Veridian Credit Union Waterloo, Iowa
Veridian Credit Union is a state-chartered credit union headquartered in Waterloo, IA, established in 1934 (NCUA charter 64418), and it is regulated and insured by the NCUA. At Q2 2026 it reported 379,914 members and total assets of $9.15B (up 10.3% from Q2 2025), the 2nd largest of 65 credit unions headquartered in Iowa. Its net worth ratio was 11.57% at Q2 2026, in the well capitalized band.
Also written as Veridian 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
- 64418
- Headquarters
- Waterloo, IA
- Established
- 1934
- Total assets, Q2 2026
- $9.15B
- Assets vs Q2 2025
- +10.3%
- Members, Q2 2026
- 379,914
- Net worth ratio, Q2 2026
- 11.57%
- Latest call report
- Q2 2026, NCUA 5300 · Veridian Credit Union call report
- Asset rank in state
- 2nd of 65 in Iowa
- Routing number
- 273976369
- Branches
- 32
It has 20,598 more members than on June 30, 2025 (+5.7%). Its net worth ratio was up 0.22 percentage points from 11.35% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $3.15B of $7.95B in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.67% is below the 0.68% median of the 454 credit unions with $1B to $10B in assets for Q2 2026. Its 11.57% net worth ratio is above that band's 10.89% median.
Credit unions merged into Veridian Credit Union
Warren Credit Union (2023) · Midwest Federal Employees Credit Union (2015) · Waterloo Police Credit Union (2015) · Ashworth Credit Union (2014) · Oelwein-Cresco Credit Union (2014)
Frequently asked about Veridian Credit Union
How big is Veridian Credit Union?
At Q2 2026 it reported total assets of $9.15B and 379,914 members.
Where is Veridian Credit Union headquartered?
It is headquartered in Waterloo, IA, United States.
When was Veridian Credit Union founded?
It was established in 1934, per NCUA records.
Is Veridian Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 64418): 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 Veridian 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 Veridian Credit Union well capitalized?
Its net worth ratio was 11.57% 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 Veridian Credit Union's delinquency ratio?
Its delinquency ratio was 0.67% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Veridian Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 102.74% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Waterloo, IA 50701
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1934
- NCUA Charter #
- 64418
- RSSD ID
- 416197
- Members
- 379,914
- Potential members
- 7,843,432
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 3 of 7 ranked measures and in the bottom quartile on 1.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 9.81% to 12.63% | 11.57% | 10.89% | 60th above |
| Return on assets Middle half of peers: 0.59% to 1.25% | 1.69% | 0.89% | over 90th top |
| Return on equity Middle half of peers: 5.37% to 10.92% | 14.58% | 8.07% | over 90th top |
| Net interest margin Middle half of peers: 3.05% to 3.80% | 3.07% | 3.45% | 26th below |
| Efficiency ratio Middle half of peers: 63.16% to 77.23% | 51.76% | 70.59% | over 90th top |
| Cost of funds Middle half of peers: 1.37% to 1.99% | 2.22% | 1.68% | 16th bottom |
| Delinquency ratio Middle half of peers: 0.45% to 1.05% | 0.67% | 0.68% | 52nd above |
| Yield on assets Middle half of peers: 4.70% to 5.46% | 5.29% | 5.12% | 63rd position only |
| Loan-to-share ratio Middle half of peers: 78.23% to 95.19% | 102.74% | 88.03% | over 90th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$9.15B total assets against $8.29B; $7.74B total shares and deposits against $6.83B; $7.95B total loans against $7.26B.
$1.06B net worth against $943.2M.
11.57% net worth ratio against 11.35%.
102.74% loan-to-share ratio against 106.28%.
0.67% delinquency ratio against 0.76%.
1.69% return on assets against 1.56%; 14.58% return on equity against 13.71%.
3.07% net interest margin against 2.92%.
379,914 members against 359,316.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 11.57% | 1.69% | 0.67% | 102.74% |
| March 31, 2026 | 11.47% | 1.56% | 0.61% | 102.44% |
| December 31, 2025 | 11.45% | 1.41% | 0.86% | 106.75% |
| September 30, 2025 | 11.55% | 1.20% | 0.89% | 107.36% |
| June 30, 2025 | 11.35% | 1.56% | 0.76% | 106.28% |
| March 31, 2025 | 11.12% | 1.45% | 0.68% | 103.87% |
Scroll sideways to see every column.
Watch flags
Loans outstanding exceed total member shares (deposits). The credit union is funding the gap with borrowings or non-member sources that are more rate-sensitive and less stable than core member deposits. Industry heuristic, not a supervisory threshold.
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.