Missouri Electric Cooperatives Empl Credit Union

A short history of Missouri Electric Cooperatives Empl CU

Since its inception in 1975 the Missouri Electric Cooperatives Empl Credit Union has been serving its members in the Jefferson City, Missouri area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Randy Marks, the Missouri Electric Cooperatives Empl CU has grown its membership to over 9,939 with assets of more than $170,621,690. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (573) 634-2595 or email them at mececu@mececu.com to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Jefferson City, MO.

General Information For Missouri Electric Cooperatives Empl CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Compare Missouri Electric Cooperatives Empl Credit Union To Other Local Credit Unions

Credit Union Name	Branch Name	Address	Zip Code	Phone Number	ATM Access	Distance (Miles)
Missouri Baptist CU	Main Office	400 E High St	65101	(573) 635-4428	No	0.36
Employment Security CU	Employment Security Credit Union	400 E Miller St	65102	(573) 636-5338	No	0.38
J C Federal Employees CU	JC Federal Employees	1009 Madison St Ste 3	65101	(573) 635-8263	No	0.63
Highway Alliance CU	Main Office	2010 William St	65109	(573) 632-2848	No	1.59
Kilowatt Community CU	Kilowatt Community Credit Union	2422 Hyde Park Rd Ste A	65109	(573) 635-2685	No	1.97

Missouri Electric Cooperatives Empl Credit Union Financial Performance Charts

Financial Data

Missouri Electric Cooperatives Empl Credit Union Lowest Loan Rates With State and USA Rankings

	Unsecured Credit Card	New Car Loans	Used Car Loans	1st Mortgage Loans	Other Real Estate
Rate	8.00	2.50	3.25	4.00	4.25
Mean Rate For All USA Based Credit Unions	10.56	3.72	5.00	4.48	4.95
Rank Among All USA Credit Unions	91	84	120	138	132
Rank Among All Missouri Credit Unions	5	9	18	19	13

Missouri Electric Cooperatives Empl Credit Union Highest Deposit Rates With State and USA Rankings

	Checking	Regular Savings	Money Market	Certificates of Deposits	IRA/KEOGH
Rate	0.25	0.50	N/A	1.25	1.40
Mean Rate For All USA Based Credit Unions	0.19	0.26	0.29	0.73	0.66
Rank Among All USA Credit Unions	95	66	N/A	126	107
Rank Among All Missouri Credit Unions	7	7	N/A	5	3

Missouri Electric Cooperatives Empl Credit Union Loans and Leases

Interest Rate

Number of Loans

Amount

Unsecured Credit Card Loans	8.000	2,385	2,497,940
All Other Unsecured Loans/Lines of Credit	6.500	857	3,746,132
Short-Term, Small Amount Loans (STS) (Federal CU Only)	0.000	0	0
Non-Federally Guaranteed Student Loans	6.000	265	2,243,149
New Vehicle Loans	2.500	679	14,749,222
Used Vehicle Loans	3.250	1,723	21,838,672
Total 1st Mortgage Real Estate Loans/Lines of Credit	4.000	204	23,038,161
Total Other Real Estate Loans/Lines of Credit	4.250	570	28,643,600
Leases Receivable	0.000	0	0
Total All Other Loans/Lines of Credit	4.750	612	6,341,961
TOTAL LOANS & LEASES		7,295	103,098,837

Missouri Electric Cooperatives Empl Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding

Amt of Loans Outstanding

No. of Loans Granted Year- to-Date

Amount Granted Year-To-Date

Fixed Rate
a. > 15 years	8	1,277,419	0	0
b. 15 Years or less	25	2,761,495	2	473,300
Balloon/Hybrid
a. > 15 years	31	4,578,772	9	1,254,400
b. 15 Years or less	139	14,358,238	5	1,081,250
Other Fixed Rate	0	0	0	0
Adjustable Rate 1 yr or less	1	62,237	0	0
Adjustable Rate > 1 yr	0	0	0	0

OTHER REAL ESTATE

Closed-End Fixed Rate	0	0	0	0
Closed-End Adjustable Rate	0	0	0	0
Open-End Adjustable Rate	570	28,643,600	165	6,118,882
Open-End Fixed Rate	0	0	0	0
TOTALS	774	51,681,761	181	8,927,832

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans	0	0		0
Interest Only & Payment Option Other RE/LOC Loans	0	0		0
REVERSE MORTGAGES
a. Federally Insured Home Equity Conversion Mortgage (HECM)	0	0	0	0
b. Proprietary Reverse Mortgage Products	0	0	0	0

Missouri Electric Cooperatives Empl Credit Union Member Offerings

First Time Homebuyer Program	No
Real Estate Loans	Yes
Pay Day Lending	No
Share Secured Credit Cards	No
Overdraft Protection/Courtesy Pay	No
Overdraft Lines of Credit	Yes
ATM/Debit Card Program	Yes
Interest Only and Payment Option 1st Mortgage Loans	No
Check Cashing	Yes
Money Orders	No
No Surcharge ATMs	No
Home Banking Via Internet Website	Yes