FIRST CLASS COMMUNITY Credit Union Profile

Showing details for FIRST CLASS COMMUNITY Credit Union.

Home > IA > FIRST CLASS COMMUNITY

FIRST CLASS COMMUNITY

Charter #64231 | NCUA Region 3 | FISCU
Low-Income Designation: Yes
Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (515) 224-4300

Fax: (515) 224-4306

Founding Date: N/A

Website: http://www.gofirstclass.org

Personnel & Operations

President: Olson, Gary

Manager: Pollock, Zac

FT Employees: 19

PT Employees: 0

Designations & Ratios

MDI Status: No

RBC Ratio: 0%

Membership Type: 99

Branches: 2

Hours: DRIVE THRU M-F 8:30-5:30 SAT 8:30-12:00PM

Credit Union Profile Summary

FIRST CLASS COMMUNITY is a FISCU Credit Union. With a total of 7,288 members [1], this institution manages approximately $95,914,396 in total assets [1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 9.52% [1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 2.63% [1].

Financial Snapshot

Total Assets [1]
$95,914,396

Total economic resources.

Total Loans [1]
$37,986,959

Total value of outstanding loans.

Total Deposits [1]
$86,647,915

Total funds deposited by members.

Members [1]
7,288

Number of active members.

Performance Ratios

Net Worth Ratio [1]
9.52%

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]
1.29%

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

Loan-to-Share Ratio [1]
43.84%

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

Four-Quarter Growth

Asset Growth (4Q) [1]
↑ 3.38%

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

Loan Growth (4Q) [1]
↑ 2.63%

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

Member Growth (4Q) [1]
↓ -1.18%

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

Headquarters Location & Map

Headquarters Address

2051 WESTOWN PKWY

WEST DES MOINES, IA, 50265-1541
Open in Google Maps

Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

0

Rate This Credit Union

No approved reviews yet. Be the first to rate this Credit Union!

Branch Locations

Found 2 branches reported by FIRST CLASS COMMUNITY (Charter #64231).

Main Office

First Class Community Credit Union Main Office

Type: Corporate Office

2051 Westown Pkwy

West Des Moines, IA 50265-1541

Phone: (515) 224-4300

Services: Member Services, ATM, Drive-Thru

Open in Directions

Additional Branches

Des Moines

First Class Community Credit Union-E

Type: Branch Office

303 Euclid Ave

Des Moines, IA 50313-4349

Phone: (515) 224-4300

Services: Member Services, ATM, Drive-Thru

Open in Directions