Ferguson Credit Union Magee MS | Affordable Auto Loans & Quick Personal Loans

Introduction

Welcome to Ferguson at the Magee Branch, located at 277 11th Ave SW, Magee, MS 39111. Since opening our doors in 1968, we have proudly served our community with a commitment to providing reliable financial solutions tailored to the needs of our members. With over 10,300 members and total assets amounting to $91,574,750, we are dedicated to enhancing your financial well-being. At Ferguson, we understand that every member's journey is unique. Whether you're looking for a personal checking account, an auto loan, or business banking services, our experienced team is here to support you. Our CEO, Vernon Clevenger, along with Board President Lynell James, leads a team of 50 employees who are passionate about helping you achieve your financial goals. While members can visit us at our branch in Magee for all their banking needs, official correspondence should be sent to our mailing address: 1026 E Broad St, Monticello, MS 39654. Our commitment goes beyond just numbers; with total loans reaching 3,511 and deposits totaling $4,891,129, we strive to build lasting relationships with our members through trust and transparency. We also maintain a robust net worth of $9,966,606 and have over $2,478,195 in cash on hand to ensure we can meet the demands of our members. As you explore what Ferguson has to offer from online banking options to personalized service know that we are here for you every step of the way. Feel free to reach out at 601-587-4037 or visit us online at fergusonfcu.org for more information or assistance. Join us today and experience the difference of being part of a community-focused credit union!

Branch History & Mission

Welcome to Ferguson, a proud credit union that has been serving the community of Magee, MS, since 1968. With over 55 years of history, we have built a legacy rooted in trust and commitment to our members. Located at 277 11th Ave SW, our branch is easily accessible for anyone seeking personalized financial services in the heart of Simpson County. From our humble beginnings, we have evolved into a significant financial institution with total assets amounting to an impressive $91,574,750. Today, Ferguson proudly serves over 10,318 members, offering a wide range of services designed to meet the unique needs of our community. Our mission is straightforward: to provide quality financial products while fostering a supportive environment that enhances the lives of our members and their families. At Ferguson, we believe in making banking easier and more accessible. Our operating hours are Monday through Friday from 9:00 AM to 4:00 PM, ensuring that you can visit us at your convenience. Additionally, we are equipped with an ATM for easy cash withdrawals and offer drive-thru banking for quick transactions. For those who prefer to conduct their banking remotely, our online and mobile banking services allow you to manage your accounts from anywhere. While members can visit us at 277 11Th Ave Sw Magee Ms 39111, official correspondence should be sent to 1026 E Broad St, Monticello, MS 39654. We encourage everyone in Magee and surrounding areas to explore what Ferguson has to offer from personal checking and savings accounts to auto loans and mortgage refinancing options. Our commitment extends beyond just providing financial services; we are dedicated to uplifting our community through various outreach initiatives and partnerships. We strive to support local organizations and events that foster growth and unity within Magee. We invite you to join the Ferguson family today! Experience the benefits of being part of a credit union that truly cares about its members. For more information on membership eligibility or to open an account online, please visit us at Ferguson FCU. Your journey towards better financial health starts here!

Branch Location & Accessibility

Convenient Access

Located near the busy intersection of Main Street and 11th Avenue, our branch is easily accessible for both locals and visitors alike. You'll find ample parking available, and our facility is ADA compliant, ensuring that everyone can comfortably visit us. If you prefer not to enter the building, we also offer drive-thru banking services for quick transactions without leaving your vehicle.

Operating Hours

We know your time is valuable! That's why our lobby hours are designed to fit into your busy schedule. Join us Monday through Friday from 9:00 AM to 4:00 PM. Our friendly staff is ready to assist you during these hours with all your banking needs.

Services Offered

At Ferguson, we provide a range of services tailored to suit your financial goals. From checking and savings accounts to auto loans and credit cards with rewards, we've got you covered. Need cash quickly? Our ATM is available on-site for easy withdrawals and balance checks whenever you need it. Plus, if you're a member of another participating credit union, our shared service center allows you to conduct basic transactions like deposits and withdrawals seamlessly. If you have any questions or would like more information about our services, don't hesitate to give us a call at 601-587-4037. We're here to support you on your financial journey! While members can visit us at 277 11Th Ave Sw Magee Ms 39111, official correspondence should be sent to our mailing address: 1026 E Broad St, Monticello, MS 39654. Come see us today at Ferguson's Magee Branch we look forward to welcoming you!

Member Eligibility

Becoming a member of Ferguson is like joining a welcoming family that truly cares about your financial well-being. If you live, work, worship, or attend school in the area around 277 11Th Ave Sw Magee Ms 39111, you're already on your way to enjoying all the benefits we have to offer! We pride ourselves on being inclusive and supportive, so even if you don't meet those criteria, there may still be options for you. Membership opens the door to personalized banking services, competitive rates, and a variety of loan options tailored just for you. To find out more about who can join us, feel free to check out our detailed eligibility criteria at http://fergusonfcu.org/become-a-member . Once you're ready to take the next step toward membership, opening an account is simple and straightforward. You can start the process online by visiting http://fergusonfcu.org/online-banking-enrollment or give us a call at (601) 587-4037 if you have any questions. We're here to help you every step of the way as you embark on this exciting journey with Ferguson!

