Author Archive: Sean Wells, CEO

Sean has been the Chief Executive Officer at the IAA Credit Union since June of 2005. He is a graduate of Illinois State University where he received a Bachelor of Science Degree in Agribusiness with a minor in Economics. Sean and his family live in Eureka, Illinois.

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Eyes Wide Open to Credit Unions

[ 2 ] July 26, 2019 |
Eyes Wide Open to Credit Unions

CU QUICK FACTS IAACU Data as of 06.30.19 HQ: Bloomington, IL ASSETS: $261.6M MEMBERS: 16,773 BRANCHES: 3 12-MO SHARE GROWTH: 3.3% 12-MO LOAN GROWTH: 5.2% Periodically I find myself in a casual non-work discussion which eventually touches on what I do for a living. As I try to explain what a credit union is, the […]

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Your First Choice

[ 0 ] April 22, 2019 |
Your First Choice

IAACU QUICK FACTS Data as of 03.31.19 HQ: Bloomington, IL ASSETS: $264.3 Million MEMBERS: 16,630 12-MO SHARE GROWTH: 5.36% 12-MO LOAN GROWTH: 1.01% Throughout our lives we are presented with many choices. Sometimes we are fortunate enough to examine options and pick our “first choice”. Other times the “choice” is made for us. For example, […]

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Living the IAACU Mission

[ 0 ] January 23, 2019 |
Living the IAACU Mission

IAACU QUICK FACTS Data as of 12.31.18 HQ: Bloomington, IL ASSETS: $252.4 Million MEMBERS: 16,525 12-MO SHARE GROWTH: 4.67% 12-MO LOAN GROWTH: 0.67%   The IAA Credit Union’s mission is to “Build Financial Relationships to Enrich Members’ Lives.” This statement is important because it articulates the purpose of this institution to our team, to our […]

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Exclusive Membership

[ 0 ] October 12, 2018 |
Exclusive Membership

IAACU QUICK FACTS Data as of 09.30.18 HQ: Bloomington, IL ASSETS: $247.4 M MEMBERS: 16,486 12-MO SHARE GROWTH: 4.38% 12-MO LOAN GROWTH: -1.27% The August 2018 Credit Union National Association (CUNA) “Monthly Aggregates Report” indicated that 117 million Americans now belong to one or more of the Nation’s 5,596 credit unions. These credit unions aggregately […]

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Zero-Percent Financing

[ 0 ] July 11, 2018 |
Zero-Percent Financing

IAACU QUICK FACTS Data as of 06.30.18 HQ: Bloomington, IL ASSETS: $251.3 M MEMBERS: 16,673 12-MO SHARE GROWTH: 5.77% 12-MO LOAN GROWTH: 0.74% Periodically, people will ask me if “zero-percent financing” is a good thing. The obvious answer is a resounding YES – if you can truly get 0%. The catch is that there is […]

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The Banking Revolution

[ 0 ] April 11, 2018 |
The Banking Revolution

IAACU QUICK FACTS Data as of 03.31.18 HQ: Bloomington, IL ASSETS: $249.6 M MEMBERS: 16,553 12-MO SHARE GROWTH: 4.78% 12-MO LOAN GROWTH: 3.84% The Banking Revolution There is some controversy as to the location of the world’s first bank; some cite the Taula de la Ciutat in Barcelona, Spain while others contend that it was […]

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Thoughts on “Winning”

[ 0 ] January 22, 2018 |
Thoughts on “Winning”

There seems to be a surging interest in “winning” by business strategists and authors of recent articles and books. As a self-identified runner, I can most clearly relate winning to running. When I first started running, winning was defined as just giving my maximum effort; my only adversaries were the clock and miles. Winning became […]

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