Shelby Federal Credit Union Boyle, Mississippi
Shelby Federal Credit Union is a federal credit union headquartered in Boyle, MS, established in 1955 (NCUA charter 9974), and it is regulated and insured by the NCUA. At Q2 2026 it reported 2,143 members and total assets of $4.5M (up 8.7% from Q2 2025), the 45th largest of 52 credit unions headquartered in Mississippi. Its net worth ratio was 20.25% at Q2 2026, in the well capitalized band.
Also written as Shelby FCU
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- Federal credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 9974
- Headquarters
- Boyle, MS
- Established
- 1955
- Total assets, Q2 2026
- $4.5M
- Assets vs Q2 2025
- +8.7%
- Members, Q2 2026
- 2,143
- Net worth ratio, Q2 2026
- 20.25%
- Latest call report
- Q2 2026, NCUA 5300 · Shelby Federal Credit Union call report
- Asset rank in state
- 45th of 52 in Mississippi
- Routing number
- 284283504
- Branches
- 3
It has 189 more members than on June 30, 2025 (+9.7%). Its net worth ratio was down 0.90 percentage points from 21.15% on June 30, 2025. Used vehicle loans are its largest loan category, $576K of $1.0M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 5.89% is above the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026. Its 20.25% net worth ratio is above that band's 14.31% median.
Credit unions similar in size in Mississippi
Frequently asked about Shelby Federal Credit Union
How big is Shelby Federal Credit Union?
At Q2 2026 it reported total assets of $4.5M and 2,143 members.
Where is Shelby Federal Credit Union headquartered?
It is headquartered in Boyle, MS, United States.
When was Shelby Federal Credit Union founded?
It was established in 1955, per NCUA records.
Is Shelby Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 9974): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Shelby Federal Credit Union?
It is a federal credit union, chartered and supervised by the NCUA.
Is Shelby Federal Credit Union well capitalized?
Its net worth ratio was 20.25% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Shelby Federal Credit Union's delinquency ratio?
Its delinquency ratio was 5.89% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Shelby Federal Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 28.86% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Boyle, MS 38730
- Charter Type
- Federal credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1955
- NCUA Charter #
- 9974
- RSSD ID
- 963383
- Members
- 2,143
- Potential members
- 35,000
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 2,479 credit unions with under $100M in assets, as of Q2 2026. It is in the top quartile on 2 of 7 ranked measures and in the bottom quartile on 1.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 11.14% to 19.38% | 20.25% | 14.31% | 77th top |
| Return on assets Middle half of peers: 0.16% to 1.30% | 1.59% | 0.72% | 83rd top |
| Return on equity Middle half of peers: 1.04% to 8.69% | 7.86% | 4.74% | 70th above |
| Net interest margin Middle half of peers: 3.31% to 4.53% | 3.78% | 3.93% | 44th below |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | 84.34% | 79.83% | 40th below |
| Cost of funds Middle half of peers: 0.37% to 1.23% | 0.44% | 0.78% | 71st above |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | 5.89% | 0.86% | under 10th bottom |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 4.22% | 4.70% | 25th position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 28.86% | 58.92% | under 10th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$4.5M total assets against $4.1M; $3.5M total shares and deposits against $3.2M; $1.0M total loans against $1.2M.
$912K net worth against $877K.
20.25% net worth ratio against 21.15%.
28.86% loan-to-share ratio against 36.85%.
5.89% delinquency ratio against 3.28%.
1.59% return on assets against 8.72%; 7.86% return on equity against 41.24%.
3.78% net interest margin against 4.78%.
2,143 members against 1,954.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 20.25% | 1.59% | 5.89% | 28.86% |
| March 31, 2026 | 18.98% | 1.57% | 6.18% | 28.23% |
| December 31, 2025 | 19.21% | 1.69% | 4.75% | 30.85% |
| September 30, 2025 | 19.03% | -5.49% | 3.98% | 34.27% |
| June 30, 2025 | 21.15% | 8.72% | 3.28% | 36.85% |
| March 31, 2025 | 19.30% | -0.67% | 6.20% | 35.58% |
Scroll sideways to see every column.
Watch flags
Loans 60+ days delinquent exceed 2% of the loan book, well above the credit-union industry norm of under 1%. Sustained high delinquency erodes net worth through charge-offs. BankRegReports band vs the <1% industry norm.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.