About

OUR BEGINNING

The Masonite Employees Federal Credit Union was chartered October 16, 1953. Since then your credit union has grown into a multi-million dollar financial institution. The credit for success of your Credit Union ultimately lies with you, the member.

Many individuals have donated their time and efforts serving on various committees and as directors, but you cannot have a Credit Union without people willing to save and borrow.

The credit union name changed January 1, 1983, to Central Sunbelt Federal Credit Union. It was the result of expanding the field of membership to include other employee groups. The Hattiesburg office relocated to a newly constructed building in May, 1991. A second office in Laurel opened in April, 1995. Our second location in Hattiesburg was opened in July, 2000.
Thank you for being a member and actively supporting your credit union.

THE ORGANIZATION
How it Functions
Board of Directors: Board members are elected annually by the membership. Board members are responsible for reviewing the current status of the Credit Union and approving policies.

Supervisory Committee: Members are appointed by the Board of Directors. Committee members are responsible for performing and reviewing internal audits and verification of accounts.

Auditors and Examiners: The National Credit Union Administration (NCUA), a federal regulatory agency, examines the Credit Union for safety and soundness. The NCUA Share Insurance Fund insures all types of deposit accounts up to $100,000 so you can have peace of mind knowing your deposits are safe.

Effective April 2006, the NCUA began insuring credit union retirement accounts up to $250,000. This insurance protection is separate from the $100,000 basic coverage on other credit union accounts.