FIRST FEDERAL CREDIT UNION

Welcome to First Credit Union, where our commitment to the Cedar Rapids community shines bright! Located at 425 1st Ave SW, Cedar Rapids, IA 52405, we've proudly served our members since 1926. With a deep-rooted history and a membership of over 10,885, we strive to provide financial solutions that empower individuals and families alike. At First Credit Union, we understand that every member has unique needs. That's why we offer a range of services, from personal banking options like checking and savings accounts to auto loans and mortgages. Our total assets amount to an impressive $192,702,610, showcasing our stability and dedication to you. With $7,646,771 in deposits and a net worth of $15,174,032, we are here to ensure your money is safe and working hard for you. Our leadership team, led by CEO C. Thomas Chalstrom and Board President Mike Pickering, is focused on making your banking experience as seamless as possible. We pride ourselves on being accessible; whether you visit us in person or connect through our website at www.firstfedcu.com, we're always here for you. We also recognize that transparency builds trust. That's why we're proud to share that we have a total loan portfolio of 5,166 loans and leases available for our members. Additionally, we maintain a healthy cash reserve of $1,997,593 on hand, ensuring liquidity for all your financial needs. While members can visit us at our Cedar Rapids location, official correspondence should be sent to our mailing address: 1035 N Center Point Rd, Hiawatha, IA 52233. We're not just about numbers; we're about making a positive impact in the lives of those we serve. Our goal is to foster lasting relationships within the community while providing reliable financial services tailored just for you. If you're ready to take the next step towards better banking or have questions about our services, don't hesitate to call us at (319) 362-3171. Visit us today and discover how First Credit Union can help you achieve your financial goals!

Becoming a member of First feels like joining a close-knit family that's dedicated to your financial well-being. Whether you live, work, or go to school in the Cedar Rapids area, you're likely eligible for membership! At First, we believe everyone deserves access to great financial services and a supportive community. By choosing us, you'll enjoy benefits like competitive rates on loans and savings, personalized customer service, and an array of convenient banking options tailored just for you. To find out more about specific eligibility criteria, feel free to visit our detailed guide at . And when you're ready to take the next step in opening your account, it's as easy as visiting http://www.firstfedcu.com/apply-today or giving us a call at (319) 362-3171. We can't wait to welcome you into the First family!

At First, 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 dedicated to providing a solid financial foundation for our community in Cedar Rapids, IA, ensuring you can trust us with your hard-earned money. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results. With a net worth of $15,174,032, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $785 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 $66,494,940 in share certificates and $37,711,806 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $5,268,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $13,024,802 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is robust, with $1,928 in used auto loans and $155,661,371 in total loans and leases supporting your financial goals across various sectors. Our financial performance reflects our commitment to operational efficiency. This is evident as we report a net income of $-1,009,012, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 26 full-time employees and 3 part-time employees ready to serve you with a knowledgeable team. In summary, our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, First is your trusted partner. Visit us at 425 1St Ave Sw Cedar Rapids Ia 52405 or call (319) 362-3171 to learn more about how we can help you achieve your financial goals.