Overview / Commentary
Foundation Credit Union is headquartered in Springfield and is the 38th largest credit union in the state of Missouri. It is also the 2,135th largest credit union in the nation. It was established in 1933 and as of December of 2021, it had grown to 10 employees and 2,987 members at 2 locations. Foundation Credit Union has an A 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
A
Data as of Q4 2021
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 | 0.52% |
| Return on Equity - YTD | 3.94% |
| Annual Interest Income | $2.1MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2021vs Q4 2020 | $74.5MM$66.3MM |
| Loans | Q4 2021vs Q4 2020 | $51.5MM$43.5MM |
| Deposits | Q4 2021vs Q4 2020 | $63.9MM$56.8MM |
| Equity Capital | Q4 2021vs Q4 2020 | $9.7MM$9.3MM |
| Loan Loss Allowance | Q4 2021vs Q4 2020 | $166.00K$96.00K |
| Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $71.00K$63.00K |
| Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |