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Overview / Commentary
100 S. Cherry Street
Mount Pleasant, IA 52641

5 Star Credit Union is headquartered in MOUNT PLEASANT and is the 47th largest credit union in the state of Iowa. It is also the 3,149th largest credit union in the nation. It was established in 1950 and as of December of 2013, it had grown to 10 employees and 5,130 members. 5 Star Credit Union has a B+ health rating.

Field of Membership Restrictions

Anyone who lives or works in Henry County or it's surrounding counties (Van Buren, Lee, Jefferson, Des Moines, Washington, Louisa) and their immediate family members. - See Details

Reviews (1)

They Loan You A Umbrella And As Soon As It Starts To Rain They Want It Back

I found in fourteen years of banking with them they are unwilling to do things to help people or businesses that have helped them.  After discussing my difficulties with them to a friend who is a VP at large big city bank I found this one isnt a place to form a long term banking relationship, and if you have been with them for over a decade they treat you as if you are a new customer, and when behind your are a second class citizen


Data for Q4 2013

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. 5 Star Credit Union has a low asset base.

Texas Ratio


The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 5 Star Credit Union had $287,000 in non-current loans and owned real-estate with $3.24 million in equity and loan loss allowances on hand to cover it. This gives 5 Star Credit Union a Texas Ratio of 8.87% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for 5 Star Credit Union experienced no significant changes from 8.69% as of December 31, 2012 to 8.87% as of December 31, 2013, resulting in a negative change of 2.04%. This indicates that the balance sheet and financial strength for 5 Star Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, 5 Star Credit Union has increased its total deposits by $6.24 million, resulting in 37.89% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth 5 Star Credit Union has shown is excellent.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. 5 Star Credit Union has $25.89 million in assets with $3.24 million in equity, resulting in a capitalization level of 12.50%, which is excellent.

Institution Statistics

NCUA #64878
Year Chartered1950
Primary Regulator
Assets and Liabilities
Assets$25.89 million
Loans$15.54 million
Deposits$22.70 million
Equity Capital$3.14 million
Loan Loss Allowance$94,000
Unbacked Noncurrent Loans$287,000
Real Estate Owned$0
Historic Data - December 2012
Assets$18.64 million
Equity Capital$2.12 million
Loan Loss Allowance$112,000
Unbacked Noncurrent Loans$287,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin4.17%
Return on Assets0.27%
Return on Equity2.23%
Interest Income$832,000

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5 Star Credit Union Locations
Branch Office100 S Cherry StMount Pleasant, IA 52641