Community 1st Credit Union Ottumwa, Iowa
Community 1st Credit Union is a state-chartered credit union headquartered in Ottumwa, IA, established in 1936 (NCUA charter 68510), and it is regulated and insured by the NCUA. At Q2 2026 it reported 72,622 members and total assets of $1.10B (up 4.9% from Q2 2025), the 6th largest of 65 credit unions headquartered in Iowa. Its net worth ratio was 10.50% at Q2 2026, in the well capitalized band.
Also written as Community 1st CU
BankRegReports is independent of Community 1st Credit Union and never asks for online banking logins or passwords.
Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- State-chartered credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 68510
- Headquarters
- Ottumwa, IA
- Established
- 1936
- Total assets, Q2 2026
- $1.10B
- Assets vs Q2 2025
- +4.9%
- Members, Q2 2026
- 72,622
- Net worth ratio, Q2 2026
- 10.50%
- Latest call report
- Q2 2026, NCUA 5300 · Community 1st Credit Union call report
- Asset rank in state
- 6th of 65 in Iowa
- Routing number
- 273975726
- Branches
- 24
It has 293 more members than on June 30, 2025 (+0.4%). Its net worth ratio was up 0.06 percentage points from 10.44% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $420.8M of $916.8M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 3.14% is above the 0.68% median of the 454 credit unions with $1B to $10B in assets for Q2 2026. Its 10.50% net worth ratio is below that band's 10.89% median.
Credit unions merged into Community 1st Credit Union
Town and Country Credit Union (2024) · Hometown Credit Union (2022) · Nishna Valley Credit Union (2021)
Frequently asked about Community 1st Credit Union
How big is Community 1st Credit Union?
At Q2 2026 it reported total assets of $1.10B and 72,622 members.
Where is Community 1st Credit Union headquartered?
It is headquartered in Ottumwa, IA, United States.
When was Community 1st Credit Union founded?
It was established in 1936, per NCUA records.
Is Community 1st Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 68510): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Community 1st Credit Union?
It is a state-chartered credit union, supervised by its state credit union regulator and by the NCUA, which insures its shares.
Is Community 1st Credit Union well capitalized?
Its net worth ratio was 10.50% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Community 1st Credit Union's delinquency ratio?
Its delinquency ratio was 3.14% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Community 1st Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 93.40% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Ottumwa, IA 52501
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1936
- NCUA Charter #
- 68510
- RSSD ID
- 512875
- Members
- 72,622
- Potential members
- 2,322,526
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 454 credit unions with $1B to $10B in assets, as of Q2 2026. It is in the top quartile on 2 of 7 ranked measures and in the bottom quartile on 4.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 9.81% to 12.63% | 10.50% | 10.89% | 41st below |
| Return on assets Middle half of peers: 0.59% to 1.25% | 0.29% | 0.89% | 10th bottom |
| Return on equity Middle half of peers: 5.37% to 10.92% | 2.72% | 8.07% | 11th bottom |
| Net interest margin Middle half of peers: 3.05% to 3.80% | 4.03% | 3.45% | 84th top |
| Efficiency ratio Middle half of peers: 63.16% to 77.23% | 80.46% | 70.59% | 16th bottom |
| Cost of funds Middle half of peers: 1.37% to 1.99% | 1.28% | 1.68% | 80th top |
| Delinquency ratio Middle half of peers: 0.45% to 1.05% | 3.14% | 0.68% | under 10th bottom |
| Yield on assets Middle half of peers: 4.70% to 5.46% | 5.32% | 5.12% | 64th position only |
| Loan-to-share ratio Middle half of peers: 78.23% to 95.19% | 93.40% | 88.03% | 69th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$1.10B total assets against $1.05B; $981.5M total shares and deposits against $935.1M; $916.8M total loans against $903.6M.
$116.0M net worth against $110.0M.
10.50% net worth ratio against 10.44%.
93.40% loan-to-share ratio against 96.63%.
3.14% delinquency ratio against 2.77%.
0.29% return on assets against -0.18%; 2.72% return on equity against -1.77%.
4.03% net interest margin against 4.09%.
72,622 members against 72,329.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 10.50% | 0.29% | 3.14% | 93.40% |
| March 31, 2026 | 10.49% | 0.33% | 3.27% | 93.47% |
| December 31, 2025 | 10.73% | 0.66% | 3.52% | 96.77% |
| September 30, 2025 | 10.79% | 0.98% | 2.93% | 97.95% |
| June 30, 2025 | 10.44% | -0.18% | 2.77% | 96.63% |
| March 31, 2025 | 10.39% | 0.50% | 1.60% | 94.09% |
Scroll sideways to see every column.
Watch flags
Loans 60+ days delinquent exceed 2% of the loan book, well above the credit-union industry norm of under 1%. Sustained high delinquency erodes net worth through charge-offs. BankRegReports band vs the <1% industry norm.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.