THE HUB-CO CREDIT UNION is no longer an active credit union according to the NCUA. If available, you can view their website at https://hubcocu.com for more information.
Sep, 30, 2025 — THE HUB-CO CREDIT UNION is a federally insured state chartered credit union headquartered in Keokuk, IA with 1 branch location and about $23.74 million in total assets. Opened 88 years ago in 1938, THE HUB-CO CREDIT UNION has about 3,109 members and employs 3 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | THE HUB-CO CREDIT UNION |
|---|---|
| Address: (Main Office) | 310 Bank St Keokuk, IA 52632 |
| Phone: | (319) 524-8133 |
| Fax: | (319) 524-4132 |
| Website: | https://hubcocu.com |
| Branches: | 1 branch locations |
| Members: | 3,109 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60678 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Dec 01, 2020 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $23,739,600 |
| CEO/Manager: | John Mickelson |
| Chairperson: | Roger Bryant |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 6,444,133 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 2,752,975 |
| Unsecured Loans | 554,133 |
| Other Loans | 2,924,457 |
| TOTAL LOANS | 6,231,565 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -58,765 |
| Land And Building | 62,669 |
| Other Fixed Assets | 24,205 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 205,165 |
| All Other Assets | 0 |
| TOTAL ASSETS | 23,739,600 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 95,414 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 4,111,283 |
| Regular shares | 16,173,251 |
| All Other Shares & Deposits | 1,297,968 |
| TOTAL SHARES & DEPOSITS | 21,582,502 |
| TOTAL LIABILITIES | 21,677,916 |
| Regular Reserve | 0 |
| Other Reserves | 2,081,522 |
| Undivided Earnings | -19,838 |
| TOTAL EQUITY | 2,061,684 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 23,739,600 |
| INCOME & EXPENSE | |
| Loan Income | 261,951 |
| Investment Income | 83,785 |
| Other Income | 46,918 |
| Total Employee Compensation & Benefits | 137,620 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 226,345 |
| Non-operating Income & (Expense) | 2,450 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 13,500 |
| Cost of Funds | 37,530 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -19,891 |
| ↑ Back to Top | |