Overview / Commentary
Ascentra Credit Union is headquartered in Bettendorf and is the 11th largest credit union in the state of Iowa. It is also the 697th largest credit union in the nation. It was established in 1950 and as of September of 2022, it had grown to 152 employees and 42,163 members at 9 locations. Ascentra Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Ascentra Credit Union is open to those who live or work in Cedar, Clinton, Delaware, Des Moines, Dubuque, Jackson, Johnson, Jones, Linn, Louisa, Muscatine, Scott, and Washington Counties in Iowa or in Carroll, Henry, Jo Daviess, Knox, Mercer, Peoria, Rock Island, and Whiteside Counties in Illinois.
See current membership details
Health
A
Data as of Q3 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 63268 |
| Year Chartered | 1950 |
| Employees | 152 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.31% |
| Return on Equity - YTD | 3.42% |
| Annual Interest Income | $13.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $528.8MM$528.3MM |
| Loans | Q3 2022vs Q3 2021 | $354.6MM$302.3MM |
| Deposits | Q3 2022vs Q3 2021 | $460.8MM$458.0MM |
| Equity Capital | Q3 2022vs Q3 2021 | $47.6MM$49.1MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $5.3MM$3.2MM |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $2.2MM$1.2MM |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |