First Class Community
First Class Community is a credit union based in West Des Moines, Iowa, established in 1925, with $97 million in total assets serving 6,870 members. By Trust Grade it ranks 46th of 66 credit unions we track in Iowa. Its net worth ratio of 10.4% trails most similarly sized credit unions (20th percentile), versus a Iowa median of 12.9%. It was profitable over the most recent period, with a 1.05% return on assets. No consumer complaints against First Class Community appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How First Class Community compares to Iowa peers
How we graded First Class Community
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (10.4% capital ratio)
- Strongly profitable (ROA 1.05%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for First Class Community over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at First Class Community insured?
Yes. First Class Community 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.
First Class Community: frequently asked questions
Is First Class Community a good credit union?
First Class Community earns a Bankzia Trust Grade of A (92/100, "Excellent"), based on a financial-strength score of 92/100 (it has no CFPB complaints on record). Well-capitalized (10.4% capital ratio); Strongly profitable (ROA 1.05%).
Is First Class Community NCUA-insured?
Yes. First Class Community 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 First Class Community?
First Class Community holds $97 million in total assets, ranking 46th of 66 credit unions we track in Iowa. It serves 6,870 members.
Does First Class Community have CFPB complaints?
No CFPB complaints against First Class Community 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.
