Overview / Commentary
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 4,211th largest credit union in the nation. It was established in 1967 and as of September of 2018, it had grown to 3 employees and 998 members at 1 location. Industrial Employees Credit Union has a C+ 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
C+
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 - YTD0.95%
Return on Equity - YTD5.96%
Annual Interest Income$219.00K
Assets and Liabilities
AssetsQ3 2018vs Q3 2017$8.8MM$9.2MM
LoansQ3 2018vs Q3 2017$4.1MM$4.2MM
DepositsQ3 2018vs Q3 2017$7.3MM$7.8MM
Equity CapitalQ3 2018vs Q3 2017$1.4MM$1.4MM
Loan Loss AllowanceQ3 2018vs Q3 2017$54.00K$51.00K
Unbacked Noncurrent LoansQ3 2018vs Q3 2017$10.00K$0
Real Estate OwnedQ3 2018vs Q3 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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