Teamsters Local #238 Credit Union

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A short history of Teamsters Local #238 CU

Since its inception in 1955 the Teamsters Local #238 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 Eric Sorensen, the Teamsters Local #238 CU has grown its membership to over 2,169 with assets of more than $7,833,569. They have a main office and 1 branch offices. Please see the credit unions website or contact them by phone at (319) 363-8247 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 Cedar Rapids, IA.

General Information For Teamsters Local #238 CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 65606
Address 5050 J St SW 
City Cedar Rapids 
State Iowa 
Zip-Code 52404
Phone Number (319) 363-8247
Fax Number (319) 363-9059
Email Address: none
CEO/President Eric Sorensen
Members 2,169 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 7,833,569 

Compare Teamsters Local #238 Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
St. Ludmila S CU St. Ludmila Credit Union 211 21st Ave SW 52404 (319) 362-7282 No 3.77
Metco CU Main 115 8th Ave SW 52404 (319) 398-5007 No 4.40
First CU Hiawatha ATM 1035 N Center Point Rd 52233 24673 No 4.58
Quaker Oats CU QUAKER OATS CREDIT UNION 3535 CENTER POINT RD NE 52402 (319) 395-7060 No 7.38
Collins Community CU Wiley Blvd Branch 3160 Wiley Blvd SW 52410 (319) 393-9000 No 8.01

Teamsters Local #238 Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Teamsters Local #238 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 3.20 5.67 N/A 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 N/A 168 406 N/A N/A
Rank Among All Iowa Credit Unions N/A 25 48 N/A N/A

Teamsters Local #238 Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.13 0.24 0.86 0.80
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 123 108 196 184
Rank Among All Iowa Credit Unions N/A 22 22 23 20
Teamsters Local #238 Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 0.00000
All Other Unsecured Loans/Lines of Credit 12.330105165,124
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.20017226,925
Used Vehicle Loans 5.6703502,746,537
Total 1st Mortgage Real Estate Loans/Lines of Credit 0.00000
Total Other Real Estate Loans/Lines of Credit 0.00000
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.61047,624
TOTAL LOANS & LEASES 4763,146,210

Teamsters Local #238 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 0000
    a. > 15 years 0000
    b. 15 Years or less 0000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 0000


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

Teamsters Local #238 Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans No
Pay Day Lending No
Share Secured Credit Cards No
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders No
No Surcharge ATMs No
Home Banking Via Internet Website No