Advertising Disclosure
  1. Banks
  2. First Federal Credit Union

First Federal Credit Union


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
3.80%
Our Rating
4.2  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.50%
Our Rating
3.5  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.46%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.55%
Our Rating
4.2  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
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 18th largest credit union in the state of Iowa. It is also the 1,295th largest credit union in the nation. It was established in 1926 and as of September of 2024, it had grown to 26 employees and 10,885 members at 6 locations. First Federal Credit Union has a B 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

Related Posts

View all posts from:


Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
B

Data as of Q3 2024

Learn why bank health matters

Health Grade Components

Overall
NCUA #24673
Year Chartered1926
Employees26
Primary Regulator
Profit Margin
Return on Assets - YTD-0.69%
Return on Equity - YTD-9.46%
Annual Interest Income$6.6MM
Assets and Liabilities
AssetsQ3 2024vs Q3 2023$192.7MM$206.1MM
LoansQ3 2024vs Q3 2023$155.7MM$172.2MM
DepositsQ3 2024vs Q3 2023$153MM$149.9MM
Equity CapitalQ3 2024vs Q3 2023$14.2MM$14.8MM
Loan Loss AllowanceQ3 2024vs Q3 2023$1.1MM$1.1MM
Unbacked Noncurrent LoansQ3 2024vs Q3 2023$1.9MM$2.7MM
Real Estate OwnedQ3 2024vs Q3 2023$162K$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
3.80%
Our Rating
4.2  / 5
American Express®
High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.50%
Our Rating
3.5  / 5
Jenius Bank
Jenius Savings Account
See Offer
Sponsored Note: FDIC Insured. No fees or minimums. 24/7 U.S-based support.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.46%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 1/24/2025
4.55%
Our Rating
4.2  / 5
BrioDirect
High-Yield Savings
See Offer
Sponsored Note: You must deposit at least $5,000 to open your account. Member FDIC
Rates

Rates for First Federal Credit Union are currently being reviewed.

Locations


First Federal Credit Union Locations
Branch Office425 1st Ave SWCedar Rapids, IA 52405
Branch Office1035 N Center Point RdHiawatha, IA 52233
Branch Office3810 Westdale Pkwy SWCedar Rapids, IA 52404
Branch Office2590 6th St Ste 205Marion, IA 52302
Branch Office205 N Union AveUrbana, IA 52345
Branch Office1100 W 13th StSpencer, IA 51301-2936

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.