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 2,751st largest credit union in the nation. It was established in 1946 and as of December of 2018, it had grown to 9 employees and 3,202 members at 1 location. McPherson Co-Op Credit Union has a B health rating.
Membership is open to employees of CHS and its subsidiaries.
See current membership details
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.
|Return on Assets - YTD||0.11%|
|Return on Equity - YTD||1.13%|
|Annual Interest Income||$1.1MM|
|Assets and Liabilities|
|Assets||Q4 2018vs Q4 2017||$33.3MM$32.7MM|
|Loans||Q4 2018vs Q4 2017||$24.4MM$24.0MM|
|Deposits||Q4 2018vs Q4 2017||$30.0MM$29.5MM|
|Equity Capital||Q4 2018vs Q4 2017||$3.3MM$3.2MM|
|Loan Loss Allowance||Q4 2018vs Q4 2017||$45.00K$51.00K|
|Unbacked Noncurrent Loans||Q4 2018vs Q4 2017||$245.00K$114.00K|
|Real Estate Owned||Q4 2018vs Q4 2017||$0$0|
Rates for McPherson Co-Op Credit Union are currently being reviewed.
|McPherson Co-Op Credit Union Locations|
|Branch Office||1999 S Main St||McPherson, KS 67460-9400|