Midland Credit Union Urbandale, Iowa
Midland Credit Union is a state-chartered credit union headquartered in Urbandale, IA, established in 1933 (NCUA charter 61918), and it is regulated and insured by the NCUA. At Q2 2026 it reported 6,527 members and total assets of $101.2M (up 1.2% from Q2 2025), the 30th largest of 65 credit unions headquartered in Iowa. Its net worth ratio was 11.85% at Q2 2026, in the well capitalized band.
Also written as Midland 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
- 61918
- Headquarters
- Urbandale, IA
- Established
- 1933
- Total assets, Q2 2026
- $101.2M
- Assets vs Q2 2025
- +1.2%
- Members, Q2 2026
- 6,527
- Net worth ratio, Q2 2026
- 11.85%
- Latest call report
- Q2 2026, NCUA 5300 · Midland Credit Union call report
- Asset rank in state
- 30th of 65 in Iowa
- Routing number
- 273976181
- Branches
- 3
It has 208 fewer members than on June 30, 2025 (-3.1%). Its net worth ratio was up 0.99 percentage points from 10.86% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $29.8M of $67.6M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.60% is below the 0.68% median of the 1,338 credit unions with $100M to $1B in assets for Q2 2026. Its 11.85% net worth ratio is above that band's 11.43% median.
Credit unions merged into Midland Credit Union
United Credit Union (2024) · N G P L Employees Credit Union (2023)
Frequently asked about Midland Credit Union
How big is Midland Credit Union?
At Q2 2026 it reported total assets of $101.2M and 6,527 members.
Where is Midland Credit Union headquartered?
It is headquartered in Urbandale, IA, United States.
When was Midland Credit Union founded?
It was established in 1933, per NCUA records.
Is Midland Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 61918): 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 Midland 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 Midland Credit Union well capitalized?
Its net worth ratio was 11.85% 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 Midland Credit Union's delinquency ratio?
Its delinquency ratio was 0.60% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Midland Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 80.14% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Urbandale, IA 50322
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1933
- NCUA Charter #
- 61918
- RSSD ID
- 816591
- Members
- 6,527
- Potential members
- 1,055,080
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 1,341 credit unions with $100M to $1B in assets, as of Q2 2026. It is in the top quartile on 1 of 7 ranked measures.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 9.81% to 13.58% | 11.85% | 11.43% | 55th above |
| Return on assets Middle half of peers: 0.43% to 1.23% | 1.16% | 0.81% | 71st above |
| Return on equity Middle half of peers: 3.87% to 9.84% | 9.81% | 7.02% | 75th above |
| Net interest margin Middle half of peers: 3.30% to 4.10% | 4.59% | 3.70% | over 90th top |
| Efficiency ratio Middle half of peers: 68.90% to 83.49% | 74.83% | 76.55% | 56th above |
| Cost of funds Middle half of peers: 0.92% to 1.56% | 1.11% | 1.24% | 60th above |
| Delinquency ratio Middle half of peers: 0.39% to 1.12% | 0.60% | 0.68% | 57th above |
| Yield on assets Middle half of peers: 4.53% to 5.37% | 5.69% | 4.92% | 86th position only |
| Loan-to-share ratio Middle half of peers: 62.05% to 86.41% | 80.14% | 75.66% | 60th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$101.2M total assets against $99.9M; $84.3M total shares and deposits against $84.3M; $67.6M total loans against $61.9M.
$12.0M net worth against $10.9M.
11.85% net worth ratio against 10.86%.
80.14% loan-to-share ratio against 73.40%.
0.60% delinquency ratio against 0.57%.
1.16% return on assets against 0.99%; 9.81% return on equity against 9.13%.
4.59% net interest margin against 4.32%.
6,527 members against 6,735.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 11.85% | 1.16% | 0.60% | 80.14% |
| March 31, 2026 | 11.64% | 1.01% | 0.47% | 78.72% |
| December 31, 2025 | 11.74% | 0.93% | 0.60% | 79.75% |
| September 30, 2025 | 11.25% | 1.43% | 0.82% | 74.62% |
| June 30, 2025 | 10.86% | 0.99% | 0.57% | 73.40% |
| March 31, 2025 | 10.54% | 0.29% | 1.33% | 72.06% |
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.