Credit union · NCUA insured
Premier Credit Union
A $393.9M credit union headquartered in Des Moines, IA, with 16,594 members and 6 branches in Iowa. Best rates: CDs 4.45% and savings 0.20% APY.
Premier Credit Union Carrot Score
85
Carrot Score
Higher than 71% of U.S. banks and credit unions
#20 of 53 in Des Moines, IA metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Premier Credit Union
Premier Credit Union is a member-owned community credit union headquartered in Des Moines, Iowa, with branches in West Des Moines, Urbandale, Ames, Ankeny, and Sioux City.
Established in 1933 as Bankers Life Employees Credit Union, it was renamed Principal Financial Group Employees Credit Union in 1986 before becoming Premier Credit Union in 2001.
The credit union operates under a community charter serving 35 counties in Iowa, two in Nebraska, and one in South Dakota.
- Headquarters
- 800 9th St, Des Moines, IA 50309
- NCUA charter
- 64271
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This may be incomplete or out of date, so check with the credit union before you apply.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 live or work in approved counties in Iowa, Nebraska, or South Dakota are eligible for membership.
Family and household
- Family and household members of current Premier Credit Union members are eligible for membership.
Cost to join
- Membership requires a $5 initial share deposit to open your first account.
Branches
6 branches in Iowa
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Iowa
6 branches
Des Moines area · 4
- Main BranchMain office800 9th St, Des Moines, IA 50309Directions
- Ankeny1430 SW Tradition Dr, Ankeny, IA 50023Directions
- Urbandale Branch10951 Meredith Dr, Urbandale, IA 50322Directions
- West Des Moines Branch1301 Grand Ave, West Des Moines, IA 50265Directions
Ames area · 1
- Ames520 Grand Ave, Ames, IA 50010Directions
Sioux City area · 1
- Sioux City Branch103 S Fairmount St, Sioux City, IA 51106Directions
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 | 8.59% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 1.09% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.36% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $97 | $76 | — |
- CapitalNet worth ratio8.59%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late1.09%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.36%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$97Peers’ 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 Premier Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.