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Overview / Commentary
573-581-6978
P.O. Box 477
Mexico, MO 65265

Show-Me Credit Union is headquartered in Mexico and is the 54th largest credit union in the state of Missouri. It is also the 3,177th largest credit union in the nation. It was established in 1954 and as of December of 2013, it had grown to 11 employees and 3,451 members. Show-Me Credit Union has a B+ health rating.

Field of Membership Restrictions

Must live or work in Audrain or Callaway County - See Details

Reviews (1)

Loan Department

I recently applied for a loan at Show Me Credit Union. I was very impressed by the care and thought that she put into my loan. I am moving ALL of my accounts and loans to Show Me Credit Union! Very friendly and professional.



Health

Data for Q4 2013

Institution Health

B+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Show-Me Credit Union has a low asset base.

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 Show-Me Credit Union had $263,000 in non-current loans and owned real-estate with $3.21 million in equity and loan loss allowances on hand to cover it. This gives Show-Me Credit Union a Texas Ratio of 8.19% 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 Show-Me Credit Union experienced no significant changes from 8.60% as of December 31, 2012 to 8.19% as of December 31, 2013, resulting in a positive change of 4.79%.This indicates that the balance sheet and financial strength for Show-Me Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A

In the past year, Show-Me Credit Union has increased its total deposits by $838,000, resulting in 3.92% 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 Show-Me Credit Union has shown is excellent.

Capitalization

GRADE:
A+

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. Show-Me Credit Union has $25.37 million in assets with $3.21 million in equity, resulting in a capitalization level of 12.66%, which is excellent.

Institution Statistics

Overall
NCUA #62960
Year Chartered1954
Employees11
Primary Regulator
Assets and Liabilities
Assets$25.37 million
Loans$16.40 million
Deposits$22.21 million
Equity Capital$3.16 million
Loan Loss Allowance$57,000
Unbacked Noncurrent Loans$223,000
Real Estate Owned$40,000
Historic Data - December 2012
Assets$24.45 million
Equity Capital$3.05 million
Loan Loss Allowance$100,000
Unbacked Noncurrent Loans$223,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin6.03%
Return on Assets0.41%
Return on Equity3.26%
Interest Income$1.05 million
Rates
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Show-Me Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.25%--Share Savings Account
0.25%--Special Share Account
0.25%--Holiday Share Account
0.25%--IRA Share Account
0.25%--HSA
0.25%--Education IRA Share Account
0.25%--Roth IRA Share Account

Show-Me Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
0.85%$500-36 Month CD
0.65%$500-30 Month CD
0.55%$500-24 Month CD
0.40%$500-18 Month CD
0.35%$500-12 Month CD
0.30%$500-6 Month CD
0.25%$500-1 Month CD
0.25%$500-2 Month CD
0.25%$500-3 Month CD

Show-Me Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
0.80%$500-24 Month IRA Certificate (Traditional,Roth,CESA)
0.55%$500-12 Month IRA Certificate (Traditional,Roth,CESA)
Locations


Show-Me Credit Union Locations
Branch Office550 S Muldrow StMexico, MO 65265-2014