Overview / Commentary
800-539-1621
423 E Court Ave
Des Moines, IA 50309-2010

Serve Credit Union is headquartered in Des Moines and is the 28th largest credit union in the state of Iowa. It is also the 2,013th largest credit union in the nation. It was established in 1932 and as of June of 2018, it had grown to 14 employees and 5,062 members at 3 locations. Serve Credit Union's money market rates are 93% higher than the national average, and it has a B+ health rating.

Field of Membership Restrictions

Serve Credit Union of Iowa is open to the residents, church members, people maintaining employment, employees, volunteers, and retirees of any government agency and/or office on every level within these Iowa Counties: Polk, Dallas, Boone, Story, Jasper, Marion, Warren, and Madison as well as the employees of the qualified small business groups, any affiliated organization that is oriented towards the public safety genre, credit union employees, and the immediate family members that share the same home of current credit union members.
See current membership details

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
B+
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. Serve Credit Union has a relatively low asset base.

Health Grade Components

Overall
NCUA #65150
Year Chartered1932
Employees14
Primary Regulator
Profit Margin
Return on Assets - YTD0.85%
Return on Equity - YTD5.68%
Annual Interest Income$1.2MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$68.0MM$68.7MM
LoansQ2 2018vs Q2 2017$49.1MM$46.3MM
DepositsQ2 2018vs Q2 2017$57.0MM$57.7MM
Equity CapitalQ2 2018vs Q2 2017$10.2MM$9.5MM
Loan Loss AllowanceQ2 2018vs Q2 2017$184.00K$165.00K
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$175.00K$177.00K
Real Estate OwnedQ2 2018vs Q2 2017$0$0
Rates
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Serve Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Serve Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.65%$100-IRA Shares
0.35%$100-Share Savings
0.35%$100-Sub-Shares
0.35%$100-Youth Savings

Serve Credit Union Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.85%*$100k*-Money Market Share
OTHER TIERS: 0.70% $2.5k - $25k | 0.75% $25k - $50k | 0.80% $50k - $100k

Serve Credit Union Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$50k*-Share (Draft) Checking
OTHER TIERS: 0.10% $1k - $10k | 0.20% $10k - $50k

Serve Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.79%$1k-30 Month CD Special - In Branch (New Money Only)
2.48%*$100k*-60 Month Share CD
OTHER TIERS: 2.38% $1k - $50k | 2.43% $50k - $100k
2.27%*$100k*-48 Month Share CD
OTHER TIERS: 2.17% $1k - $50k | 2.22% $50k - $100k
2.07%*$100k*-36 Month Share CD
OTHER TIERS: 1.97% $1k - $50k | 2.02% $50k - $100k
1.82%*$100k*-24 Month Share CD
OTHER TIERS: 1.71% $1k - $50k | 1.76% $50k - $100k
1.82%$250$1k24 Month Youth Mini CD
1.21%*$100k*-12 Month Share CD
OTHER TIERS: 1.11% $1k - $50k | 1.16% $50k - $100k
1.21%$250$1k12 Month Youth Mini CD
0.85%*$100k*-6 Month Share CD
OTHER TIERS: 0.75% $1k - $50k | 0.80% $50k - $100k

Serve Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.48%*$100k*-60 Month IRA CD
OTHER TIERS: 2.38% $1k - $50k | 2.43% $50k - $100k
2.27%*$100k*-48 Month IRA CD
OTHER TIERS: 2.17% $1k - $50k | 2.22% $50k - $100k
2.07%*$100k*-36 Month IRA CD
OTHER TIERS: 1.97% $1k - $50k | 2.02% $50k - $100k
1.82%*$100k*-24 Month IRA CD
OTHER TIERS: 1.71% $1k - $50k | 1.76% $50k - $100k
1.21%*$100k*-12 Month IRA CD
OTHER TIERS: 1.11% $1k - $50k | 1.16% $50k - $100k
Locations


Serve Credit Union Locations
Branch Office423 E Court AveDes Moines, IA 50309-2010
Branch Office210 Walnut St Rm 927Des Moines, IA 50309-2116
Branch Office3743 86th StUrbandale, IA 50322-4008

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact feedback@depositaccounts.com to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.