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641-683-6752
235 Richmond Ave
Ottumwa, IA 52501

Community 1St CU (IA) is headquartered in Ottumwa and is the 6th largest credit union in the state of Iowa. It is also the 455th largest credit union in the nation. It was established in 1936 and as of March of 2014, it had grown to 178 employees and 50,031 members. Community 1St CU (IA)'s savings rates are 92% higher than the national average, and it has a A health rating.

Field of Membership Restrictions

Must live or work in selected Iowa or Missouri counties. - See Details

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Reviews (1)

Community 1St Is A 5 Star Financial Institution

Community First Credit Union of Pella: Friendly Representatives, Prompt service, minimal fees, convienient location and hours, and even a Dollar Dog account for the little ones.

I am a happy Community 1st Member and they are definitely a  part of my financial education and plan.

                                                             Pamela C.



Health

Data for Q1 2014

Institution Health

A

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Community 1St CU (IA) had $3.06 million in non-current loans and owned real-estate with $43.1 million in equity and loan loss allowances on hand to cover it. This gives Community 1St CU (IA) a Texas Ratio of 7.09% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Community 1St CU (IA) decreased slightly from 8.87% as of March 31, 2013 to 7.09% as of March 31, 2014, resulting in a positive change of 20.04%.This indicates that the balance sheet and financial strength for Community 1St CU (IA) has improved slightly in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Community 1St CU (IA) has increased its total deposits by $58.96 million, resulting in 14.89% 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 Community 1St CU (IA) has shown is excellent.

Capitalization

GRADE:
C

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. Community 1St CU (IA) has $500.12 million in assets with $43.1 million in equity, resulting in a capitalization level of 8.62%, which is average.

Institution Statistics

Overall
NCUA #68510
Year Chartered1936
Employees178
Primary Regulator
Assets and Liabilities
Assets$500.12 million
Loans$410.82 million
Deposits$454.84 million
Equity Capital$41.01 million
Loan Loss Allowance$2.09 million
Unbacked Noncurrent Loans$2.29 million
Real Estate Owned$767,000
Historic Data - March 2013
Assets$437.78 million
Equity Capital$35.99 million
Loan Loss Allowance$1.79 million
Unbacked Noncurrent Loans$2.29 million
Real Estate Owned$1.03 million
Profit Margin - Quarterly
Net Interest Margin0.95%
Return on Assets0.62%
Return on Equity7.52%
Interest Income$4.73 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Community 1St CU (IA), we are a rate comparison website and can not provide official rates or promotions.

Community 1St CU (IA) Savings Account Rates

DetailsAPYMINMAXPRODUCT
1.00%--IRA Shares
1.00%--Roth IRA Shares
0.60%$1k-Golden Opportunity Club Savings
0.20%--Christmas Club
0.20%$2,501-Regular Share Savings
0.20%$2,501-Secondary Share Savings

Community 1St CU (IA) Money Market Rates

DetailsAPYMINMAXPRODUCT
0.40%$25k-Money Market Account

Community 1St CU (IA) Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.50%$1k-C1st Platinum Checking
0.50%--Commercial Checking
0.20%--Your Voice Checking
0.20%--C1st Interest Checking
0.20%--Golden Opportunity Checking
0.20%$2,500-Business C1st Interest Checking

Community 1St CU (IA) CD Rates

DetailsAPYMINMAXPRODUCT
1.95%$50k-60 Month CD
1.60%$50k-48 Month CD
1.40%$50k-36 Month CD
1.10%$50k-24 Month CD
0.80%$50k-12 Month CD
0.30%$7,501-06 Month CD
0.30%$250-12 Month Dollar Dog Club Add-On CD
0.20%$7,501-03 Month CD

Community 1St CU (IA) IRA Rates

DetailsAPYMINMAXPRODUCT
1.95%$50k-60 Month IRA
1.95%$50k-60 Month Roth IRA
1.60%$50k-48 Month IRA
1.60%$50k-48 Month Roth IRA
1.40%$50k-36 Month IRA
1.40%$50k-36 Month Roth IRA
1.10%$50k-24 Month IRA
0.80%$50k-12 Month IRA
Locations

Community 1St CU (IA) has 15 locations. Click to view all Community 1St CU (IA) locations.