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Overview / Commentary
816-325-6900
1111 E 23rd St S
Independence, MO 64055

United Consumers Credit Union is headquartered in Independence and is the 22nd largest credit union in the state of Missouri. It is also the 1,323rd largest credit union in the nation. It was established in 1941 and as of March of 2014, it had grown to 59 employees and 15,400 members. United Consumers Credit Union has a B+ health rating.

Field of Membership Restrictions

Credit unions like UCCU only serve people who share a common bond such as that of a community, an association or an employer – in our case, anyone who lives in Jackson, Buchanan, Cass, or Clay Counties or the city of Cameron, Missouri, as well as those who live, work or worship in Johnson County, Kansas. - See Details

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Health

Data for Q1 2014

Institution Health

B+

Texas Ratio

GRADE:
A

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 United Consumers Credit Union had $1.38 million in non-current loans and owned real-estate with $14.22 million in equity and loan loss allowances on hand to cover it. This gives United Consumers Credit Union a Texas Ratio of 9.67% 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 United Consumers Credit Union experienced no significant changes from 8.74% as of March 31, 2013 to 9.67% as of March 31, 2014, resulting in a negative change of 10.67%. This indicates that the balance sheet and financial strength for United Consumers Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
B+

In the past year, United Consumers Credit Union has increased its total deposits by $2.09 million, resulting in 1.96% 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 United Consumers Credit Union has shown is above average.

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. United Consumers Credit Union has $123.33 million in assets with $14.22 million in equity, resulting in a capitalization level of 11.53%, which is excellent.

Institution Statistics

Overall
NCUA #68410
Year Chartered1941
Employees59
Primary Regulator
Assets and Liabilities
Assets$123.33 million
Loans$69.11 million
Deposits$108.38 million
Equity Capital$13.41 million
Loan Loss Allowance$808,000
Unbacked Noncurrent Loans$701,000
Real Estate Owned$674,000
Historic Data - March 2013
Assets$120.58 million
Equity Capital$13.12 million
Loan Loss Allowance$850,000
Unbacked Noncurrent Loans$701,000
Real Estate Owned$708,000
Profit Margin - Quarterly
Return on Assets0.26%
Return on Equity2.36%
Interest Income$1.24 million
Rates

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

United Consumers Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.15%$25k-Regular Share
0.15%$25k-IRA Savings
0.05%--Christmas Club
0.05%--First Time Savings

United Consumers Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.20%$75k-Preferred Money Market
0.10%$2,500-Classic Money Market

United Consumers Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.05%--Preferred Checking
0.05%--Business Checking

United Consumers Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.70%$75k-60 Month CD
1.26%$75k-48 Month CD
1.11%$75k-36 Month CD
0.75%$75k-30 Month CD
0.70%$75k-24 Month CD
0.55%$75k-18 Month CD
0.50%$75k-12 Month CD
0.35%$75k-6 Month CD
Locations


United Consumers Credit Union Locations
Branch Office8730 E 63rd StRaytown, MO 64133
Branch Office400 W US Highway 24Independence, MO 64050
Branch Office1111 E 23rd St SIndependence, MO 64055
Branch Office414 E Dennis AveOlathe, KS 66061
Branch Office16300 E US Highway 24Independence, MO 64056
Branch Office30 W Pershing RdKansas City, MO 64108
Branch Office724 N Belt HwySaint Joseph, MO 645063011