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The Lender Report built this page from public records. Community 1st Credit Union has not reviewed it. Every lender's page starts this way, and it says nothing about Community 1st Credit Union itself. Each figure shows its source and date. Work at Community 1st Credit Union? You can claim this page for free.
Credit union, Ottumwa, IA
Community 1st Credit Union, Ottumwa, IA
A credit union based in Ottumwa, IA. Its commercial book is led by owner-occupied CRE and farmland. Public files show recent multifamily, 1-4 unit investor, SBA 7(a) and real-estate-secured commercial loans it made.
- Kind
- Credit union
- Data as of
- June 30, 2026
- Page last changed
- November 12, 2026
- Commercial book
- $243M
- NCUA 5300,
- Holds, not loans made
- Commercial loans made, H1 2026
- 104
- NCUA 5300,
- Real-estate-secured
- SBA loans, 36 months
- 12
- SBA FOIA,
- 7(a) and 504, net of cancelled
- Total assets
- $1.10B
- NCUA 5300,
Does it fit my deal?
The deal is read here and kept nowhere. Leave out names, income and credit scores.
How to reach them
Each line shows where it came from
- Phone
- 866-360-5370 From the NCUA record, June 30, 2026.
- Website
- www.c1stcu.comFrom the NCUA record, November 9, 2026.
- Names it files under
- COMMUNITY 1ST; Community 1st CUNCUA 5300,
- Address
- 1100 Hutchinson Ave, Ottumwa, IA 52501NCUA 5300,
- Regulator record
- NCUA profile
You generally must be a member of a credit union to borrow from it. Field of membership: Non-Federal Credit Union. Designated low-income by NCUA.
Recently done
Recorded lending
Recorded lending. Two or more public files show loans this lender made.
| When | What the record shows | Source |
|---|---|---|
| October 21, 2026 | Certified by the CDFI Fund as a Community Development Financial Institution.Membership in a public list, not lending volume. | CDFI Fund certified list, |
| Oct 2023 to Sep 2026 | SBA 7(a) approvals by processing method: 12 SBA Express.SBA ProcessingMethod field, net of cancellations. | SBA FOIA, |
| Jun 2025 to Jun 2026 | Owner-occupied CRE balance rose 2.4% to $73.7M in the year to June 30, 2026.Balances, not originations. Year over year from call reports. | NCUA 5300 |
| Jun 2025 to Jun 2026 | Farmland balance rose 10.1% to $68.8M in the year to June 30, 2026.Balances, not originations. Year over year from call reports. | NCUA 5300 |
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| Jun 2026 | Iowa | SBA 7(a), Gift, Novelty, and Souvenir Retailers | $240K | 6.75% | 7 yr | SBA FOIA | |
| 2025 | Polk County, IA | Purchase, 25 to 49 units | $1.6M | 6.25% | 25 yr | 80% | HMDA 2025 |
| 2025 | Polk County, IA | Purchase, 5 to 24 units | $340K | 7.25% | 20 yr | 80% | HMDA 2025 |
| 2025 | Boone County, IA | Purchase, 5 to 24 units | $200K | 7.5% | 20 yr | 80% | HMDA 2025 |
| 2025 | Mills County, IA | Purchase, 5 to 24 units | $160K | 7.25% | 20 yr | 80% | HMDA 2025 |
| 2025 | Wapello County, IA | Purchase, 5 to 24 units | $140K | 7.25% | 1 yr | 65% | HMDA 2025 |
| Apr 2025 | Iowa | SBA 7(a), Gift, Novelty, and Souvenir Retailers | $76K | 9.5% | 7 yr | SBA FOIA | |
| Apr 2025 | Iowa | SBA 7(a), Gift, Novelty, and Souvenir Retailers | $34K | 6.75% | 5 yr | SBA FOIA | |
| Jan 2025 | Iowa | SBA 7(a), Real Estate and Rental and Leasing | $91K | 7.25% | 10 yr | SBA FOIA | |
| 2024 | Iowa | Purchase, 5 to 24 units | $140K | 7% | 20 yr | 68% | HMDA 2024 |
| 2024 | Polk County, IA | Purchase, 25 to 49 units | $15K | 7% | 25 yr | 80% | HMDA 2024 |
| Oct 2024 | Iowa | SBA 7(a), Tile and Terrazzo Contractors | $360K | 7.75% | 10 yr | SBA FOIA | |
| Oct 2024 | Iowa | SBA 7(a), Sporting Goods Retailers | $140K | 7.75% | 20 yr | SBA FOIA | |
| Oct 2024 | Iowa | SBA 7(a), Tile and Terrazzo Contractors | $50K | 8% | 5 yr | SBA FOIA | |
| Jul 2024 | Iowa | SBA 7(a), Landscaping Services | $50K | 7.25% | 7 yr | SBA FOIA | |
| Jul 2024 | Iowa | SBA 7(a), Supermarkets and Other Grocery Retailers (except Convenience Retailers) | $32K | 6.75% | 20 yr | SBA FOIA | |
| Jun 2024 | Iowa | SBA 7(a), Offices of Chiropractors | $62K | 7% | 5 yr | SBA FOIA | |
| May 2024 | Iowa | SBA 7(a), Fitness and Recreational Sports Centers | $58K | 7.25% | 7 yr | SBA FOIA | |
| Apr 2024 | Iowa | SBA 7(a), Mobile Food Services | $33K | 6.75% | 5 yr | SBA FOIA | |
| 12 SBA 7(a) loans since October 2023, net of cancelled | $1.22M | SBA FOIA | |||||
A blank means the source did not report it.
What it holds
NCUA 5300, June 30, 2026
| Book | Holds | Of its loans | Year over year | Loans | Average |
|---|---|---|---|---|---|
| Multifamily | $30.0M | 3.3% | +14.1% | 228 | $131K |
| Construction and land development | $78.7K | 0.0% | Not reported | 1 | $78.7K |
| Owner-occupied CRE | $73.7M | 8.0% | +2.4% | 188 | $392K |
| Non-owner-occupied CRE | $15.9M | 1.7% | -20.1% | 57 | $278K |
| Farmland | $68.8M | 7.5% | +10.1% | 264 | $260K |
| Commercial and industrial | $55.2M | 6.0% | -9.9% | 309 | $179K |
| Other real-estate-secured commercial | $0 | 0.0% | Not reported | Not reported | Not reported |
| Commercial total | $243M |
Table
| Quarter | Commercial book |
|---|---|
| Q3 2023 | $186M |
| Q4 2023 | $191M |
| Q1 2024 | $196M |
| Q2 2024 | $210M |
| Q3 2024 | $232M |
| Q4 2024 | $239M |
| Q1 2025 | $242M |
| Q2 2025 | $242M |
| Q3 2025 | $244M |
| Q4 2025 | $259M |
| Q1 2026 | $256M |
| Q2 2026 | $243M |
| Kind of loan | Period | Loans made | Dollars | Typical size | Largest | Source |
|---|---|---|---|---|---|---|
| Multifamily, 5 or more units | 2025 | 5 | $2.42M | $205K | $1.6M | HMDA, |
| Multifamily, 5 or more units | 2024 | 2 | $160K | $80.0K | HMDA, | |
| 1-4 unit investor or business purpose | 2025 | 36 | $3.47M | $75.0K | HMDA, | |
| SBA 7(a), net of cancelled | 36 months to Sep 2026 | 12 | $1.22M | $59.6K | $360K | SBA FOIA, |
| SBA 7(a), net of cancelled | 12 months to Sep 2026 | 1 | $240K | SBA FOIA, | ||
| Real-estate-secured commercial | First half of 2026 | 104 | $27.8M | NCUA 5300, | ||
| Multifamily | First half of 2026 | 47 | $9.49M | NCUA 5300, | ||
| Owner-occupied CRE | First half of 2026 | 22 | $8.73M | NCUA 5300, | ||
| Non-owner-occupied CRE | First half of 2026 | 4 | $290K | NCUA 5300, | ||
| C&I | First half of 2026 | 88 | $20.0M | NCUA 5300, |
How these public files were tied to this lender. HMDA: its legal entity identifier (LEI). SBA 7(a) loans: its NCUA charter number.
| Book | Average loan |
|---|---|
| Construction and land development | $78.7K |
| Multifamily | $131K |
| Owner-occupied CRE | $392K |
| Non-owner-occupied CRE | $278K |
| Farmland | $260K |
| Commercial and industrial | $179K |
Programs on record: Federal Home Loan Bank member, Des Moines district (FHFA).
Program lists that name this lender
Membership, not lending volume
- Listed by CDFI Fund: List of Certified CDFIs as: Certified CDFI (October 21, 2026). Certified by the CDFI Fund as a Community Development Financial Institution. Kind of institution: Credit Union. Certification: Certified by the CDFI Fund since 2016-11-17.
Being on a list says the lender is a member of that program on the date shown. It does not say how much it lends.
Where it lends
Offices beside loans on record
| State | Offices | Multifamily 2025 | 1-4 investor 2025 | SBA 7(a) 36 mo. | SBA 504 36 mo. |
|---|---|---|---|---|---|
| Iowa HQ | 24 | 5 | 36 | 12 | 0 |
Capacity. Not a rating
Our calculation from public filings, as of June 30, 2026. Not a rating, and not a statement about safety or deposits.
