Overview / Commentary
Journey Credit Union is headquartered in Des Moines and is the 31st largest credit union in the state of Iowa. It is also the 2,031st largest credit union in the nation. It was established in 1954 and as of June of 2022, it had grown to 15 employees and 5,033 members at 2 locations. Journey Credit Union has an A health rating.
Field of Membership Restrictions
Journey Credit Union membership is open to anyone who lives or works in Boone, Dallas, Jasper, Madison, Marion, Polk, Story, or Warren counties.
See current membership details
Health
A
Data as of Q2 2022
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. Journey Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 64361 |
| Year Chartered | 1954 |
| Employees | 15 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.43% |
| Return on Equity - YTD | 10.96% |
| Annual Interest Income | $1.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $83.7MM$77.1MM |
| Loans | Q2 2022vs Q2 2021 | $37.8MM$33.1MM |
| Deposits | Q2 2022vs Q2 2021 | $72.4MM$66.9MM |
| Equity Capital | Q2 2022vs Q2 2021 | $10.7MM$9.7MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $342.00K$352.00K |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $470.00K$264.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |