Members1st Community Credit Union
Overview / Commentary
Members1st Community Credit Union is headquartered in Marshalltown and is the 14th largest credit union in the state of Iowa. It is also the 1,145th largest credit union in the nation. It was established in 1964 and as of December of 2022, it had grown to 51 employees and 16,903 members at 9 locations. Members1st Community Credit Union has a B+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, attend school or worship in Marshall, Boone, Tama, Grundy, Hardin, Hamilton, Webster, Greene, Dallas, Poweshiek, Polk, Jasper or Story Counties in Iowa.
See current membership details
Health
B+
Data as of Q4 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 62918 |
| Year Chartered | 1964 |
| Employees | 51 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.54% |
| Return on Equity - YTD | 5.91% |
| Annual Interest Income | $6.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2022vs Q4 2021 | $237.0MM$239.9MM |
| Loans | Q4 2022vs Q4 2021 | $143.7MM$138.0MM |
| Deposits | Q4 2022vs Q4 2021 | $213.6MM$216.4MM |
| Equity Capital | Q4 2022vs Q4 2021 | $21.6MM$21.8MM |
| Loan Loss Allowance | Q4 2022vs Q4 2021 | $576.00K$668.00K |
| Unbacked Noncurrent Loans | Q4 2022vs Q4 2021 | $407.00K$282.00K |
| Real Estate Owned | Q4 2022vs Q4 2021 | $0$0 |