Mutual Credit Union Jackson MS | Affordable Auto Loans & Business Banking

Introduction

Welcome to Mutual, where community and banking come together to create a trustworthy financial experience. Located at 600 E Mcdowell Rd, Jackson, MS 39204, our branch has been serving members since 1931. With a strong commitment to enhancing the financial well-being of our 42,417 members, we pride ourselves on being a reliable partner in your financial journey. At Mutual, we understand that your needs are unique. That's why we offer a variety of services including checking and savings accounts, auto loans, mortgage loans, personal loans, and business banking solutions. Our total assets amount to an impressive $488,090,681, ensuring that we have the resources to support you effectively. With $73,081,550 in total deposits and a net worth of $60,921,798, you can trust that your money is in safe hands. Under the leadership of our dedicated CEO, Michael Mathews, and Board President Jerry Dean, our team of 127 employees is committed to providing personalized service tailored to meet your financial goals. Whether you're looking to finance a new vehicle or open a savings account, we're here for you every step of the way. While members can visit us at our Jackson location for all their banking needs, official correspondence should be sent to our mailing address at 1604 Cherry St, Vicksburg, MS 39180. If you have questions or need assistance, don't hesitate to reach out at (601) 636-7523. Join us today and experience how Mutual can help you achieve your financial dreams! Visit our website at www.mutualcu.org for more information or to start your membership journey. We look forward to serving you!

Branch History & Mission

Welcome to Mutual, a credit union that has proudly served the community since its establishment in 1931. Located at 600 E Mcdowell Rd in Jackson, MS, we have built a rich legacy of trust and financial support for our members over the decades. With a total membership of 42,417 and assets amounting to an impressive $488,090,681, we are dedicated to fostering financial well-being in our community. From humble beginnings, Mutual has evolved into a vital financial institution that prioritizes the needs of its members. Our journey began nearly a century ago with a simple mission: to provide accessible and affordable financial services. Since then, we have expanded our offerings while maintaining our commitment to the values that started it all. We are not just about numbers; we're about people helping families achieve their dreams through services like personal banking, auto loans, mortgages, and more. While members can visit us at our branch address, official correspondence should be sent to our mailing address at 1604 Cherry St, Vicksburg, MS 39180. Our operating hours are Thursday and Friday from 8 AM to 4 PM, making it convenient for you to access our services. At Mutual, our mission is clear: we strive to empower our members by providing the tools they need for financial success while supporting community initiatives that make a difference. We believe that when one member succeeds, everyone benefits. That's why we actively engage in partnerships and outreach programs designed to uplift those around us. In today's digital world, we also prioritize technological advancements that enhance your banking experience. With services like online banking and mobile payments available, managing your finances has never been easier or more accessible. We take pride in being ADA compliant and ensuring that all members feel welcome and supported in their banking journey. We invite you to join us at Mutual and discover the difference a member-focused credit union can make in your life. Experience personalized service from our dedicated team led by CEO Michael Mathews and Board President Jerry Dean. Visit us today or learn more about how you can become part of our growing family by exploring our website. Together, let's build a brighter financial future for all!

Branch Location & Accessibility

Call Us Today!

If you have any questions or need assistance, don't hesitate to call us at 601-636-7523. We're excited to help you with all your banking needs! Visit us soon at Mutual where your financial well-being is our top priority.

Operating Hours

Our doors are open on Thursdays and Fridays from 8 AM to 4 PM, ensuring you have time during the week to come see us. We encourage you to drop by during these hours for any of your banking needs or questions!

Parking and Accessibility Features

We understand that accessibility is important for everyone. Our location offers ample parking spaces right outside the entrance. The branch is fully ADA compliant, featuring ramps and other accessibility options to make your visit as smooth as possible.

Services Offered

At Mutual, we offer a wide range of services designed to meet your financial goals. From personal banking options like checking and savings accounts to auto loans and mortgages, we've got you covered. Plus, our shared service center means that if you're a member of a partner credit union, you can still take advantage of basic transactions like deposits and withdrawals right here.

Member Eligibility

At Mutual, we believe in creating a welcoming community where everyone can feel at home. Becoming a member is simple and rewarding! If you live, work, or worship in Hinds County, you're likely eligible to join us. Whether you're looking for personalized financial services or just want to be part of a supportive network, our membership offers you the chance to enjoy various benefits tailored to your needs. You can find more details about eligibility on our website at https://www.mutualcu.org/personal/personal-savings/membership-savings.html . Ready to take the next step? Opening an account with us is straightforward! Just follow this link: https://app.loanspq.com/apply.aspx?enc=kw21wblm1yxpjjabdozadw1h8x44g4kmfila3bc8aartlnmxgf1dx4pbztbapxln9acabkbug3uu6cesonbwjdgx_qv8k9gv6cnajru2rr7zobawm2kqs01gdbr2zcea . If you have any questions or need assistance, feel free to give us a call at (601) 636-7523. We're here to help you every step of the way as you join our thriving community at 600 E Mcdowell Rd Jackson Ms 39204.

Business Banking & Commercial Services

Practical Merchant Services

Imagine a local café needing quick access to funds for new equipment or a retail store wanting seamless payment solutions. Our merchant services make transactions smoother, allowing you to focus on what you do best running your business. From point-of-sale systems to online payment processing, we're here to simplify your financial operations. Let us partner with you on your journey to success at Mutual, located at 600 E Mcdowell Rd Jackson Ms 39204 in Jackson, MS. Reach out today at (601) 636-7523 to learn more about how we can support your business ambitions!

