Premier Credit Union

Overview / Commentary
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 995th largest credit union in the nation. It was established in 1933 and as of March of 2024, it had grown to 46 employees and 18,003 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.
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Health Grade Components

NCUA #64271
Year Chartered1933
Primary Regulator
Profit Margin
Return on Assets - YTD0.29%
Return on Equity - YTD3.42%
Annual Interest Income$3.8MM
Assets and Liabilities
AssetsQ1 2024vs Q1 2023$315.1MM$291.9MM
LoansQ1 2024vs Q1 2023$275.7MM$263.1MM
DepositsQ1 2024vs Q1 2023$281MM$258.6MM
Equity CapitalQ1 2024vs Q1 2023$25.8MM$24.8MM
Loan Loss AllowanceQ1 2024vs Q1 2023$2.1MM$2MM
Unbacked Noncurrent LoansQ1 2024vs Q1 2023$2.4MM$1.3MM
Real Estate OwnedQ1 2024vs Q1 2023$0$0

Rates for Premier Credit Union are currently being reviewed.


Premier Credit Union Locations
Branch Office800 9th StDes Moines, IA 50309
Branch Office520 Grand AveAmes, IA 50010
Branch Office1301 Grand AveWest Des Moines, IA 50265
Branch Office10951 Meredith DrUrbandale, IA 50322-7209

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