Question 1

What is Health Plus Federal Credit Union?

Accepted Answer

Health Plus Federal Credit Union is a small, community-focused federal credit union serving employees and contractors of the Mississippi State Department of Health and their families. Located in Jackson, Mississippi, the credit union operates with approximately $10.4 million in total assets and serves around 1,542 members.

Health Plus FCU operates under the motto "Committed to Your Financial Health," emphasizing its dedication to member financial wellness. As a not-for-profit, member-owned cooperative, the credit union focuses on providing personalized financial services to Mississippi's public health workforce.

Question 2

When was Health Plus Federal Credit Union founded?

Accepted Answer

Health Plus Federal Credit Union was chartered in 1948 as a federal credit union. It was established to serve the financial needs of employees working for the Mississippi State Department of Health.

For over 75 years, the credit union has maintained its original mission of providing accessible financial services to public health professionals in Mississippi.

Question 3

Where is Health Plus Federal Credit Union headquartered?

Accepted Answer

Health Plus Federal Credit Union is headquartered at 500 H E Woodrow Wilson Avenue in Jackson, Mississippi. The credit union maintains its primary office in Suite H at this location in Mississippi's capital city.

Question 4

Where does Health Plus Federal Credit Union operate?

Accepted Answer

Health Plus Federal Credit Union operates primarily in Jackson, Mississippi, serving a specific membership base. The credit union's field of membership is restricted to employees or persons who work regularly under contract for the Mississippi State Department of Health.

Membership eligibility extends to immediate family members in the household, including related persons by blood, marriage, or other recognized family relationships. Family members outside the household are also eligible, including grandparents, parents, spouses, siblings, children, and grandchildren, as well as stepparents, stepchildren, and stepsiblings. The credit union also serves spouses of deceased members, retirees who receive pensions or annuities from qualifying employment, credit union employees, and organizations of such persons.

Question 5

What services does Health Plus Federal Credit Union offer?

Accepted Answer

Health Plus Federal Credit Union provides a comprehensive range of financial products and services tailored to its membership:

Deposit Accounts: The credit union offers savings accounts (share accounts), checking accounts with debit/ATM cards, and Christmas Club accounts designed to help members save for holiday expenses. All deposits are federally insured up to $250,000 per account type by the National Credit Union Administration (NCUA).

Lending Services: Members can access various loan products including personal loans, auto loans, and student loans through a partnership with Sallie Mae. Checking accounts include overdraft protection to help members avoid fees.

Credit Services: The credit union offers credit cards to members, with balance inquiries available through www.ezcardinfo.com.

Digital Banking: Health Plus FCU provides online banking services available 24/7, allowing members to manage accounts, make loan payments, pay bills, and transfer funds at their convenience. The credit union also offers a mobile banking application for iOS and Android devices, featuring account balance checking, transaction history viewing, fund transfers between accounts, and loan payment capabilities.

Additional Services: Members can contact the credit union at (601) 354-6633 or toll-free at (800) 877-5956 for support. Lost or stolen card assistance is available at 1-888-263-3370.

Question 6

What makes Health Plus Federal Credit Union unique?

Accepted Answer

Health Plus Federal Credit Union distinguishes itself through its specialized focus on serving Mississippi's public health workforce. As a federal credit union dedicated exclusively to employees and contractors of the Mississippi State Department of Health and their families, it creates a tightly-knit financial community centered around public service.

The credit union operates with a small, dedicated team of four full-time employees and one part-time employee, enabling personalized service and strong member relationships. With a potential membership base of approximately 6,000 individuals, Health Plus FCU maintains an intimate, community-oriented approach to banking.

Under the leadership of CEO Sheila Peters, the credit union emphasizes its fiduciary commitment to member financial health. The institution's motto—"Committed to Your Financial Health"—reflects its mission to provide stable, reliable depository services and competitive rates while maintaining strong financial fundamentals.

Question 7

What type of financial institution is Health Plus Federal Credit Union?

Accepted Answer

Health Plus Federal Credit Union is a Federal Credit Union chartered under federal law and regulated by the National Credit Union Administration (NCUA). The credit union received its federal charter in 1948 and operates under charter number 5930.

As a federal credit union with a Federal, State, Local Government membership type, Health Plus FCU is structured as a not-for-profit financial cooperative owned by its members. Each member has an equal vote in credit union governance, regardless of account balance. The credit union is classified as "Well Capitalized" by the NCUA, with a net worth ratio of 9.21% as of September 2025.

Unlike commercial banks that serve shareholders, Health Plus Federal Credit Union exists solely to serve its member-owners, distributing earnings back to members through competitive savings rates, lower loan rates, and reduced fees. The credit union's cooperative structure ensures that financial decisions prioritize member benefit over profit maximization.

Health Plus Federal Credit Union

in the United States 🇺🇸

Crypto-Friendliness

All done!

About Health Plus Federal Credit Union in the United States