Missouri Electric Cooperatives Empl Credit Union

Missouri Electric Cooperatives Empl Credit Union Locations

P.O. Box 1586
Jefferson City, MO 65102
(573)634-2595
www.mececu.com

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Missouri Electric Cooperatives Empl Credit Union is headquartered in Jefferson City and is the 19^st largest credit union in the state of Missouri. It is also the 1,284^th largest credit union in the nation. It was established in 1975 and as of December of 2011, it had grown to 11 employees and 8,107 members. Missouri Electric Cooperatives Empl Credit Union's savings rates are 6X the national average, and it boasts a 5-star health rating.

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See Rates for: Checking | Savings | CD | IRA

Missouri Electric Cooperatives Empl Credit Union Checking Account Rates

	Apy	Min	Max	Product
	0.25%	-	-	Checking Account

Missouri Electric Cooperatives Empl Credit Union Savings Account Rates

Apy	Min	Max	Product
3.04%	-	-	Health Savings Account
1.75%	-	-	Christmas Club
1.75%	-	-	Vacation Club
1.00%	$1k	-	Savings Account

Missouri Electric Cooperatives Empl Credit Union CD Rates

Apy	Min	Max	Product
2.17%	$100k	-	60 Month Jumbo Plus CD
2.12%	$10k	-	60 Month Jumbo CD
2.02%	$500	-	60 Month CD
2.02%	$100	-	60 Month Children's CD's
1.91%	$100k	-	48 Month Jumbo Plus CD
1.86%	$10k	-	48 Month Jumbo CD
1.76%	$500	-	48 Month CD
1.76%	$100	-	48 Month Children's CD's
1.66%	$100k	-	36 Month Jumbo Plus CD
1.61%	$10k	-	36 Month Jumbo CD
1.51%	$500	-	36 Month CD
1.51%	$100	-	36 Month Children's CD's
1.41%	$100k	-	24 Month Jumbo Plus CD
1.36%	$10k	-	24 Month Jumbo CD
1.26%	$500	-	24 Month CD
1.26%	$100k	-	18 Month Jumbo Plus CD
1.26%	$100	-	24 Month Children's CD's
1.21%	$10k	-	18 Month Jumbo CD
1.15%	$100k	-	12 Month Jumbo Plus CD
1.11%	$500	-	18 Month CD
1.11%	$100	-	18 Month Children's CD's
1.10%	$10k	-	12 Month Jumbo CD
1.05%	$100k	-	6 Month Jumbo Plus CD
1.00%	$500	-	12 Month CD
1.00%	$10k	-	6 Month Jumbo CD
1.00%	$100	-	12 Month Children's CD's
0.95%	$500	-	6 Month CD
0.95%	$100k	-	3 Month Jumbo Plus CD
0.95%	$100	-	6 Month Children's CD's
0.90%	$10k	-	3 Month Jumbo CD
0.80%	$500	-	3 Month CD
0.80%	$100	-	3 Month Children's CD's

Missouri Electric Cooperatives Empl Credit Union IRA Rates

Apy	Min	Max	Product
2.17%	$100k	-	60 Month Jumbo IRA
2.17%	$100k	-	60 Month Jumbo Roth IRA
2.02%	$500	-	60 Month IRA
2.02%	$500	-	60 Month Roth IRA
1.92%	$100k	-	48 Month Jumbo IRA
1.92%	$100k	-	48 Month Jumbo Roth IRA
1.76%	$500	-	48 Month IRA
1.76%	$500	-	48 Month Roth IRA
1.66%	$100k	-	36 Month Jumbo IRA
1.66%	$100k	-	36 Month Jumbo Roth IRA
1.51%	$500	-	36 Month IRA
1.51%	$500	-	36 Month Roth IRA
1.41%	$100k	-	24 Month Jumbo IRA
1.41%	$100k	-	24 Month Jumbo Roth IRA
1.26%	$500	-	24 Month IRA
1.26%	$100k	-	18 Month Jumbo IRA
1.26%	$100k	-	18 Month Jumbo Roth IRA
1.26%	$500	-	24 Month Roth IRA
1.16%	$100k	-	12 Month Jumbo IRA
1.16%	$100k	-	12 Month Jumbo Roth IRA
1.10%	$500	-	18 Month IRA
1.10%	$500	-	18 Month Roth IRA
1.06%	$100k	-	6 Month Jumbo IRA
1.06%	$100k	-	6 Month Jumbo Roth IRA
1.00%	$500	-	12 Month IRA
1.00%	$500	-	12 Month Roth IRA
0.90%	$500	-	6 Month IRA
0.90%	$100k	-	3 Month Jumbo IRA
0.90%	$100k	-	3 Month Jumbo Roth IRA
0.90%	$500	-	6 Month Roth IRA
0.80%	$500	-	3 Month IRA
0.80%	$500	-	3 Month Roth IRA

Rates updated: 5/27/2012

Data for Q4 2011

Institution Statistics

MISSOURI ELECTRIC COOPERATIVES EMPL
NCUA #	67739
BankRate Report	View
Year Chartered	1975
Employees	11
Primary Regulator
Assets and Liabilities
Assets	$116.51 million
Loans	$74.00 million
Deposits	$105.28 million
Equity Capital	$10.79 million
Loan Loss Allowance	$133,000
Unbacked Noncurrent Loans	$126,000
Historic Data - December 2010
Assets	$104.46 million
Equity Capital	$9.40 million
Loan Loss Allowance	$162,000
Unbacked Noncurrent Loans	$250,000
Real Estate Owned	$90,000
Profit Margin - Quarterly
Net Interest Margin	3.46%
Return on Assets	0.92%
Return on Equity	9.9%
Interest Income	$4.60 million
Non-Interest Income	$573,000

Institution Health

Overall Score:

5 out of 5

Texas Ratio
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 Missouri Electric Cooperatives Empl Credit Union had $126,000 in non-current loans and owned real-estate with $10.93 million in equity and loan loss allowances on hand to cover it. This gives Missouri Electric Cooperatives Empl Credit Union a Texas Ratio of 1.15% 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 Missouri Electric Cooperatives Empl Credit Union decreased significantly from 3.56% as of December 31, 2010 to 1.15% as of December 31, 2011, resulting in a positive change of 67.57%.This indicates that the balance sheet and financial strength for Missouri Electric Cooperatives Empl Credit Union has improved significantly in recent periods.
Deposit Growth
In the past year, Missouri Electric Cooperatives Empl Credit Union has increased its total deposits by $11.12 million, resulting in 11.81% 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 Missouri Electric Cooperatives Empl Credit Union has shown is excellent.
Capitalization
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. Missouri Electric Cooperatives Empl Credit Union has $116.51 million in assets with $10.93 million in equity, resulting in a capitalization level of 9.38%, which is average.

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