Sep, 30, 2025 — AFFINITY CREDIT UNION is a federally insured state chartered credit union headquartered in DES MOINES, IA with 2 branch locations and about $148.84 million in total assets. Opened 77 years ago in 1949, AFFINITY CREDIT UNION has about 12,629 members and employs 37 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | AFFINITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 475 NW Hoffman Ln DES MOINES, IA 50313-2261 |
| Phone: | (515) 288-7225 |
| Fax: | (515) 288-1806 |
| Website: | https://www.affinitycuia.org |
| Branches: | 2 branch locations |
| Members: | 12,629 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62829 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1949 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $148,838,879 |
| CEO/Manager: | Jeremy Smith |
| Chairperson: | Cara Harris |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 7,801,831 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 57,152,480 |
| Unsecured Loans | 9,028,569 |
| Other Loans | 37,748,403 |
| TOTAL LOANS | 103,929,453 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,025,648 |
| Land And Building | 2,961,597 |
| Other Fixed Assets | 1,590,700 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,283,497 |
| All Other Assets | 0 |
| TOTAL ASSETS | 148,838,879 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 171,653 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 3,045,506 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 29,678,153 |
| Regular shares | 54,369,319 |
| All Other Shares & Deposits | 44,221,491 |
| TOTAL SHARES & DEPOSITS | 128,268,964 |
| TOTAL LIABILITIES | 131,486,123 |
| Regular Reserve | 0 |
| Other Reserves | 5,872,500 |
| Undivided Earnings | 11,480,256 |
| TOTAL EQUITY | 17,352,756 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 148,838,879 |
| INCOME & EXPENSE | |
| Loan Income | 4,961,133 |
| Investment Income | 1,158,807 |
| Other Income | 717,610 |
| Total Employee Compensation & Benefits | 2,909,902 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 3,207,620 |
| Non-operating Income & (Expense) | -6,761 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 421,000 |
| Cost of Funds | 1,250,549 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 422,727 |
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