About Premier

Our Mission:

Make Life Better

Premier Credit Union is your community credit union located in Des Moines, Iowa with branch locations in West Des Moines, Urbandale, Ames and Sioux City. We’re proud to support our members with the financial resources, lending opportunities and digital banking solutions they need.

Find a branch location near you


Premier’s History

Premier Credit Union began as Bankers Life Employees Credit Union on September 11, 1933. The purpose of the credit union was to promote savings and offer affordable loans to its members. Only employees and retirees of Bankers Life Company and their families were eligible to join the credit union.

In 1986, when Bankers Life Company changed its name to Principal Financial Group, the credit union subsequently changed its name to Principal Financial Group Employees Credit Union. The credit union's name changed again in 2001 to its current name, Premier Credit Union.

On April 4, 2004, the credit union moved its office to our current main office location in downtown Des Moines, Iowa. The location was chosen because of its proximity to the corporate offices of Principal Financial Group where a large number of members still work and its convenient downtown presence for our downtown Employer Partners such as The Des Moines Register, KCCI-Channel 8 and Voya.

Why did we change our name?

Principal Employees Credit Union no longer represented our full membership base. Since our policy is "Once a member, always a member", a large part of our membership over 70+ years were no longer employed at Principal Financial Group. In addition, we had a growing base of family members that never worked at Principal Financial Group. The new name, Premier Credit Union, reinforces our core mission, which is Building Relationships – One Member at a Time.


Why Premier Credit Union?


A history of security

Premier has been safe, secure and insured since 1933 and continues to provide superior products and services to members everyday. Today we have branch locations in central Iowa and serve members across the globe.


Members that matter

We stand firm in our commitment to the motto "once a member, always a member." Once you become a member of Premier Credit Union, you're a member for life – even if you change jobs, retire, or move to another city.


Committed to Iowa communities

Premier Credit Union operates under a community charter that allows more people to enjoy the benefits of a Premier Credit Union membership. We’re proud to serve members in 31 counties in Iowa!