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800-397-3790
2355 Landon Rd
North Liberty, IA 52317-6508

University of Iowa Community Credit Union is headquartered in North Liberty and is the 2nd largest credit union in the state of Iowa. It is also the 67th largest credit union in the nation. It was established in 1938 and as of March of 2014, it had grown to 282 employees and 113,583 members. University of Iowa Community Credit Union's money market rates are 2X the national average, and it has a A health rating.

Field of Membership Restrictions

Membership is open to anyone living or working in select counties in Iowa. - See Details

Related Posts

University of Iowa Community CU Leads with 23- and 32-month Special CDs - 8/1/2014

University of Iowa Community Credit Union's new 23-month and 32-month Special CD rates are highly competitive, and are also available as IRAs.

Special 15-Month CD Rate at University of Iowa Community Credit Union - Local Only - 9/18/2013

University of Iowa Community Credit Union has a good deal on a 15-month CD special. It has a 1.25% APY for a minimum deposit of $1,000. This is also available in an IRA. The special is listed in the c ...



Not So Rewarding Checking

While the U of Iowa Credit Union currently has some of the best rates available for their Rewards Checking account, beware of all of the hoops they make you jump through to get that rate.  One of the many stipulations is using the account's debit card 12 times a month (a reasonable request).  However, I've now been burned twice by slow posting transactions that mysteriously happen at the end of the month.  This is blamed on the merchant of course, despite the fact that the credit union processes the funds hold the moment the card is swiped.  Their customer service rep actually credited the lost interest to my account the first time this happened about a year ago.  Unfortunately, the customer service rep I encountered this time was rude, snappy and lectured me about how the banking system works (thanks, but I have Google too).  Therefore I decided to exercise what little power we consumers have and am sharing this experience with you in the hope that it might help someone else.  Bottom line if you have a U of I rewards checking account (or two in my case), make sure your 12 transactions have posted prior to the end of the month so your great rate doesn't drop to near zero for that month.

I would give the account 5 stars for the rate, one star for the Byzantine requirements to get that rate and two stars for the sad state of their customer service, which used to be stellar.  At least they picked up the phone quickly.

Very Happy With UICCU

I've been with UICCU ever since I was in school at the University back in '03. The rate on the Rewards Checking has been great, usually the highest I can find anywhere, and I don't feel that what they ask to get the rate is unreasonable. The paperless statements are also less hassle, and the direct deposit was something I wanted anyway. I have been burned by the slow posting transactions before as well, but was given the interest after explaining the situation. The second time, it was simply because I had forgotten to use the card enough times, and I can hardly blame that on them (although I was unaware of the $5 minimum average). I've been MORE than happy with the service that I've received as a customer and have kept my money at UICCU despite the fact that I no longer even live in Iowa City.

Not So Rewarding Rewards Checking Account

5* for still one of the best rates; 0* for innumberable hoops that they make you jump through to get it. Like one other poster, I got burned the first time for late posting of one transaction (they grudgingly made good on the interest that month); the second time I got burned because of one small Debit Card charge; I had 12 ATM Debits > $5 but I didn't realize that the 13th transaction, being of small amount, brought the average of 13 ATM Debit transactions down below $5 ($4.98) (I would have made it if I had done only the twelve transactions!). For crying out loud, I have a Phd in CSE but I cannot keep up with these horrendous requirements and this slow learning-by-getting-burned every month. I may not be able to pull my money out immediately due to their CD bonus rate but this is definitely a royal PITA. The first chance I get I am moving my money out!

UICCU Has Great Customer Service

My 4 year IRA CD just ended and I put most of the money in the new 2% for 25 months CD which is available as an IRA. The IRA dept. has given me great customer service. No complaints at all. I haven't lived in Iowa for many years but was able to join because I am an alumnus of Univ. of Iowa.

VIEW MORE REVIEWS

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 University of Iowa Community Credit Union had $12.95 million in non-current loans and owned real-estate with $202.02 million in equity and loan loss allowances on hand to cover it. This gives University of Iowa Community Credit Union a Texas Ratio of 6.41% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for University of Iowa Community Credit Union experienced no significant changes from 7.11% as of March 31, 2013 to 6.41% as of March 31, 2014, resulting in a positive change of 9.88%.This indicates that the balance sheet and financial strength for University of Iowa Community Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, University of Iowa Community Credit Union has increased its total deposits by $226.72 million, resulting in 14.46% 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 University of Iowa Community Credit Union 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. University of Iowa Community Credit Union has $2.25 billion in assets with $202.02 million in equity, resulting in a capitalization level of 8.99%, which is average.

Institution Statistics

Overall
NCUA #60269
Year Chartered1938
Employees282
Primary Regulator
Assets and Liabilities
Assets$2.25 billion
Loans$2.02 billion
Deposits$1.79 billion
Equity Capital$189.19 million
Loan Loss Allowance$12.83 million
Unbacked Noncurrent Loans$9.97 million
Real Estate Owned$2.99 million
Historic Data - March 2013
Assets$1.98 billion
Equity Capital$157.20 million
Loan Loss Allowance$8.94 million
Unbacked Noncurrent Loans$9.97 million
Real Estate Owned$2.58 million
Profit Margin - Quarterly
Net Interest Margin0.79%
Return on Assets1.49%
Return on Equity17.73%
Interest Income$22.75 million
Rates

Always verify rates and promotions with the bank or credit union. We are not University of Iowa Community Credit Union, we are a rate comparison website and can not provide official rates or promotions.

University of Iowa Community Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.50%$100-Young Investors CD
0.10%$100-Share Savings Account
0.10%$500-Business Savings

University of Iowa Community Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
1.00%$250k-Business Premier Money Market
1.00%$250k-Premier Money Market

University of Iowa Community Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
2.50%-$20kRewards Checking - Qualifying
0.10%$500-Community Checking
0.10%$500-Small Business Checking
0.10%$1k-Business Checking
0.10%$5k-Commercial Checking
0.01%--Rewards Checking - Non Qualifying

University of Iowa Community Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
2.00%$1k-32 Month CD Special
1.75%$1k-23 Month CD Special
1.20%$500-49 - 60 Month CD
0.95%$500-37 - 48 Month CD
0.75%$500-25 - 36 Month CD
0.60%$500-13 - 24 Month CD
0.50%$500-7 - 12 Month CD
0.30%$500-3 - 6 Month CD

University of Iowa Community Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
2.00%$1k-32 Month IRA Special
1.75%$1k-23 Month IRA Special
1.20%$100-49 - 60 Month IRA
0.95%$100-37 - 48 Month IRA
0.75%$100-25 -36 Month IRA
0.60%$100-13 - 24 Month IRA
0.50%$100-7 - 12 Month IRA
0.30%$100-3 - 6 Month IRA
Locations


University of Iowa Community Credit Union Locations
Branch Office500 Iowa AveIowa City, IA 52240
Branch Office4728 University Ave Ste BCedar Falls, IA 50613
Branch Office2340 Edgewood Rd SWCedar Rapids, IA 52404
Branch Office405 S Blairsferry XingHiawatha, IA 52233
Branch Office727 Oakbrook DriveMarion, IA 52302
Branch Office705 6th AveGrinnell, IA 50112
Branch Office825 Mormon Trek BlvdIowa City, IA 52246
Branch Office585 W Penn StNorth Liberty, IA 52317
Branch Office2525 Muscatine AveIowa City, IA 52240
Branch Office1151 2nd StCoralville, IA 52241