Sep, 30, 2025 — MEMBERS1ST COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in MARSHALLTOWN, IA with 7 branch locations and about $292.49 million in total assets. Opened 62 years ago in 1964, MEMBERS1ST COMMUNITY CREDIT UNION has about 17,749 members and employs 71 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | MEMBERS1ST COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 104 W Anson St MARSHALLTOWN, IA 50158 |
| Phone: | (641) 752-1582 |
| Fax: | (641) 752-1514 |
| Website: | https://www.members1st.com |
| Branches: | 7 branch locations |
| Members: | 17,749 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62918 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1964 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $292,493,805 |
| CEO/Manager: | Nicholas Tonelli |
| Chairperson: | Kelley A Molitor |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 26,129,440 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 104,247,770 |
| Unsecured Loans | 9,436,048 |
| Other Loans | 86,180,841 |
| TOTAL LOANS | 199,864,658 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,532,038 |
| Land And Building | 10,481,888 |
| Other Fixed Assets | 1,811,899 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 2,364,449 |
| All Other Assets | 218,798 |
| TOTAL ASSETS | 292,493,805 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 1,000 |
| Accounts Payable & Other Liabilities | 2,382,696 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 51,587,404 |
| Regular shares | 86,190,883 |
| All Other Shares & Deposits | 124,592,784 |
| TOTAL SHARES & DEPOSITS | 262,371,071 |
| TOTAL LIABILITIES | 264,754,767 |
| Regular Reserve | 0 |
| Other Reserves | 8,783,513 |
| Undivided Earnings | 18,955,525 |
| TOTAL EQUITY | 27,739,038 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 292,493,805 |
| INCOME & EXPENSE | |
| Loan Income | 8,356,331 |
| Investment Income | 2,189,596 |
| Other Income | 1,201,442 |
| Total Employee Compensation & Benefits | 4,103,948 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 4,050,848 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 910,286 |
| Cost of Funds | 3,248,785 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,543,499 |
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