FINANCIAL PLUS Credit Union Profile

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FINANCIAL PLUS

Charter #62965 | NCUA Region 3 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (515) 224-1222

Fax: (515) 224-0961

Founding Date: N/A

Website: http://www.financialpluscu.com

Personnel & Operations

President: Williams, Phillip

Manager: Cale, Dave

FT Employees: 36

PT Employees: 2

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 4

Hours: M-Th, 9-5 Fr, 9-6 Sat, 9-Noon

Credit Union Profile Summary

FINANCIAL PLUS is a FISCU Credit Union. With a total of 11,784 members [1], this institution manages approximately $226,510,827 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 14.04% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 8.02% [1].

Financial Snapshot

Total Assets [1]
$226,510,827

Total economic resources.

Total Loans [1]
$164,945,509

Total value of outstanding loans.

Total Deposits [1]
$194,042,966

Total funds deposited by members.

Members [1]
11,784

Number of active members.

Performance Ratios

Net Worth Ratio [1]
14.04%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) [1]
1.24%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio [1]
85.00%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 4.86%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) [1]
↑ 8.02%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) [1]
↓ -0.88%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

1831 25th St

West Des Moines, IA, 50266-1416
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

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Branch Locations

Found 4 branches reported by FINANCIAL PLUS (Charter #62965).

Main Office

West Des Moines Main Office

Type: Corporate Office

1831 25th St

West Des Moines, IA 50266-1416

Phone: (515) 224-1222

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Des Moines

Euclid

Type: Branch Office

2850 E Euclid Ave

Des Moines, IA 50317-4246

Phone: (515) 283-2526

Services: Member Services, ATM, Drive-Thru

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Fleur

Type: Branch Office

4303 Fleur Dr

Des Moines, IA 50321-2327

Phone: (515) 256-7955

Services: Member Services, ATM, Drive-Thru

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Ingersoll

Type: Branch Office

609 38th St

Des Moines, IA 50312-3307

Phone: (515) 274-4100

Services: Member Services, ATM, Drive-Thru

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