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Iaa Credit Union Share
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Overview Share
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Iaa Credit Union is a federally insured state credit union based in Bloomington, Illinois. It has been opened since 1951, for 71 years.

With around $252,360,000 in assets, Iaa Credit Union is considered to be a very large credit union. It has 3 branches and 3 ATM locations.

About Share
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Address Po Box 2901
Bloomington, Illinois 61702
Website http://www.iaacu.org
Phone (309) 557-2541
Fax (309) 557-2419
CEO Timothy S. Wells
President of the Board Jeffrey Frank
Services Offered
Score Card Share
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71 years
Years in business
Opened in 1951
Well Capitalized
Net worth classification
Source: NCUA
16,525 members
Membership type: State chartered natural person credit union
Above average number of members
408:1
Credit union member to staff ratio
408 per each FTE employee
Compared to 411:1 nationally
Fewer staff
$252,362,267
Total assets
Above average
3 branches
Compared with an average of 4 nationally and 2 in Illinois
Above average number of branches
0.24%
Savings interest rate
Compared to 0.3% nationally
9.28%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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3 branches
Compared with an average of 4 nationally and 2 in Illinois
Above average number of branches
Iaa Credit Union Branch Locations

Iaa Credit Union
1711 General Electric Road
Bloomington, Illinois 61704
ATM Available
Iaa Credit Union Main Branch
808 Iaa Drive
Bloomington, Illinois 61701
ATM Available
Iaa Credit Union
1701 Towanda Avenue
Bloomington, Illinois 61701
ATM Available
Members Share
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16,525 members
Membership type: State chartered natural person credit union
Above average number of members

With 16,525 members, the Iaa Credit Union is considered to be a large credit union. It is larger than 79% of credit unions.

Fees Share
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$23
Average fee per member
The average fee per member at the Iaa Credit Union is $23, which is low compared to most credit unions. This rate is lower than 70% of all credit unions.
Fees are lower than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Iaa Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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408:1
Credit union member to staff ratio
408 per each FTE employee
Compared to 411:1 nationally
Fewer staff
40 staff members
FTE (full-time equivalent)
12% of employees are part-time
38 full-time, 5 part-time

Iaa Credit Union has 38 full-time staff members and 5 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 88% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Iaa Credit Union has around 408 members per staff, a higher ratio compared to other credit unions.

Assets Share
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$252,362,267
Total assets
Above average
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
11.8%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$12,740
Average loan and lease size
Loan & lease sizes are bigger than average. They are bigger than at 69% of credit unions.

Iaa Credit Union holds a total of $161,300,000 in loans and leases, which is about $12,740 per member on average.

Savings interest rate Share
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0.24%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Iaa Credit Union pays 0.24%.

Loan rates Share
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9.28%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
10.59%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
7.03%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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3.11%
New car loan rate
Compared to 4.0% nationally
4.15%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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5.44%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
3.95%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

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All of Asset Brief

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Iaa Credit Union Main Branch ATM
Credit Union ATM: 808 Iaa Drive
Bloomington, Illinois 61701
Iaa Credit Union ATM
Credit Union ATM: 1711 General Electric Road
Bloomington, Illinois 61704
Iaa Credit Union ATM
Credit Union ATM: 1701 Towanda Avenue
Bloomington, Illinois 61701
Iaa Credit Union Main Branch
Credit Union Branch: 808 Iaa Drive
Bloomington, Illinois 61701 ATM Available
Iaa Credit Union
Credit Union Branch: 1711 General Electric Road
Bloomington, Illinois 61704 ATM Available
Iaa Credit Union
Credit Union Branch: 1701 Towanda Avenue
Bloomington, Illinois 61701 ATM Available
Iaa Credit Union
Credit Union: Well Capitalized Bloomington, Illinois 16525.0 $252 million Well Capitalized