IAA Credit Union is headquartered in Bloomington and is the 30th largest credit union in the state of Illinois. It is also the 901st largest credit union in the nation. It was established in 1951 and as of June of 2019, it had grown to 38 employees and 16,773 members at 3 locations. IAA Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership to IAA Credit Union is open to employees or members of American Farm Bureau Federation, Cargill Incorporated, Cornbelt Energy Corporation, Farm Credit Service, IAA Credit Union, Illinois Agricultural Association and Ralston Purina Company. Additionally, membership is offered to cooperative members and patrons of GROWMARK Inc., as well as, customers or agents of COUNTRY Financial,
See current membership details
Data as of Q2 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68423 |
| Year Chartered | 1951 |
| Employees | 38 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.13% |
| Return on Equity - YTD | 9.57% |
| Annual Interest Income | $5.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2019vs Q2 2018 | $261.6MM$251.3MM |
| Loans | Q2 2019vs Q2 2018 | $166.4MM$158.1MM |
| Deposits | Q2 2019vs Q2 2018 | $227.7MM$220.4MM |
| Equity Capital | Q2 2019vs Q2 2018 | $31.2MM$28.2MM |
| Loan Loss Allowance | Q2 2019vs Q2 2018 | $499.00K$494.00K |
| Unbacked Noncurrent Loans | Q2 2019vs Q2 2018 | $251.00K$420.00K |
| Real Estate Owned | Q2 2019vs Q2 2018 | $0$0 |
Rates for IAA Credit Union are currently being reviewed.
| IAA Credit Union Locations | ||
|---|---|---|
| Branch Office | 808 Iaa Dr | Bloomington, IL 61701-2214 |
| Branch Office | 1701 Towanda Ave | Bloomington, IL 61701-2057 |
| Branch Office | 1711 General Electric Rd | Bloomington, IL 61704-2286 |