FO ME BO CO Credit Union Profile

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FO ME BO CO

Charter #19432 | NCUA Region 2 | FCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (260) 563-0334

Fax: (260) 563-5728

Founding Date: N/A

Personnel & Operations

President: Davis, Jack

Manager: Burchett, Linette

FT Employees: 2

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 12

Branches: 1

Hours: 6:45 am to 11:00 am 12:00 pm to 3:45 pm

Credit Union Profile Summary

FO ME BO CO is a FCU Credit Union. With a total of 689 members [1], this institution manages approximately $4,357,617 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 13.29% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at -1.36% [1].

Financial Snapshot

Total Assets [1]
$4,357,617

Total economic resources.

Total Loans [1]
$2,560,615

Total value of outstanding loans.

Total Deposits [1]
$3,775,010

Total funds deposited by members.

Members [1]
689

Number of active members.

Performance Ratios

Net Worth Ratio [1]
13.29%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
2.07%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
67.83%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
2.16%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
-1.36%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
2.38%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

775 Manchester Ave

Wabash, IN, 46992-1420

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 1 branches reported by FO ME BO CO (Charter #19432).

Main Office

FO ME BO CO FCU Main Office

Type: Corporate Office

775 Manchester Ave

Wabash, IN 46992-1420

Phone: (260) 563-0334

Services: Member Services

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