Employees Credit Union is headquartered in Estherville and is the 23rd largest credit union in the state of Iowa. It is also the 1,626th largest credit union in the nation. It was established in 1947 and as of March of 2019, it had grown to 12 employees and 8,068 members at 1 location. Employees Credit Union's money market rates are 5X the national average, and it boasts an A+ health rating.
Field of Membership Restrictions
Employees Credit Union membership is open to the following: (1) individuals who work or live in Palo Alto or Emmet counties in Iowa, and their family members. (2) Employees or their family members of any of the following employee groups: Valley and Upper Des Moines Contracting, John Morrell and Company, Slater Lawn Service, Heartland Transport, Glasstite of Dunnell, Five Star Manufacturing, GKN of Armstrong and Estherville, Estherville Implement, Estherville Post Office, Christensen Family Farms, Ag Chem of Jackson, Avera Holy Family Hospital of Estherville, or Medieval Glass.
See current membership details
Data as of Q1 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 63299 |
| Year Chartered | 1947 |
| Employees | 12 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 2.08% |
| Return on Equity - YTD | 9.53% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $100.5MM$96.4MM |
| Loans | Q1 2019vs Q1 2018 | $56.9MM$53.5MM |
| Deposits | Q1 2019vs Q1 2018 | $78.3MM$73.8MM |
| Equity Capital | Q1 2019vs Q1 2018 | $21.6MM$20.4MM |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $685.00K$650.00K |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $1.1MM$1.3MM |
| Real Estate Owned | Q1 2019vs Q1 2018 | $92.00K$237.00K |
Always verify rates and promotions with the bank or credit union. We are not Employees Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Employees Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.00% | $50 | - | Regular Savings Account | |
| 1.00% | $50 | - | Xmas Account |
Employees Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.27% | $5k | - | SUPER Money Market Account | |
| 1.51% | $1k | - | Money Market Account |
Employees Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.00% | $1k | - | 5 Year CD | |
| 2.50% | $1k | - | 1 Year CD | |
| 1.51% | $1k | - | 6 Month CD |
Employees Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.52% | $1k | - | 18 Month IRA CD |
| Employees Credit Union Locations | ||
|---|---|---|
| Branch Office | 2714 Central Ave | Estherville, IA 51334 |