Linn Area Credit Union

Overview / Commentary
3015 Blairs Ferry Rd NE
Cedar Rapids, IA 52402

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 637th largest credit union in the nation. It was established in 1935 and as of December of 2022, it had grown to 103 employees and 25,588 members at 5 locations. Linn Area Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership in Linn Area Credit Union is open to those who live or work in the Iowa counties of Benton, Black Hawk, Bremer, Buchanan, Cedar, Clayton, Clinton, Delaware, Dubuque, Fayette, Iowa, Jackson, Johnson, Jones, Keokuk, Linn, Louisa, Muscatine, Poweshiek, Scott, Tama or Washington. Anyone whose family member is a current member of the credit union is also eligible to join.
See current membership details

Reviews (2)

High yield earns me big $$

Posted by: |

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%

Posted by: |

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.


Health Grade Components

NCUA #63602
Year Chartered1935
Primary Regulator
Profit Margin
Return on Assets - YTD0.95%
Return on Equity - YTD9.99%
Annual Interest Income$23.1MM
Assets and Liabilities
AssetsQ4 2022vs Q4 2021$621.2MM$567.9MM
LoansQ4 2022vs Q4 2021$530.3MM$495.7MM
DepositsQ4 2022vs Q4 2021$472.6MM$465.8MM
Equity CapitalQ4 2022vs Q4 2021$59.7MM$55.3MM
Loan Loss AllowanceQ4 2022vs Q4 2021$1.7MM$1.6MM
Unbacked Noncurrent LoansQ4 2022vs Q4 2021$1.4MM$910.00K
Real Estate OwnedQ4 2022vs Q4 2021$0$39.00K

Rates for Linn Area Credit Union are currently being reviewed.


Linn Area Credit Union Locations
Branch Office3015 Blairs Ferry Rd NECedar Rapids, IA 52402
Branch Office3700 Edgewood Rd SWCedar Rapids, IA 52404
Branch Office3330 Mount Vernon Rd SECedar Rapids, IA 52403-3613
Branch Office619 20th Ave SWCedar Rapids, IA 52404
Branch Office3375 7th AveMarion, IA 52302

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