Community Choice CU (IA) is headquartered in Johnston and is the 7th largest credit union in the state of Iowa. It is also the 525th largest credit union in the nation. It was established in 1953 and as of June of 2022, it had grown to 154 employees and 50,649 members at 8 locations. Community Choice CU (IA) has an A+ health rating.
Field of Membership Restrictions
Membership in Community Choice CU is open to those who live or work in Adair, Boone, Clarke, Dallas, Green, Guthrie, Hamilton, Hardin, Jasper, Lucas, Madison, Mahaska, Marion, Marshall, Monroe, Polk, Poweshiek, Story, Union, or Warren Counties in Iowa.
See current membership details
Community CU
I have been a member of Community Choice Credit Union for over 5 years now. I have used them for a variety of reasons such as checking account, savings, account, CDs and auto loans. I no longer have a checking account with them but when I did it was sufficient enough to do everything I needed to do with no fees. I currently still have a savings account and a CD with them. The savings account doesn't have the greatest interest rate but it is a simple place to stash money away so it isn't spent. Buying a 24 month CD with them was also very simple and hassle free.
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 65078 |
| Year Chartered | 1953 |
| Employees | 154 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.71% |
| Return on Equity - YTD | 6.77% |
| Annual Interest Income | $13.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $772.7MM$722.3MM |
| Loans | Q2 2022vs Q2 2021 | $588.1MM$544.9MM |
| Deposits | Q2 2022vs Q2 2021 | $679.2MM$626.8MM |
| Equity Capital | Q2 2022vs Q2 2021 | $80.9MM$76.0MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $4.2MM$4.2MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $1.4MM$1.2MM |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |