IU Credit Union Timeline | |
| Follow the timeline to see the growth of the IU Credit Union from savings accounts only to a full-range of products and services. From the addition of checking accounts and loans to providing members with the convenien
ce of transacting on their accounts anywhere in the world through Web Home Teller Internet banking, the Credit Union has remained the same where it counts the most—quality member service. Through changes in products, services and technology, the IU Credit
Union has remained a member-driven, non-profit financial institution dedicated to improving members' lives.
1956: IU Credit Union opened
1959: Surpassed 1,000 members
1961: Surpassed $1,000,000 in assets
1971: 17th Street branch opened
1975: Direct deposit became a new service; First IUCU regional branch opened in Fort Wayne
1976: Share draft accounts (checking) introduced
1978: IMU branch opened
1980: Guaranteed student loans initiated
1983: First ATM installed
1085: Home equity loan program introduced
1986; EXPRESS bank-by-phone introduced
1987: Surpassed $100,000,000 in assets
1990: Approximately 1,500 people celebrated Winslow branch grand opening; Safe-deposit boxes introduced
1994: Indirect lending and AnyHour Loans-by-Phone began
1995: IUCU announced its new scholarship program designed to award $10,000 a year to returning college students
1996: Investment services added; Home Teller computer banking launched
1999: IUCU added the IU Men’s Soccer program to its list of IU sports sponsorships
2000: IUCU began accepting loan applications online.
AND into the 21st century: IU Credit Union currently maintain over 61,000 accounts and have over $350,000,000 in assets.
IU Credit Union is looking forward to a bright future! | |
IU Home Pages
400 E. 7th Street. Bloomington, IN 47405
Phone: (812) 855-6494
Publication date: October 13, 2000
Comments: homepgs@indiana.edu
Copyright 2000, The
Trustees of Indiana University