Tag: loans

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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A Sad Goodbye to Our Friend Shanan

[ 1 ] July 12, 2017 |
A Sad Goodbye to Our Friend Shanan

On Friday, the IAA Credit Union said goodbye to Mortgage Loan Specialist, Shanan Pflugmacher. After being with us for a little over a year and helping with numerous mortgages during this time, she has accepted a position at Abri Credit Union in Romeoville, IL near Chicago. Shanan will be working as a Mortgage Loan Administrator […]

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Applying for Student Loans: Federal and Private

[ 0 ] May 10, 2017 |
Applying for Student Loans: Federal and Private

TEDDY NYKIEL March 24, 2016    Student loans aren’t created equal. Some are federal, some are private, some are designed to help financially needy borrowers, some offer lower rates or important borrower protections. Many students have to combine different types of loans to cover their college costs. “I am a huge fan of comparing what […]

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IAACU an Alternative to Payday Loans

[ 0 ] April 6, 2015 |
IAACU an Alternative to Payday Loans

Payday loans are big business — $7.4 billion annually, according to research from the Pew Charitable Trusts.  Each year 12 million Americans take out these loans from storefront locations, Web sites and even banks.  An article I recently read, which warned of the dangers of payday loans, was actually sponsored by three payday lenders!  Why?  […]

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Thanks a Million (That’s $200 Million!)

[ 0 ] March 28, 2014 |
Thanks a Million (That’s $200 Million!)

Your IAA Credit Union has reached a significant milestone; our assets have grown to over $200 million! This places IAACU in the $200 to $500 million peer group – that’s the top 15 percent of the country’s 7,000 credit unions by asset size. Also, over the past three months, IAACU’s membership has grown to the […]

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