First Class Community Credit Union

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A short history of First Class Community CU

Since its inception in 1925 the First Class Community 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 Zac Pollock, the First Class Community CU has grown its membership to over 8,545 with assets of more than $75,065,381. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (515) 224-4300 or email them at memberresponse@gofirstclass.org 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 First Class Community CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 64231
Address 2051 WESTOWN PARKWAY 
City WEST DES MOINES 
State Iowa 
Zip-Code 50265
Phone Number (515) 224-4300
Fax Number (515) 224-4306
Email Address: memberresponse@gofirstclass.org
CEO/President Zac Pollock
Members 8,545 
Full-Time Employees 19 
Part-Time Employees
Number of Branch Offices
Total Assets 75,065,381 
Website http://www.gofirstclass.org 

Compare First Class Community Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Cornerstone Community CU The Cornerstone Credit Union 414 61st St 50312 (515) 274-2343 No 2.54
Financial Plus CU West Des Moines 1831 25th St 50266 (515) 224-1222 No 2.76
Midland CU Midland Credit Union 2891 106TH ST 50322 (515) 278-1994 No 4.40
Des Moines Water Works CU Des Moines Water Works Credit union 2201 George Flagg Pkwy 50321 (515) 282-1908 No 4.65
Des Moines Fire Department CU Des Moines Fire Dept Credit Union 1330 Mulberry St 50309 (515) 288-2521 No 5.91

First Class Community Credit Union Financial Performance Charts


Performance Charts

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Financial Data


First Class Community 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 3.58 4.64 3.91 4.13
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 219 283 127 119
Rank Among All Iowa Credit Unions N/A 34 32 17 13

First Class Community 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 0.98 0.41
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 129 114 178 241
Rank Among All Iowa Credit Unions N/A 24 23 19 29
First Class Community Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 14.4001,1492,345,618
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.580961,721,983
Used Vehicle Loans 4.6401,76918,232,059
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.910694,586,423
Total Other Real Estate Loans/Lines of Credit 4.1302355,646,355
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.7901241,429,625
TOTAL LOANS & LEASES 3,44233,962,063

First Class Community Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

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 0000
    b. 15 Years or less 623,866,614182,000
Balloon/Hybrid
    a. > 15 years 4355,83400
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 3363,97500

OTHER REAL ESTATE

Closed-End Fixed Rate 2005,002,25424978,422
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 35644,101234,500
Open-End Fixed Rate 0000
TOTALS 30410,232,778271,094,922

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

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

First Class Community 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 No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes