Credit union · NCUA insured
North Iowa Community Credit Union
A $128.5M credit union headquartered in Mason City, IA, with 11,339 members and 2 branches in Iowa. Best rates: CDs 3.25% and savings 1.00% APY.
North Iowa Community Credit Union Carrot Score
75
Carrot Score
Higher than 40% of U.S. banks and credit unions
#4 of 9 in Mason City, IA metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About North Iowa Community Credit Union
Formed in 1956 by a group of employees of local labor unions, North Iowa Community Credit Union is a member-owned, not-for-profit financial institution.
The credit union operates two locations.
- Headquarters
- 640 S Federal Ave, Mason City, IA 50401
- NCUA charter
- 64191
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Individuals who reside in or work in Butler, Cerro Gordo, Franklin, Floyd, Hancock, Mitchell, Winnebago, Worth, or Wright Counties are eligible for membership.
Family and household
- Family members of members—including spouses, children, parents, brothers, sisters, grandparents, and grandchildren—are eligible to join.
Cost to join
- An initial $25 deposit is required to open a Membership Savings Account and maintain membership.
- Members under 16 require an initial $5 deposit to open an account.
Branches
2 branches in Iowa
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Iowa
2 branches
- Main OfficeMain office640 S Federal Ave, Mason City, IA 50401Directions
- Niccu West4063 4TH ST SW Ste a, Mason City, IA 50401Directions
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 | 9.75% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 1.00% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.98% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $99 | $76 | — |
- CapitalNet worth ratio9.75%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late1.00%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.98%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$99Peers’ 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 North Iowa Community Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.