Sep, 30, 2025 — DES MOINES METRO CREDIT UNION is a federally insured state chartered credit union headquartered in DES MOINES, IA with 1 branch location and about $75.08 million in total assets. Opened 88 years ago in 1938, DES MOINES METRO CREDIT UNION has about 7,101 members and employs 13 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | DES MOINES METRO CREDIT UNION |
|---|---|
| Address: (Main Office) | 100 University Ave DES MOINES, IA 50314-3121 |
| Phone: | (515) 283-4195 |
| Fax: | (515) 284-1652 |
| Website: | https://www.dmmcu.org |
| Branches: | 1 branch locations |
| Members: | 7,101 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 64380 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1938 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $75,081,248 |
| CEO/Manager: | Traci M Stiles |
| Chairperson: | Donna K Heckman |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 12,022,154 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 21,021,471 |
| Unsecured Loans | 2,510,462 |
| Other Loans | 14,597,339 |
| TOTAL LOANS | 38,257,261 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -465,417 |
| Land And Building | 350,002 |
| Other Fixed Assets | 110,245 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 583,020 |
| All Other Assets | 37,657 |
| TOTAL ASSETS | 75,081,248 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 924,536 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 14,045,540 |
| Regular shares | 35,890,459 |
| All Other Shares & Deposits | 15,078,340 |
| TOTAL SHARES & DEPOSITS | 65,014,338 |
| TOTAL LIABILITIES | 65,938,874 |
| Regular Reserve | 0 |
| Other Reserves | 2,328,404 |
| Undivided Earnings | 6,813,970 |
| TOTAL EQUITY | 9,142,374 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 75,081,248 |
| INCOME & EXPENSE | |
| Loan Income | 1,610,145 |
| Investment Income | 948,463 |
| Other Income | 219,409 |
| Total Employee Compensation & Benefits | 698,834 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 978,102 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 378,557 |
| Cost of Funds | 588,546 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 478,159 |
| ↑ Back to Top | |