Sep, 30, 2025 — CAPITOL VIEW CREDIT UNION is a federally insured state chartered credit union headquartered in DES MOINES, IA with 1 branch location and about $45.50 million in total assets. Opened 82 years ago in 1944, CAPITOL VIEW CREDIT UNION has about 1,777 members and employs 6 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CAPITOL VIEW CREDIT UNION |
|---|---|
| Address: (Main Office) | 623 E 12th St DES MOINES, IA 50309 |
| Phone: | (515) 348-8350 |
| Fax: | (515) 348-8351 |
| Website: | https://www.capview.org |
| Branches: | 1 branch locations |
| Members: | 1,777 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62878 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1944 |
| Last Audited: | Sep 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $45,496,603 |
| CEO/Manager: | Benjamin D Sheridan |
| Chairperson: | Justin Willier |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 15,869,681 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 15,903,092 |
| Unsecured Loans | 1,918,495 |
| Other Loans | 7,795,241 |
| TOTAL LOANS | 25,616,828 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -154,767 |
| Land And Building | 905,466 |
| Other Fixed Assets | 49,839 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 355,688 |
| All Other Assets | 25,041 |
| TOTAL ASSETS | 45,496,603 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 81,087 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 6,381,532 |
| Regular shares | 11,837,402 |
| All Other Shares & Deposits | 18,673,546 |
| TOTAL SHARES & DEPOSITS | 36,892,480 |
| TOTAL LIABILITIES | 36,973,567 |
| Regular Reserve | 0 |
| Other Reserves | 1,421,380 |
| Undivided Earnings | 7,101,656 |
| TOTAL EQUITY | 8,523,036 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 45,496,603 |
| INCOME & EXPENSE | |
| Loan Income | 1,300,129 |
| Investment Income | 566,177 |
| Other Income | 86,839 |
| Total Employee Compensation & Benefits | 417,796 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 741,332 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 30,879 |
| Cost of Funds | 504,451 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 425,232 |
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