Industrial Employees Credit Union Centerville, Iowa
Industrial Employees Credit Union is a state-chartered credit union headquartered in Centerville, IA, established in 1967 (NCUA charter 65242), and it is regulated and insured by the NCUA. At Q2 2026 it reported 846 members and total assets of $9.2M (up 0.1% from Q2 2025), the 52nd largest of 65 credit unions headquartered in Iowa. Its net worth ratio was 22.16% at Q2 2026, in the well capitalized band.
Also written as Industrial Employees CU
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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
- 65242
- Headquarters
- Centerville, IA
- Established
- 1967
- Total assets, Q2 2026
- $9.2M
- Assets vs Q2 2025
- +0.1%
- Members, Q2 2026
- 846
- Net worth ratio, Q2 2026
- 22.16%
- Latest call report
- Q2 2026, NCUA 5300 · Industrial Employees Credit Union call report
- Asset rank in state
- 52nd of 65 in Iowa
- Routing number
- 273973252
- Branches
- 1
It has 34 fewer members than on June 30, 2025 (-3.9%). Its net worth ratio was up 0.88 percentage points from 21.28% on June 30, 2025. New vehicle loans are its largest loan category, $1.9M of $4.7M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.05% is below the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026. Its 22.16% net worth ratio is above that band's 14.31% median.
Frequently asked about Industrial Employees Credit Union
How big is Industrial Employees Credit Union?
At Q2 2026 it reported total assets of $9.2M and 846 members.
Where is Industrial Employees Credit Union headquartered?
It is headquartered in Centerville, IA, United States.
When was Industrial Employees Credit Union founded?
It was established in 1967, per NCUA records.
Is Industrial Employees Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 65242): 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 Industrial Employees 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 Industrial Employees Credit Union well capitalized?
Its net worth ratio was 22.16% 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 Industrial Employees Credit Union's delinquency ratio?
Its delinquency ratio was 0.05% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Industrial Employees Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 65.69% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Centerville, IA 52544
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1967
- NCUA Charter #
- 65242
- RSSD ID
- 358895
- Members
- 846
- Potential members
- 1,184
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 2,479 credit unions with under $100M in assets, as of Q2 2026. It is in the top quartile on 2 of 7 ranked measures.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 11.14% to 19.38% | 22.16% | 14.31% | 81st top |
| Return on assets Middle half of peers: 0.16% to 1.30% | 1.02% | 0.72% | 63rd above |
| Return on equity Middle half of peers: 1.04% to 8.69% | 4.62% | 4.74% | 49th below |
| Net interest margin Middle half of peers: 3.31% to 4.53% | 4.12% | 3.93% | 58th above |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | 79.72% | 79.83% | 50th above |
| Cost of funds Middle half of peers: 0.37% to 1.23% | 0.58% | 0.78% | 62nd above |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | 0.05% | 0.86% | over 90th top |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 4.70% | 4.70% | 50th position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 65.69% | 58.92% | 60th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$9.2M total assets against $9.2M; $7.1M total shares and deposits against $7.2M; $4.7M total loans against $5.3M.
$2.0M net worth against $2.0M.
22.16% net worth ratio against 21.28%.
65.69% loan-to-share ratio against 73.14%.
0.05% delinquency ratio.
1.02% return on assets against 1.21%; 4.62% return on equity against 5.66%.
4.12% net interest margin against 3.92%.
846 members against 880.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 22.16% | 1.02% | 0.05% | 65.69% |
| March 31, 2026 | 21.74% | 0.97% | — | 65.36% |
| December 31, 2025 | 22.56% | 0.89% | — | 72.55% |
| September 30, 2025 | 22.01% | 1.33% | — | 73.43% |
| June 30, 2025 | 21.28% | 1.21% | — | 73.14% |
| March 31, 2025 | 21.88% | 1.10% | 1.94% | 77.05% |
Scroll sideways to see every column.
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.