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Industrial Employees Credit Union Rates & Review April 2026

Industrial Employees Credit Union's savings rates are at 0.75%. MonitorBankRates evaluates the financial stability of Industrial Employees Credit Union with a 5.0 Star Rating and an A+ Overall Health Grade. Rates were last updated on 04/19/2026.

Industrial Employees Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Industrial Employees Credit Union? Share your experience about Industrial Employees Credit Union by leaving a review below, or read customer reviews before you decide to use Industrial Employees Credit Union.

Overall Health & Safety Grade ?
A+
Exceptional Health Score: 100/100
MonitorBankRates Rating ?
5.0
Exceptional Out of 5.0 Stars
Texas Ratio ?
--
No Data No data
Industrial Employees Credit Union
Industrial Employees CU
1513 S 18th St
Centerville, IA 52544
https://industrialemployeescu.com
Member NCUA

Industrial Employees Credit Union Savings Rates

Product Rate APY View More
Savings 0.75% 0.75%
Min Balance $5
Details Actual Rate - .75% as of 3/31/2026
Last Updated 04/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.00%

Industrial Employees Credit Union Credit Card Rates

Product Rate APR View More
Mastercard - 10.00%
No additional details.
Last Updated 04/19/2026
Institution Ratings
5.0
Star Rating
A+
Health Grade
Texas Ratio: 0.00%

Methodology & Data Sources

MonitorBankRates Star Rating
Our rating for Industrial Employees Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather Industrial Employees Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Industrial Employees Credit Union's official website for the most current offers and terms.

Credit Union Profile & Overview

Credit Union Name Industrial Employees Credit Union
Address 1513 S 18th St, Centerville, IA 52544
Phone 641-437-7109
Fax 641-437-7109
President Wendell DeVore
CEO Shona Varese
Full-Time Employees 3
Part-Time Employees 0
Branch Locations 1
ATM Locations 0
NCUA Insured ✓ Yes — Up to $250,000 per depositor

Financials

MonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A+ (100/100)
Return on Assets (ROA)
0.9120%
Return on Equity (ROE)
4.1359%
Non-Performing Loans Ratio (NPL)
0.00%
Total Assets
9,040,244
Total Amount of Shares and Deposits
7,038,390
Total Shares and Deposits < 1 Year
7,038,390
Total Insured Shares and Deposits > $250K (item 17 less item K)
7,038,390
Total Interest Expense (Sum of items 6 8)
37,106
Number of Accounts for Share Drafts
258
Number of Accounts for Regular Shares
1,196
Net Income (unless the amount is already included in Undivided Earnings)
82,448
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
1,612,348
Total Liabilities
7,063,972
Source: NCUA — Last Updated 09/30/2025

Customer Reviews

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Average Rating
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Total Reviews
0
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Frequently Asked Questions About Industrial Employees Credit Union

Is Industrial Employees Credit Union a safe place to deposit money?

Yes, Industrial Employees Credit Union is considered a safe financial institution. Your accounts are federally insured by the NCUA (National Credit Union Administration) up to $250,000 per depositor, for each account ownership category.

How many branches does Industrial Employees Credit Union operate?

Industrial Employees Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is a member application needed to join Industrial Employees Credit Union?

Yes, to access services at Industrial Employees Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations.

Is there a first-time homebuyer program?

Currently, Industrial Employees Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Industrial Employees Credit Union provides members with tools to manage their accounts and build a solid financial history.

Does Industrial Employees Credit Union offer online and mobile banking?

Most modern institutions like Industrial Employees Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://industrialemployeescu.com.

Current Industrial Employees Credit Union Rates

  • Savings0.75%
Retrieved from our database of financial products. Rates subject to change.