Credit union
Hope Credit Union
Jackson, Mississippi, Rankin County, MS
$881M in total assets and 49,735 members, the 525th largest of 4,298 US credit unions and 2nd of 55 headquartered in Mississippi.
- NCUA charter
- 24829
- Charter
- Federal
- Chartered
- 1995
- NCUA insured since
- 1995
- Field of membership
- Multiple common bond - primarily faith based
- Low-income designation
- Yes
- Website
- https://www.hopecu.org
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 | $881M | 98% | $186M | |
| Loans | $627M | 98% | $118M | |
| Deposits (shares) | $629M | 98% | $142M | |
| Members | 49,735 | 98% | 21,013 | |
| Return on assets | 0.03% | 2% | 0.90% | |
| Net interest income to assets | 2.94% | 9% | 4.58% | |
| Efficiency ratio | 83.5% | 82% | 74.0% | |
| Net worth ratio | 16.18% | 46% | 16.22% | |
| Loans to shares | 100% | 98% | 78% | |
| Cost of deposits | 2.17% | 98% | 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 16.9% a year over 10 years and 16.5% a year over the last 5, including 5 mergers in the last 10 years. Membership grew 6.9% a year over 5 years, to 49,735.
Dashed lines mark larger mergers, listed below.
Mergers and acquisitions
| Closed | Absorbed | Assets at last filing |
|---|---|---|
| Oct 2025 | 1st Choice Credit Union Credit union, Atlanta, GA | $31M |
| Jan 2024 | New Pilgrim Federal Credit Union Credit union, Birmingham, AL | $1M |
| Nov 2017 | Tri-Rivers Federal Credit Union Credit union, Montgomery, AL | $14M |
| Apr 2017 | B & W Miss. Employees Federal Credit Union Credit union, West Point, MS | $7M |
| Apr 2017 | Michoud Credit Union Credit union, New Orleans, LA | $4M |
| Oct 2010 | East Central Federal Credit Union Credit union, Louisville, MS | $3M |
Where they operate
15 branches in 12 counties.
1 of 15 branch locations are approximate (ZIP code centers).
Largest counties by branches
| County | Branches | Share of all branches | Rank |
|---|---|---|---|
| Montgomery County, AL | 2 | 2.6% | 11 of 29 |
| Hinds County, MS | 2 | 2.3% | 10 of 31 |
| Shelby County, TN | 2 | 0.7% | 31 of 66 |
| Jefferson County, AL | 1 | 0.4% | 36 of 67 |
| Crittenden County, AR | 1 | 5.9% | 6 of 9 |
| Pulaski County, AR | 1 | 0.4% | 37 of 54 |
| Orleans Parish, LA | 1 | 0.8% | 22 of 49 |
| Leflore County, MS | 1 | 7.7% | 5 of 8 |
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 | 23 | |
| 2017 | 27 | +4 |
| 2018 | 28 | +1 |
| 2019 | 29 | +1 |
| 2020 | 24 | −5 |
| 2021 | 24 | 0 |
| 2022 | 24 | 0 |
| 2023 | 24 | 0 |
| 2024 | 25 | +1 |
| 2025 | 25 | 0 |
| Jun 2026 | 15 | −10 |
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 | 1.96% | 0.59% |
| Net worth ratio | 16.18% | 16.22% |
| Loans to shares | 100% | 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 Montgomery County, AL
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.