Overview / Commentary
Horizon Credit Union (MO) is headquartered in Macon and is the 47th largest credit union in the state of Missouri. It is also the 2,608th largest credit union in the nation. It was established in 1954 and as of December of 2020, it had grown to 15 employees and 4,765 members at 2 locations. Horizon Credit Union (MO) has a B+ health rating.
Field of Membership Restrictions
Horizon Credit Union of Missouri is open to the residents, and people that maintain employment within these qualified counties: Macon, Linn, Adair, Shelby, and Randolph along with the family members of the current credit union members.
See current membership details
Health
B+
Data as of Q4 2020
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. Horizon Credit Union (MO) has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 63844 |
| Year Chartered | 1954 |
| Employees | 15 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.26% |
| Return on Equity - YTD | 2.02% |
| Annual Interest Income | $1.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $43.5MM$35.0MM |
| Loans | Q4 2020vs Q4 2019 | $24.6MM$23.1MM |
| Deposits | Q4 2020vs Q4 2019 | $37.6MM$29.1MM |
| Equity Capital | Q4 2020vs Q4 2019 | $5.5MM$5.3MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $99.00K$112.00K |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $95.00K$120.00K |
| Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |