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Des Moines Metro Credit Union
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Des Moines Metro Credit Union Share
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Overview Share
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Des Moines Metro Credit Union is a federally insured state credit union based in Des Moines, Iowa. It has been opened since 1938, for 84 years.

With around $55,700,000 in assets, Des Moines Metro Credit Union is considered to be an average size credit union. It has 1 branches and 1 ATM locations.

About Share
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Address 100 University Avenue
Des Moines, Iowa 50314
Website http://www.dmmcu.org
Phone (515) 283-4195
Fax (515) 284-1652
CEO Jim Anderson
President of the Board Anthony Andrews
Services Offered
Score Card Share
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84 years
Years in business
Opened in 1938
Well Capitalized
Net worth classification
Source: NCUA
6,125 members
Membership type: State chartered natural person credit union
Above average number of members
383:1
Credit union member to staff ratio
383 per each FTE employee
Compared to 411:1 nationally
Average number of staff
$55,700,815
Total assets
Average size
1 branch
Compared with an average of 4 nationally and 3 in Iowa
Average number of branches
0.33%
Savings interest rate
Compared to 0.3% nationally
9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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1 branch
Compared with an average of 4 nationally and 3 in Iowa
Average number of branches
Des Moines Metro Credit Union Branch Locations

Des Moines Metro Credit Union: Main Office
100 University Avenue
Des Moines, Iowa 50314
ATM Available
Members Share
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6,125 members
Membership type: State chartered natural person credit union
Above average number of members

With 6,125 members, the Des Moines Metro Credit Union is considered to be a large credit union. It is larger than 61% of credit unions.

Fees Share
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$53
Average fee per member
The average fee per member at the Des Moines Metro Credit Union is $53, which is comparable to most credit unions. This rate is lower than 47% of all credit unions.
Fees are average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Des Moines Metro Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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383:1
Credit union member to staff ratio
383 per each FTE employee
Compared to 411:1 nationally
Average number of staff
16 staff members
FTE (full-time equivalent)
0% of employees are part-time
16 full-time, 0 part-time

Des Moines Metro Credit Union has 16 full-time staff members and 0 part-time staff members.

The number of members relative to staff members is an indication of how well staffed the credit union is. Des Moines Metro Credit Union has around 383 members per staff, an average ratio compared to other credit unions. This is a somewhat well staffed credit union.

Assets Share
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$55,700,815
Total assets
Average size
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
12.1%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$9,074
Average loan and lease size
Loan & lease sizes are average sized. They are bigger than at 40% of credit unions.

Des Moines Metro Credit Union holds a total of $28,600,000 in loans and leases, which is about $9,074 per member on average.

Savings interest rate Share
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0.33%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Des Moines Metro Credit Union pays 0.33%.

Loan rates Share
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9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
13.31%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
4.31%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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3.34%
New car loan rate
Compared to 4.0% nationally
4.74%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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4.42%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
3.98%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally
3.60%
Other real estate loan rates
Compared to 0.9% nationally

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Des Moines Metro Credit Union: Main Office
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Des Moines Metro Credit Union: Main Office ATM
Credit Union ATM: 100 University Avenue
Des Moines, Iowa 50314