Credit union
Centuryfirst Federal Credit Union
Hattiesburg, Mississippi, Forrest County, MS
$145M in total assets and 16,069 members, the 1,522nd largest of 4,298 US credit unions and 10th of 55 headquartered in Mississippi.
- NCUA charter
- 24668
- Charter
- Federal
- Chartered
- 1956
- NCUA insured since
- 1975
- Field of membership
- Multiple common bond - primarily educational
- Low-income designation
- Yes
At a glance
Compared with 11 federally insured credit unions in Mississippi with $100 million to $1 billion in assets, as of June 30, 2026.
| Measure | This credit union | Percentile | Peer range, middle 90% | Peer median |
|---|---|---|---|---|
| Total assets | $145M | 27% | $211M | |
| Loans | $111M | 36% | $127M | |
| Deposits (shares) | $125M | 27% | $190M | |
| Members | 16,069 | 36% | 24,411 | |
| Return on assets | 0.90% | 54% | 0.74% | |
| Net interest income to assets | 5.62% | 98% | 4.49% | |
| Efficiency ratio | 69.6% | 27% | 77.7% | |
| Net worth ratio | 13.86% | 27% | 16.22% | |
| Loans to shares | 89% | 82% | 78% | |
| Cost of deposits | 2.15% | 91% | 1.43% |
Ratios are annualized from year-to-date figures. Return on assets uses average assets, as NCUA does. Cost of deposits includes dividends on shares.
Growth
Total assets grew 13.7% a year over 10 years and 20.0% a year over the last 5, including 4 mergers in the last 10 years. Membership grew 15.5% a year over 5 years, to 16,069.
Dashed lines mark larger mergers, listed below.
Mergers and acquisitions
| Closed | Absorbed | Assets at last filing |
|---|---|---|
| Aug 2025 | Securtrust Federal Credit Union Credit union, Southaven, MS | $48M |
| Jun 2024 | Forrest County Teachers Federal Credit Union Credit union, Hattiesburg, MS | $191K |
| Dec 2023 | Elevator Federal Credit Union Credit union, Olive Branch, MS | $16M |
| Nov 2019 | Miller Transporters Federal Credit Union Credit union, Jackson, MS | $3M |
| May 2016 | Forrest-Petal Educational Federal Credit Union Credit union, Hattiesburg, MS | $1M |
| Dec 2015 | Hattiesburg-Laurel Federal Credit Union Credit union, Hattiesburg, MS | $8M |
Where they operate
7 branches in 5 counties.
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| Forrest County, MS | 3 | 7.7% | 4 of 20 |
| Desoto County, MS | 1 | 1.4% | 16 of 27 |
| Hinds County, MS | 1 | 1.1% | 17 of 31 |
| Jones County, MS | 1 | 4.3% | 7 of 11 |
| Tate County, MS | 1 | 9.1% | 2 of 9 |
Credit unions do not report deposits by branch, so these are branch counts: this credit union's branches against every bank and credit union branch in the county. Rank is among all banks and credit unions with a branch there.
Branches by year
| Year end | Branches | Change |
|---|---|---|
| 2016 | 5 | |
| 2017 | 5 | 0 |
| 2018 | 5 | 0 |
| 2019 | 6 | +1 |
| 2020 | 6 | 0 |
| 2021 | 6 | 0 |
| 2022 | 6 | 0 |
| 2023 | 7 | +1 |
| 2024 | 7 | 0 |
| 2025 | 9 | +2 |
| Jun 2026 | 7 | −2 |
Member-serving offices as listed in NCUA call reports. Changes include branches gained in mergers.
Earnings and credit
Return on assets
Year to date, annualized, with the peer median.
Credit and capital
| This credit union | Peer median | |
|---|---|---|
| Delinquent loans, 60+ days | 1.80% | 0.59% |
| Net worth ratio | 13.86% | 16.22% |
| Loans to shares | 89% | 78% |
Delinquent loans are two or more months past due. Net worth is NCUA's capital measure for credit unions.
Related
Credit unions of similar size in Mississippi
Most branches in Forrest County, MS
Figures as of June 30, 2026 from the credit union's NCUA call report (Form 5300), NCUA's credit union locator and FFIEC merger records.