Charter 62638 · Cherokee, IA
North Star Community Credit Union (Cherokee, IA)
North Star Community Credit Union is a state-chartered credit union in Cherokee, Iowa, with $149 million in assets and 12,200 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 9.83%, well above the 7% that NCUA's rules treat as well capitalized.
- Total assets
- $149 million
- -7.6% in a year
- Members
- 12,200
- -1.3% in a year
- Net worth ratio
- 9.83%
- Peer median 11.65%
- Loans 60+ days late
- 0.54%
- Peer median 0.70%
- Loans outstanding
- $113 million
- -3.1% in a year
- Shares and deposits
- $134 million
- -8.2% in a year
- Branches
- 3
- 33 employees
- Opened
- 1972
- Iowa charter
How North Star Community Credit Union compares
NCUA groups credit unions by size; North Star Community Credit Union is in the group with $100 million to $500 million (1,061 credit unions). Its net worth ratio of 9.83% is lower than that group's median of 11.65%, and its share of loans 60 or more days past due, 0.54%, is lower than the group median of 0.70%. Loans fell 3.1% over the year to Q2 2026, against a group median of 2.9% growth.
By assets it ranks 24 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 | $149 million | 12,200 | $113 million | 9.83% | 0.54% |
| Q1 2026 | $156 million | 12,254 | $113 million | 9.32% | 0.77% |
| Q4 2025 | $159 million | 12,287 | $114 million | 9.24% | 1.11% |
| Q3 2025 | $159 million | 12,298 | $116 million | 9.28% | 1.46% |
| Q2 2025 | $162 million | 12,364 | $116 million | 9.12% | 1.16% |
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 381,820 potential members.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 3 sites for North Star Community Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Cherokee Main Office (main office)
1207 North 2Nd Street, Cherokee, IA 51012 - Ida Grove Branch
216 Moorehead Ave, Ida Grove, IA 51445 - Sheldon Office
101 N Runger Ste C, Sheldon, IA 51201
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