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 2,149th largest credit union in the nation. It was established in 1933 and as of June of 2024, it had grown to 11 employees and 3,383 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 2024
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 | 11 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.2% |
| Return on Equity - YTD | 1.33% |
| Annual Interest Income | $1.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $69.4MM$71.7MM |
| Loans | Q2 2024vs Q2 2023 | $54.3MM$53.1MM |
| Deposits | Q2 2024vs Q2 2023 | $58.7MM$60MM |
| Equity Capital | Q2 2024vs Q2 2023 | $10.3MM$10.2MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $213K$209K |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $240K$104K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$112K |