Overview / Commentary
Muskogee Federal Credit Union is headquartered in Muskogee and is the 27th largest credit union in the state of Oklahoma. It is also the 1,817th largest credit union in the nation. It was established in 1936 and as of June of 2024, it had grown to 31 employees and 8,385 members at 3 locations. Muskogee Federal Credit Union's CD rates are 5X the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership in Muskogee Federal Credit Union is open to those who live, work, worship, or attend school in Cherokee County or Muskogee County, Oklahoma.
See current membership details
Health
B+
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 946 |
| Year Chartered | 1936 |
| Employees | 31 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.39% |
| Return on Equity - YTD | 16.38% |
| Annual Interest Income | $1.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $100.8MM$102.2MM |
| Loans | Q2 2024vs Q2 2023 | $36.8MM$36.6MM |
| Deposits | Q2 2024vs Q2 2023 | $91.9MM$94.7MM |
| Equity Capital | Q2 2024vs Q2 2023 | $8.6MM$7.3MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $181K$163K |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $89K$75K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$28K |