Industrial Employees Credit Union


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 4,155th largest credit union in the nation. It was established in 1967 and as of March of 2019, it had grown to 4 employees and 980 members at 1 location. Industrial Employees Credit Union's savings rates are 15% higher than the national average, and it has a B 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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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
Employees4
Primary Regulator
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD3.82%
Annual Interest Income$74.00K
Assets and Liabilities
AssetsQ1 2019vs Q1 2018$8.9MM$9.1MM
LoansQ1 2019vs Q1 2018$4.3MM$4.1MM
DepositsQ1 2019vs Q1 2018$7.4MM$7.7MM
Equity CapitalQ1 2019vs Q1 2018$1.5MM$1.4MM
Loan Loss AllowanceQ1 2019vs Q1 2018$53.00K$52.00K
Unbacked Noncurrent LoansQ1 2019vs Q1 2018$13.00K$0
Real Estate OwnedQ1 2019vs Q1 2018$0$0
Rates
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Industrial Employees Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%$5-Savings
Locations


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

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