Credit unions in Mississippi

Credit union: There are 72 headquartered credit unions in the state of Mississippi that operate over 200 branches for their members. These branches serve the 679,000+ residents of the state that bank with cooperatives. The largest credit union in the state is Keesler Federal Credit Union. They proudly serve almost 244,000 members. That means 1/3 of credit union members are all part of the same cooperative. Keesler Federal Credit Union has been in operation since 1947. Keesler Federal is community-based, but also open to employees from over 300 different employers and local military members. 

Like all states, credit unions in Mississippi have membership requirements. Some cooperatives are open to those who work in certain professions and for specific employers. However, there are several that are community-based, and that serve remote parts of the state. Parts of Mississippi are still very rural and isolated, so these credit unions are there to provide services to those communities. 

Car insurance: Drivers in Mississippi have premiums that are higher than the national average. Expect car insurance in the state to cost you 26% more than the average. When you live in a location with high premiums, you should always be on the lookout for a deal. Talk with your credit union and see what deals they can help you find. 

It does not appear that credit unions in the state underwrite their own car insurance policies. However, it does appear that many have created partnerships to get their members the best deals possible. Most work with the company TruStage to get discounts for their members. TruStage works with thousands of credit unions across the country on insurance. 

Having car insurance is not an option in the state. For your policy to be valid, it must cover a few areas. Your policies must cover bodily injury per person/per accident in addition to property damage liability.