Water's Edge
Water's Edge is a credit union based in Biloxi, Mississippi, established in 1953, with $5 million in total assets serving 597 members. By Trust Grade it ranks 53rd of 55 credit unions we track in Mississippi. Its net worth ratio of 7.0% trails most similarly sized credit unions (2th percentile), versus a Mississippi median of 16.4%. It posted a loss over the most recent period (-0.30% return on assets), a point to watch. No consumer complaints against Water's Edge appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Water's Edge compares to Mississippi peers
How we graded Water's Edge
The Trust Grade blends financial strength with complaint history. Full methodology →
- Below the well-capitalized threshold (7.0%)
- Unprofitable over the period (ROA -0.30%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Water's Edge over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Water's Edge insured?
Yes. Water's Edge is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Water's Edge: frequently asked questions
Is Water's Edge a good credit union?
Water's Edge earns a Bankzia Trust Grade of D (69/100, "Below average"), based on a financial-strength score of 69/100 (it has no CFPB complaints on record). Below the well-capitalized threshold (7.0%); Unprofitable over the period (ROA -0.30%).
Is Water's Edge NCUA-insured?
Yes. Water's Edge is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Water's Edge?
Water's Edge holds $5 million in total assets, ranking 53rd of 55 credit unions we track in Mississippi. It serves 597 members.
Does Water's Edge have CFPB complaints?
No CFPB complaints against Water's Edge appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
