Industrial Employees Credit Union

  • +1

A short history of Industrial Employees CU

Since its inception in 1967 the Industrial Employees Credit Union has been serving its members in the Centerville, 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 Shona Varese, the Industrial Employees CU has grown its membership to over 1,031 with assets of more than $8,939,006. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (641) 437-7109 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Centerville, IA.

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

Charter Number 65242
Address 1513 S 18th St 
City Centerville 
State Iowa 
Zip-Code 52544
Phone Number (641) 437-7109
Fax Number (641) 437-7109
Email Address: none
CEO/President Shona Varese
Members 1,031 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 8,939,006 

Compare Industrial Employees Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)

Industrial Employees Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Industrial Employees 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 10.00 2.90 5.90 4.75 N/A
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 254 133 432 238 N/A
Rank Among All Iowa Credit Unions 16 17 51 32 N/A

Industrial Employees Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.50 0.50 N/A N/A N/A
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 69 66 N/A N/A N/A
Rank Among All Iowa Credit Unions 3 8 N/A N/A N/A
Industrial Employees Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 10.000229190,056
All Other Unsecured Loans/Lines of Credit 14.000106260,845
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.900671,455,067
Used Vehicle Loans 5.9001631,327,950
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.75025467,067
Total Other Real Estate Loans/Lines of Credit 0.00000
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.90065563,306
TOTAL LOANS & LEASES 6554,264,291

Industrial Employees 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 0000
    b. 15 Years or less 784,00700
    a. > 15 years 7148,74700
    b. 15 Years or less 8178,090124,010
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 356,22300


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000
TOTALS 25467,067124,010


Interest Only & Payment Option 1st Mortgage Loans 110,2440
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

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