Linn Area Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 2.00% | 3-year CD | 33 Month CD Special 1.55% - Ally Bank High Yield 3 Year CD |
| 2.00% | 3-year IRA | 33 Month IRA Special (Traditional, Roth, CESA) 0.94% - National Average |
| 2.00% | Reward Checking | High Yield Checking 1.75% - National Average |
Linn Area Credit Union is headquartered in Cedar Rapids and is the 9th largest credit union in the state of Iowa. It is also the 636th largest credit union in the nation. It was established in 1935 and as of June of 2016, it had grown to 91 employees and 24,510 members at 5 locations. Linn Area Credit Union's money market rates are 14% higher than the national average, and it has a B+ health rating.
Field of Membership Restrictions
Membership is open to anyone who lives or works inBenton, Black Hawk, Bremer, Buchanan, Cedar, Clayton, Clinton, Delaware, Dubuque, Fayette, Iowa, Jackson, Johnson, Jones, Keokuk, Linn, Louisa, Muscatine, Poweshiek, Scott, Tama or Washington in Iowa. Anyone whose family member is a current member of the credit union is also eligible to join.
See current membership details
Related Posts
High yield earns me big $$
I have multiple checking accounts with this credit union, as well as a savings account, and an organization I work for has their business account with them, which I'm a signer on. I've had nothing but good experiences with them, and their products. The high-yield checking account is awesome, with ATM fee refunds and interest earned that's much better than I'd get on most accounts, plus they don't charge me fees like most places do. It's not an option with the business account, but that's not a big deal for me.
They just got a mobile app too, finally, but I know they're smaller than the big places, so I'm sure it takes time to do that kind of stuff. It's really nice to be able to use my phone to check balances, transfer money, etc. I don't feel like I'm missing out on anything provided by a big bank, but I get way better service, pay less (or nothing) for fees, and always have super nice people to work with if I ever need anything!
I'm Very Upset That LACU Lowered Their HYC Rate To 4%
I'm very upset that LACU lowered their HYC rate to 4%. I moved my money to CRBT and have been very pleased to earn 5% there instead.
Data as of Q2 2016
Learn more about bank healthHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 63602 |
| Year Chartered | 1935 |
| Employees | 91 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.73% |
| Return on Equity - YTD | 7.91% |
| Annual Interest Income | $6.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2016vs Q2 2015 | $377.4MM$348.0MM |
| Loans | Q2 2016vs Q2 2015 | $300.3MM$261.7MM |
| Deposits | Q2 2016vs Q2 2015 | $293.9MM$278.1MM |
| Equity Capital | Q2 2016vs Q2 2015 | $34.4MM$31.7MM |
| Loan Loss Allowance | Q2 2016vs Q2 2015 | $1.5MM$1.4MM |
| Unbacked Noncurrent Loans | Q2 2016vs Q2 2015 | $2.9MM$2.6MM |
| Real Estate Owned | Q2 2016vs Q2 2015 | $303.00K$676.00K |
Always verify rates and promotions with the bank or credit union. We are not Linn Area Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Linn Area Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.60%* | $10k* | $50k | Health Savings Account | ||
| OTHER TIERS: 0.20% → $500 - $1k | 0.40% → $1k - $10k | |||||
| 0.40% | $25 | - | IRA Variable Passbook | ||
| 0.15% | $100 | - | Regular Share Savings | ||
| 0.15% | - | - | Christmas Club | ||
Linn Area Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.50%* | $100k* | $1m | Money Market | ||
| OTHER TIERS: 0.01% → $1mm+ | 0.15% → $1k - $10k | 0.20% → $10k - $50k | 0.40% → $50k - $100k | |||||
Linn Area Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.00%* | - | $15k | High Yield Checking - Qualifying | ||
| OTHER TIERS: 0.10% → $15k+ | |||||
| 0.10% | $2,500 | - | Free Checking | ||
| 0.10% | $2,500 | - | Plugged-In Checking | ||
Linn Area Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.00% | $1k | - | 33 Month CD Special | |
| 1.60% | $1k | - | 60 Month CD | |
| 1.10% | $1k | - | 36 Month CD | |
| 0.80% | $1k | - | 18 Month CD | |
| 0.70% | $1k | - | 15 Month CD | |
| 0.50% | $1k | - | 12 Month CD | |
| 0.35% | $1k | - | 6 Month CD | |
| 0.20% | $1k | - | 3 Month CD |
Linn Area Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.00% | $1k | - | 33 Month IRA Special | |
| 1.60% | $1k | - | 60 Month IRA | |
| 1.10% | $1k | - | 36 Month IRA | |
| 0.80% | $1k | - | 18 Month IRA | |
| 0.70% | $1k | - | 15 Month IRA | |
| 0.50% | $1k | - | 12 Month IRA | |
| 0.35% | $1k | - | 6 Month IRA | |
| 0.20% | $1k | - | 3 Month IRA |
| Linn Area Credit Union Locations | ||
|---|---|---|
| Branch Office | 3015 Blairs Ferry Rd NE | Cedar Rapids, IA 52402 |
| Branch Office | 3700 Edgewood Rd SW | Cedar Rapids, IA 52404 |
| Branch Office | 3330 Mount Vernon Rd SE | Cedar Rapids, IA 52403-3613 |
| Branch Office | 619 20th Ave SW | Cedar Rapids, IA 52404 |
| Branch Office | 3375 7th Ave | Marion, IA 52302 |