Federal credit union · Hiawatha, Iowa · NCUA charter #24673
FIRST
Health score 54/100, grade D (Fair) - from the NCUA 5300 Call Report, 2025Q4.
- 54
- Health / 100
- $179.7M
- Total assets
- 10,124
- Members
- 7.3%
- Net-worth ratio
FIRST scores 54/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $179.7M; members 10,124; net-worth ratio 7.26%; health rank #4,212 of 4,374; healthier than 4th of scored peers.
NCUA 5300 Call Report masthead
NCUA 5300 Call Report Masthead
#4,212 of 4,374 health · 2025Q4FIRST · health 54/100 · $179.7M · 2025Q4
- BOOK 54/100
- CHARTER 7.3%
- NCUSIF 1.25%
- CAMELS -0.83%
- HEALTH $179.7M
- NW 10,124
- DELQ #4,212/4,374
- ROA Aspire Community
- ASSETS 24673
Call Report peers
FIRST in the assets neighbourhood
FIRST's $179.7M assets sit next to Aspire Community ($179.7M) on the assets neighbourhood; peer NAMES stay, and the masthead VALUES are this credit union's Call Report.
Subscribe to this credit union's financial changes (RSS) — one item per NCUA 5300 call report, no account required.
FIRST vs every NCUA-scored credit union
Where this credit union's health score sits among every federally insured CU with a scored NCUA 5300 filing
54 4th percentile higher than 4% 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
FIRST - Share Insurance Coverage
Below: composite supervisory bracket and risk-based capital for charter #24673, per the 2025Q4 NCUA Call Report. Our deposit-insurance coverage note explains how the $250,000 NCUSIF ceiling works.
Peer-gap read for FIRST
- Loan-to-Share Ratio leads the peer set - 94.18% here, 72.20% peer average (+21.98 pp).
- Widest shortfall vs peers is Net Worth Ratio: -4.85 pp (7.26% vs 12.11%).
Peer averages are NCUA 5300 means for the $100M–$500M cohort (1069 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
FIRST in Iowa
- In Iowa, health place is #64 of 66 on the same NCUA-ratio sort used nationally.
- Assets rank #19 of 66 inside Iowa ($179.7M reported).
- Member book place in Iowa: #23 of 66.
In-state ordinals use the live credit_unions table for IA only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
Quarter path for FIRST
FIRST: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved -1.3% from $179.7M (2025Q4) to $177.4M (2026Q1).
- Net-worth ratio shifted -0.06 pp (7.32% → 7.26%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
7.26% net worth puts this credit union above the NCUA's 7.0% well-capitalized bar (Prompt Corrective Action rules).
How the 54/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 54.
- Net Worth Ratio 23.1 pts
- Delinquency Rate 18.1 pts
- Return on Assets 0.0 pts
- Member Growth 0.0 pts
- Loan-to-Share Ratio 12.8 pts
Call Report ratios for FIRST
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 7.26% | -4.85 pp |
| Delinquency Rate | 1.25% | +0.36 pp |
| Return on Assets | -0.83% | -1.45 pp |
| Member Growth | -6.14% | - |
| Loan-to-Share Ratio | 94.18% | +21.98 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $100M–$500M (1069 CUs).
FIRST quarterly book
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $177.4M | - |
| 2025Q4 | $179.7M | 10,124 |
| 2024Q4 | $192.1M | 10,786 |
| 2023Q4 | $205.1M | 11,461 |
Credit Union Details
- Charter Number
- 24673
- Type
- Federal
- Field of Membership
- Community
- Peer Group
- $100M–$500M
- State
- Iowa
- City
- Hiawatha
- Data Quarter
- 2025Q4
Branch Locations (8)
Per its most recent NCUA branch filing, FIRST runs 8 offices in 6 different cities across 2 states.
| Office | City |
|---|---|
| Hiawatha (Main Office) | Hiawatha, IA |
| Cedar Rapids | Cedar Rapids, IA |
| Advantage Records Management | Cedar Rapids, IA |
| Cedar Rapids Westdale | Cedar Rapids, IA |
| Portico | Frisco, TX |
| Marion | Marion, IA |
| Spencer | Spencer, IA |
| Urbana | Urbana, IA |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Iowa
Other federally-insured credit unions in Iowa, closest first by peer group and asset size.
Nationwide credit unions with similar profiles
Cross-state asset and health neighbours for FIRST - kept outside Iowa; in-state CUs stay in the Nearby block.
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($179.7M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (54/100 here).
Using this data
- FIRST ranks #4,212 of 4,374 nationally on financial health and #64 of 66 in IA -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- AIM is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with AIM
- Rates and health both vary by institution, not just by state -- see how Iowa credit unions compare overall before assuming this one is typical. Iowa state overview
National and state figures are benchmarks built from NCUA 5300 Call Report data, not a recommendation for any individual account decision.
Frequently Asked Questions
Is FIRST financially healthy?
Based on NCUA 5300 Call Report data as of Q4 2025, FIRST carries a financial health score of 54/100 (Fair). On the national health ranking (same basis as /rankings/healthiest), it sits at #4,212 of 4,374; by total assets it ranks #1,356 of 4,374 nationally (same basis as /rankings/largest); and #19 of 66 within Iowa. On this scale, above 80 is excellent and below 50 warrants closer monitoring; the two biggest inputs here are a 7.26% net worth ratio and a 1.25% delinquency rate.
How does FIRST compare to other credit unions?
On PlainCU's health composite, FIRST lands at 54/100, compared to a peer group average for $100M–$500M credit unions. Five NCUA-reported metrics feed that number: net worth ratio (weighted 30%), delinquency rate (25%), return on assets (15%), member growth (15%), and loan-to-share ratio (15%).
What is a credit union health score?
A credit union health score is a composite rating (0–100) that combines five financial metrics reported to the NCUA: net worth ratio (capital adequacy), delinquency rate (loan quality), return on assets (profitability), member growth, and loan-to-share ratio (liquidity balance). Scores above 80 indicate excellent financial health; 60–79 is good; 40–59 is fair; below 40 is weak.
How can I join FIRST?
FIRST operates under a community charter, meaning membership is generally open to anyone who lives, works, worships, or attends school within its defined geographic service area, no employer or association tie required. Contact FIRST directly for the exact boundaries and application steps.
Is my money safe at FIRST?
Federal credit unions like FIRST are 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. FIRST's net worth ratio of 7.26% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does FIRST offer compared to banks?
Credit unions like FIRST are not-for-profit cooperatives, which typically allows them to offer higher savings rates and lower loan rates than banks. Nationally, credit unions average 0.25–0.50% lower auto loan rates and 0.10–0.30% higher savings yields. Contact FIRST directly for current rates, or compare overall credit union vs bank rates on our rates comparison page.
Every figure on PlainCU is rendered directly from NCUA quarterly call report data, no number is typed in by an editor. Credit union figures are computed directly from NCUA quarterly call report data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.