Category: CEO Corner

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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Protecting Your Identity and Finances in Light of the Equifax Breach

[ 0 ] October 16, 2017 |
Protecting Your Identity and Finances in Light of the Equifax Breach

The staff at IAACU has received a lot of questions regarding the recent Equifax data breach.   Though there have been many high profile breaches (Target, Ebay, JP Morgan Chase, Home Depot – to name a few), this one seems unprecedented due to the number of people affected combined with the amount and type of personal […]

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The American Dream!

[ 0 ] July 12, 2017 |
The American Dream!

The American Dream has been called the “National Ethos of the United States.”  It is a set of ideals which lead to the opportunity for prosperity and success.   Within that dream is the idea that we can all attain success through hard work because America poses far fewer barriers and many more opportunities than anywhere […]

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IAA Credit Union is Growing

[ 4 ] April 17, 2017 |
IAA Credit Union is Growing

IAA Credit Union is growing! Ten years ago (2007) we closed-out our first-quarter financials with $116 million in managed assets and 12,829 members.  This was soon after I had started and just before the “Great Recession” which officially started in December of that year.   As we close the first quarter of 2017, I’m happy to […]

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Fintech @ IAACU

[ 0 ] January 10, 2017 |
Fintech @ IAACU

Fintech apps (Financial Technology Applications) like Apple, Samsung and Android Pay are changing the way we buy stuff. For example, you can now merely hold your smart watch or phone near the Card Reader at one of over 11 million locations accepting Apple Pay and you’ll be on your way – quick and convenient.  And […]

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Mid-Year Update

[ 0 ] July 18, 2016 |
Mid-Year Update

As I write this article your IAACU team is busy evaluating and recording second quarter results. Since we are a financial cooperative and you are our owners, I thought it appropriate to communicate how we evaluate the performance of your Credit Union. Measures used to evaluate performance are divided into two broad categories: 1) Net […]

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