Overview / Commentary
Iowa Heartland Credit Union is headquartered in MASON CITY and is the 45th largest credit union in the state of Iowa. It is also the 2,878th largest credit union in the nation. It was established in 1932 and as of March of 2025, it had grown to 5 employees and 3,234 members at 1 location. Iowa Heartland Credit Union has a B+ health rating.
Field of Membership Restrictions
Iowa Heartland Credit Union is open those who live or work in Butler, Floyd, Cerro Gordo, Franklin, Mitchell, Hancock, Wright, Worth, or Winnebago counties of North Iowa. Immediate family of existing members are also eligible.
See current membership details
Health
B+
Data as of Q1 2025
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. Iowa Heartland Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 60718 |
| Year Chartered | 1932 |
| Employees | 5 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.09% |
| Return on Equity - YTD | -0.52% |
| Annual Interest Income | $303K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $30.7MM$28.9MM |
| Loans | Q1 2025vs Q1 2024 | $13.3MM$14.7MM |
| Deposits | Q1 2025vs Q1 2024 | $25.8MM$23.8MM |
| Equity Capital | Q1 2025vs Q1 2024 | $5MM$5MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $96K$46K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $108K$92K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |