Charter 62965 · West Des Moines, IA
Financial Plus Credit Union (West Des Moines, IA)
Financial Plus Credit Union is a state-chartered credit union in West Des Moines, Iowa, with $242 million in assets and 11,507 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 14.28%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $242 million
- +6.7% in a year
- Members
- 11,507
- -2.4% in a year
- Net worth ratio
- 14.28%
- Peer median 11.65%
- Loans 60+ days late
- 1.03%
- Peer median 0.70%
- Loans outstanding
- $167 million
- +1.2% in a year
- Shares and deposits
- $206 million
- +6.4% in a year
- Branches
- 4
- 36 employees
- Opened
- 1929
- Iowa charter
How Financial Plus Credit Union compares
NCUA groups credit unions by size; Financial Plus Credit Union is in the group with $100 million to $500 million (1,061 credit unions). Its net worth ratio of 14.28% is higher than that group's median of 11.65%, and its share of loans 60 or more days past due, 1.03%, is higher than the group median of 0.70%. Loans grew 1.2% over the year to Q2 2026, against a group median of 2.9% growth.
By assets it ranks 16 of 66 credit unions headquartered in Iowa. See all Iowa credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $242 million | 11,507 | $167 million | 14.28% | 1.03% |
| Q1 2026 | $240 million | 11,608 | $166 million | 14.10% | 0.53% |
| Q4 2025 | $233 million | 11,712 | $168 million | 14.26% | 0.93% |
| Q3 2025 | $228 million | 11,778 | $168 million | 14.27% | 0.40% |
| Q2 2025 | $227 million | 11,784 | $165 million | 14.04% | 0.28% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 700,000 potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 4 sites for Financial Plus Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- West Des Moines (main office)
1831 25Th St, West Des Moines, IA 50266 - Fleur
4303 Fleur Dr, Des Moines, IA 50321 - Euclid
2850 E Euclid Ave, Des Moines, IA 50317 - Ingersoll
3800 Ingersoll Ave, Des Moines, IA 50312
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology