Southwest Counties School Employees Credit Union (EIN: 431649717) was a federally insured state-chartered credit union based in Neosho, Missouri, established in 1993. It primarily served school employees in the southwest counties of Missouri, providing tailored financial services including checking and savings accounts, ATM and debit card programs, and other banking services to its members. At its peak, the credit union managed assets of approximately $1.97 million and maintained a membership base of around 726 individuals[5][3][4].

As a financial cooperative, Southwest Counties School Employees Credit Union operated to serve the financial needs of local school employees, fostering community banking values and personalized service. It held a charter number 68047 and was regulated under the National Credit Union Administration (NCUA) with federal insurance protection for its members[5].

The credit union experienced regulatory oversight actions, including a civil money penalty order issued by the NCUA in November 2019, reflecting regulatory compliance enforcement within the federal credit union system[2].

In its later history, Southwest Counties School Employees Credit Union merged members and operations into Legacy Credit Union, a larger financial cooperative also serving local school employees and related members. Legacy Credit Union emphasized community-focused, member-friendly service, welcoming members from Southwest Counties School Employees Credit Union to continue their banking relationship within a broader credit union network[1].

Southwest Counties School Employees Credit Union ceased active operations and is no longer listed as an active credit union by the NCUA as of mid-2024[5]. Its legacy continues through its integration into Legacy Credit Union, which maintains service to the population originally served by Southwest Counties School Employees Credit Union.

Summary of Key Information

This credit union played a role in supporting the financial needs of regional school employees through its member-owned cooperative model until its operations were absorbed by a larger institution to continue serving its community[1][2][5].