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MULTIPLI CREDIT UNION

Dec, 31, 2023 — MULTIPLI CREDIT UNION is a federally insured state chartered credit union headquartered in SPRINGFIELD, MO with 4 branch locations and about $182.77 million in total assets. Opened 90 years ago in 1934, MULTIPLI CREDIT UNION has about 10,453 members and employs 42 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MULTIPLI CREDIT UNION
Address:
(Main Office)
1850 S Blackman Rd, Suite 100
SPRINGFIELD, MO 65809
Phone:(417) 865-3912
Fax:
Website:https://multiplicu.com
Branches:4 branch locations
Members:10,453
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:63411
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1934
Last Audited:Dec 01, 2023
FHLB Member:Yes
Low Income Designation:No
Assets:$182,768,875
CEO/Manager:Judy Hadsall
Chairperson:Ben Jones

Call Report

  • First Time Homebuyer Program
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 23,877,207
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 62,448,094
 Unsecured Loans 3,772,843
 Other Loans 44,448,912
 TOTAL LOANS 112,544,560
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,148,400
 Land And Building 10,577,188
 Other Fixed Assets 1,252,203
 NCUSIF Deposit 1,334,733
 All Other Assets 0
  TOTAL ASSETS 182,768,875
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 6,000,000
 Accounts Payable & Other Liabilities 2,661,695
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 28,545,111
 Regular shares 76,721,423
 All Other Shares & Deposits 42,412,594
  TOTAL SHARES & DEPOSITS 147,679,128
  TOTAL LIABILITIES 156,340,823
 Regular Reserve 0
 Other Reserves 19,746,554
 Undivided Earnings 6,681,498
  TOTAL EQUITY 26,428,052
  TOTAL LIABILITIES, SHARES, & EQUITY 182,768,875
INCOME & EXPENSE  
 Loan Income 5,621,829
 Investment Income 1,538,530
 Other Income 1,235,982
 Total Employee Compensation & Benefits 3,338,773
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 2,850,998
 Non-operating Income & (Expense) 4,114
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 172,922
 Cost of Funds 1,460,996
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,832,137
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