Iaa Credit Union

Social
  • +1

A short history of Iaa CU

Since its inception in 1951 the Iaa Credit Union has been serving its members in the Bloomington, Illinois area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Timothy Wells, the Iaa CU has grown its membership to over 16,220 with assets of more than $236,462,991. They have a main office and 3 branch offices. Please see the credit unions website or contact them by phone at (309) 557-2541 or email them at servicecenter@iaacu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in Bloomington, IL.

General Information For Iaa CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 68423
Address PO Box 2901 
City Bloomington 
State Illinois 
Zip-Code 61702
Phone Number (309) 557-2541
Fax Number (309) 557-2419
Email Address: servicecenter@iaacu.org
CEO/President Timothy Wells
Members 16,220 
Full-Time Employees 37 
Part-Time Employees
Number of Branch Offices
Total Assets 236,462,991 
Website http://www.iaacu.org 

Compare Iaa Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
I W U CU IWU Federal Credit Union 1312 Park St 61701 (309) 556-3376 No 0.47
Illinois State CU Winnebago 4563 Hydraulic Road 61109 (309) 451-8400 No 0.78
Bloomington Municipal CU BradfordScott Data Corp 1001 Chestnut Hills Pkwy Ste 1 46814 (317) 713-2065 No 0.80
Normal City Employees CU Police Station 100 E Phoenix Ave 61761 (309) 454-9523 No 1.69
Bloomington Postal Employees CU BLOOMINGTON POSTAL EMPLOYEES CREDIT UNION 1511 E EMPIRE ST 61701 (309) 663-5841 No 1.89

Iaa Credit Union Financial Performance Charts


Performance Charts

Website Image

Financial Data


Iaa Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 8.70 2.70 3.81 3.71 4.26
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 134 108 181 95 133
Rank Among All Illinois Credit Unions 11 32 48 16 25

Iaa Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.17 0.47 1.39 1.17
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 114 65 105 137
Rank Among All Illinois Credit Unions N/A 28 9 13 15
Iaa Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.7006,0398,466,436
All Other Unsecured Loans/Lines of Credit 10.8201,1707,173,646
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.70081115,848,903
Used Vehicle Loans 3.8101,81023,495,992
Total 1st Mortgage Real Estate Loans/Lines of Credit 3.71070375,585,675
Total Other Real Estate Loans/Lines of Credit 4.26079521,707,598
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 6.7005274,681,404
TOTAL LOANS & LEASES 11,855156,959,654

Iaa Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 13619,651,25891,530,995
    b. 15 Years or less 39132,204,690303,942,525
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 5159,72000
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 17123,570,007243,666,463

OTHER REAL ESTATE

Closed-End Fixed Rate 36640,966352,600
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 74920,939,715764,430,950
Open-End Fixed Rate 10126,91700
TOTALS 1,49897,293,27314213,623,533

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Iaa Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs No
Home Banking Via Internet Website Yes