Overview / Commentary
Foundation Credit Union is headquartered in Springfield and is the 40th largest credit union in the state of Missouri. It is also the 2,138th largest credit union in the nation. It was established in 1933 and as of June of 2023, it had grown to 10 employees and 3,167 members at 2 locations. Foundation Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership in Foundation Credit Union is open to individuals who live or work in the Missouri counties of Christian, Lawrence, Dade, Greene, Dallas, Polk, or Webster.
See current membership details
Health
B+
Data as of Q2 2023
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. Foundation Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 61157 |
| Year Chartered | 1933 |
| Employees | 10 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.18% |
| Return on Equity - YTD | 1.27% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $71.7MM$76.8MM |
| Loans | Q2 2023vs Q2 2022 | $53.1MM$54.3MM |
| Deposits | Q2 2023vs Q2 2022 | $60.0MM$64.2MM |
| Equity Capital | Q2 2023vs Q2 2022 | $10.2MM$10.0MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$202.00K |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $104.00K$36.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |