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Overview / Commentary
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 1,338th largest credit union in the nation. It was established in 1941 and as of December of 2013, it had grown to 58 employees and 15,309 members. United Consumers Credit Union has a B+ health rating.

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Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
B+

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 United Consumers Credit Union had $1.96 million in non-current loans and owned real-estate with $14.02 million in equity and loan loss allowances on hand to cover it. This gives United Consumers Credit Union a Texas Ratio of 13.97% which is above average. 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 9.98% as of December 31, 2012 to 13.97% as of December 31, 2013, resulting in a negative change of 40.08%. 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 $1.51 million, resulting in 1.48% 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 $118.37 million in assets with $14.02 million in equity, resulting in a capitalization level of 11.84%, which is excellent.

Institution Statistics

Overall
NCUA #68410
Year Chartered1941
Employees58
Primary Regulator
Assets and Liabilities
Assets$118.37 million
Loans$69.26 million
Deposits$103.31 million
Equity Capital$13.21 million
Loan Loss Allowance$808,000
Unbacked Noncurrent Loans$1.34 million
Real Estate Owned$618,000
Historic Data - December 2012
Assets$115.95 million
Equity Capital$13.10 million
Loan Loss Allowance$884,000
Unbacked Noncurrent Loans$1.34 million
Real Estate Owned$713,000
Profit Margin - Quarterly
Net Interest Margin5.63%
Return on Assets0.4%
Return on Equity3.56%
Interest Income$4.75 million
Rates

Sorry, we do not have rate data for United Consumers Credit Union

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
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