Dec, 31, 2023 — SHOW-ME CREDIT UNION is a federally insured state chartered credit union headquartered in MEXICO, MO with 1 branch location and about $34.46 million in total assets. Opened 70 years ago in 1954, SHOW-ME CREDIT UNION has about 3,557 members and employs 10 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | SHOW-ME CREDIT UNION |
|---|---|
| Address: (Main Office) | 550 S Muldrow St MEXICO, MO 65265-2014 |
| Phone: | (573) 581-6978 |
| Fax: | (573) 581-4806 |
| Website: | https://showmecu.org |
| Branches: | 1 branch locations |
| Members: | 3,557 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62960 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1954 |
| Last Audited: | Mar 01, 2023 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $34,457,613 |
| CEO/Manager: | Kent A Groves |
| Chairperson: | Andrew J Baker |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 4,833,645 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 11,896,247 |
| Unsecured Loans | 1,690,945 |
| Other Loans | 6,382,321 |
| TOTAL LOANS | 19,969,514 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -137,154 |
| Land And Building | 347,388 |
| Other Fixed Assets | 11,654 |
| NCUSIF Deposit | 294,870 |
| All Other Assets | 0 |
| TOTAL ASSETS | 34,457,613 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 4,679 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 29,929 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,227,145 |
| Regular shares | 18,555,489 |
| All Other Shares & Deposits | 5,019,387 |
| TOTAL SHARES & DEPOSITS | 29,802,021 |
| TOTAL LIABILITIES | 29,836,629 |
| Regular Reserve | 0 |
| Other Reserves | 635,078 |
| Undivided Earnings | 3,985,906 |
| TOTAL EQUITY | 4,620,984 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 34,457,613 |
| INCOME & EXPENSE | |
| Loan Income | 1,131,428 |
| Investment Income | 414,763 |
| Other Income | 94,706 |
| Total Employee Compensation & Benefits | 656,770 |
| NCUSIF Premiums Expense | 0 |
| Total Other Operating Expenses | 713,717 |
| Non-operating Income & (Expense) | 5,900 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 24,199 |
| Cost of Funds | 76,972 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 394,107 |
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