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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 454th largest credit union in the nation. It was established in 1936 and as of December of 2013, it had grown to 169 employees and 48,867 members. Community 1St CU (IA) 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 Q4 2013

Institution Health

A

Texas Ratio

GRADE:
A+

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 Community 1St CU (IA) had $3.31 million in non-current loans and owned real-estate with $42.2 million in equity and loan loss allowances on hand to cover it. This gives Community 1St CU (IA) a Texas Ratio of 7.84% 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 9.80% as of December 31, 2012 to 7.84% as of December 31, 2013, resulting in a positive change of 20.03%.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 $56.3 million, resulting in 15.18% 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 $475.53 million in assets with $42.2 million in equity, resulting in a capitalization level of 8.87%, which is average.

Institution Statistics

Overall
NCUA #68510
Year Chartered1936
Employees169
Primary Regulator
Assets and Liabilities
Assets$475.53 million
Loans$406.15 million
Deposits$427.13 million
Equity Capital$40.24 million
Loan Loss Allowance$1.96 million
Unbacked Noncurrent Loans$2.61 million
Real Estate Owned$695,000
Historic Data - December 2012
Assets$411.64 million
Equity Capital$34.76 million
Loan Loss Allowance$2.08 million
Unbacked Noncurrent Loans$2.61 million
Real Estate Owned$1.02 million
Profit Margin - Quarterly
Net Interest Margin3.7%
Return on Assets1.15%
Return on Equity13.63%
Interest Income$18.44 million
Rates

Sorry, we do not have rate data for Community 1St CU (IA)

Locations

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