Corda Credit Union

Corda Credit Union

Overview / Commentary
3015 Blairs Ferry Rd NE
Cedar Rapids, IA 52402

Corda Credit Union is headquartered in Cedar Rapids and is the 8th largest credit union in the state of Iowa. It is also the 613th largest credit union in the nation. It was established in 1935 and as of December of 2023, it had grown to 99 employees and 25,865 members at 5 locations. Corda Credit Union's money market rates are 9X the national average, and it has an A health rating.

Field of Membership Restrictions

Membership in Corda Credit Union is open to those who live or work in the Iowa counties of Benton, Black Hawk, Bremer, Buchanan, Cedar, Clayton, Clinton, Delaware, Dubuque, Fayette, Iowa, Jackson, Johnson, Jones, Keokuk, Linn, Louisa, Muscatine, Poweshiek, Scott, Tama or Washington. Anyone whose family member is a current member of the credit union is also eligible to join.
See current membership details

Reviews (2)

High yield earns me big $$

Posted by: |

I have multiple checking accounts with this credit union, as well as a savings account, and an organization I work for has their business account with them, which I'm a signer on. I've had nothing but good experiences with them, and their products. The high-yield checking account is awesome, with ATM fee refunds and interest earned that's much better than I'd get on most accounts, plus they don't charge me fees like most places do. It's not an option with the business account, but that's not a big deal for me.

They just got a mobile app too, finally, but I know they're smaller than the big places, so I'm sure it takes time to do that kind of stuff. It's really nice to be able to use my phone to check balances, transfer money, etc. I don't feel like I'm missing out on anything provided by a big bank, but I get way better service, pay less (or nothing) for fees, and always have super nice people to work with if I ever need anything!

I'm Very Upset That LACU Lowered Their HYC Rate To 4%

Posted by: |

I'm very upset that LACU lowered their HYC rate to 4%.  I moved my money to CRBT and have been very pleased to earn 5% there instead.


Health Grade Components

NCUA #63602
Year Chartered1935
Primary Regulator
Profit Margin
Return on Assets - YTD1.01%
Return on Equity - YTD10.21%
Annual Interest Income$29.8MM
Assets and Liabilities
AssetsQ4 2023vs Q4 2022$667.2MM$621.2MM
LoansQ4 2023vs Q4 2022$573.1MM$530.3MM
DepositsQ4 2023vs Q4 2022$507MM$472.6MM
Equity CapitalQ4 2023vs Q4 2022$65.5MM$59.7MM
Loan Loss AllowanceQ4 2023vs Q4 2022$2.2MM$1.7MM
Unbacked Noncurrent LoansQ4 2023vs Q4 2022$3.7MM$1.4MM
Real Estate OwnedQ4 2023vs Q4 2022$179K$0
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Always verify rates and promotions with the bank or credit union. We are not Corda Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Corda Credit Union Savings Account Rates

0.60%*$10k*$50kHealth Savings Account
OTHER TIERS: 0.20% $500 - $1k | 0.40% $1k - $10k
0.40%$25-IRA Variable Savings
0.15%$100-Regular Share Savings
0.15%--Christmas Club
0.15%$100-Escrow Account

Corda Credit Union Money Market Rates

4.00%*$500k*-High Yield Money Market
OTHER TIERS: 1.25% $5k - $50k | 2.25% $50k - $100k | 3.25% $100k - $250k | 3.50% $250k - $500k
3.50%*$500k*-Money Market
OTHER TIERS: 0.50% $1k - $10k | 1.25% $10k - $50k | 2.00% $50k - $100k | 2.75% $100k+
1.75%*$250k*$1mBusiness Money Market
OTHER TIERS: 1.00% $1k+ | 1.50% $50k - $250k

Corda Credit Union Checking Account Rates

5.00%*$250*$2.5kEmpower Checking
OTHER TIERS: 0.01% $50k+ | 0.50% $25k - $50k | 1.00% $10k - $25k | 3.00% $2.5k - $10k
3.00%*-$25kHigh Yield Checking - Qualifying
OTHER TIERS: 0.10% $25k+
3.00%*-$10kEmpower Business Checking (nonprofit)
OTHER TIERS: 1.50% $10k+
2.00%*$100k*-All-In Checking
OTHER TIERS: 0.25% $1k - $2.5k | 0.50% $2.5k - $5k | 0.75% $5k - $10k | 1.00% $10k - $25k | 1.50% $25k+
0.50%*$40k*-Business Driver Checking
OTHER TIERS: 0.10% $2.5k - $7.5k | 0.20% $7.5k - $15k | 0.30% $15k - $25k | 0.40% $25k - $40k
0.10%$2.5k-Family Business Checking

Corda Credit Union CD Rates

4.75%$1k-9 Month CD Special
4.25%$1k-11 Month CD Special
4.00%$1k-12 Month One Jump CD Special
4.00%$1k-13 Month CD Special
0.60%$1k-15 Month CD
0.60%$1k-17 Month CD
0.20%$1k-3 Month CD
0.20%$1k-6 Month CD

Corda Credit Union IRA Rates

0.60%$1k-15 Month IRA
0.60%$1k-17 Month IRA
0.20%$1k-3 Month IRA
0.20%$1k-6 Month IRA

Corda Credit Union Locations
Branch Office3015 Blairs Ferry Rd NECedar Rapids, IA 52402
Branch Office3700 Edgewood Rd SWCedar Rapids, IA 52404
Branch Office3330 Mount Vernon Rd SECedar Rapids, IA 52403-3613
Branch Office619 20th Ave SWCedar Rapids, IA 52404
Branch Office3375 7th AveMarion, IA 52302

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