Teamsters Local #238
Teamsters Local #238 is a credit union based in Cedar Rapids, Iowa, established in 1955, with $8 million in total assets serving 1,721 members. By Trust Grade it ranks 66th of 66 credit unions we track in Iowa. Its net worth ratio of 6.0% trails most similarly sized credit unions (1th percentile), versus a Iowa median of 12.9%. It posted a loss over the most recent period (-0.40% return on assets), a point to watch. No consumer complaints against Teamsters Local #238 appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Teamsters Local #238 compares to Iowa peers
How we graded Teamsters Local #238
The Trust Grade blends financial strength with complaint history. Full methodology →
- Below the well-capitalized threshold (6.0%)
- Unprofitable over the period (ROA -0.40%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Teamsters Local #238 over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Teamsters Local #238 insured?
Yes. Teamsters Local #238 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.
Teamsters Local #238: frequently asked questions
Is Teamsters Local #238 a good credit union?
Teamsters Local #238 earns a Bankzia Trust Grade of F (57/100, "Weak"), based on a financial-strength score of 57/100 (it has no CFPB complaints on record). Below the well-capitalized threshold (6.0%); Unprofitable over the period (ROA -0.40%).
Is Teamsters Local #238 NCUA-insured?
Yes. Teamsters Local #238 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 Teamsters Local #238?
Teamsters Local #238 holds $8 million in total assets, ranking 66th of 66 credit unions we track in Iowa. It serves 1,721 members.
Does Teamsters Local #238 have CFPB complaints?
No CFPB complaints against Teamsters Local #238 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.
