Great Plains Credit Union

Great Plains Credit Union Locations
P O Box 2968
Joplin, MO 64803
(417) 626-8500
www.greatplainsfcu.com



Great Plains Credit Union is headquartered in JOPLIN and is the 6th largest credit union in the state of Missouri. It is also the 655th largest credit union in the nation. It was established in 1950 and as of December of 2011, it had grown to 76 employees and 31,399 members. Great Plains Credit Union has a 5-star health rating.



See Rates for: Checking | Savings | Money Market | CD | IRA

Great Plains Credit Union Checking Account Rates

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0.10%$500-Regular Share Draft

Great Plains Credit Union Savings Account Rates

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0.25%--Christmas Club
0.20%--Passbook IRA
0.10%$25-Regular Shares

Great Plains Credit Union Money Market Rates

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0.20%$2,500-Money Market Share Draft

Great Plains Credit Union CD Rates

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2.12%$25k-5 Year CD
1.96%$25k-48 Month CD
1.86%$10k-5 Year CD
1.71%$10k-48 Month CD
1.61%$500-5 Year CD
1.51%$25k-36 Month CD
1.46%$500-48 Month CD
1.35%$25k-24 Month CD
1.21%$10k-36 Month CD
1.05%$10k-24 Month CD
0.95%$500-36 Month CD
0.85%$25k-1 Year CD
0.80%$500-24 Month CD
0.75%$10k-1 Year CD
0.65%$10k-6 Month CD
0.59%$10k-91 Day CD
0.55%$500-1 Year CD
0.40%$500-6 Month CD
0.34%$500-91 Day CD

Great Plains Credit Union IRA Rates

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1.51%$500-36 Month IRA
1.05%$500-24 Month IRA
0.85%$500-12 Month IRA
0.65%$500-6 Month IRA

Rates updated: 5/14/2012

Data for Q4 2011


Institution Statistics


GREAT PLAINS
NCUA #6853
BankRate ReportView
Year Chartered1950
Employees76
Primary Regulator

Assets and Liabilities

Assets$286.66 million
Loans$82.04 million
Deposits$237.62 million
Equity Capital$47.69 million
Loan Loss Allowance$1.13 million
Unbacked Noncurrent Loans$614,000
Real Estate Owned$10,000

Historic Data - December 2010

Assets$280.48 million
Equity Capital$46.40 million
Loan Loss Allowance$1.39 million
Unbacked Noncurrent Loans$703,000
Real Estate Owned$73,000

Profit Margin - Quarterly

Net Interest Margin5.06%
Return on Assets0.3%
Return on Equity1.82%
Interest Income$8.37 million
Non-Interest Income$2.20 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Great Plains Credit Union had $624,000 in non-current loans and owned real-estate with $48.82 million in equity and loan loss allowances on hand to cover it. This gives Great Plains Credit Union a Texas Ratio of 1.28% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for Great Plains Credit Union decreased slightly from 1.62% as of December 31, 2010 to 1.28% as of December 31, 2011, resulting in a positive change of 21.28%.This indicates that the balance sheet and financial strength for Great Plains Credit Union has improved slightly in recent periods.
Deposit Growth4
In the past year, Great Plains Credit Union has increased its total deposits by $5.8 million, resulting in 2.5% 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 Great Plains Credit Union has shown is above average.
Capitalization5
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. Great Plains Credit Union has $286.66 million in assets with $48.82 million in equity, resulting in a capitalization level of 17.03%, which is excellent.
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