CORDA CREDIT UNION - Cedar Rapids, IA

Welcome to Corda Credit Union, your trusted financial partner located at 3700 Edgewood Rd SW, Cedar Rapids, IA 52404. Since our establishment in 1935, we have been dedicated to serving our community and empowering our members with the financial tools they need to thrive. With a membership base of over 25,842, we pride ourselves on being more than just a credit union; we're a community-focused organization committed to your financial well-being. At Corda, we understand that every dollar counts. That's why we manage total assets of $692,228,797 while offering competitive rates on loans and deposits. Currently, our total loans amount to 29,736, and our members have entrusted us with total deposits of $23,394,342. We strive to provide personalized service that meets your unique needs, whether you're looking for auto loans, mortgages, or business financing. Our leadership team is dedicated to guiding Corda into the future. Under the vision of CEO Paula O'Rourke and Board President Joyce Fowler, we continuously seek ways to enhance member services and strengthen our community ties. Our friendly staff of 100 employees is always ready to assist you with any questions or concerns. For your convenience, while you can visit us at our branch for all your banking needs, official correspondence should be sent to the same address: 3700 Edgewood Rd SW, Cedar Rapids, IA 52404. We invite you to explore how Corda Credit Union can make a positive impact on your financial journey. For more information about our services or to open an account today, visit us online at Corda Credit Union or call us at 319-378-0101. Join us as we continue to grow together!

Joining the Corda community is more than just opening an account; it's about becoming part of a supportive family that prioritizes your financial well-being. To become a member of Corda, you simply need to meet a few friendly eligibility requirements. If you live or work in Linn County, are related to a current member, or share a connection with Corda through certain organizations, you're likely eligible to join us. We welcome individuals from all walks of life, and our goal is to make banking accessible for everyone. You can find detailed eligibility criteria at this link. Opening an account with us is straightforward and designed for your convenience. You can start the process online by visiting this page or give us a call at 319-378-0101 if you have any questions. Our branch is located at 3700 Edgewood Rd SW, Cedar Rapids, IA 52404, and we're here to help you every step of the way. Join us today and discover the many benefits that come with being part of the Corda family!

At Corda, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are proud to share that our financial strength reflects our commitment to serving you with reliability and trustworthiness. With a net worth of $71,299,717, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 10.29% demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $162,047,103 in share certificates and $65,723,417 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $23,984,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $47,778,474 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity supports your financial goals with $7,500 in used auto loans and $585,662,482 in total loans and leases available for various needs. Our operational efficiency is reflected in our net income of $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 99 full-time employees and 1 part-time employee, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Net Shares (Funds available for lending and investments): $3,170,714. Total Share and Deposit Accounts: 67,353, showing a strong and growing member base that trusts us with their finances. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov based on the latest results. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Corda is your trusted partner. Visit us at 3700 Edgewood Rd Sw Cedar Rapids Ia 52404 or call 319-378-0101 to learn more about how we can help you achieve your financial goals.