Corda
Corda is a credit union based in Cedar Rapids, Iowa, established in 1935, with $749 million in total assets serving 27,148 members. By Trust Grade it ranks 52nd of 66 credit unions we track in Iowa. Its net worth ratio of 9.7% trails most similarly sized credit unions (26th percentile), versus a Iowa median of 12.9%. It was profitable over the most recent period, with a 0.55% return on assets. No consumer complaints against Corda appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Corda compares to Iowa peers
How we graded Corda
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (9.7% capital ratio)
- Profitable (ROA 0.55%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Corda over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Corda insured?
Yes. Corda is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Corda: frequently asked questions
Is Corda a good credit union?
Corda earns a Bankzia Trust Grade of B (86/100, "Strong"), based on a financial-strength score of 86/100 (it has no CFPB complaints on record). Well-capitalized (9.7% capital ratio); Profitable (ROA 0.55%).
Is Corda NCUA-insured?
Yes. Corda is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Corda?
Corda holds $749 million in total assets, ranking 52nd of 66 credit unions we track in Iowa. It serves 27,148 members.
Does Corda have CFPB complaints?
No CFPB complaints against Corda appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
