2. Industrial Employees Credit Union

Industrial Employees Credit Union


Overview / Commentary
industrialemployeescu.com
641-437-7109
1513 S 18th St
Centerville, IA 52544

Industrial Employees Credit Union is headquartered in Centerville and is the 63rd largest credit union in the state of Iowa. It is also the 4,177th largest credit union in the nation. It was established in 1967 and as of December of 2018, it had grown to 3 employees and 990 members at 1 location. Industrial Employees Credit Union has a B health rating.

Field of Membership Restrictions

Industrial Employees Credit Union of Iowa is open to the current and retired employees of Curwood.
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Health
B

Data as of Q4 2018

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Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Industrial Employees Credit Union has a very low asset base.

Health Grade Components

Overall
NCUA #65242
Year Chartered1967
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD0.94%
Return on Equity - YTD5.66%
Annual Interest Income$294.00K
Assets and Liabilities
AssetsQ4 2018vs Q4 2017$8.7MM$9.0MM
LoansQ4 2018vs Q4 2017$4.2MM$4.1MM
DepositsQ4 2018vs Q4 2017$7.3MM$7.6MM
Equity CapitalQ4 2018vs Q4 2017$1.4MM$1.4MM
Loan Loss AllowanceQ4 2018vs Q4 2017$56.00K$51.00K
Unbacked Noncurrent LoansQ4 2018vs Q4 2017$9.00K$21.00K
Real Estate OwnedQ4 2018vs Q4 2017$0$0
Rates
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Industrial Employees Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$5-Savings
Locations


Industrial Employees Credit Union Locations
Branch Office1513 S 18th StCenterville, IA 52544

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