Industrial Employees Credit Union
Overview / Commentary
Industrial Employees Credit Union is headquartered in Centerville and is the 62nd largest credit union in the state of Iowa. It is also the 4,197th largest credit union in the nation. It was established in 1967 and as of June of 2018, it had grown to 3 employees and 998 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 Q2 2018
Learn why bank health mattersAdditional 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 Chartered | 1967 |
| Employees | 3 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.77% |
| Return on Equity - YTD | 4.99% |
| Annual Interest Income | $145.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2018vs Q2 2017 | $9.2MM$8.9MM |
| Loans | Q2 2018vs Q2 2017 | $4.0MM$4.3MM |
| Deposits | Q2 2018vs Q2 2017 | $7.7MM$7.6MM |
| Equity Capital | Q2 2018vs Q2 2017 | $1.4MM$1.3MM |
| Loan Loss Allowance | Q2 2018vs Q2 2017 | $52.00K$50.00K |
| Unbacked Noncurrent Loans | Q2 2018vs Q2 2017 | $5.00K$1,000 |
| Real Estate Owned | Q2 2018vs Q2 2017 | $0$0 |
Rates
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Industrial Employees Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.50% | $5 | - | Savings |
Locations
| Industrial Employees Credit Union Locations | ||
|---|---|---|
| Branch Office | 1513 S 18th St | Centerville, IA 52544 |