Lennox Employees Credit Union Marshalltown, Iowa
Lennox Employees Credit Union is a state-chartered credit union headquartered in Marshalltown, IA, established in 1948 (NCUA charter 64234), and it is regulated and insured by the NCUA. At Q2 2026 it reported 6,719 members and total assets of $73.4M (up 6.9% from Q2 2025), the 37th largest of 65 credit unions headquartered in Iowa. Its net worth ratio was 8.55% at Q2 2026, in the well capitalized band.
Also written as Lennox 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
- 64234
- Headquarters
- Marshalltown, IA
- Established
- 1948
- Total assets, Q2 2026
- $73.4M
- Assets vs Q2 2025
- +6.9%
- Members, Q2 2026
- 6,719
- Net worth ratio, Q2 2026
- 8.55%
- Latest call report
- Q2 2026, NCUA 5300 · Lennox Employees Credit Union call report
- Asset rank in state
- 37th of 65 in Iowa
- Routing number
- 273975357
- Branches
- 1
It has 167 more members than on June 30, 2025 (+2.5%). Its net worth ratio was down 0.60 percentage points from 9.15% on June 30, 2025. Used vehicle loans are its largest loan category, $21.4M of $42.8M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.89% is above the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026. Its 8.55% net worth ratio is below that band's 14.31% median.
Frequently asked about Lennox Employees Credit Union
How big is Lennox Employees Credit Union?
At Q2 2026 it reported total assets of $73.4M and 6,719 members.
Where is Lennox Employees Credit Union headquartered?
It is headquartered in Marshalltown, IA, United States.
When was Lennox Employees Credit Union founded?
It was established in 1948, per NCUA records.
Is Lennox Employees Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 64234): 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 Lennox 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 Lennox Employees Credit Union well capitalized?
Its net worth ratio was 8.55% 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 Lennox Employees Credit Union's delinquency ratio?
Its delinquency ratio was 0.89% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Lennox Employees Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 64.25% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Marshalltown, IA 50158
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1948
- NCUA Charter #
- 64234
- RSSD ID
- 391098
- Members
- 6,719
- Potential members
- 26,653
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 0 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: 11.14% to 19.38% | 8.55% | 14.31% | under 10th bottom |
| Return on assets Middle half of peers: 0.16% to 1.30% | 0.15% | 0.72% | 25th bottom |
| Return on equity Middle half of peers: 1.04% to 8.69% | 1.75% | 4.74% | 30th below |
| Net interest margin Middle half of peers: 3.31% to 4.53% | 2.88% | 3.93% | 14th bottom |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | 90.11% | 79.83% | 28th below |
| Cost of funds Middle half of peers: 0.37% to 1.23% | 1.86% | 0.78% | under 10th bottom |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | 0.89% | 0.86% | 49th below |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 4.74% | 4.70% | 52nd position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 64.25% | 58.92% | 58th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$73.4M total assets against $68.7M; $66.7M total shares and deposits against $62.6M; $42.8M total loans against $39.9M.
$6.3M net worth against $6.3M.
8.55% net worth ratio against 9.15%.
64.25% loan-to-share ratio against 63.76%.
0.89% delinquency ratio against 2.24%.
0.15% return on assets against 0.21%; 1.75% return on equity against 2.26%.
2.88% net interest margin against 2.67%.
6,719 members against 6,552.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 8.55% | 0.15% | 0.89% | 64.25% |
| March 31, 2026 | 8.59% | -0.22% | 0.89% | 61.46% |
| December 31, 2025 | 8.86% | -0.28% | 1.83% | 62.73% |
| September 30, 2025 | 9.20% | 0.30% | 1.96% | 63.78% |
| June 30, 2025 | 9.15% | 0.21% | 2.24% | 63.76% |
| March 31, 2025 | 9.16% | 0.10% | 1.00% | 62.32% |
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.