Skip to main content
credit union

Industrial Employees

Centerville, IA · Est. 1967
A
Trust Grade
Excellent
Score: 98/100

Industrial Employees is a credit union based in Centerville, Iowa, established in 1967, with $9 million in total assets serving 863 members. By Trust Grade it ranks 24th of 66 credit unions we track in Iowa. Its net worth ratio of 21.7% is stronger than 83% of similarly sized credit unions, versus a Iowa median of 12.9%. It was profitable over the most recent period, with a 0.97% return on assets. No consumer complaints against Industrial Employees appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.

Total assets
$9.3M
<$100M institution
Members
863
Shares & deposits
Net worth ratio
21.7%
Top 17% of <$100M peers · Iowa median 12.9%
Return on assets
1.0%
Top 32% of <$100M peers · Iowa median 0.92%
Rank in Iowa
#24
of 66 credit unions

How Industrial Employees compares to Iowa peers

Net worth ratio
Top 17% of <$100M peers
Industrial Employees
21.7%
Iowa median
12.9%
Higher capital ratio = stronger financial cushion
Return on assets
Top 32% of <$100M peers
Industrial Employees
1.0%
Iowa median
0.9%
Higher ROA = more profitable relative to asset base

How we graded Industrial Employees

The Trust Grade blends financial strength with complaint history. Full methodology →

Financial strength
98/100
Customer experience
n/a
Overall
A · 98
  • Strongly capitalized (21.7% capital ratio)
  • Profitable (ROA 0.97%)
  • No CFPB complaints on record

Consumer complaints (CFPB)

No CFPB complaints are on file for Industrial Employees over the analysis window. For a smaller institution this is common and counts in its favor.

Are deposits at Industrial Employees insured?

Yes. Industrial Employees is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.

Industrial Employees: frequently asked questions

Is Industrial Employees a good credit union?

Industrial Employees earns a Bankzia Trust Grade of A (98/100, "Excellent"), based on a financial-strength score of 98/100 (it has no CFPB complaints on record). Strongly capitalized (21.7% capital ratio); Profitable (ROA 0.97%).

Is Industrial Employees NCUA-insured?

Yes. Industrial Employees is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.

How big is Industrial Employees?

Industrial Employees holds $9 million in total assets, ranking 24th of 66 credit unions we track in Iowa. It serves 863 members.

Does Industrial Employees have CFPB complaints?

No CFPB complaints against Industrial Employees appear in our data over the analysis window, which is typical for a credit union of this size.

Similar Credit Unions

North Western Employees
credit union · Council Bluffs, IA · $10M assets
Teamsters Local #238
credit union · Cedar Rapids, IA · $8M assets
Ace
credit union · Mason City, IA · $8M assets
Du Pont Employees
credit union · Fort Madison, IA · $7M assets
Allen Hospital Personnel
credit union · Waterloo, IA · $6M assets
Polk County
credit union · Des Moines, IA · $6M assets

Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.

From the Blog

View all guides →