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POLK COUNTY CREDIT UNION

Sep, 30, 2025 — POLK COUNTY CREDIT UNION is a federally insured state chartered credit union headquartered in DES MOINES, IA with 1 branch location and about $5.59 million in total assets. Opened 71 years ago in 1955, POLK COUNTY CREDIT UNION has about 653 members offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:POLK COUNTY CREDIT UNION
Address:
(Main Office)
111 Court Ave Ste 110
DES MOINES, IA 50309-2219
Phone:(515) 244-8647
Fax:(515) 244-3741
Website:https://www.polkcountycreditunion.com/
Branches:1 branch locations
Members:653
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:65039
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1955
Last Audited:Sep 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$5,589,245
CEO/Manager:Kristin Katzmann
Chairperson:Todd Copley

Call Report

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 1,336,073
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 0
 Unsecured Loans 180,695
 Other Loans 3,966,987
 TOTAL LOANS 4,147,682
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -41,036
 Land And Building 0
 Other Fixed Assets 0
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 42,421
 All Other Assets 0
  TOTAL ASSETS 5,589,245
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 774
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 0
 Regular shares 3,670,868
 All Other Shares & Deposits 644,131
  TOTAL SHARES & DEPOSITS 4,314,999
  TOTAL LIABILITIES 4,315,773
 Regular Reserve 0
 Other Reserves 249,483
 Undivided Earnings 1,023,989
  TOTAL EQUITY 1,273,472
  TOTAL LIABILITIES, SHARES, & EQUITY 5,589,245
INCOME & EXPENSE  
 Loan Income 230,308
 Investment Income 41,921
 Other Income 64
 Total Employee Compensation & Benefits 108,330
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 56,837
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 15,346
 Cost of Funds 31,989
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 73,476
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