Tailored Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $20 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $13 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $3,819,752, we continue to drive economic growth by financing new and expanding businesses.

Comprehensive List Of Services

Business Banking

Running a business comes with its own set of challenges. At Mutual, we offer dedicated Business Banking services including Merchant Services and Business Loans tailored for entrepreneurs. Whether you're starting out or looking to grow, we're here to support your business goals.

Digital Banking Convenience

In today's fast-paced world, convenience is key. Our Online & Mobile Banking features allow you to manage your accounts anytime, anywhere. You can check balances, transfer funds, and even pay bills from the comfort of your home or on the go. Plus, our ATM & Cash Withdrawal Services give you easy access to cash when needed.

Financial Solutions

Life can sometimes throw unexpected challenges your way, and that's where our Personal Loans & Debt Consolidation come in handy. These loans can help you manage unexpected expenses or consolidate debt into manageable monthly payments. Additionally, our Credit Cards with Rewards offer an excellent opportunity to earn while you spend.

Get Started Today!

With all these services available at Mutual, there's no better time to take control of your financial future. If you have questions or would like to learn more about how we can assist you, don't hesitate to reach out at (601) 636-7523 or visit us online at Mcdowell Road. We're excited to welcome you as a member and help you achieve your financial goals!

Personal Banking Services

Whether you're looking to open a checking account or save for the future, our personal banking options have you covered. With various Checking & Savings Accounts, you can choose the right fit for your lifestyle. Imagine setting up automatic savings transfers or easily tracking your spending through our user-friendly online banking platform. For those considering a new vehicle, our Auto Loans & Vehicle Financing provide competitive rates and flexible terms, ensuring you drive away in the car you want without breaking the bank. If homeownership is on your mind, explore our Mortgage Loans & Refinancing options. We help make the process simple so that you can focus on settling into your new home.

Shared Branch Transactions

We also understand that sometimes you may need assistance outside normal banking hours or when traveling. That's why we provide Basic Shared Branch Transactions for deposits and withdrawals for partner credit union members. This ensures that even when you're away from home, your banking needs are met.

Digital & Online Banking

Convenient Payment Options

Need to send money quickly? Our person-to-person transfer service lets you send funds directly to friends or family with ease. And if you're looking for a hassle-free way to make purchases, our mobile payments feature allows you to pay using your smartphone no cash or card needed! At Mutual, we're committed to providing accessible banking solutions that fit into your busy life. Join us today and discover how easy it is to take charge of your finances with our comprehensive digital banking services!

Key Features of Our Digital Services

Visit us at https://www.mutualcu.org/ to explore our user-friendly online banking platform. With 24/7 online banking services available, you can check balances, pay bills, and transfer funds whenever it suits you. Plus, our mobile application makes it even easier to manage your money on the go. Whether you're at home or out and about, you'll have real-time access to your accounts right in your pocket. Security is paramount at Mutual. We provide electronic signature authorization for a safe and efficient way to sign documents online, so you don't have to worry about lost paperwork or trips to the branch. Additionally, our e-statements feature allows you to view and manage your statements electronically, reducing clutter while keeping sensitive information secure.

Financial Strength

Committed to Reinvestment

With $41,043,559 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is robust; we have $4,757 in used auto loans and $248,563,490 in total loans and leases, supporting your financial goals across various sectors.

Member-Centric Approach

Members' savings are secured through $91,365,107 in share certificates and $72,349,052 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency is reflected in our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 121 full-time employees and 6 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Strong Financial Health

With a net worth of $60,921,798, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,541 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Trusted Partnership

Total Share and Deposit Accounts: 75,891, show a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $380,237 highlight our commitment to serving you effectively. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Mutual is your trusted partner. Visit us at 600 E Mcdowell Rd Jackson Ms 39204 or call (601) 636-7523 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry. With over $89,284,798 in used vehicle loans and $26,392,210 in new vehicle loans already helping members get on the road, you can trust that we'll help you find the right financing option. Whether it's a brand-new model or a reliable used car, we're here to assist you every step of the way.

Business Loans

For business owners, our outstanding commercial loans totaling $3,819,752 provide the capital needed to grow and expand. Whether you're looking for equipment financing or working capital, we offer tailored solutions that align with your business goals.

Credit Lines

Need extra flexibility? Our credit lines are designed to provide quick access to funds when you need them most. With a total of $59,190,161 available, our options allow you to borrow what you need while only paying interest on what you use. At Mutual, we also recognize that refinancing can be an option worth exploring if you're seeking better terms or lower rates on existing loans. For more information on eligibility and how our loan offerings can work for you, please visit us at 600 E Mcdowell Rd Jackson Ms 39204, call us at (601) 636-7523, or explore our website at https://www.mutualcu.org/. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. Let us help turn your financial goals into reality!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $11,286,074, make buying or refinancing simple. We guide you through the process and provide personalized assistance to ensure that you find a solution that works for your budget.

Unsecured Credit Card Loans

Managing finances can be challenging, but our flexible terms on unsecured credit card loans totaling $11,952,007 can help you stay on track. These loans give you access to funds when needed while helping to build or improve your credit history.

Loan Aggregator

Accurate Loan Comparisons

LendMesh ensures accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov ). This guarantees that users receive fair and transparent offers, eliminating the uncertainty that can arise when dealing with less reliable sources.

Key Benefits of Using LendMesh

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MUTUAL FEDERAL CREDIT UNION