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1690 Lemay Ferry Rd
Saint Louis, MO 63125

First Missouri Credit Union is headquartered in Saint Louis and is the 36th largest credit union in the state of Missouri. It is also the 2,183rd largest credit union in the nation. It was established in 1927 and as of March of 2014, it had grown to 22 employees and 7,901 members. First Missouri Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership in First Missouri Credit Union is open to everyone who lives or works in St. Louis or Jefferson County! Also eligible are immediate relatives of eligible members, as well as employees of certain local companies. - See Details

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Reviews (1)

End Of Month Caviat For Receiving The High Yield Interest

The monthly statement cycle will catch you off guard if you wait till the end of the month to make your last of the 12 debit card purchases. Purchases count on the day that they are POSTED in your account and not on the day that you make the purchase. This is not clear in their literature and they will tell you that actual POSTING may take 1, 2 or 3 days depending on who knows what? Account representatives will not make any exceptions and the account posting absolutely determines whether you get the high yield interest or not.


Data for Q1 2014

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. First Missouri Credit Union has a relatively low asset base.

Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 First Missouri Credit Union had $252,000 in non-current loans and owned real-estate with $6.64 million in equity and loan loss allowances on hand to cover it. This gives First Missouri Credit Union a Texas Ratio of 3.79% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for First Missouri Credit Union decreased dramatically from 5.63% as of March 31, 2013 to 3.79% as of March 31, 2014, resulting in a positive change of 32.62%.This indicates that the balance sheet and financial strength for First Missouri Credit Union has improved dramatically in recent periods.

Deposit Growth


In the past year, First Missouri Credit Union has increased its total deposits by $1.35 million, resulting in 2.84% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth First Missouri Credit Union has shown is above average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. First Missouri Credit Union has $55.8 million in assets with $6.64 million in equity, resulting in a capitalization level of 11.90%, which is excellent.

Institution Statistics

NCUA #62716
Year Chartered1927
Primary Regulator
Assets and Liabilities
Assets$55.80 million
Loans$40.42 million
Deposits$49.09 million
Equity Capital$6.17 million
Loan Loss Allowance$468,000
Unbacked Noncurrent Loans$106,000
Real Estate Owned$146,000
Historic Data - March 2013
Assets$54.33 million
Equity Capital$5.97 million
Loan Loss Allowance$515,000
Unbacked Noncurrent Loans$106,000
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets0.69%
Return on Equity6.22%
Interest Income$613,000
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First Missouri Credit Union Checking Account Rates

2.25%-$10kKasasa Cash - Qualifying
0.10%--Kasasa Cash - Non Qualifying

First Missouri Credit Union Locations
Branch Office4102 First Missouri CU DrSaint Louis, MO 63129
Branch Office1690 Lemay Ferry RdSaint Louis, MO 63125