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 report that we have grown to $237 million in managed assets and 16,214 members. We’ve more than doubled in assets and increased members by 26.4%!
As a growing institution, IAA CU has the resources to invest in new services and delivery channels that our members and potential members want and need. The growth we have had over the last ten years has allowed us to increase operational efficiency thereby offering our members “one-stop shopping” for all of their financial service needs. Because of our growth we can provide service in expertly staffed branches, in a network of over 35,000 ATMS, over the phone through our service center, via internet access (home banking), and mobile devices (smart phone, tablet or iPad). All this is made possible by the economies of scale that have resulted from healthy growth of memberships and increased assets.
We offer our sincere gratitude for your membership and continued support of IAACU.