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Overview / Commentary
712-243-6645
200 Maple St P.O. Box 350
Atlantic, IA 50022-1128

Nishna Valley Credit Union is headquartered in ATLANTIC and is the 41st largest credit union in the state of Iowa. It is also the 2,822nd largest credit union in the nation. It was established in 1957 and as of June of 2017, it had grown to 13 employees and 5,672 members at 2 locations. Nishna Valley Credit Union has a C+ health rating.

Field of Membership Restrictions

Must live or work in any of the selected 18 southwest Iowa counties.
See current membership details

Reviews (1)

Nishna Valley Credit Union

I decided to open a savings and checking account from Nishna Valley Credit Union. I know that most credit unions can offer a lower percentage on loans than most banks, so I thought it was a good idea. I met with a banker who went over all of the fine details of he different account options that they offered, I even opened up a savings account for my daughter with their special kids club account. I thought he did a very good job communicating with me and would even call me when problems arose with my account, when an individual was trying to tamper with it. Everyone else was also very helpful and they knew my name from the first time I visited and always called me by name. They also offer online banking and have low percentage rates if you ever need a loan and have a Christmas club that you can have money taken out of your check and put directly into that account. I have never had any problems with my savings or checking accounts.



Health
C+
Additional 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. Nishna Valley Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #60046
Year Chartered1957
Employees13
Primary Regulator
Profit Margin
Return on Assets - YTD0.31%
Return on Equity - YTD3.91%
Annual Interest Income$517.00K
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$32.8MM$32.3MM
LoansQ2 2017vs Q2 2016$16.6MM$15.4MM
DepositsQ2 2017vs Q2 2016$30.0MM$29.6MM
Equity CapitalQ2 2017vs Q2 2016$2.6MM$2.5MM
Loan Loss AllowanceQ2 2017vs Q2 2016$130.00K$191.00K
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$221.00K$72.00K
Real Estate OwnedQ2 2017vs Q2 2016$0$0
Rates

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Locations


Nishna Valley Credit Union Locations
Branch Office200 MAPLE ST P.O. Box 350ATLANTIC, IA 50022-1128
Branch OfficePO Box 44 205 E. Taylor StreetCreston, IA 50801