Overview / Commentary
Farmers Credit Union is headquartered in Hays and is the 46th largest credit union in the state of Kansas. It is also the 3,701st largest credit union in the nation. It was established in 1953 and as of September of 2019, it had grown to 4 employees and 1,030 members at 1 location. Farmers Credit Union's CD rates are 51% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Farmers Credit Union membership is open to anyone that lives in Ellis County or the surrounding areas, as well as their family members.
See current membership details
Health
B+
Data as of Q3 2019
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Farmers Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 62580 |
| Year Chartered | 1953 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.54% |
| Return on Equity - YTD | 4.45% |
| Annual Interest Income | $339.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2019vs Q3 2018 | $13.7MM$13.2MM |
| Loans | Q3 2019vs Q3 2018 | $4.8MM$4.5MM |
| Deposits | Q3 2019vs Q3 2018 | $12.1MM$11.6MM |
| Equity Capital | Q3 2019vs Q3 2018 | $1.6MM$1.6MM |
| Loan Loss Allowance | Q3 2019vs Q3 2018 | $48.00K$47.00K |
| Unbacked Noncurrent Loans | Q3 2019vs Q3 2018 | $13.00K$11.00K |
| Real Estate Owned | Q3 2019vs Q3 2018 | $0$0 |