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

Industrial Employees Credit Union is headquartered in Centerville and is the 65th largest credit union in the state of Iowa. It is also the 4,327th largest credit union in the nation. It was established in 1967 and as of June of 2017, it had grown to 3 employees and 1,031 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
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 - YTD0.56%
Return on Equity - YTD3.75%
Annual Interest Income$137.00K
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$8.9MM$8.8MM
LoansQ2 2017vs Q2 2016$4.3MM$4.2MM
DepositsQ2 2017vs Q2 2016$7.6MM$7.5MM
Equity CapitalQ2 2017vs Q2 2016$1.3MM$1.3MM
Loan Loss AllowanceQ2 2017vs Q2 2016$50.00K$40.00K
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$1,000$0
Real Estate OwnedQ2 2017vs Q2 2016$0$0
Rates
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Industrial Employees Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%--Savings
Locations


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