Mutual First Federal Credit Union
Overview / Commentary
Mutual First Federal Credit Union is headquartered in Omaha and is the 11th largest credit union in the state of Nebraska. It is also the 1,656th largest credit union in the nation. It was established in 1949 and as of September of 2018, it had grown to 33 employees and 11,665 members at 2 locations. Mutual First Federal Credit Union has a B health rating.
Field of Membership Restrictions
Membership in Mutual First Federal Credit Union is open to those who live, work, worship or attend school in the following counties of Nebraska and Iowa: Cass, Sarpy, Douglas, Washington, or Pottawattamie.
See current membership details
Related Posts
Health
B
Data as of Q3 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. Mutual First Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 24540 |
| Year Chartered | 1949 |
| Employees | 33 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.2% |
| Return on Equity - YTD | 2.26% |
| Annual Interest Income | $3.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $95.2MM$102.3MM |
| Loans | Q3 2018vs Q3 2017 | $73.1MM$69.9MM |
| Deposits | Q3 2018vs Q3 2017 | $79.8MM$84.0MM |
| Equity Capital | Q3 2018vs Q3 2017 | $8.5MM$8.7MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $752.00K$696.00K |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $942.00K$908.00K |
| Real Estate Owned | Q3 2018vs Q3 2017 | $0$0 |
Rates
Rates for Mutual First Federal Credit Union are currently being reviewed.
Locations
| Mutual First Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 14510 F St | Omaha, NE 68137 |
| Branch Office | 8073 Blondo St | Omaha, NE 68134 |