Credit union · NCUA insured
UNITE Credit Union
A $23.5M credit union headquartered in Cedar Falls, IA, with 1,574 members and 1 branch in Iowa. Best rates: CDs 2.25% and savings 1.15% APY.
UNITE Credit Union Carrot Score
86
Carrot Score
Higher than 75% of U.S. banks and credit unions
#4 of 20 in Waterloo, IA metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About UNITE Credit Union
Established in 1955, UNITE Credit Union provides financial services to individuals who live or work in the Iowa counties of Black Hawk, Butler, Bremer, and Grundy.
In 2012, Midwest Utilities Credit Union—consisting of the employees, retirees, and families of MidAmerican Energy—merged with UNITE Credit Union.
- Headquarters
- 403 Washington St, Cedar Falls, IA 50613
- NCUA charter
- 65071
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This may be incomplete or out of date, so check with the credit union before you apply.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 the Iowa counties of Black Hawk, Butler, Bremer and Grundy are eligible for membership.
Employers and groups
- Employees and retirees of MidAmerican Energy are eligible for membership.
Military, government and schools
- Employees, students, alumni and faculty of the Cedar Falls School District are eligible for membership.
- Employees, faculty, alumni and students of the University of Northern Iowa are eligible for membership.
Family and household
- Families of MidAmerican Energy employees and retirees are eligible for membership.
Branches
1 branch in Iowa
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Iowa
1 branch
- Unite Credit UnionMain office403 Washington St, Cedar Falls, IA 50613Directions
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 | 11.82% | 14.31% | 19.38% or more |
| Troubled loans60+ days late | 3.42% | 0.70% | 0.18% or less |
| ProfitabilityReturn on assets | -0.23% | 0.65% | 1.19% or more |
| LendingLoans per $100 deposited | $50 | $59 | — |
- CapitalNet worth ratio11.82%Peers’ middle 14.31% · Top 25% 19.38%+
- Troubled loans60+ days late3.42%Peers’ middle 0.70% · Top 25% ≤0.18%
- ProfitabilityReturn on assets-0.23%Peers’ middle 0.65% · Top 25% 1.19%+
- LendingLoans per $100 deposited$50Peers’ middle $59
Compared with the 2,478 credit unions with under $100 million 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 UNITE Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.