Sep, 30, 2025 — CEDAR FALLS COMMUNITY CREDIT UNION is a federally insured state chartered credit union headquartered in CEDAR FALLS, IA with 4 branch locations and about $228.97 million in total assets. Opened 68 years ago in 1958, CEDAR FALLS COMMUNITY CREDIT UNION has about 8,812 members and employs 34 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | CEDAR FALLS COMMUNITY CREDIT UNION |
|---|---|
| Address: (Main Office) | 123 W 4th St CEDAR FALLS, IA 50613-2831 |
| Phone: | (319) 266-7531 |
| Fax: | (319) 266-8543 |
| Website: | https://www.cfccu.org |
| Branches: | 4 branch locations |
| Members: | 8,812 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 65565 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1958 |
| Last Audited: | Jun 01, 2025 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $228,973,241 |
| CEO/Manager: | Chad Kaeppel |
| Chairperson: | Becky Riehm |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 27,460,164 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 126,192,640 |
| Unsecured Loans | 5,444,432 |
| Other Loans | 47,678,891 |
| TOTAL LOANS | 179,315,964 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,395,965 |
| Land And Building | 3,110,117 |
| Other Fixed Assets | 225,652 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 1,627,003 |
| All Other Assets | 0 |
| TOTAL ASSETS | 228,973,241 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 1,762,689 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 27,276,313 |
| Regular shares | 28,926,906 |
| All Other Shares & Deposits | 133,628,800 |
| TOTAL SHARES & DEPOSITS | 189,832,019 |
| TOTAL LIABILITIES | 191,594,708 |
| Regular Reserve | 0 |
| Other Reserves | 7,509,761 |
| Undivided Earnings | 29,868,772 |
| TOTAL EQUITY | 37,378,533 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 228,973,241 |
| INCOME & EXPENSE | |
| Loan Income | 7,708,197 |
| Investment Income | 1,263,394 |
| Other Income | 609,942 |
| Total Employee Compensation & Benefits | 1,734,318 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 1,957,672 |
| Non-operating Income & (Expense) | 184,767 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 870,000 |
| Cost of Funds | 3,561,831 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 2,618,621 |
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