Premier Credit Union


Overview / Commentary
515-282-1611
800 9th St
Des Moines, IA 50309

Premier Credit Union is headquartered in Des Moines and is the 12th largest credit union in the state of Iowa. It is also the 1,044th largest credit union in the nation. It was established in 1933 and as of June of 2022, it had grown to 46 employees and 19,709 members at 4 locations. Premier Credit Union has a B+ health rating.

Field of Membership Restrictions

Premier Credit Union is open to those who live or work in the Iowa counties of Adair, Clarke, Boone, Dallas, Guthrie, Greene, Hamilton, Jasper, Harden, Lucas, Mahaska, Madison, Marshall, Monroe, Marion, Poweshiek, Polk, Story, Tama, Warren, Union, or Webster.
See current membership details

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Health
B+

Health Grade Components

Overall
NCUA #64271
Year Chartered1933
Employees46
Primary Regulator
Profit Margin
Return on Assets - YTD0.63%
Return on Equity - YTD7.78%
Annual Interest Income$4.3MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$277.1MM$266.5MM
LoansQ2 2022vs Q2 2021$243.8MM$199.9MM
DepositsQ2 2022vs Q2 2021$250.7MM$237.0MM
Equity CapitalQ2 2022vs Q2 2021$22.9MM$25.3MM
Loan Loss AllowanceQ2 2022vs Q2 2021$1.7MM$1.4MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$1.2MM$1.1MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates

Rates for Premier Credit Union are currently being reviewed.

Locations


Premier Credit Union Locations
Branch Office800 9th StDes Moines, IA 50309
Branch Office700 Locust StDes Moines, IA 50309
Branch Office520 Grand AveAmes, IA 50010
Branch Office1301 Grand AveWest Des Moines, IA 50265

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