Community 1st Credit Union

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A short history of Community 1st CU

Since its inception in 1936 the Community 1st Credit Union has been serving its members in the OTTUMWA, Iowa area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Gregory Hanshaw, the Community 1st CU has grown its membership to over 54,753 with assets of more than $613,752,577. They have a main office and 17 branch offices. Please see the credit unions website or contact them by phone at (641) 684-5448 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in OTTUMWA, IA.

General Information For Community 1st CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 68510
Address PO BOX 737 
State Iowa 
Zip-Code 52501
Phone Number (641) 684-5448
Fax Number (641) 682-2188
Email Address:
CEO/President Gregory Hanshaw
Members 54,753 
Full-Time Employees 193 
Part-Time Employees 45 
Number of Branch Offices 17 
Total Assets 613,752,577 

Compare Community 1st Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Meridian CU Meridian Credit Union 1206 N Jefferson St 52501 (641) 684-4207 No 0.57
River Community CU River Community C. U. 644 W 2nd St 52501 (641) 684-6302 No 0.60
Muni Employees CU Muni-Employees CU 105 E 3rd St 52501 (641) 683-0659 No 0.83

Community 1st Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Community 1st Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate N/A 1.99 2.69 3.25 4.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions N/A 34 65 44 100
Rank Among All Iowa Credit Unions N/A 1 5 3 11

Community 1st Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.15 0.50 0.75 1.00
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 119 60 215 158
Rank Among All Iowa Credit Unions N/A 20 11 27 16
Community 1st Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 11.9005,98719,072,934
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.5504222,517,393
New Vehicle Loans 1.9901,57825,964,558
Used Vehicle Loans 2.69010,704106,245,495
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.2503,248279,912,095
Total Other Real Estate Loans/Lines of Credit 4.0001,62231,577,229
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.9901,91862,497,474
TOTAL LOANS & LEASES 25,479527,787,178

Community 1st Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 353,070,06200
    b. 15 Years or less 1,36497,933,09513211,664,226
    a. > 15 years 1,09998,997,613748,815,673
    b. 15 Years or less 29123,168,9482217,200
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 747,445,750312,736,436
Adjustable Rate > 1 yr 38549,296,627377,829,038


Closed-End Fixed Rate 3998,084,50536876,198
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1,21323,326,3031122,537,576
Open-End Fixed Rate 10166,42100
TOTALS 4,870311,489,32442434,676,347


Interest Only & Payment Option 1st Mortgage Loans 9584,333402,409
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Community 1st Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing No
Money Orders No
No Surcharge ATMs No
Home Banking Via Internet Website Yes