Sep, 30, 2025 — GREENSTATE CREDIT UNION is a federally insured state chartered credit union headquartered in NORTH LIBERTY, IA with 34 branch locations and about $10.84 billion in total assets. Opened 88 years ago in 1938, GREENSTATE CREDIT UNION has about 398,403 members and employs 983 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | GREENSTATE CREDIT UNION |
|---|---|
| Address: (Main Office) | 2355 Landon Rd NORTH LIBERTY, IA 52317-6508 |
| Phone: | (319) 339-1000 |
| Fax: | |
| Website: | https://www.greenstate.org |
| Branches: | 34 branch locations |
| Members: | 398,403 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60269 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $10,843,432,572 |
| CEO/Manager: | Vic Israni |
| Chairperson: | Fred Mims |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 876,823,986 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 89,602,456 |
| Real Estate Loans | 7,697,866,567 |
| Unsecured Loans | 435,488,183 |
| Other Loans | 1,255,484,130 |
| TOTAL LOANS | 9,389,418,893 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -197,183,191 |
| Land And Building | 138,330,701 |
| Other Fixed Assets | 9,613,411 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 73,525,917 |
| All Other Assets | 605,376 |
| TOTAL ASSETS | 10,843,432,572 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 1,089,142 |
| Notes & Interest Payable | 1,275,900,000 |
| Accounts Payable & Other Liabilities | 84,365,400 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 160,000,000 |
| Share Drafts | 1,413,689,422 |
| Regular shares | 592,953,231 |
| All Other Shares & Deposits | 6,487,607,294 |
| TOTAL SHARES & DEPOSITS | 8,494,249,947 |
| TOTAL LIABILITIES | 10,016,136,965 |
| Regular Reserve | 0 |
| Other Reserves | 235,057,267 |
| Undivided Earnings | 592,238,340 |
| TOTAL EQUITY | 827,295,607 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 10,843,432,572 |
| INCOME & EXPENSE | |
| Loan Income | 365,095,831 |
| Investment Income | 39,253,115 |
| Other Income | 32,227,726 |
| Total Employee Compensation & Benefits | 98,535,195 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 80,970,757 |
| Non-operating Income & (Expense) | -17,944 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 39,436,442 |
| Cost of Funds | 236,326,372 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 19,378,588 |
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