MS SC611

Recognizes the 50th anniversary of the Mississippi Public Employees Credit Union, originally chartered as the State Offices Credit Union on August 22, 1966, with the name changed in June 1993.

Notes the credit union has grown to over 6,000 members with more than $22 million in assets, serving federal, state, and local government employees throughout Mississippi.

Highlights that the credit union operates as a nonprofit, member-owned institution governed by a seven-member volunteer board of directors, with earnings returned to members through lower loan rates, higher deposit interest rates, and reduced fees.

Details the credit union's access to more than 5,400 shared branching locations nationwide and comprehensive financial services including savings accounts, loans, credit cards, home banking, and financial counseling.

Extends the Legislature's recognition and best wishes to the Mississippi Public Employees Credit Union for this achievement.