Linn Area Credit Union

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A short history of Linn Area CU

Since its inception in 1935 the Linn Area Credit Union has been serving its members in the Cedar Rapids, 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 Jenny Lorenz, the Linn Area CU has grown its membership to over 25,271 with assets of more than $423,017,151. They have a main office and 5 branch offices. Please see the credit unions website or contact them by phone at (319) 378-0101 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 Cedar Rapids, IA.

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

Charter Number 63602
Address 3015 Blairs Ferry Rd NE 
City Cedar Rapids 
State Iowa 
Zip-Code 52402
Phone Number (319) 378-0101
Fax Number (319) 294-2545
Email Address:
CEO/President Jenny Lorenz
Members 25,271 
Full-Time Employees 93 
Part-Time Employees 10 
Number of Branch Offices
Total Assets 423,017,151 

Compare Linn Area Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Collins Community CU Wiley Blvd Branch 3160 Wiley Blvd SW 52410 (319) 393-9000 No 0.54
Quaker Oats CU QUAKER OATS CREDIT UNION 3535 CENTER POINT RD NE 52402 (319) 395-7060 No 0.72
First CU Hiawatha ATM 1035 N Center Point Rd 52233 24673 No 3.53
Metco CU Main 115 8th Ave SW 52404 (319) 398-5007 No 3.82
St. Ludmila S CU St. Ludmila Credit Union 211 21st Ave SW 52404 (319) 362-7282 No 4.63

Linn Area Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Linn Area 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 9.29 3.99 5.04 4.05 4.80
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 181 280 329 146 205
Rank Among All Iowa Credit Unions 10 42 39 22 26

Linn Area Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.56 0.15 0.40 0.70 1.60
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 65 119 78 223 85
Rank Among All Iowa Credit Unions 2 20 14 28 7
Linn Area Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.2906,97011,641,487
All Other Unsecured Loans/Lines of Credit 8.9301,1073,278,647
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.5001411,181,157
New Vehicle Loans 3.9906,219109,032,091
Used Vehicle Loans 5.0405,07747,151,345
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.0501,186107,223,685
Total Other Real Estate Loans/Lines of Credit 4.8001,00926,972,659
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 4.4402,64441,591,872
TOTAL LOANS & LEASES 24,353348,072,943

Linn Area 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 12015,300,8169713,692,128
    b. 15 Years or less 17712,082,354686,131,687
    a. > 15 years 342,269,33300
    b. 15 Years or less 15316,421,2839897,417
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 2106,528,635181,794,200
Adjustable Rate > 1 yr 49254,621,264414,938,344


Closed-End Fixed Rate 2546,051,88600
Closed-End Adjustable Rate 1584,507,249461,367,785
Open-End Adjustable Rate 59716,413,524752,963,375
Open-End Fixed Rate 0000
TOTALS 2,195134,196,34435431,784,936


Interest Only & Payment Option 1st Mortgage Loans 61,136,790343,697
Interest Only & Payment Option Other RE/LOC Loans 8632,437230,000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Linn Area Credit Union Member Offerings
First Time Homebuyer Program Yes
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