| Measure | This lender | Its peers | How it is worked out | Source |
|---|---|---|---|---|
| Business loan cap | $135M | $73.0M to $187M across 8 peers | Estimate: the lesser of 1.75 times net worth or 12.25% of assets. Low-income designated credit unions and some others are exempt. Not a statement from the credit union. | NCUA 5300, 12 CFR 723.8, Jun 30, 2026 |
| Business loans outstanding | $302M | $23.6M to $388M across 8 peers | Net member business loans, as reported on Form 5300. | NCUA 5300, |
| Cap used | 223.4% | 24.8% to 279.4% across 8 peers | Business loans outstanding over the estimated cap. This credit union is designated low-income by NCUA and is exempt from the cap. | NCUA 5300, |
| Largest single borrower | $17.4M | $9.08M to $24.0M across 8 peers | Estimate: the greater of 15% of net worth or $100,000. Not a limit the credit union has stated. | NCUA 5300, 12 CFR 723.4, Jun 30, 2026 |
| CRE to net worth | 39.6% | 25.9% to 196.7% across 8 peers | (Construction + multifamily + non-owner-occupied CRE loans) divided by net worth. Our own ratio, not a regulatory test or limit. | NCUA 5300, |
| Loans to assets | 83.0% | 68.9% to 86.8% across 8 peers | Total loans divided by total assets. | NCUA 5300, |
Estimates use the formulas in 12 CFR 723. Low-income designated credit unions and some others are exempt from the cap.
Loan channel and SBA processing
Public record only
- SBA Express
- 12 loans
- Approval to first disbursement
- 1 days, median of 12
SBA FOIA, SBA 7(a) loans, 36 months. Counted from SBA approval, not application. Lines of credit disburse fast.
Peers
Same kind of lender, similar size and book
| Lender | State | Total assets | Commercial book |
|---|---|---|---|
| Dutrac Community Credit Union | IA | $1.26B | $158M |
| Collins Community Credit Union | IA | $1.53B | $350M |
| Greater Iowa Credit Union | IA | $715M | $60.7M |
| Ascentra Credit Union | IA | $596M | $53.1M |
| Corda Credit Union | IA | $776M | $40.2M |
| Westby Co-Op Credit Union | WI | $1.02B | $339M |
| Community Choice Credit Union | IA | $923M | $125M |
| Multipli Credit Union | MO | $1.47B | $104M |
What we don't know
- Whether it is taking new loans today, or on what terms.
- Who can join. A credit union lends only to its members, and field of membership decides who qualifies.
- Whether it takes brokers. No figure here means no evidence, not a refusal.
- Credit union concentration ratios here are our own calculation against net worth. They are not a regulatory test or limit. Originations are Jan-Jun 2026 year to date.
Check this page
Against the regulator's own record
- Name and charter. Community 1st Credit Union, NCUA charter 68510. Compare it with the regulator's record. [NCUA profile]
- Balances. $1.10B in total assets and $243M in commercial loans held, from the NCUA 5300 for June 30, 2026. [Source]
- Loans made. 104 real-estate-secured commercial loans made in the first half of 2026, from your NCUA Form 5300, and 55 loans in HMDA and SBA files, through September 30, 2026: 5 HMDA multifamily 2025, 2 HMDA multifamily 2024, 36 HMDA 1-4 unit investor 2025, 12 SBA 7(a) in 36 months. [How each file was tied to Community 1st Credit Union]
- Phone and website. Phone 866-360-5370, from the NCUA record. Website c1stcu.com, from the NCUA record. [How to reach them]
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For the record
Data as of June 30, 2026. Page last changed November 12, 2026.
- Regulator
- NCUA and state regulator
- NCUA charter
- 68510
- RSSD
- 512875
- LEI
- 549300WOW2HLRVN4O324
- The Lender Report ID
- lr_001419
- Main office county
- Wapello
- Members
- 72,826
- NCUA region
- 3 - Western
NCUA credit union details,
- Reported $1.1B in total assets as of June 30, 2026 (NCUA 5300).
- Held $243.5M of commercial and commercial real estate loans as of June 30, 2026 (NCUA 5300).
- Held $73.7M of owner-occupied commercial real estate loans as of June 30, 2026, up 2.4% from a year earlier (NCUA 5300).
- Held $68.8M of farmland loans as of June 30, 2026, up 10.1% from a year earlier (NCUA 5300).
- Held $55.2M of commercial and industrial loans as of June 30, 2026 (NCUA 5300).
- Originated 5 multifamily loans totaling $2.4M in 2025 (HMDA).
7 more sentences
- Originated 2 multifamily loans totaling $160K in 2024 (HMDA).
- Originated 36 1-4 unit investor or business-purpose loans totaling $3.5M in 2025 (HMDA).
- Recorded 12 SBA 7(a) approvals totaling $1.2M from October 1, 2023 to September 30, 2026 (SBA).
- Originated 104 real-estate-secured commercial loans totaling $27.8M in the first half of 2026 (NCUA 5300).
- Held $6.7M of nonmember commercial loans and participations as of June 30, 2026 (NCUA 5300).
- Listed 24 offices in 1 state (NCUA).
- Certified by the CDFI Fund as a Community Development Financial Institution. (CDFI Fund list, as of October 21, 2026).
Cite this
Source: The Lender Report, Community 1st Credit Union, https://lender.report/lender/community-1st-credit-union-ia/, data as of June 30, 2026.
Sources
- NCUA 5300, June 30, 2026
- NCUA 5300, June 30, 2025
- HMDA, 2025
- SBA FOIA, September 30, 2026
- NCUA 5300, June 30, 2026
- CDFI Fund certified list, October 21, 2026
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.
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Work at Community 1st Credit Union? Claim this page, free.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem