First Federal Credit Union

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LOCATIONS

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 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

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 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

up to $300

Our Rating

4.2 / 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 19^th largest credit union in the state of Iowa. It is also the 1,313^th largest credit union in the nation. It was established in 1926 and as of March of 2025, it had grown to 24 employees and 10,633 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

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Health

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
NCUA #	24673
Year Chartered	1926
Employees	24
Primary Regulator

Profit Margin
Return on Assets - YTD	-0.9%
Return on Equity - YTD	-12.9%
Annual Interest Income	$2.1MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$189.7MM$201.4MM
Loans	Q1 2025vs Q1 2024	$148.2MM$163.2MM
Deposits	Q1 2025vs Q1 2024	$156.8MM$156.2MM
Equity Capital	Q1 2025vs Q1 2024	$13.3MM$14.5MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$1.1MM$1MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$1.6MM$1.9MM
Real Estate Owned	Q1 2025vs Q1 2024	$164K$162K

TODAY'S FEATURED RATES

Member FDIC

3.60%

Our Rating

4.3 / 5

American Express

American Express® High Yield Savings Account

See Offer

Sponsored Note: Interest compounds daily, deposited monthly

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

4.44%

Our Rating

4.3 / 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

up to $300

Our Rating

4.2 / 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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