State credit union · Cedar Rapids, Iowa · NCUA charter #63602
CORDA
Health score 85/100, grade A (Excellent) - from the NCUA 5300 Call Report, 2025Q4.
- 85
- Health / 100
- $726.3M
- Total assets
- 26,718
- Members
- 9.7%
- Net-worth ratio
CORDA scores 85/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $726.3M; members 26,718; net-worth ratio 9.68%; health rank #2,010 of 4,374; healthier than 54th of scored peers.
Federal Call Report extract
NCUA 5300 Call Report Masthead
#2,010 of 4,374 health · 2025Q4CORDA · health 85/100 · $726.3M · 2025Q4
Call Report peers
CORDA in the assets neighbourhood
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
CORDA vs every NCUA-scored credit union
CORDA sits in the busiest band, 85-89, alongside 857 other credit unions.
85 Top 46% higher than 54% of 4,374 credit unions
every scored credit union, bucketed by value
Each bar is a band; taller bars hold more credit unions. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.
Source NCUA 5300 Call Report aggregates · 2025Q4
CORDA vs Over $500M peers
- Loan-to-Share Ratio leads the peer set - 108.05% here, 83.90% peer average (+24.15 pp).
- Largest lag: Net Worth Ratio at 9.68% vs peer 11.18% (-1.50 pp).
Iowa standing for CORDA
- Iowa health ordinal: #41 of 66.
- Iowa assets place: #8 of 66.
- Iowa membership ordinal: #10 of 66.
- One place up in Iowa, Family Community (#40) ties at 85/100; one place down, Casebine Community (#42) scores 83/100, 2 points lower.
How CORDA's 5300 filing moved
CORDA: total assets by quarter
2023Q4 to 2026Q1, NCUA 5300
- Assets moved +3.1% from $726.3M (2025Q4) to $748.9M (2026Q1).
- Net-worth ratio shifted -0.16 pp (9.84% → 9.68%).
This credit union's 9.68% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
How the 85/100 score is built
CORDA gives up 15 points in total. Loan-to-Share Ratio costs the most, 7.5 of its 15; Return on Assets scores full marks.
- Net Worth Ratio 29.2 pts
- Delinquency Rate 21.1 pts
- Return on Assets 15.0 pts
- Member Growth 12.6 pts
- Loan-to-Share Ratio 7.1 pts
Financial Health Metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 9.68% | -1.50 pp |
| Delinquency Rate | 0.89% | +0.02 pp |
| Return on Assets | 0.71% | +0.20 pp |
| Member Growth | 3.02% | - |
| Loan-to-Share Ratio | 108.05% | +24.15 pp |
Peer averages: Over $500M cohort, 749 credit unions, 2025Q4 filing.
CORDA filing history
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $748.9M | - |
| 2025Q4 | $726.3M | 26,718 |
| 2024Q4 | $686.7M | 25,935 |
| 2023Q4 | $667.2M | 25,865 |
Credit Union Details
- Charter Number
- 63602
- Type
- State
- Field of Membership
- Other
- Peer Group
- Over $500M
- State
- Iowa
- City
- Cedar Rapids
- Data Quarter
- 2025Q4
Branch Locations (5)
CORDA operates 5 offices across 3 cities, per its most recent NCUA branch filing.
| Office | City |
|---|---|
| Corda Credit Union (Main Office) | Cedar Rapids, IA |
| Corda Credit Union | Cedar Rapids, IA |
| Corda Credit Union | Cedar Rapids, IA |
| Corda Credit Union | Marion, IA |
| Corda Credit Union | North Liberty, IA |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Iowa
A look at other Iowa credit unions, ranked by how closely their peer group and asset size match this one.
CORDA nationwide neighbourhoods
Using this data
- CORDA ranks #2,010 of 4,374 nationally on financial health and #41 of 66 in IA -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- Greater Iowa is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with Greater Iowa
Frequently Asked Questions
Is CORDA financially healthy?
CORDA has a financial health score of 85/100 (Excellent) from its 2025Q4 NCUA 5300 Call Report. It ranks #2,010 of 4,374 nationally on health and #41 of 66 in Iowa. Its net worth ratio is 9.68% and its delinquency rate 0.89%.
How does CORDA compare to other credit unions?
CORDA scores 85/100, higher than 54% of the 4,374 scored credit unions. Against the 749 peers in the Over $500M cohort, its widest edge is loan-to-share ratio (108.05% vs 83.90%). Its widest shortfall is net worth ratio (9.68% vs 11.18%).
How can I join CORDA?
Membership eligibility for CORDA depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact CORDA directly for current membership requirements and application steps.
Is my money safe at CORDA?
CORDA is a state-chartered credit union; its shares are federally insured by the National Credit Union Share Insurance Fund (NCUSIF), administered by the NCUA. Each individual depositor is insured up to $250,000, the same limit as FDIC-insured banks. CORDA's net worth ratio of 9.68% exceeds the 7% threshold NCUA considers "well capitalized."
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.