Overview / Commentary
North Iowa Community Credit Union is headquartered in MASON CITY and is the 27th largest credit union in the state of Iowa. It is also the 1,762nd largest credit union in the nation. It was established in 1956 and as of June of 2023, it had grown to 25 employees and 11,778 members at 2 locations. North Iowa Community Credit Union's CD rates are 4X the national average, and it has a B+ health rating.
Field of Membership Restrictions
North Iowa Community Credit Union is open to those who live or work in the Iowa counties of Butler, Cerro Gordo, Franklin, Floyd, Hancock, Mitchell, Winnebago, Worth, or Wright. Immediate family members of a current member may also join.
See current membership details
Health
B+
Data as of Q2 2023
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 64191 |
| Year Chartered | 1956 |
| Employees | 25 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.66% |
| Return on Equity - YTD | 8.41% |
| Annual Interest Income | $2.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2023vs Q2 2022 | $106.8MM$87.4MM |
| Loans | Q2 2023vs Q2 2022 | $98.9MM$79.7MM |
| Deposits | Q2 2023vs Q2 2022 | $96.9MM$78.5MM |
| Equity Capital | Q2 2023vs Q2 2022 | $8.5MM$7.9MM |
| Loan Loss Allowance | Q2 2023vs Q2 2022 | $0$225.00K |
| Unbacked Noncurrent Loans | Q2 2023vs Q2 2022 | $599.00K$210.00K |
| Real Estate Owned | Q2 2023vs Q2 2022 | $0$0 |