First Credit Union

About First Credit Union

First Credit Union Location

425 First Ave Sw
Cedar Rapids, IA 52405

Phone: (319) 362-3171
Website: www.firstfedcu.com
Routing/Transit Number: Not Available

First Credit Union Information

First Credit Union of Cedar Rapids, IA is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 7219 members and assets of $102,231,193, as compared to the national average of $93 million dollars of assets per credit union. First Credit Union, first opened in 1926 and has been in operation since then. Additionally, First Credit Union has 16 full time employees and 6 part time employees, or 328.136363636 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that First Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. First Credit Union is a not-for-profit, cooperative, tax-exempt organization.