Tag: CEO Corner

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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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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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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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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