McPherson Co-Op Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 1.31% | 1-year CD | 2.65% - Barclays 12 Month Online CD |
| 0.20% | Savings | 2.00% - Ally Bank Online Savings Account |
| 2.02% | 4-year CD | 2.85% - Barclays 48 Month Online CD |
McPherson Co-Op Credit Union is headquartered in McPherson and is the 32nd largest credit union in the state of Kansas. It is also the 2,807th largest credit union in the nation. It was established in 1946 and as of September of 2018, it had grown to 9 employees and 3,200 members at 1 location. McPherson Co-Op Credit Union's CD rates are 46% higher than the national average, and it has a B health rating.
Field of Membership Restrictions
Membership is open to employees of CHS and its subsidiaries.
See current membership details
rates used to be better
The rates at this credit union used to be better. Once upon a time the MCCU was in a tiny building in the middle of an oil refinery. That's what it was, the refinery credit union. There was a skeleton staff, and no overhead, and savings and CD rates were the best around. Now they have built a huge new building to rival any normal bank, hired staff like a normal bank, and also have normal rates compared to any other bank. That being said, the staff still knows all the customers which is great. and generally most everything can be taken care of over the phone or in the mail.
Data as of Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 65371 |
| Year Chartered | 1946 |
| Employees | 9 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.12% |
| Return on Equity - YTD | 1.23% |
| Annual Interest Income | $826.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $32.4MM$32.7MM |
| Loans | Q3 2018vs Q3 2017 | $25.6MM$22.7MM |
| Deposits | Q3 2018vs Q3 2017 | $29.1MM$29.1MM |
| Equity Capital | Q3 2018vs Q3 2017 | $3.3MM$3.2MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $45.00K$50.00K |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $240.00K$225.00K |
| Real Estate Owned | Q3 2018vs Q3 2017 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not McPherson Co-Op Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
McPherson Co-Op Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.00% | - | - | IRA Accounts | |
| 0.20% | - | - | Regular Savings |
McPherson Co-Op Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.35%* | $25k* | - | Money Market Account | ||
| OTHER TIERS: 0.25% → $2.5k - $10k | 0.30% → $10k - $25k | |||||
McPherson Co-Op Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.02% | $500 | - | Checking Accounts |
McPherson Co-Op Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.02%* | $10k* | - | 48 Month CD | ||
| OTHER TIERS: 1.92% → Up to $10k | |||||
| 1.51%* | $10k* | - | 24 Month CD | ||
| OTHER TIERS: 1.31% → Up to $10k | |||||
| 1.31%* | $10k* | - | 12 Month CD | ||
| OTHER TIERS: 1.16% → Up to $10k | |||||
| 1.11%* | $10k* | - | 6 Month CD | ||
| OTHER TIERS: 0.90% → Up to $10k | |||||
McPherson Co-Op Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.02% | $50k | - | 3 Year IRA Certificate | |
| 1.87% | $50k | - | 2 Year IRA Certificate | |
| 1.51% | $50k | - | 1 Year IRA Certificate |
| McPherson Co-Op Credit Union Locations | ||
|---|---|---|
| Branch Office | 1999 S Main St | McPherson, KS 67460-9400 |