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Leeco Credit Union Keokuk, Iowa

Leeco Credit Union is a state-chartered credit union headquartered in Keokuk, IA, established in 1966 (NCUA charter 61393), and it is regulated and insured by the NCUA. At Q2 2026 it reported 534 members and total assets of $3.2M (down 3.3% from Q2 2025), the 62nd largest of 65 credit unions headquartered in Iowa. Its net worth ratio was 31.82% at Q2 2026, in the well capitalized band.

Also written as Leeco CU

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Keokuk, IA Credit Union Est. 1966 NCUA #61393 NCUA

Data as of · sourced from NCUA 5300 call reports. How we update

Latest · June 30, 2026
Charter
State-chartered credit union
Regulator
NCUA
Deposit insurance
NCUA (NCUSIF)
NCUA charter number
61393
Headquarters
Keokuk, IA
Established
1966
Total assets, Q2 2026
$3.2M
Assets vs Q2 2025
-3.3%
Members, Q2 2026
534
Net worth ratio, Q2 2026
31.82%
Latest call report
Q2 2026, NCUA 5300 · Leeco Credit Union call report
Asset rank in state
62nd of 65 in Iowa
Routing number
273975182
Branches
1

It has 7 more members than on June 30, 2025 (+1.3%). Its net worth ratio was up 2.01 percentage points from 29.81% on June 30, 2025. Used vehicle loans are its largest loan category, $1.4M of $1.7M in total loans on its June 30, 2026 filing.

Frequently asked about Leeco Credit Union

How big is Leeco Credit Union?

At Q2 2026 it reported total assets of $3.2M and 534 members.

Where is Leeco Credit Union headquartered?

It is headquartered in Keokuk, IA, United States.

When was Leeco Credit Union founded?

It was established in 1966, per NCUA records.

Is Leeco Credit Union FDIC insured?

No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 61393): 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 Leeco 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 Leeco Credit Union well capitalized?

Its net worth ratio was 31.82% 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 Leeco Credit Union's loan-to-share ratio?

Its loan-to-share ratio was 79.82% at Q2 2026: total loans as a share of member shares and deposits.

Credit Union Profile

Headquarters
Keokuk, IA 52632
Charter Type
State-chartered credit union
Primary Regulator
NCUA
Insurance
NCUSIF
Established
1966
NCUA Charter #
61393
RSSD ID
998992
Members
534
Potential members
30,000

Size & Membership

Total assets $3.2M
Total shares & deposits $2.2M
Total loans $1.7M
  Used vehicle loans$1.4M
  Other secured non-real estate loans and lines of credit$158K
  New vehicle loans$137K
  Other unsecured loans and lines of credit$69K
Members 534

Profitability

Q2 annualized
Return on assets (ROA) 1.78%YTD 1.28%
Return on equity (ROE) 5.58%YTD 4.08%
Net interest margin 6.19%YTD 5.66%
Efficiency ratio 69.59%
Cost of funds 0.36%

Capital & Asset Quality

Net worth $1.0M
Net worth ratio 31.82%
Net worth category Well capitalized
Delinquency ratio —
Loan-to-share ratio 79.82%
Yield on assets 6.54%

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 4 of 6 ranked measures.

Metric This credit union Peer median Rank among peers
Net worth ratio Middle half of peers: 11.14% to 19.38% 31.82% 14.31% over 90th top
Return on assets Middle half of peers: 0.16% to 1.30% 1.78% 0.72% 87th top
Return on equity Middle half of peers: 1.04% to 8.69% 5.58% 4.74% 55th above
Net interest margin Middle half of peers: 3.31% to 4.53% 6.19% 3.93% over 90th top
Efficiency ratio Middle half of peers: 68.03% to 91.60% 69.59% 79.83% 72nd above
Cost of funds Middle half of peers: 0.37% to 1.23% 0.36% 0.78% 76th top
Delinquency ratio Middle half of peers: 0.35% to 1.93% not on file 0.86% not on file
Yield on assets Middle half of peers: 4.21% to 5.32% 6.54% 4.70% over 90th position only
Loan-to-share ratio Middle half of peers: 42.33% to 75.81% 79.82% 58.92% 79th position only

Quarterly trends

Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built

Assets, loans and shares

$3.2M total assets against $3.3M; $2.2M total shares and deposits against $2.3M; $1.7M total loans against $2.1M.

Net worth

$1.0M net worth against $988K.

Net worth ratio

31.82% net worth ratio against 29.81%.

Loan-to-share ratio

79.82% loan-to-share ratio against 91.93%.

Return on assets and return on equity

1.78% return on assets against 1.54%; 5.58% return on equity against 5.18%.

Net interest margin

6.19% net interest margin against 6.63%.

Members

534 members against 527.

Quarterly trend: last 6 quarters

Quarter Net worth ratio ROA Delinquency Loan-to-share
June 30, 2026 31.82% 1.78% — 79.82%
March 31, 2026 30.22% 0.76% — 76.90%
December 31, 2025 31.13% 0.44% — 81.54%
September 30, 2025 30.33% 0.87% — 87.81%
June 30, 2025 29.81% 1.54% — 91.93%
March 31, 2025 29.99% 1.04% 1.63% 101.14%

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.