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 2,133rd largest credit union in the nation. It was established in 1933 and as of September of 2022, it had grown to 13 employees and 3,080 members at 2 locations. Foundation Credit Union's CD rates are 2X the national average, and it 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 Q3 2022
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 | 13 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.67% |
| Return on Equity - YTD | 5% |
| Annual Interest Income | $1.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $75.0MM$72.9MM |
| Loans | Q3 2022vs Q3 2021 | $53.7MM$50.2MM |
| Deposits | Q3 2022vs Q3 2021 | $62.8MM$63.1MM |
| Equity Capital | Q3 2022vs Q3 2021 | $10.1MM$9.7MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $204.00K$135.00K |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $181.00K$1,000 |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |