Industrial Employees Credit Union

Overview / Commentary
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 4,172nd largest credit union in the nation. It was established in 1967 and as of September of 2019, it had grown to 3 employees and 982 members at 1 location. Industrial Employees Credit Union's savings rates are 15% higher than the national average, and it has a C+ health rating.

Field of Membership Restrictions

Industrial Employees Credit Union of Iowa is open to current and retired employees of the Bemis Company.
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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

NCUA #65242
Year Chartered1967
Primary Regulator
Profit Margin
Return on Assets - YTD0.73%
Return on Equity - YTD4.19%
Annual Interest Income$221.00K
Assets and Liabilities
AssetsQ3 2019vs Q3 2018$8.5MM$8.8MM
LoansQ3 2019vs Q3 2018$4.5MM$4.1MM
DepositsQ3 2019vs Q3 2018$6.9MM$7.3MM
Equity CapitalQ3 2019vs Q3 2018$1.5MM$1.4MM
Loan Loss AllowanceQ3 2019vs Q3 2018$54.00K$54.00K
Unbacked Noncurrent LoansQ3 2019vs Q3 2018$2.00K$10.00K
Real Estate OwnedQ3 2019vs Q3 2018$0$0
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Industrial Employees Credit Union Savings Account Rates


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

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