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 IAA CU Mission

[ 0 ] January 23, 2019 |
Living the IAA CU Mission

IAA CU 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 […]

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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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