Overview / Commentary
Mid-Kansas Credit Union is headquartered in Moundridge and is the 25th largest credit union in the state of Kansas. It is also the 2,319th largest credit union in the nation. It was established in 1972 and as of June of 2020, it had grown to 17 employees and 4,078 members at 2 locations. Mid-Kansas Credit Union has an A health rating.
Field of Membership Restrictions
Mid-Kansas Credit Union is open to those who live or work in counties served by Mid-Kansas Cooperative Association of Moundridge, Farmers' Cooperative Elevator Co. of Halstead, and Cooperative Grain and Supply of Hillsboro.
See current membership details
Health
A
Data as of Q2 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. Mid-Kansas Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 60906 |
| Year Chartered | 1972 |
| Employees | 17 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.25% |
| Return on Equity - YTD | 2.27% |
| Annual Interest Income | $880.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $55.1MM$51.0MM |
| Loans | Q2 2020vs Q2 2019 | $31.3MM$26.6MM |
| Deposits | Q2 2020vs Q2 2019 | $48.9MM$45.3MM |
| Equity Capital | Q2 2020vs Q2 2019 | $6.0MM$5.6MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $206.00K$198.00K |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $25.00K$107.00K |
| Real Estate Owned | Q2 2020vs Q2 2019 | $0$0 |