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800-428-8472
P.O. Box 1645
Hutchinson, KS 67504

Hutchinson Credit Union is headquartered in Hutchinson and is the 9th largest credit union in the state of Kansas. It is also the 892nd largest credit union in the nation. It was established in 1948 and as of December of 2013, it had grown to 88 employees and 18,526 members. Hutchinson Credit Union has a A health rating.

Field of Membership Restrictions

Must live, work or worship in any of the following counties in Kansas: Barton, Butler, Dickinson, Ellsworth, Franklin, Geary, Harvey, Kingman, Lincoln, Lyon, Marion, McPherson, Miami, Mitchell, Osage, Ottawa, Pottawatomie, Pratt, Reno, Rice, Riley, Saline, Sedgwick, Stafford or Wabaunsee. - See Details

Related Posts

Top Long-Term CD Rates at Hutchinson Credit Union in Kansas - 8/15/2013

We are starting to see some 3% CDs. As you might expect, these CDs have very long terms. Nevertheless, it shows that rates are starting to go up. The latest institution to offer a 3% CD is Hutchinson ...

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Health

Data for Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A

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, 2013 Hutchinson Credit Union had $1.99 million in non-current loans and owned real-estate with $22.31 million in equity and loan loss allowances on hand to cover it. This gives Hutchinson Credit Union a Texas Ratio of 8.91% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Hutchinson Credit Union experienced no significant changes from 6.95% as of December 31, 2012 to 8.91% as of December 31, 2013, resulting in a negative change of 28.26%. This indicates that the balance sheet and financial strength for Hutchinson Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Hutchinson Credit Union has increased its total deposits by $10.03 million, resulting in 5.75% 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 Hutchinson Credit Union has shown is excellent.

Capitalization

GRADE:
B+

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. Hutchinson Credit Union has $206.94 million in assets with $22.31 million in equity, resulting in a capitalization level of 10.78%, which is above average.

Institution Statistics

Overall
NCUA #62031
Year Chartered1948
Employees88
Primary Regulator
Assets and Liabilities
Assets$206.94 million
Loans$151.41 million
Deposits$184.47 million
Equity Capital$20.60 million
Loan Loss Allowance$1.71 million
Unbacked Noncurrent Loans$1.94 million
Real Estate Owned$50,000
Historic Data - December 2012
Assets$195.31 million
Equity Capital$18.44 million
Loan Loss Allowance$1.32 million
Unbacked Noncurrent Loans$1.94 million
Real Estate Owned$76,000
Profit Margin - Quarterly
Net Interest Margin3.52%
Return on Assets1.24%
Return on Equity12.49%
Interest Income$7.25 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Hutchinson Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Hutchinson Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.20%--Club Share
0.20%--Christmas Club
0.20%--Scottie Savers Club
0.20%--Special Share
0.20%--Share Account
0.20%--Gateway Account
0.20%$100-HSA Share
0.20%--IRA Share
0.20%--Roth IRA Share
0.20%--CESA Share
0.20%--SEP IRA Share
0.20%--Conservator/Rep Payee
0.20%--Save@School
0.20%--Business Share Account

Hutchinson Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.30%$50k-Investment Shares

Hutchinson Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.30%$50k-Premier Checking
0.25%$50k-Business High Yield Checking
0.10%--Business Basic Checking
0.10%--Business Checking

Hutchinson Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
3.15%$250k-120 Month Certificate Special
3.15%$250k-Business 120 Month Certificate Special
3.15%$250k-120 Month HSA Certificate Special
2.50%$250k-72 Month Certificate Special
2.50%$250k-Business 72 Month Certificate Special
2.50%$250k-72 Month HSA Certificate Special
1.91%$250k-60 Month CD
1.91%$250k-60 Month HSA Certificate
1.36%$250k-48 Month CD
1.36%$250k-48 Month HSA Certificate
1.05%$100k-36 Month CD
1.05%$100k-36 Month HSA Certificate
0.75%$250k-24 Month CD
0.75%$250k-24 Month HSA Certificate
0.40%$500-12 Month CD
0.40%$500-12 Month HSA Certificate
0.35%$500-6 Month CD
0.35%$500-6 Month HSA Certificate
0.25%$500-3 Month CD
0.25%$500-3 Month HSA Certificate

Hutchinson Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.90%$250k-48 Month IRA Certificate
1.90%$250k-60 Month IRA Certificate (Traditional,Roth,CESA,SEP)
1.35%$250k-48 Month Roth IRA Certificate
1.35%$250k-48 Month CESA Certificate
1.35%$250k-48 Month SEP IRA Certificate
1.05%$100k-36 Month IRA Certificate (Traditional,Roth,CESA,SEP)
0.75%$250k-24 Month IRA Certificate (Traditional,Roth,CESA,SEP)
0.40%$500-12 Month IRA Certificate (Traditional,Roth,CESA,SEP)
0.35%$500-6 Month IRA Certificate (Traditional,Roth,CESA,SEP)
0.25%$500-3 Month IRA Certificate (Traditional,Roth,CESA)
Locations


Hutchinson Credit Union Locations
Branch Office900 E 23rd AveHutchinson, KS 67502-5648
Branch Office245 N Waco St Ste T-600Wichita, KS 672021119
Branch Office103 S Kansas StHaven, KS 67543-9261
Branch Office2201 S Kansas RdNewton, KS 671148733
Branch Office129 W Avenue AHutchinson, KS 67501