Idaho Central Credit Union

Idaho Central Credit Union (ICCU) is a state chartered credit union headquartered in Chubbuck, Idaho. ICCU is the largest credit union in Idaho, with numerous branches serving more than 390,000 members and assets of $5 billion. ICCU's governing agency is the Idaho Department of Finance.

Idaho Central Credit Union
TypeCredit union
IndustryFinancial services
FoundedJune 28, 1940 (June 28, 1940)[1]
Headquarters
Chubbuck, Idaho
,
United States
Number of locations
38 branches
Area served
Idaho; Jackpot, Nevada; Washington
Key people
Kent Oram (CEO)
Dorothy Ricks(Chairman of the Board)
ServicesSavings; Checking; Consumer Loans; Mortgages; Credit cards; Investments; Online banking; Business services
$87,958,762
Total assets$5 billion USD
Number of employees
1280
Websitewww.iccu.com

History

Idaho Central Credit Union was organized as a state-chartered credit union on June 28, 1940, in Boise, Idaho, to serve the financial needs of the officers of other credit unions operating in the State of Idaho. At that time, officers could not belong to the credit union where they worked.

In 1953, Idaho Central changed its field of membership to include all members of other Idaho credit unions, and in 1972 it was increased again to of small groups approved by the Department of Finance, who had a common bond and desired credit union membership, but were unable to form a credit union. In 1977, it expanded to retail employees in Ada, Bannock, Bingham, and Power counties. Persons in Oneida, Bear Lake, Franklin, Caribou, and Twin Falls Counties were added to the field of membership in 1984.

The field of membership to include non-durable wholesale, service, and manufacturing for all counties and to persons in Jerome, Gooding, Lincoln, Blaine, Minidoka, and Cassia Counties, and Jackpot, Nevada, in 1989. In 2008, the establishment of the organization's Central's Business Lending Department added member eligibility for businesses. The most change came with the merger of PSCU in north Idaho, adding Shoshone and Kootenai counties.

Idaho Central is the largest credit union in Idaho, with 38 locations throughout the Treasure Valley, Magic Valley, Eastern Idaho, and Idaho Panhandle.

Membership

ICCU's field of membership includes those who reside or work in Ada, Adams, Bannock, Bear Lake, Bingham, Blaine, Boise, Bonneville, Butte, Camas, Canyon, Caribou, Cassia, Clark, Custer, Elmore, Franklin, Fremont, Gem, Gooding, Jefferson, Jerome, Kootenai, Lemhi, Lincoln, Madison, Minidoka, Oneida, Owyhee, Payette, Power, Shoshone, Teton, Twin Falls, Valley, and Washington Counties. Also, persons who live or work in, or organizations located within the boundaries of a Washington School District are eligible.

Employees of the State of Idaho, the MPC Corporation, residents of Jackpot, Nevada, and their family members are also eligible for membership.[2]

Governance

Idaho Central Credit Union is governed by an elected board of directors. Kent Oram serves as the chief executive officer (CEO), Shelli Bardsley as chief administrative officer (CAO), Brenda Worrell as chief operating officer (COO), Brian Berrett as the chief financial officer (CFO), Mark Willden as chief information officer (CIO), Ed Tierney as chief lending officer (CLO), Corey Dahle as chief experience officer (CXO), and Michael Watson as chief marketing officer (CMO).[3][4]

References
  1. "Company Profile". Idaho Central Credit Union. Retrieved September 14, 2017.
  2. Idaho Central Credit Union plans NW Boise branch, east Idaho HQ expansion. Idaho Business Review. 13 December 2004.
  3. Idaho Central Credit Union Company Profile Manta.com
  4. Idaho Central Credit Union Company Directory jigsaw.com
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