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Linn Area Credit Union
AddedFeb 15, 2024
UpdatedJun 28, 2026
Linn Area Credit Union

Linn Area Credit Union

Operating

Linn Area Credit Union, established in 1935, offers low-rate loans, free checking, savings accounts, and 24/7 online banking services.

Location
Cedar Rapids, IA, US
Founded
1935
Firm
Compare
Portfolio
Employees
Website

Linn Area Credit Union, now rebranded as Corda Credit Union, primarily focuses on providing low-rate loans, free checking and savings accounts, and 24/7 online banking services. Established in 1935 by eleven Cedar Rapids teachers, the credit union has grown to offer a range of financial products and services designed to help members manage their money conveniently through mobile and online platforms.

Corda Credit Union's notable portfolio includes Pure IT Credit Union Services, which has raised $6.8 million in debt financing. The credit union prides itself on its member-centric approach, offering personalized financial assistance and a suite of digital tools to support financial goals. Key decision-makers and partners are dedicated to maintaining the institution's legacy of community-focused banking while leveraging modern technology to enhance member experience.

Linn Area Credit Union - Portfolio Snapshot

Portfolio activity breakdown across disclosed investments and stages

Total Investments1
Current Portfolio Count1
Total Portfolio Exits0

Top Investment Stages

Debt Financing1 (100.0%)

Stage Mix

Debt Financing 100%

Concentration shown as share of disclosed investments by stage.

Recent Investments

Pure IT Credit Union Services logo

Pure IT Credit Union Services

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Linn Area Credit Union - Classification

NAICS
  • 522130Credit Unions
  • 520000Finance and Insurance
  • 522000Credit Intermediation and Related Activities
  • 522100Depository Credit Intermediation
SIC
  • 6060Credit Unions
  • 6061Credit Unions, Federally Chartered
  • 6000Depository Institutions
ISIC
  • 6419Other monetary intermediation
Show 7 more industry codes
NAICS
  • 522200Nondepository Credit Intermediation
  • 522220Sales Financing
  • 522110Commercial Banking
SIC
  • 6100Nondepository Credit Institutions
  • 6140Personal Credit Institutions
  • 6141Personal Credit Institutions
  • 6020Commercial Banks