State credit union · WEST DES MOINES, Iowa · NCUA charter #64231
First Class Community
Health score 79/100, grade B (Very Good) - from the NCUA 5300 Call Report, 2025Q4.
- 79
- Health / 100
- $93.3M
- Total assets
- 6,939
- Members
- 10.4%
- Net-worth ratio
First Class Community scores 79/100 on PlainCU's health composite from NCUA 5300 Call Report data (2025Q4). Assets $93.3M; members 6,939; net-worth ratio 10.36%; health rank #2,881 of 4,374; healthier than 33rd of scored peers.
NCUA 5300 Call Report masthead
NCUA 5300 Call Report Masthead
#2,881 of 4,374 health · 2025Q4First Class Community · health 79/100 · $93.3M · 2025Q4
- RANK 79/100
- PHOTO 10.4%
- BOOK 0.33%
- CHARTER 0.42%
- NCUSIF $93.3M
- CAMELS 6,939
- HEALTH #2,881/4,374
- NW Transit Employees
- DELQ 64231
Call Report peers
First Class Community in the assets neighbourhood
First Class Community's $93.3M assets sit next to Transit Employees ($93.4M) 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 Class Community 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
79 33rd percentile higher than 33% 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 Class Community - Share Insurance Coverage
Composite supervisory bracket and risk-based capital, read from the 2025Q4 NCUA Call Report for charter #64231. See our deposit-insurance coverage note.
Where First Class Community diverges from peer averages
- Delinquency Rate leads the peer set - 0.33% here, 0.96% peer average (-0.63 pp).
- Loan-to-Share Ratio trails the peer set - 45.02% here, 62.60% peer average (-17.58 pp).
Peer averages are NCUA 5300 means for the $50M–$100M cohort (584 CUs), 2025Q4 vintage - registry deltas only, not a join recommendation.
First Class Community in Iowa
- In Iowa, health place is #49 of 66 on the same NCUA-ratio sort used nationally.
- By total assets, First Class Community is #31 of 66 in Iowa.
- Membership ranks #29 of 66 among Iowa CUs with a reported count (6,939 members).
In-state ordinals use the live credit_unions table for IA only - ROW_NUMBER sorts match /rankings healthiest and largest, scoped to the state.
First Class Community Call Report trajectory
First Class Community: total assets by quarter
4 Call Report filings on this page's own vintage chain
- Assets moved +3.5% from $93.3M (2025Q4) to $96.5M (2026Q1).
- Net-worth ratio shifted -0.09 pp (10.45% → 10.36%).
Trajectory uses quarterly_financials rows already on this page - same NCUA 5300 vintage chain, not a forecast.
This credit union's 10.36% net worth ratio clears the 7.0% NCUA well-capitalized threshold set under Prompt Corrective Action rules.
How the 79/100 score is built
Each segment is a pillar's weighted contribution to the composite; widths sum to 79.
- Net Worth Ratio 30.0 pts
- Delinquency Rate 25.0 pts
- Return on Assets 13.8 pts
- Member Growth 0.0 pts
- Loan-to-Share Ratio 10.2 pts
First Class Community health metrics
| Metric | Value | vs peer |
|---|---|---|
| Net Worth Ratio | 10.36% | -3.26 pp |
| Delinquency Rate | 0.33% | -0.63 pp |
| Return on Assets | 0.42% | -0.24 pp |
| Member Growth | -5.26% | - |
| Loan-to-Share Ratio | 45.02% | -17.58 pp |
Health score = weighted composite of the five NCUA ratios above. Scores based on NCUA 5300 Call Report Q4 2025 data. Peer group: $50M–$100M (584 CUs).
Historical Financials
| Quarter | Assets | Members |
|---|---|---|
| 2026Q1 | $96.5M | - |
| 2025Q4 | $93.3M | 6,939 |
| 2024Q4 | $94.5M | 7,324 |
| 2023Q4 | $93.4M | 7,428 |
Credit Union Details
- Charter Number
- 64231
- Type
- State
- Field of Membership
- Other
- Peer Group
- $50M–$100M
- State
- Iowa
- City
- WEST DES MOINES
- Data Quarter
- 2025Q4
Branch Locations (2)
Per its most recent NCUA branch filing, First Class Community runs 2 offices in 2 different cities.
| Office | City |
|---|---|
| First Class Community Credit Union (Main Office) | West Des Moines, IA |
| First Class Community Credit Union-E | Des Moines, IA |
Source: NCUA Credit Union Branch Information, 2025Q4 filing.
Nearby Credit Unions in Iowa
More federally-insured credit unions based in Iowa, ordered by peer group match and asset size.
First Class Community nationwide neighbourhoods
First Class Community's nationwide photo peers by assets and by health score, excluding Iowa charters.
Similar total assets
Nearest other-state credit unions with ≥$10M assets ($93.3M here).
Similar health score
Nearest other-state credit unions by five-factor health composite (79/100 here).
Using this data
- First Class Community ranks #2,881 of 4,374 nationally on financial health and #49 of 66 in IA -- the national figure is a benchmark, not a prediction for how any specific account performs. National health rankings
- JOURNEY is a nearby credit union with a similar profile -- compare the two side by side before deciding where to bank. Compare with JOURNEY
- 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 Class Community financially healthy?
Yes/no aside, the number is 79/100 (Very Good) - First Class Community's financial health score from the NCUA 5300 Call Report, Q4 2025. On the national health ranking (same basis as /rankings/healthiest), it sits at #2,881 of 4,374; by total assets it ranks #1,883 of 4,374 nationally (same basis as /rankings/largest); and #31 of 66 within Iowa. Above 80 reads excellent, below 50 warrants closer monitoring; a 10.36% net worth ratio and 0.33% delinquency rate are the key drivers.
How does First Class Community compare to other credit unions?
First Class Community scores 79/100 on PlainCU's health composite, compared to a peer group average for $50M–$100M credit unions. The score is based on five NCUA-reported metrics: net worth ratio (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 Class Community?
Membership eligibility for First Class Community depends on its field of membership - currently: Other. Credit unions typically require a common bond such as employer, location, or association membership. Contact First Class Community directly for current membership requirements and application steps.
Is my money safe at First Class Community?
Federal credit unions like First Class Community 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 Class Community's net worth ratio of 10.36% exceeds the 7% threshold NCUA considers "well capitalized."
What rates does First Class Community offer compared to banks?
Credit unions like First Class Community 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 Class Community 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.