Greater Iowa Credit Union

Overview / Commentary
801 Lincoln Way
Ames, IA 50010

Greater Iowa Credit Union is headquartered in Ames and is the 9th largest credit union in the state of Iowa. It is also the 598th largest credit union in the nation. It was established in 1932 and as of June of 2019, it had grown to 113 employees and 32,933 members at 8 locations. Greater Iowa Credit Union has an A health rating.

Field of Membership Restrictions

Greater Iowa Credit Union offers membership to individuals who live, work, worship or attend school in Adair, Audubon, Boone, Butler, Calhoun, Carroll, Clarke, Crawford, Dallas, Franklin, Greene, Grundy, Guthrie, Hamilton, Hardin, Harrison, Ida, Jasper, Lucas, Madison, Marion, Marshall, Monona, Polk, Poweshiek, Sac, Shelby, Story, Tama, Warren, Webster, Woodbury, and Wright Counties. Also included are members of a variety of organizations and associations, including active, current, reservist, and retired members of the military who are/were stationed in Iowa. Family and/or household members of a current Credit Union member are also eligible.
See current membership details

Related Posts

Greater Iowa Credit Union Adds 24-Month CD Special, 3.00% APY - 7/5/2019

Greater Iowa Credit Union has added a 24-month CD Special (3.00% APY) and 13-month CD Special (2.75% APY). Minimum opening deposit is $1k.

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Reviews (3)

Good service and easy to work with

I have had nothing but good experiences with Greater Iowa Credit Union and often recommend it to others. The service in their branches has always been impeccable, and I have found that working with them is hassle-free compared to most banks I have dealt with.

The only odd thing about GICU was that, to get a loan with them, I had to open a separate savings account. This just required a $5 deposit, so it was not a big problem, but just something I needed to remember to close once the loan was paid. The bank employee I spoke to said it was so that I was a member of the credit union. Other than that, it was simply a trouble-free loan for me.

Horrible Service

Horrible people. Will be closing my account with them ASAP! I have been with this bank for more than 3 years and they have turned me up and down at processing a loan for more than 2 weeks. I sent them everything they needed and they treated me like they were doing me an undeserved favor. Horrible bank! Moving to US bank!

Do Not Trust This Bank

   Think twice before getting an account here. If you move and have to use a different bank they will take money from you then leave a lame excuse for the charges. A soon as I put money in my new bank. They started adding 25.00 charges everytime the card was used. Then they only gave me half the money back. There is nothing great about the Greater Iowa Credit Union!


Health Grade Components

NCUA #64203
Year Chartered1932
Primary Regulator
Profit Margin
Return on Assets - YTD1.36%
Return on Equity - YTD15.13%
Annual Interest Income$9.7MM
Assets and Liabilities
AssetsQ2 2019vs Q2 2018$478.5MM$446.6MM
LoansQ2 2019vs Q2 2018$382.4MM$358.2MM
DepositsQ2 2019vs Q2 2018$429.2MM$386.0MM
Equity CapitalQ2 2019vs Q2 2018$42.8MM$38.6MM
Loan Loss AllowanceQ2 2019vs Q2 2018$3.0MM$3.6MM
Unbacked Noncurrent LoansQ2 2019vs Q2 2018$1.6MM$2.2MM
Real Estate OwnedQ2 2019vs Q2 2018$71.00K$195.00K

Rates for Greater Iowa Credit Union are currently being reviewed.


Greater Iowa Credit Union Locations
Branch Office801 Lincoln WayAmes, IA 50010
Branch Office230 N 7th StDenison, IA 51442-1800
Branch Office2623 Northridge PkwyAmes, IA 50010-7109
Branch Office200 Airport Rd Ste 200Ames, IA 50010-8214
Branch Office1630 22nd StWest Des Moines, IA 50266-1407
Branch Office600 E 30th StDes Moines, IA 50317-2406
Branch Office301 E Scenic Valley AveIndianola, IA 50125-4865
Branch Office1195 SE Alices RdWaukee, IA 50263-9669

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