Morton Credit Union
LOCATIONS
1
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HEALTH RATING
C
View health report
CURRENT TOP RATE
0.60% APY
12 Month CD
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Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 0.60% | 1-year CD | 2.65% - Barclays 12 Month Online CD |
| 0.20% | Savings | 2.00% - Ally Bank Online Savings Account |
| 0.60% | 2-year CD | 2.70% - Capital One 24 Month 360 CD |
Overview / Commentary
Morton Credit Union is headquartered in South Hutchinson and is the 65th largest credit union in the state of Kansas. It is also the 4,768th largest credit union in the nation. It was established in 1941 and as of June of 2018, it had grown to 4 employees and 854 members at 1 location. Morton Credit Union has a C health rating.
Field of Membership Restrictions
Membership in Morton Credit Union is open to those who live in Reno County, Kansas and the surrounding counties.
See current membership details
Health
C
Data as of Q2 2018
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. Morton Credit Union has a very low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 65466 |
| Year Chartered | 1941 |
| Employees | 4 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.81% |
| Return on Equity - YTD | 12.28% |
| Annual Interest Income | $114.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $4.4MM$4.2MM |
| Loans | Q2 2018vs Q2 2017 | $3.1MM$2.7MM |
| Deposits | Q2 2018vs Q2 2017 | $3.5MM$3.6MM |
| Equity Capital | Q2 2018vs Q2 2017 | $635.00K$573.00K |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $9.00K$8.00K |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $53.00K$10.00K |
| Real Estate Owned | Q2 2018vs Q2 2017 | $0$0 |
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Morton Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.30% | $2.5k | - | Money Management | |
| 0.20% | - | - | Regular Shares | |
| 0.20% | - | - | Christmas Club |
Morton Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.60% | - | - | 12 Month CD | |
| 0.60% | - | - | 18 Month CD | |
| 0.60% | - | - | 24 Month CD | |
| 0.50% | - | - | 6 Month CD |
Locations
| Morton Credit Union Locations | ||
|---|---|---|
| Branch Office | 121 Morton Dr | South Hutchinson, KS 67505-1319 |