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MORTON CREDIT UNION

Sep, 30, 2025 — MORTON CREDIT UNION is a federally insured state chartered credit union headquartered in SOUTH HUTCHINSON, KS with 1 branch location and about $5.08 million in total assets. Opened 85 years ago in 1941, MORTON CREDIT UNION has about 777 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:MORTON CREDIT UNION
Address:
(Main Office)
121 Morton Dr
SOUTH HUTCHINSON, KS 67505-1319
Phone:(620) 665-6792
Fax:(620) 665-6859
Website:https://www.mortoncu.com
Branches:1 branch locations
Members:777
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:65466
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1941
Last Audited:Dec 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$5,079,625
CEO/Manager:Christina Gardner
Chairperson:SHEMEKIA M GREEN

Call Report

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Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 673,647
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 579,497
 Other Loans 3,159,125
 TOTAL LOANS 3,738,621
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -54,035
 Land And Building 0
 Other Fixed Assets 25,322
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 44,696
 All Other Assets 0
  TOTAL ASSETS 5,079,625
LIABILITIES & CAPITAL:  
 Dividends Payable 620
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 16,691
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,008,255
 Regular shares 1,867,486
 All Other Shares & Deposits 1,445,010
  TOTAL SHARES & DEPOSITS 4,320,751
  TOTAL LIABILITIES 4,338,062
 Regular Reserve 0
 Other Reserves 375,363
 Undivided Earnings 366,200
  TOTAL EQUITY 741,563
  TOTAL LIABILITIES, SHARES, & EQUITY 5,079,625
INCOME & EXPENSE  
 Loan Income 196,403
 Investment Income 37,277
 Other Income 50,898
 Total Employee Compensation & Benefits 102,954
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 146,257
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 12,000
 Cost of Funds 26,367
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 32,758
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