- Payday loans in Ankeny follow Iowa law (Iowa delayed deposit services law (Iowa Code ch. 533D)).
- Borrowing $300 at the state maximum costs $35 on a $300 check.
- The nearest larger city is Des Moines, about 11 miles away.
Ankeny at a glance
| Ankeny | |
|---|---|
| Population (2024 Census estimate) | 76,727 |
| Change since 2020 | +11.9% (growing fast) |
| County | Polk County |
| Size rank among 609 Iowa places we cover | 5th |
| Share of Iowa’s population | 2.4% |
| Nearest larger city | Des Moines (about 11 miles) |
| Credit unions headquartered in town (NCUA) | None |
| Credit unions headquartered in Polk County | 12 |
| Other towns within 25 miles | 42 (about 621,662 residents) |
| Typical payday APR statewide (CRL 2023) | 247% |
There is no separate Ankeny payday law: Iowa rules apply here, and any lender serving Ankeny residents, online or in person, needs a license from the Iowa Division of Banking.
Credit unions near Ankeny
No credit union has its main office in Ankeny, but these are based elsewhere in Polk County (NCUA, June 2026):
- Midland Credit Union in Urbandale (state charter)
- Affinity Credit Union in Des Moines (state charter)
- Capitol View Credit Union in Des Moines (state charter)
- Financial Plus Credit Union in West Des Moines (state charter)
- First Class Community Credit Union in West Des Moines (state charter)
Only federal credit unions can offer payday alternative loans (PALs), capped at 28% APR; state-chartered credit unions often have their own small-loan products. Membership rules apply, and only main offices are listed here; find branches near you with the NCUA Credit Union Locator. See how PALs work.
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Payday loan rules that apply in Ankeny
In short, Iowa rules that cover Ankeny include: maximum: checks totaling $500 or less, including fees; maximum fee: $15 on the first $100, $10 on each additional $100; loan term: up to 31 days. See the full Iowa payday loan rules.
What a $300 loan costs in Ankeny
At Iowa’s maximum fee, borrowing $300 costs $35 on a $300 check. Statewide, the typical APR on a $400 payday loan was 247% (Center for Responsible Lending, June 2023). Check any offer with our payday loan calculator.
Other help in Polk County before you borrow
Before a payday loan, Ankeny residents can usually find something cheaper:
- Local assistance through 211 covering Polk County.
- A credit union payday alternative loan (max 28% APR). See PALs explained.
- Your bank’s small-dollar loan, if offered (compare banks).
- A cash advance app for $20–$500 (apps compared).
Towns near Ankeny
The nearest larger city is Des Moines, about 11 miles away. See all 609 Iowa cities.
Need cash before payday?Send one free request to our lender network. We are not a lender; offers and rates come from lenders.
Request a loanFrequently asked questions
Are payday loans legal in Ankeny?
Yes. Payday loans are legal in Ankeny under Iowa state law, and lenders must be licensed by the Iowa Division of Banking.
How much does a payday loan cost in Ankeny?
At Iowa’s maximum fee, borrowing $300 costs $35 on a $300 check. The typical statewide APR was 247% in 2023.
Where is the nearest credit union to Ankeny?
No credit union is headquartered in Ankeny, but Midland Credit Union is based in Urbandale, also in Polk County.
Sources
- U.S. Census Bureau — City and town population totals, Vintage 2024
- U.S. Census Bureau — 2024 Gazetteer files (place locations)
- NCUA — Credit union call report data, June 2026 (FOICU)
- Iowa Division of Banking — Delayed deposit services history
- Iowa Administrative Code ch. 17 — Delayed deposit services
- Center for Responsible Lending — Red Alert Rates: APRs on $400 single-payment payday loans (June 2023)
- CDFI Fund — NCUA payday alternative loans summary