Corda Credit Union is headquartered in Cedar Rapids and is the 8th largest credit union in the state of Iowa. It is also the 609th largest credit union in the nation. It was established in 1935 and as of December of 2024, it had grown to 106 employees and 25,935 members at 4 locations. Corda Credit Union has an A health rating.
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
Overall | |
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NCUA # | 63602 |
Year Chartered | 1935 |
Employees | 106 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.75% |
Return on Equity - YTD | 7.31% |
Annual Interest Income | $38MM |
Assets and Liabilities | ||
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Assets | Q4 2024vs Q4 2023 | $686.7MM$667.2MM |
Loans | Q4 2024vs Q4 2023 | $588.3MM$573.1MM |
Deposits | Q4 2024vs Q4 2023 | $534.3MM$507MM |
Equity Capital | Q4 2024vs Q4 2023 | $70.4MM$65.5MM |
Loan Loss Allowance | Q4 2024vs Q4 2023 | $2.4MM$2.2MM |
Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $4.6MM$3.7MM |
Real Estate Owned | Q4 2024vs Q4 2023 | $0$179K |
Rates for Corda Credit Union are currently being reviewed.
Corda Credit Union Locations | ||
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Branch Office | 3015 Blairs Ferry Rd NE | Cedar Rapids, IA 52402 |
Branch Office | 3700 Edgewood Rd SW | Cedar Rapids, IA 52404 |
Branch Office | 3330 Mount Vernon Rd SE | Cedar Rapids, IA 52403-3613 |
Branch Office | 3375 7th Ave | Marion, IA 52302 |
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