Sep, 30, 2025 — MUNICIPAL EMPLOYEES CREDIT UNION (MECU) is a federally insured state chartered credit union headquartered in OKLAHOMA CITY, OK with 5 branch locations and about $178.30 million in total assets. Opened 92 years ago in 1934, MUNICIPAL EMPLOYEES CREDIT UNION (MECU) has about 9,766 members and employs 43 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MUNICIPAL EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 101 N WALKER AVE OKLAHOMA CITY, OK 73102-2229 |
| Phone: | (405) 813-5500 |
| Fax: | (405) 813-3019 |
| Website: | https://www.mecuokc.org |
| Branches: | 5 branch locations |
| Members: | 9,766 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 65503 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1934 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $178,297,053 |
| CEO/Manager: | JOHN CUMMINGS |
| Chairperson: | WILEY WILLIAMS |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 34,654,715 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 59,733,872 |
| Unsecured Loans | 7,670,391 |
| Other Loans | 66,946,017 |
| TOTAL LOANS | 134,350,280 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -559,131 |
| Land And Building | 1,582,748 |
| Other Fixed Assets | 810,800 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,311,062 |
| All Other Assets | 0 |
| TOTAL ASSETS | 178,297,053 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 211 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 987,375 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 43,358,405 |
| Regular shares | 42,145,784 |
| All Other Shares & Deposits | 75,569,420 |
| TOTAL SHARES & DEPOSITS | 161,073,609 |
| TOTAL LIABILITIES | 162,061,195 |
| Regular Reserve | 0 |
| Other Reserves | -124 |
| Undivided Earnings | 16,235,982 |
| TOTAL EQUITY | 16,235,858 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 178,297,053 |
| INCOME & EXPENSE | |
| Loan Income | 5,219,751 |
| Investment Income | 765,751 |
| Other Income | 1,538,411 |
| Total Employee Compensation & Benefits | 2,537,444 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,454,313 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | -353,373 |
| Cost of Funds | 1,548,662 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 429,273 |
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