipts, disbursements, income, assets and liabilities of the credit union.

In compliance with the bylaws of Mutual Credit Union, a meeting is held each year prior to March 31st where all members of the credit union are urged to attend and participate in determining the direction of the credit union. The annual meeting is the time for volunteer elections – every year 3 board member seats and 1 supervisory committee seat comes up for re-election and the members of the credit union vote for the candidates to sit on the Board of Directors and Supervisory Committee.  This is one of the special actions that makes being a member of a credit union unique and rewarding.

Members have a say in the future of the credit union by selecting the Board of Directors. We also have a lot of fun at our annual meetings; with food, games and prizes, taking part in the future of your financial institution couldn’t be more rewarding!

Welcome to a new way of banking, that has been our way since 1931 – members helping members, where our focus is YOU!

For more information visit Mutual Credit Union’s website.