First Federal Credit Union

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.2 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.20%

Our Rating

3.6 / 5

Jenius Bank

Jenius Savings Account

See Offer

Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.

Member FDIC

4.45%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Member FDIC

4.36%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms Apply. Member FDIC

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.firstfedcu.com

319-743-7806

1035 N Center Point Rd
Hiawatha, IA 52233

First Federal Credit Union is headquartered in Hiawatha and is the 18^th largest credit union in the state of Iowa. It is also the 1,301^st largest credit union in the nation. It was established in 1926 and as of December of 2024, it had grown to 26 employees and 10,786 members at 6 locations. First Federal Credit Union has a C+ health rating.

Field of Membership Restrictions

Membership in First Federal Credit Union is open to those who live, work, or worship in the Iowa counties of Benton, Buena Vista, Clay, Dickinson, or Linn.
See current membership details

Reviews

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Health

C+

Data as of Q4 2024

Learn why bank health matters

Health Grade Components

Overall
NCUA #	24673
Year Chartered	1926
Employees	26
Primary Regulator

Profit Margin
Return on Assets - YTD	-0.78%
Return on Equity - YTD	-11.1%
Annual Interest Income	$8.8MM

Assets and Liabilities
Assets	Q4 2024vs Q4 2023	$192.1MM$205.1MM
Loans	Q4 2024vs Q4 2023	$151.2MM$168.3MM
Deposits	Q4 2024vs Q4 2023	$153.2MM$155.1MM
Equity Capital	Q4 2024vs Q4 2023	$13.5MM$14.8MM
Loan Loss Allowance	Q4 2024vs Q4 2023	$1.1MM$1.1MM
Unbacked Noncurrent Loans	Q4 2024vs Q4 2023	$2.3MM$2.8MM
Real Estate Owned	Q4 2024vs Q4 2023	$162K$0

TODAY'S FEATURED RATES

Member FDIC

4.54%

Our Rating

4.2 / 5

Peak Bank

Envision High Yield Savings

See Offer

Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.

Member FDIC

4.20%

Our Rating

3.6 / 5

Jenius Bank

Jenius Savings Account

See Offer

Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.

Member FDIC

4.45%

Our Rating

4.1 / 5

BrioDirect

High-Yield Savings

See Offer

Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC

Member FDIC

4.36%

Our Rating

4.0 / 5

Vio Bank

Cornerstone Money Market

See Offer

Sponsored Note: Interest is compounded daily, growing your money fast

Member FDIC

4.10%

Our Rating

4.2 / 5

CIT Bank

Platinum Savings

See Offer

Sponsored Note: Get up to a $300 Cash Bonus. FDIC Insured. See site for details.

Member FDIC

3.70%

Our Rating

4.3 / 5

American Express®

High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

up to $300

Our Rating

4.3 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Rates for First Federal Credit Union are currently being reviewed.

Locations

First Federal Credit Union Locations
Branch Office	425 1st Ave SW	Cedar Rapids, IA 52405
Branch Office	1035 N Center Point Rd	Hiawatha, IA 52233
Branch Office	3810 Westdale Pkwy SW	Cedar Rapids, IA 52404
Branch Office	2590 6th St Ste 205	Marion, IA 52302
Branch Office	205 N Union Ave	Urbana, IA 52345
Branch Office	1100 W 13th St	Spencer, IA 51301-2936

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