Business Banking & Commercial Services

Financing That Fuels Growth

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $47 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $2 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $4,115,321, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services for Every Need

In addition to loans, our merchant services streamline payment processing for your business. Imagine running a busy café where customers can easily pay using their phones or cards. Our services ensure that transactions are smooth and secure, allowing you to focus on what you do best serving your customers. Located conveniently at 277 11th Ave SW, Magee, MS 39111, Ferguson is ready to partner with you on your journey. Reach out to us at 601-587-4037 to learn more about how we can assist you today!

Comprehensive List Of Services

Auto Loans & Vehicle Financing

Thinking about getting a new car? Our Auto Loans & Vehicle Financing solutions provide competitive rates and flexible terms tailored to fit your budget. Imagine driving off in your dream car without the hassle of complicated financing processes our friendly team is here to guide you every step of the way.

Business Banking Services

For our business members, we offer specialized services like Merchant Services & Business Loans that support local entrepreneurs in their growth journeys. Whether you're a small business owner or managing a larger enterprise, we have the tools you need to succeed.

Convenient Access Anytime

Our commitment extends beyond traditional banking hours. With features like Online & Mobile Banking, ATM access, and basic drive-thru services for deposits and withdrawals, managing your finances has never been easier. You can even conduct basic transactions through shared branches if you're away from home. If you're ready to explore these services further or have any questions, feel free to reach out at 601-587-4037. We're here Monday through Friday from 9:00 AM to 4:00 PM to assist you! Visit us today at fergusonfcu.org and discover how Ferguson can help make your financial goals achievable!

Credit Cards That Reward You

With our Credit Cards with Rewards, you can earn points on purchases while enjoying low-interest rates. It's a great way to maximize every dollar spent imagine earning rewards just for doing your everyday shopping!

Home Financing Made Easy

When it comes to securing your home, we understand how important it is to find the right mortgage solution. Our Mortgage Loans & Refinancing options help make home ownership more attainable. Whether you're buying your first home or refinancing an existing mortgage for better rates, we're here to help turn your dreams into reality.

Personal Banking Solutions

Whether you're just starting out or looking to manage your finances more effectively, our Personal Banking options have you covered. We offer Checking & Savings Accounts that make it easy to save for a rainy day or keep your daily spending organized. With online and mobile banking features, you can check your balance, transfer funds, and pay bills from anywhere, anytime.

Personal Loans & Debt Consolidation

Life can be unpredictable. If you find yourself needing extra cash for unexpected expenses or wanting to consolidate debt, our Personal Loans & Debt Consolidation services can provide the financial relief you need. We work closely with you to create a manageable repayment plan that fits within your lifestyle.

Digital & Online Banking

Additional Features

We also offer e-statements for those who want to go paperless. With e-statements available at Yes, you can easily view and manage your account statements online, helping you stay organized while reducing clutter at home. At Ferguson, we understand that convenience matters. That's why our digital services are designed to be user-friendly, allowing you to take control of your finances with ease. Whether you're checking in on your savings or making a quick payment, we've made it simple for you. Experience the freedom of modern banking with us today!

Key Services

With our online banking platform, accessible at https://fergusonfcu.org/ , you can enjoy 24/7 access to your accounts. Check your balances, transfer funds, and pay bills anytime, anywhere. Plus, we prioritize security with features like electronic signature authorization, so you can feel confident knowing that your transactions are protected. If you prefer to manage your finances from your smartphone, our mobile application has got you covered. Easily send person-to-person transfers and make mobile payments without any hassle. It's all about giving you the flexibility to handle your banking needs on your terms.

Financial Strength

A Robust Financial Foundation

With a net worth of $9,966,606, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 10.84% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Commitment to Growth and Innovation

With $10,144,214 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our capacity to lend is evident with $35,405,108 in total loans and leases, which includes $1,012 in used auto loans tailored to help you achieve your financial goals across various sectors.

Dedicated Team

We also take pride in having 49 full-time employees and 1 part-time employee, ensuring our branches are always ready to serve you with a knowledgeable, committed team. With 18,742 total share accounts, we show a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Ferguson is your trusted partner. Visit us at 277 11Th Ave Sw Magee MS 39111 or call 601-587-4037 to learn more about how we can help you achieve your financial goals.

Operational Efficiency

While we've faced challenges reflected by our recent net income of -$522,014, we're committed to improving our operational efficiency. This dedication allows us to continue offering competitive loan rates and solid financial products for our members.

Secure Savings Options

Members' savings are secured through $28,945,403 in share certificates and $8,798,830 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $2,852, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $15,668,687 in used vehicle loans and $4,790,293 in new vehicle loans already helping members get on the road. We provide financing options that suit various budgets and preferences, whether you want a brand-new vehicle or a reliable used one. Refinancing options are also available if you're looking to lower your monthly payments.

Business Loans

For business owners, our outstanding commercial loans totaling $4,115,321 provide the capital needed to grow and expand. We're committed to supporting local businesses with competitive rates and flexible terms. At Ferguson, we strive to make the borrowing process straightforward and accessible. Our dedicated team is here to answer any questions and guide you through each step. For more information or to apply for a loan today, please contact us at 601-587-4037 or visit us at 277 11th Ave SW, Magee MS 39111. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.

Mortgage Loans

Thinking about homeownership? While we currently do not have any Junior Lien 1-4 Family Residential Properties loans available, our team can guide you through other mortgage options. If you're considering refinancing your existing mortgage, we can assist you in finding the right solution tailored to your needs.

Unsecured Credit Cards

We also offer flexible terms on unsecured credit card loans, with a total of $832,164 in loans helping members manage their finances effectively. These cards provide convenient access to funds when you need them most without needing collateral.

Loan Aggregator

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FERGUSON FEDERAL CREDIT UNION