Mississippi State University

University credit union now federally chartered

University employees now have more options since the recent merger of the Mississippi State credit union with the Jackson U.S. Department of Agriculture Federal Credit Union.

Formerly a state-chartered agency, the Mississippi State branch can now offer additional services.

"Before we could only offer savings accounts and limited loans, such as signature and automobile loans," explains manager Pat Etheridge. "Now, we have mortgage and real estate loans available, as well as checking accounts."

While some loans, such as mortgages, must be approved through the main Jackson office, Etheridge says all paperwork can be completed in the Lloyd-Ricks office.

Among the services now available through the university credit union are:

Interest-bearing savings accounts
Investment management accounts
Certificates of deposit
Christmas clubs
Individual Retirement Accounts
Direct deposit
Payroll deduction

Regular Visa cards as well as Visa debit cards are available. The debit cards allow customers to access their checking accounts.

Options for low-interest loans include:

New and used auto loans
Boat loans
Recreational vehicle loans
Signature/overdraft protection/line-of-credit loans
Student loans
First and second mortgages
Share secured loans

Credit union members may use automatic teller machine cards to access their accounts and can have help at their fingertips 24 hours a day through the Jackson office's Flash Talk “800” telephone service.

Checking accounts (share draft accounts) are available with no minimum balance, no monthly service charge, an unlimited number of checks written each month, and overdraft protection from savings account or line-of-credit loans.

Also available through checking accounts are Visa debit cards, pre-authorized drafts for insurance premiums, utility bills or mortgage payments, and detailed monthly statements.

Other services include life insurance and loan protection insurance.

The Mississippi State branch of the Jackson USDA Federal Credit Union is located in 13 Lloyd-Ricks. The office is open Monday, Tuesday, Wednesday, and Friday, 8:30 a.m.-noon, and on Thursday, 12:30-4 p.m.

For more information on joining the credit union, contact Pat Etheridge at 325-3940.

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This World Wide Web version of MSU Memo was modified and updated by Chris Brown.
For information about Mississippi State University, contact msuinfo@ur.msstate.edu

Last modified: Friday, 14-Jun-2002 15:59:22 CDT.
URL: http://msuinfo.ur.msstate.edu/msu_memo/1994/6-23-94/credit.htm
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