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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 4,360th largest credit union in the nation. It was established in 1967 and as of March of 2017, it had grown to 3 employees and 1,032 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 - YTD0.37%
Return on Equity - YTD2.43%
Annual Interest Income$68.00K
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$8.8MM$9.3MM
LoansQ1 2017vs Q1 2016$4.1MM$4.1MM
DepositsQ1 2017vs Q1 2016$7.5MM$8.0MM
Equity CapitalQ1 2017vs Q1 2016$1.3MM$1.3MM
Loan Loss AllowanceQ1 2017vs Q1 2016$50.00K$40.00K
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$0$3.00K
Real Estate OwnedQ1 2017vs Q1 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