Business Details
50+ Years
experience
Your Trusted Financial Partner in Humboldt, IA
Founded in 1956 by employees of Corn Belt Power Co-op Employees Credit Union Co-op Employees Credit Union Cooperative, Power Co-op Employees Credit Union Co-op Employees Credit Union has grown from 29 members to over 2,700 members with $73.7 million in assets. As a member-owned, not-for-profit financial institution, we prioritize our members' financial well-being through competitive rates, personalized services, and community-focused initiatives. Our unique structure allows us to offer lower interest rates on loans and higher returns on savings while maintaining federal insurance through the NCUA. We serve employees of Corn Belt Power Co-op Employees Credit Union Co-op Employees Credit Union, their families, and select employee groups in Humboldt, Iowa, providing tailored solutions for home loans, auto financing, education, and long-term savings.With 24/7 online banking, mobile apps, and in-person support, we combine modern convenience with the trust of a locally governed institution. Our commitment to financial education through programs like Kirby Kangaroo Club and CU Succeed empowers members of all ages to build stronger financial futures. By maintaining a $5 minimum balance requirement and no annual fees, we ensure accessible banking for every member. Our volunteer board of directors ensures accountability to the membership while upholding our mission to deliver exceptional value and service.
Services
Home Loans
Auto Loans
Business Loans
Savings Accounts
Student Loans
Details
- Year established: 1956
Highlights and features
- Member-owned structure prioritizes your financial success
- Competitive rates on home, auto, and business loans
- Community-focused financial education programs for all ages
- 24/7 online banking with mobile app access
- No annual membership fees or hidden charges
Associations and certifications
- National Credit Union Administration (NCUA)
Services
Home Loans
We offer competitive home loans for purchasing or refinancing primary residences. Our mortgage specialists provide personalized guidance through the application process with flexible terms and low down payment options. Members benefit from exclusive rate discounts and no hidden fees.
Auto Loans
Our auto loans cover new and used vehicle purchases with competitive APRs and no prepayment penalties. We offer financing for cars, trucks, motorcycles, and recreational vehicles with quick approval through our online application system.
Savings Accounts
We provide dividend-paying savings accounts with a $5 minimum balance requirement. Special programs include Christmas Club accounts with guaranteed returns and youth savings initiatives with educational resources for children and teens.
Online Banking
Our 24/7 online banking platform allows members to check balances, transfer funds, pay bills, and manage accounts securely from any device. The mobile app includes check deposit, transaction alerts, and card management features.
Student Loans
We offer student loan options with competitive rates for higher education expenses. Our programs include flexible repayment terms and financial counseling resources to help members manage education debt responsibly.
Questions
Who is eligible for membership?
Employees of Corn Belt Power Co-op Employees Credit Union Co-op Employees Credit Union Cooperative, their family members, and select employee groups in Humboldt, Iowa qualify for membership.
What loan types do you offer?
We provide home mortgages, auto loans, business financing, recreational vehicle loans, and student loans with competitive rates.
Are there fees for wire transfers?
Incoming domestic wires cost $15, outgoing domestic wires $30, and foreign wires $45. Contact us for complete transfer instructions.
What youth financial programs exist?
Our Kirby Kangaroo Club and CU Succeed programs offer children's savings accounts with educational materials and quarterly newsletters.
