Premier Credit Union
Des Moines, IA·Charter 64271·cu:64271·Credit union RBC / net worth
Performance over time
7 available quarters · Gaps indicate missing data · Reported period-end total assets; consolidated for FFIEC 031.
Inside the balance sheet
Credit union · Shares of reported gross loans. Missing components are not treated as zero.
What stands out at Premier Credit Union
6 of 23 FORFI signals stand out against 569 similar credit unions, based on NCUA data for the quarter.
Balances growing as membership shrinksWorth a look: Membership FORFI signal 2nd quarter-6.5%peers +0.5%-7.0 pp
Premier Credit Union lost members faster than similar credit unions, while shares and deposits grew faster than peers.
| This institution | Peer median | Difference |
|---|---|---|
| Membership, 12-month growth | ||
| -6.5% | +0.5% | -7.0 pp |
| Shares and deposits, 12-month growth | ||
| +14.5% | +4.0% | +10.5 pp |
With internal data, FORFI would look at: Which member segments are going inactive, and how many products each active member holds.
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Premier Credit Union itself is left out of every peer median and percentile. How signals work
Share and deposit costs among the highest of similar credit unionsWorth a look: Funding 2nd quarter2.43%peers 1.45%+99 bps
Premier Credit Union's cost of all shares and deposits was 2.43%, compared with a median of 1.45% among 566 similar credit unions: higher than 97% of them.
| This institution | Peer median | Difference |
|---|---|---|
| Cost of all shares and deposits | ||
| 2.43% | 1.45% | +99 bps |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Premier Credit Union itself is left out of every peer median and percentile. How signals work
Auto lending growing while the peer median shrinksStrength: Lending 2nd quarter+19.3%peers -1.2%+20.5 pp
Premier Credit Union's auto loans grew 19.3% over the past year to $75.5 million. The median among 563 similar credit unions was -1.2%.
| This institution | Peer median | Difference |
|---|---|---|
| Auto loans, 12-month growth | ||
| +19.3% | -1.2% | +20.5 pp |
| Auto loans | ||
| $75.5 million | ||
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Premier Credit Union itself is left out of every peer median and percentile. How signals work
Delinquent loans falling while the peer median risesStrength: Asset quality 2nd quarter1.09%peers 0.65%+43 bps
Premier Credit Union's loans 60+ days delinquent as a share of loans fell 49 bps over the past year to 1.09%. Among 563 similar credit unions, the median rose 1 bps.
| This institution | Peer median | Difference |
|---|---|---|
| Loans 60+ days delinquent as a share of loans | ||
| 1.09% | 0.65% | +43 bps |
| 12-month change | ||
| -49 bps | +1 bps | -50 bps |
FORFI flags a change when an institution sits in the outer tail of similar institutions and the gap is large enough to matter. Peers: 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Premier Credit Union itself is left out of every peer median and percentile. How signals work
2 more observations
- Shares and deposits growing faster than peersFunding
- Membership shrinking while the peer median growsMembership
Key facts
- Premier Credit Union is a state-chartered credit union headquartered in Des Moines, Iowa. It reported $383 million in total assets for the quarter ended June 30, 2026.
- Shares and deposits totaled $346 million, up 14.5% from a year earlier, and loans totaled $337 million, up 10.8%.
- Its net interest margin on average assets was 3.17% and its annualized return on assets was 0.54% for the quarter.
- Its cost of all shares and deposits was 2.43%, compared with a median of 1.45% among 566 similar credit unions with $300 million to $1 billion in assets.
- It served 16,665 members, down 6.5% from a year earlier.
Scorecard against peers
Capitalization
Liquidity & funding
Margin & yield
Income & expense
Asset quality
Charge-offs & allowance
Arrows show whether the value sits above or below the peer median. Colour shows whether that side is favourable for the measure: green favourable, red unfavourable, grey where neither side is (for example, a lower loan-to-core-deposit ratio is favourable, so a negative gap is green). Peer medians cover the same source, form, period, institution type and asset band, and count this institution in its own cohort. The peer line on every chart reads the same cohort. Regulatory definitions differ from FORFI quarterly estimates.
Watch items
Screening prompts computed from this filing only. Thresholds follow common review conventions and interagency concentration references; they are not supervisory ratings or predictions.
Public filings show what changed. Internal data shows why.
With Premier Credit Union's own data, FORFI would look at: Which member segments are going inactive, and how many products each active member holds.
Analysis workspaces
Sources and identifiers
- Institution
- Premier Credit Union · Credit union
- NCUA charter
- 64271
- Reporting period
- Peer group
- 569 credit unions with $300 million to $1 billion in assets that filed NCUA data for the same quarter. Premier Credit Union itself is left out of every peer median and percentile.
Figures are FORFI calculations from public regulatory filings, shown as reported. Signals are descriptive screening rules, not supervisory ratings, credit opinions or forecasts. Methodology
Income & calculation basis
NCUA · 2026-04-01 through 2026-06-30 · Annualization factor 4.010989 applies to ROA and margin only.
| Measure | FORFI calculation |
|---|---|
| $525.43K | |
| $5.21M | |
| $2.15M | |
| $3.07M | |
| $1.08M | |
| $3.45M | |
| $170.43K | |
| $170.43K | |
| 0.54% | |
| 3.17% | |
| 83.23% |
How to interpret differences
Flows cover the selected income window. Balance-sheet amounts, members and staffing are as of the filing date.
Published FDIC references use the regulator's own averaging, annualization and adjustments; the convention selector changes FORFI calculations only. Source-provided averages are used when available; endpoint fallbacks are labeled estimates.
Missing inputs remain unavailable. Credit-union margins use average assets and are not comparable with bank margins over earning assets.
AFS + HTM securities exclude deposits at other institutions. Broader investment totals may overlap cash; do not add them to cash without reconciling components.
Regulatory source definitionsFiling imported 2026-09-16T13:43:41.229347+00:00. Separate reference provenance is included in the export.