Sep, 30, 2025 — M O FEDERAL CREDIT UNION is a federal credit union headquartered in HURON, SD with 1 branch location and about $42.41 million in total assets. Opened 76 years ago in 1950, M O FEDERAL CREDIT UNION has about 1,783 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | M O FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 1730 Dakota Ave S HURON, SD 57350 |
| Phone: | (605) 353-9977 |
| Fax: | (605) 353-1732 |
| Website: | https://www.m-ofcu.com |
| Branches: | 1 branch locations |
| Members: | 1,783 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 7020 |
|---|---|
| Membership Type: | Multiple common bond - Primarily federal, state, local government |
| Corporate Credit Union: | No |
| Year Opened: | 1950 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $42,410,299 |
| CEO/Manager: | Gail L Broer |
| Chairperson: | Teresa S Urban |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 497,279 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 13,709,492 |
| Unsecured Loans | 946,699 |
| Other Loans | 7,528,149 |
| TOTAL LOANS | 22,184,340 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -71,932 |
| Land And Building | 330,485 |
| Other Fixed Assets | 99,941 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 364,209 |
| All Other Assets | 0 |
| TOTAL ASSETS | 42,410,299 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 119,178 |
| Notes & Interest Payable | 19,692 |
| Accounts Payable & Other Liabilities | 227,529 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 9,177,789 |
| Regular shares | 13,247,840 |
| All Other Shares & Deposits | 14,204,862 |
| TOTAL SHARES & DEPOSITS | 36,630,491 |
| TOTAL LIABILITIES | 36,996,890 |
| Regular Reserve | 0 |
| Other Reserves | 0 |
| Undivided Earnings | 5,413,409 |
| TOTAL EQUITY | 5,413,409 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 42,410,299 |
| INCOME & EXPENSE | |
| Loan Income | 829,634 |
| Investment Income | 632,952 |
| Other Income | 77,816 |
| Total Employee Compensation & Benefits | 501,844 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 257,134 |
| Non-operating Income & (Expense) | -92 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 403,651 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 434,124 |
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