Credit union · NCUA insured
Financial Plus Credit Union
Top CarrotA $239.6M credit union headquartered in West Des Moines, IA, with 11,608 members and 4 branches in Iowa. Best rates: CDs 4.50% and savings 0.75% APY.
Financial Plus Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 88% of U.S. banks and credit unions
#7 of 53 in Des Moines, IA metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Financial Plus Credit Union
Founded in 1929 as Meredith Credit Union, Financial Plus Credit Union is a member-owned financial cooperative.
Headquartered in Des Moines, Iowa, the credit union serves a field of membership spanning 41 Iowa counties.
- Headquarters
- 1831 25th St, West Des Moines, IA 50266-1416
- NCUA charter
- 62965
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Membership is open to community members who work or reside in specified Iowa counties (Polk, Story, Jasper, Marion, Warren, Madison, Dallas, Boone, Hamilton, Hardin, Marshall, Poweshiek, Mahaska, Monroe, Lucas, Clarke, Union, Adair, Guthrie, Greene, Webster, Tama, Wright, Franklin, Grundy, Black Hawk, Benton, Iowa, Keokuk, Wapello, Appanoose, Wayne, Decatur, Ringgold, Adams, Cass, Audubon, Carroll, Calhoun, Pocahontas, and Humboldt).
Employers and groups
- Membership is open to employees of select employee groups.
Family and household
- Membership is open to family members of primary Financial Plus Credit Union members.
Other ways
- Membership qualification applies to businesses or organizations located in one of the 41 member counties.
Cost to join
- Opening an account requires a $25 opening deposit.
Branches
4 branches in Iowa
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Iowa
4 branches
- West Des MoinesMain office1831 25th St, West Des Moines, IA 50266Directions
- Euclid2850 E Euclid Ave, Des Moines, IA 50317Directions
- Fleur4303 Fleur Dr, Des Moines, IA 50321Directions
- Ingersoll3800 Ingersoll Ave, Des Moines, IA 50312Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 14.28% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 1.03% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 1.05% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $81 | $76 | — |
- CapitalNet worth ratio14.28%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late1.03%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets1.05%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$81Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of Financial Plus Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.