Independence Teachers Credit Union Independence, Missouri
Independence Teachers Credit Union is a state-chartered credit union headquartered in Independence, MO, established in 1959 (NCUA charter 62620), and it is regulated and insured by the NCUA. At Q2 2026 it reported 1,862 members and total assets of $16.5M (down 0.4% from Q2 2025), the 63rd largest of 85 credit unions headquartered in Missouri. Its net worth ratio was 15.52% at Q2 2026, in the well capitalized band.
Also written as Independence Teachers CU
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- State-chartered credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 62620
- Headquarters
- Independence, MO
- Established
- 1959
- Total assets, Q2 2026
- $16.5M
- Assets vs Q2 2025
- -0.4%
- Members, Q2 2026
- 1,862
- Net worth ratio, Q2 2026
- 15.52%
- Latest call report
- Q2 2026, NCUA 5300 · Independence Teachers Credit Union call report
- Asset rank in state
- 63rd of 85 in Missouri
- Routing number
- 301080431
- Branches
- 1
It has 18 fewer members than on June 30, 2025 (-1.0%). Its net worth ratio was up 1.13 percentage points from 14.39% on June 30, 2025. Used vehicle loans are its largest loan category, $2.5M of $4.5M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.03% is below the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026. Its 15.52% net worth ratio is above that band's 14.31% median.
Credit unions similar in size in Missouri
Frequently asked about Independence Teachers Credit Union
How big is Independence Teachers Credit Union?
At Q2 2026 it reported total assets of $16.5M and 1,862 members.
Where is Independence Teachers Credit Union headquartered?
It is headquartered in Independence, MO, United States.
When was Independence Teachers Credit Union founded?
It was established in 1959, per NCUA records.
Is Independence Teachers Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 62620): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Independence Teachers Credit Union?
It is a state-chartered credit union, supervised by its state credit union regulator and by the NCUA, which insures its shares.
Is Independence Teachers Credit Union well capitalized?
Its net worth ratio was 15.52% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Independence Teachers Credit Union's delinquency ratio?
Its delinquency ratio was 0.03% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Independence Teachers Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 32.45% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Independence, MO 64050
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1959
- NCUA Charter #
- 62620
- RSSD ID
- 789994
- Members
- 1,862
- Potential members
- 2,500
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 2,479 credit unions with under $100M in assets, as of Q2 2026. It is in the top quartile on 2 of 7 ranked measures and in the bottom quartile on 2.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 11.14% to 19.38% | 15.52% | 14.31% | 56th above |
| Return on assets Middle half of peers: 0.16% to 1.30% | 1.08% | 0.72% | 66th above |
| Return on equity Middle half of peers: 1.04% to 8.69% | 6.95% | 4.74% | 64th above |
| Net interest margin Middle half of peers: 3.31% to 4.53% | 2.80% | 3.93% | 12th bottom |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | 63.27% | 79.83% | 82nd top |
| Cost of funds Middle half of peers: 0.37% to 1.23% | 1.28% | 0.78% | 23rd bottom |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | 0.03% | 0.86% | over 90th top |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 4.08% | 4.70% | 21st position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 32.45% | 58.92% | 14th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$16.5M total assets against $16.5M; $13.9M total shares and deposits against $14.1M; $4.5M total loans against $4.9M.
$2.6M net worth against $2.4M.
15.52% net worth ratio against 14.39%.
32.45% loan-to-share ratio against 34.90%.
0.03% delinquency ratio against 1.15%.
1.08% return on assets against 0.65%; 6.95% return on equity against 4.52%.
2.80% net interest margin against 2.83%.
1,862 members against 1,880.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 15.52% | 1.08% | 0.03% | 32.45% |
| March 31, 2026 | 15.12% | 0.92% | — | 31.78% |
| December 31, 2025 | 15.40% | 0.99% | 0.29% | 33.94% |
| September 30, 2025 | 14.88% | 1.33% | 0.67% | 35.76% |
| June 30, 2025 | 14.39% | 0.65% | 1.15% | 34.90% |
| March 31, 2025 | 14.61% | 1.38% | 0.47% | 37.85% |
Scroll sideways to see every column.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.