CORDA Credit Union Profile

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CORDA

Charter #63602 | NCUA Region 3 | FISCU
Low-Income Designation: No
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (319) 892-7300

Fax:

Founding Date: N/A

Website: http://www.cordacu.org

Personnel & Operations

President: Fowler, Joyce

Manager: O'Rourke, Paula

FT Employees: 111

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 4

Hours: 8:30am-5:30pm - Mon, Tue, Wed, Fri 10:30am-

Credit Union Profile Summary

CORDA is a FISCU Credit Union. With a total of 25,784 members [1], this institution manages approximately $721,037,774 in total assets [1]. It does not currently hold a Low-Income Designation. Key financial indicators show a solid Net Worth Ratio of 10.24% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 6.43% [1].

Financial Snapshot

Total Assets [1]
$721,037,774

Total economic resources.

Total Loans [1]
$616,931,308

Total value of outstanding loans.

Total Deposits [1]
$561,319,573

Total funds deposited by members.

Members [1]
25,784

Number of active members.

Performance Ratios

Net Worth Ratio [1]
10.24%

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]
0.44%

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

Loan-to-Share Ratio [1]
109.91%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 6.94%

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

Loan Growth (4Q) [1]
↑ 6.43%

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

Member Growth (4Q) [1]
↑ 0.19%

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

Headquarters Location & Map

Headquarters Address

3015 Blairs Ferry Rd NE

Cedar Rapids, IA, 52402
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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

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Branch Locations

Found 5 branches reported by CORDA (Charter #63602).

Main Office

Linn Area Credit Union Main Office

Type: Corporate Office

3015 Blairs Ferry Rd NE

Cedar Rapids, IA 52402

Phone: (319) 378-0101

Services: Member Services, ATM, Drive-Thru

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Additional Branches

Cedar Rapids

Linn Area Credit Union

Type: Branch Office

619 20th Ave SW

Cedar Rapids, IA 52404

Phone: (319) 378-0101

Services: Member Services, ATM, Drive-Thru

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Linn Area Credit Union

Type: Branch Office

3330 Mount Vernon Rd SE

Cedar Rapids, IA 52403-3613

Phone: (319) 378-0101

Services: Member Services, ATM, Drive-Thru

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Linn Area Credit Union

Type: Branch Office

3700 Edgewood Rd SW

Cedar Rapids, IA 52404

Phone: (319) 378-0101

Services: Member Services, ATM, Drive-Thru

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Marion

Linn Area Credit Union

Type: Branch Office

3375 7th Ave

Marion, IA 52302

Phone: (319) 378-0101

Services: Member Services, ATM, Drive-Thru

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