MIDWEST COMMUNITY

Headquarters

1909 Old South Palmetto St
Sioux City, IA 51106
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.10% 1.60% →
1-Year CD 0.35% 1.35% →
2-Year CD 1.25% 2.65% →
5-Year CD N.A. 1.60% →
30-Year Mortgage N.A. 3.09% →
15-Year Mortgage N.A. 2.59% →
HELOC N.A. 2.77% →

2020 Overview

General Credit Union Information

Midwest Community is an NCUA insured institution located in Sioux City, IA. It was founded in 1955 and has approximately $29.92 millions in assets.

NCUA Insured Yes
Charter Number # # 63494
Date Established 1955
Assets $29.92 million
Loans $11.11 million
Deposits $26.87 million
Capital $2.88 million
 

Field of Membership Restrictions

Membership is open to those who live or work in Woodbury, Plymouth, Dakota or Union Counties in Iowa.

Deposit Rates - June 4, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Savings
0.10% $200 - Learn More
Money Market
0.35% $500 - Learn More
CD Rates (Share Certificate Rates) APY MIN MAX
6 Mo CD
0.25% $1,000 - Learn More
12 Mo CD
0.35% $1,000 - Learn More
24 Mo CD
1.25% $1,000 - Learn More
Variable IRA Rates APY MIN MAX
Var IRA
0.30% $25 - Learn MoreShow Less

Loan Rates - June 4, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for MIDWEST COMMUNITY

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
First Internet Bank
NMLS ID: 424182
3.184% 3.125% 0.75 $1,878 $1,071 Learn More
Quicken Loans NMLS #3030
NMLS ID: 3030
3.998% 3.875% 1.00 $3,750 $1,176 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.019% 3.000% 0.25 $625 $1,055 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
2.990 %
$0 Learn More
More Info

Note to MIDWEST COMMUNITY
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Midwest Community branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Midwest Community Locations


Financial Details

Midwest Community Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Midwest Community. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Midwest Community U.S. Average
8.01% 5.92

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of September 30, 2019, Midwest Community had $236,895 in non-current loans and $0 in owned assets. To cover these potential losses it had $2,879,113 in net worth and $76,959 in loans loss reserves. That gives it a Texas Ratio of 8.01%.

Net Worth
Midwest Community U.S. Average
9.62% 13.86%

Midwest Community FCU has a net worth of 9.62% versus the BestCashCow average of 13.86. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Midwest Community

Branches and Savings

What is Midwest Community?

A federal credit union, registered with the NCUA under certificate #63494.
Learn more about credit unions here.

Is Midwest Community FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Midwest Community?

Please see Field of Membership information above for information on who is eligible to join.

What are Midwest Community's share account and share certificate rates?

Midwest Community's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Midwest Community?

Midwest Community has total capital of $2.88 million. Full information on Midwest Community's financial position is located above.

Who owns Midwest Community?

Credit Unions are owned by their members.

Where are Midwest Community branches located?

See branch locations nearby.

Are Midwest Community ATMs Open 24/7?

Do Midwest Community ATMs accept cash deposits?

Can Midwest Community customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Midwest Community have a mobile app?

Does Midwest Community have mobile deposit?

Does Midwest Community have quick pay?

How can Midwest Community transfer money to other banks or credit unions?

Does Midwest Community report to credit bureaus?

Does Midwest Community use Chexsystems?

Does Midwest Community use Equifax?

What is Midwest Community's toll free phone number?

What is Midwest Community's ACH Routing Number?

What is Midwest Community's SWIFT code?

Where can I find Midwest Community's wire transfer form?

What is the Midwest Community address for deposits?

What Products Does Midwest Community Offer

Does Midwest Community offer mortgages?

Compare mortgage rates here.

Does Midwest Community offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Midwest Community offer auto and RV loans?

Compare auto loan rates here.

Does Midwest Community offer student loans or personal loans?

Compare personal loan rates here.

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