Sep, 30, 2025 — COLLINS COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in CEDAR RAPIDS, IA with 9 branch locations and about $1.55 billion in total assets. Opened 86 years ago in 1940, COLLINS COMMUNITY CREDIT UNION has about 82,127 members and employs 208 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | COLLINS COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 1005 Blairs Ferry Rd NE CEDAR RAPIDS, IA 52402-1292 |
| Phone: | (319) 393-9000 |
| Fax: | (319) 378-3399 |
| Website: | https://www.collinscu.org |
| Branches: | 9 branch locations |
| Members: | 82,127 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 62969 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1940 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,546,485,494 |
| CEO/Manager: | Jason MacDonald |
| Chairperson: | Marsha A Schulte |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 102,190,629 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 1,089,525 |
| Real Estate Loans | 882,884,850 |
| Unsecured Loans | 27,167,073 |
| Other Loans | 230,528,816 |
| TOTAL LOANS | 1,140,713,571 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -15,919,550 |
| Land And Building | 48,446,071 |
| Other Fixed Assets | 16,020,479 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 11,972,481 |
| All Other Assets | 7,310,379 |
| TOTAL ASSETS | 1,546,485,494 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 3,910 |
| Notes & Interest Payable | 92,758,304 |
| Accounts Payable & Other Liabilities | 13,275,070 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 353,436,865 |
| Regular shares | 205,536,031 |
| All Other Shares & Deposits | 777,237,987 |
| TOTAL SHARES & DEPOSITS | 1,336,210,883 |
| TOTAL LIABILITIES | 1,442,401,936 |
| Regular Reserve | 0 |
| Other Reserves | 93,959,588 |
| Undivided Earnings | 10,123,970 |
| TOTAL EQUITY | 104,083,558 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,546,485,494 |
| INCOME & EXPENSE | |
| Loan Income | 44,910,340 |
| Investment Income | 8,469,569 |
| Other Income | 6,024,665 |
| Total Employee Compensation & Benefits | 14,364,060 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 20,187,579 |
| Non-operating Income & (Expense) | -106,739 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 6,158,874 |
| Cost of Funds | 27,339,156 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 1,138,126 |
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