MUNI EMPLOYEES CREDIT UNION is no longer an active credit union according to the NCUA.
Sep, 30, 2025 — MUNI EMPLOYEES CREDIT UNION is a federally insured state chartered credit union headquartered in OTTUMWA, IA with 1 branch location and about $658,662 in total assets. Opened 74 years ago in 1952, MUNI EMPLOYEES CREDIT UNION has about 227 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MUNI EMPLOYEES CREDIT UNION |
|---|---|
| Address: (Main Office) | 105 E 3RD ST OTTUMWA, IA 52501-2904 |
| Phone: | (641) 683-0659 |
| Fax: | (641) 683-0659 |
| Website: | n/a |
| Branches: | 1 branch locations |
| Members: | 227 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 61360 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Jun 01, 2021 |
| FHLB Member: | No |
| Low Income Designation: | No |
| Assets: | $658,662 |
| CEO/Manager: | Stephanie Nickerson |
| Chairperson: | Rachel Thompson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 101,917 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 0 |
| Unsecured Loans | 125,016 |
| Other Loans | 432,541 |
| TOTAL LOANS | 557,557 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,400 |
| Land And Building | 0 |
| Other Fixed Assets | 0 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 6,403 |
| All Other Assets | 0 |
| TOTAL ASSETS | 658,662 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 185 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,058 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 0 |
| Regular shares | 580,980 |
| All Other Shares & Deposits | 0 |
| TOTAL SHARES & DEPOSITS | 580,980 |
| TOTAL LIABILITIES | 584,223 |
| Regular Reserve | 0 |
| Other Reserves | 49,000 |
| Undivided Earnings | 25,439 |
| TOTAL EQUITY | 74,439 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 658,662 |
| INCOME & EXPENSE | |
| Loan Income | 18,748 |
| Investment Income | 357 |
| Other Income | 0 |
| Total Employee Compensation & Benefits | 13,643 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 5,850 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 0 |
| Cost of Funds | 372 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | -272 |
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