Financial Plus Credit Union

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A short history of Financial Plus CU

Since its inception in 1929 the Financial Plus Credit Union has been serving its members in the WEST DES MOINES, 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 Dave Cale, the Financial Plus CU has grown its membership to over 13,391 with assets of more than $174,236,338. They have a main office and 4 branch offices. Please see the credit unions website or contact them by phone at (515) 224-1222 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 WEST DES MOINES, IA.

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

Charter Number 62965
Address 1831 25TH ST 
State Iowa 
Zip-Code 50266
Phone Number (515) 224-1222
Fax Number (515) 224-0961
Email Address:
CEO/President Dave Cale
Members 13,391 
Full-Time Employees 33 
Part-Time Employees
Number of Branch Offices
Total Assets 174,236,338 

Compare Financial Plus Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
First Class Community CU First Class Community Credit Union-E 303 Euclid Ave 50313 (515) 224-4300 No 3.78
Midland CU Midland Credit Union 2891 106TH ST 50322 (515) 278-1994 No 4.35
Cornerstone Community CU The Cornerstone Credit Union 414 61st St 50312 (515) 274-2343 No 4.71
Des Moines Water Works CU Des Moines Water Works Credit union 2201 George Flagg Pkwy 50321 (515) 282-1908 No 7.10
Community Choice CU Johnston 8404 nw 62nd ave 50131 (515) 334-8100 No 8.23

Financial Plus Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Financial Plus 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 8.31 3.14 3.72 2.73 4.20
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 109 160 172 11 126
Rank Among All Iowa Credit Unions 5 23 18 1 17

Financial Plus Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.10 0.20 0.25 0.30
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 129 114 310 259
Rank Among All Iowa Credit Unions N/A 24 23 40 32
Financial Plus Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.3102,9934,220,075
All Other Unsecured Loans/Lines of Credit 12.6901,1322,199,422
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.340308367,396
New Vehicle Loans 3.1403205,744,832
Used Vehicle Loans 3.7201,89224,249,691
Total 1st Mortgage Real Estate Loans/Lines of Credit 2.73014519,836,088
Total Other Real Estate Loans/Lines of Credit 4.20043110,970,567
Leases Receivable 2.7402082,921,380
Total All Other Loans/Lines of Credit 0.00000
TOTAL LOANS & LEASES 7,42970,509,451

Financial Plus 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 525,120,09400
    b. 15 Years or less 242,108,61400
    a. > 15 years 449,166,13331,152,971
    b. 15 Years or less 253,441,247181,278,647
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 3238,848,776431,657,183
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1082,121,7915265,834
Open-End Fixed Rate 0000
TOTALS 57630,806,655694,354,635


Interest Only & Payment Option 1st Mortgage Loans 122,438,052896,857
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Financial Plus Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
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 Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes