At a glance
From its website, read 3 Nov 2026Community 1st Credit Union is a credit union based in Ottumwa, Iowa. Its website describes farm loans, auto loans, home mortgages and 1 other loan type. You can start an application online.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Apply online | Page with the application link |
|---|---|
| Website | www.c1stcreditunion.com |
| Office (official list) | 235 Richmond Ave., Ottumwa, IA 52501 |
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Credit union |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 17 Nov 2016 |
| RSSD ID | 512875 |
| Address | 235 Richmond Ave., Ottumwa, IA 52501 Directions (Google Maps) |
| Website | www.c1stcreditunion.com |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 3 Nov 2026Read from 12 pages of the lender's website on 3 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: low. The fetched pages contain mainly page titles, so product details, loan amounts, eligibility and service area could not be confirmed. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Agriculture / farm loans | — | Agriculture Loan | Community 1st Credit Union | source |
| Auto / vehicle loans | — | 1st-Time Auto Buyers Program | Community 1st Credit Union | source |
| Home mortgages | — | Mortgage | Community 1st Credit Union | source |
| Small-business loans | — | Achieve Your Dream Business with Business Loans | source |
Loan sizes
No amounts stated on the pages we read.
Service area
Not stated on the pages we read.
Borrower focus
- Not stated on the pages we read.
Languages
- No non-English service found on the pages we read.
Online application
Yes — the site links to an application. Apply for a Loan - Community 1st Credit Union
source
Pages read (12)
- https://www.c1stcreditunion.com/
- https://www.c1stcreditunion.com/personal/loans/first-time-auto-buyers-program/
- https://www.c1stcreditunion.com/personal/loans/online-loan-applications/
- https://www.c1stcreditunion.com/business/agriculture-loans/youth-heifer-program/
- https://www.c1stcreditunion.com/personal/loans/first-time-auto-buyer-program-completion/
- https://www.c1stcreditunion.com/business/agriculture-loans/youth-heifer-program-application/
- https://www.c1stcreditunion.com/personal/loans/
- https://www.c1stcreditunion.com/personal/rates/
- https://www.c1stcreditunion.com/personal/loans/mortgage/
- https://www.c1stcreditunion.com/business/business-loans/
- https://www.c1stcreditunion.com/personal/loans/heloc-faqs/
- https://www.c1stcreditunion.com/business/agriculture-loans/
Questions to ask when you contact them
Based on what their website said when we read it on 3 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- Do you lend where I live, or where my business is?
Their website does not say which area they serve. - How do I become a member, and is there a fee or a minimum deposit?
Credit unions lend only to their members. - What are the smallest and the largest loans you make?
No loan amounts are stated on their website. - What is the APR, including fees, on your auto loans and home mortgages?
Their website does not state an APR. The APR includes fees, so it is the number to compare. - What interest rate and fees should I expect on your farm loans and small-business loans?
Their website does not state a rate for this. - Is there a minimum credit score, and do you consider borrowers with little or no credit history?
Their website does not say what credit history they accept. - What documents will you need from me, and how long does a decision usually take?
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$3.6 million in 4 awards from the U.S. Treasury's CDFI Fund, 2017–2024 (CDFI Program, Financial Assistance; CDFI Rapid Response Program).
| Round year | Program | Amount |
|---|---|---|
| 2024 | CDFI Program, Financial Assistance | $625,000 |
| 2021 | CDFI Rapid Response Program | $1,826,265 |
| 2019 | CDFI Program, Financial Assistance | $525,000 |
| 2017 | CDFI Program, Financial Assistance | $596,500 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Branches and size
NCUA, 30 Jun 2026On file with the NCUA as COMMUNITY 1ST (charter 68510). Source: NCUA 5300 Call Report quarterly data (public data) as of 30 Jun 2026, downloaded 3 Nov 2026: total assets, members and branch addresses.
