Premier
Premier is a credit union based in Des Moines, Iowa, established in 1933, with $394 million in total assets serving 16,594 members. By Trust Grade it ranks 60th of 66 credit unions we track in Iowa. Its net worth ratio of 8.2% trails most similarly sized credit unions (5th percentile), versus a Iowa median of 12.9%. It was profitable over the most recent period, with a 0.16% return on assets. No consumer complaints against Premier appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Premier compares to Iowa peers
How we graded Premier
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.2% capital ratio)
- Profitable (ROA 0.16%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Premier over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Premier insured?
Yes. Premier 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.
Premier: frequently asked questions
Is Premier a good credit union?
Premier earns a Bankzia Trust Grade of C (78/100, "Average"), based on a financial-strength score of 78/100 (it has no CFPB complaints on record). Well-capitalized (8.2% capital ratio); Profitable (ROA 0.16%).
Is Premier NCUA-insured?
Yes. Premier 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 Premier?
Premier holds $394 million in total assets, ranking 60th of 66 credit unions we track in Iowa. It serves 16,594 members.
Does Premier have CFPB complaints?
No CFPB complaints against Premier appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
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.