| Total assets | $1.1 billion (as of 30 Jun 2026) |
|---|---|
| Members | 72,622 (as of 30 Jun 2026) |
| Offices | 24 (as of 30 Jun 2026) |
Offices by state and county (24)
Iowa (24 offices)
- Appanoose County (1): 999 N 18th St, Centerville 52544
- Cass County (1): 200 Maple St, Atlantic 50022
- Clarke County (1): 714 W Mclane St, Osceola 50213
- Davis County (1): 301 E Franklin St, Bloomfield 52537
- Henry County (1): 1800 E Washington St, Mount Pleasant 52641
- Jefferson County (1): 2501 W Burlington Ave, Fairfield 52556
- Linn County (1): 1030 Sierra Dr NE, Cedar Rapids 52402
- Lucas County (1): 1934 Court Ave, Chariton 50049
- Mahaska County (1): 1311 A Ave W, Oskaloosa 52577
- Marion County (2): 1008 W Bell Ave Ste 103, Knoxville 50138; 500 Main St, Pella 50219
- Monroe County (1): 1420 S Clinton St, Albia 52531
- Page County (1): 700 S Fremont St, Shenandoah 51601
- Pottawattamie County (1): 102 N Elm St, Avoca 51521
- Poweshiek County (1): 205 West St, Grinnell 50112
- Shelby County (1): 1414 Chatburn Ave, Harlan 51537
- Union County (1): 205 E Taylor St, Creston 50801
- Wapello County (5): 1100 Hutchinson Ave, Ottumwa 52501 (main office); 1940 Venture Dr, Ottumwa 52501; 235 Richmond Ave, Ottumwa 52501; 600 S Iowa Ave, Ottumwa 52501; 739 Pennsylvania Ave, Ottumwa 52501
- Warren County (1): 300 S Jefferson Way, Indianola 50125
- Washington County (1): 303 S 2nd Ave, Washington 52353
An office shows where the lender has a branch, not where it lends or whom it lends to. Credit unions serve members only; check who can join. For the ZIP-code search, credit-union offices are placed at the centre of their ZIP code (approximate).
What the regulator filing shows
NCUA 5300, 30 Jun 2026Figures from the 5300 Call Report filed by Community 1st Credit Union (NCUA charter 68510, filed as “COMMUNITY 1ST”). Source: NCUA 5300 Call Report quarterly data (public data), cycle 30 Jun 2026; year-earlier figures from the 30 Jun 2025 cycle; downloaded 3 Nov 2026.
| Total loans and leases | $916.8 million, 31,656 loans (as of 30 Jun 2026) |
|---|---|
| Change over the year | Up 1.5% from $903.6 million on 30 Jun 2025 |
| Members | 72,622 (as of 30 Jun 2026); 72,329 (as of 30 Jun 2025) |
| Loans per member | $12,624 (total loans divided by members, 30 Jun 2026) |
| Total assets | $1.10 billion (as of 30 Jun 2026) |
Loan mix (balances on 30 Jun 2026)
| Loan category | Balance | Share |
|---|---|---|
| New vehicle loans | $27.9 million | 3.0% |
| Used vehicle loans | $141.2 million | 15.4% |
| First-lien home mortgages (1-4 family) | $363 million | 39.6% |
| Other real estate loans (junior liens, other) | $57.8 million | 6.3% |
| Commercial (business) loans | $267.3 million | 29.2% |
| Credit cards | $3.7 million | 0.4% |
| Other unsecured loans | $26.1 million | 2.9% |
| Leases and other secured loans | $29.7 million | 3.2% |
Balances are loans outstanding on the report date, not loans made during the year. A category with no balance does not mean the credit union never makes that kind of loan. Credit unions lend to members only; check who can join.
Home loans reported under HMDA (2025)
FFIEC HMDA data, 2025Community 1st Credit Union reported 950 originated home loans for 2025 under the Home Mortgage Disclosure Act, totaling about $83.4M (median loan about $65,000). 265 were home-purchase loans.
By loan purpose
| Purpose | Loans | Share |
|---|---|---|
| Home purchase | 265 | 28% |
| Refinance (incl. cash-out) | 682 | 72% |
| Home improvement | 3 | 0.3% |
By loan type
| Loan type | Loans | Share |
|---|---|---|
| Conventional | 950 | 100% |
Included above: 242 home-equity or other open-end lines of credit; 22 loans on manufactured homes; 5 loans on multifamily (5+ unit) properties.
Where the loans were made
Counties with the most 2025 originations, out of 55 counties with at least one; 100% of its 2025 loans were for properties in Iowa:
- Wapello County, IA (191)
- Mahaska County, IA (74)
- Marion County, IA (64)
- Appanoose County, IA (54)
- Lucas County, IA (51)
- Jefferson County, IA (49)
- Monroe County, IA (46)
- Warren County, IA (40)
Filed under LEI 549300WOW2HLRVN4O324 as “Community 1st Credit Union”; matched by its RSSD ID on the CDFI Fund list, which the HMDA reporter panel links to this LEI.
Source: FFIEC Home Mortgage Disclosure Act (HMDA) data for 2025, snapshot frozen 2 Jun 2026, loan-level records read through the CFPB HMDA Data Browser API on 3 Nov 2026. Originated loans only; applications that were denied, withdrawn or not accepted are not counted. HMDA publishes each loan amount as the middle of a $10,000 band, so totals and medians are approximate. Counts under 3 are not shown. How we match lenders.
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Median SBA 7(a) loan it approved, FY2020–FY2026 | $64,000 (83 loans) | All 7(a) lenders in Iowa: $171,500. Larger than the median loan of 5% of the 97 other certified CDFIs with 10 or more 7(a) loans. |
| Total assets (Call Report, 30 Jun 2026) | $1.10 billion | Larger than 85% of the 284 other certified credit unions nationwide (median $181.2 million). |
| Loans as a share of assets | 83% | Median of the same 284 credit unions: 69%. A higher share means more of its balance sheet is lent out. |
| Loans held, 30 Jun 2025 → 30 Jun 2026 | $903.6 million → $916.8 million (+1%) | Median change of 282 other certified credit unions nationwide: +3%. Rank by loans held among these 283: 37 → 39. |
| Home loans originated in 2025 (HMDA) | 950 | More than 92% of the 263 other certified CDFIs that reported 3 or more (119 at the median). Volume only; nothing here is an approval rate. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Median SBA 7(a) loan | certified CDFIs with 10+ 7(a) loans, nationwide | 97 | larger than 5% |
| Call Report total assets | other certified credit unions nationwide | 284 | larger than 85% |
| Loans held then vs now | certified credit unions nationwide reporting both dates | 282 | rank 37 → 39 of 283 |
| HMDA home loans | certified CDFIs with 3+ originations in 2025, nationwide | 263 | more than 92% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. SBA 7(a) & 504 FOIA data as of 30 Sep 2026. Assets and loans: FFIEC and NCUA Call Reports (see the loan-mix section). Home loans: FFIEC/CFPB HMDA data.
SBA loans approved
SBA data as of 30 Sep 2026The SBA's public loan data lists 84 SBA-backed approvals for Community 1st Credit Union in fiscal years 2020–2026 (October 2019 to September 2026):
- 83 7(a) loans as the lender: $11M in total (gross amount approved), median $64,000
- 1 504 projects as the third-party (first-lien) lender
By fiscal year: FY2020 18 · FY2021 11 · FY2022 24 · FY2023 19 · FY2024 5 · FY2025 6 · FY2026 1.
What actually happened
- Size of its 7(a) loans: half were between $37,350 and $177,500, median $64,000 (83 loans)
- Term of its 7(a) loans: median 84 months (7 years) (83 loans)
- Fixed or variable: 37% of its 7(a) loans had a fixed rate (83 loans)
- Young businesses: 56% of its 7(a) loans went to a startup or a business two years old or less (81 loans with an answer)
Descriptive only: what the SBA file records for loans this lender approved in fiscal years 2020–2026. Each figure covers at least 10 loans; with fewer we show nothing. It is not an offer, not the rate or term you would get, and says nothing about your chance of approval.
By program
- 7(a) SBA Express (83, 99%)
- 504 projects (as the third-party lender) (1, 1%)
Borrower industries
NAICS sector, 3 or more loans.
- Retail trade (18)
- Manufacturing (11)
- Construction (8)
- Accommodation and food services (7)
- Health care and social assistance (7)
Where borrowers are
County of the borrower's ZIP code, 3 or more loans.
- Appanoose County, IA (19)
- Wapello County, IA (11)
- Monroe County, IA (7)
- Poweshiek County, IA (7)
- Keokuk County, IA (5)
- Jasper County, IA (5)
- Mahaska County, IA (5)
- Davis County, IA (4)
- Henry County, IA (4)
- Iowa County, IA (3)
How this lender was matched in the SBA files: 504 third-party lender name: same name, state and city (SBA lists “Community 1st CU”); NCUA charter 68510, found through the RSSD ID in NCUA records (SBA lists “Community 1st CU”).
Approved is not the same as paid out: an approved loan can be reduced or never drawn. SBA lists the lender each loan is currently assigned to, which can differ after a merger or loan sale. Community 1st Credit Union may also make loans outside SBA programs, which are not counted here, and SBA Microloans are not in these files. For 504 projects, the CDC amount is the SBA-backed portion and the third-party lender amount is that lender's own first-lien loan.
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.
Other certified CDFIs in Ottumwa and Iowa
- Affinity Credit UnionCredit union · Des Moines, IAAuto / vehicle loans, Credit-builder loans, Home repair / improvement loans, Home mortgages…Verified
- Casebine Community Credit UnionCredit union · Burlington, IAAuto / vehicle loans, Small-dollar / emergency loans, Home mortgages, Personal / consumer loansVerified
- Iowa Community CapitalLoan fund · Boone, IAEquity / venture investment, Microloans, Small-business loansVerified
- Neighborhood Finance CorporationLoan fund · Des Moines, IAHome repair / improvement loans, Affordable housing development loans, Home mortgagesVerified
- Habitat for Humanity of Iowa, Inc.Loan fund · Altoona, IAOfficial list only
- Iowa Center Loan FundLoan fund · Des Moines, IAOfficial list only
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