Recent Articles
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Raising Money-Smart Kids
April is National Credit Union Youth Month! At IAA Credit Union, we believe in helping our families raise money-smart kids. Financial education starts early, and the lessons children learn today will shape their financial habits for a lifetime. Yet, many parents find it challenging to introduce these concepts at home. That's why we have developed our Youth Program with tools and resources to help you in raising money-smart kids.Read More about Raising Money-Smart Kids -
How to Protect Your Credit from Identity Theft
To close out National Credit Education Month, it’s important to take proactive steps to protect your personal and financial information from identity theft. Freezing your credit, regularly checking your credit reports, and setting up online purchase alerts can help safeguard your accounts and prevent fraudulent activity. Experts also recommend freezing your child’s credit to prevent long-term identity fraud that could go unnoticed for years.Read More about How to Protect Your Credit from Identity Theft -
March 2025 Market Rate Update
Interest rates have declined, with the 5-year U.S. Treasury dropping below 4% due to falling consumer confidence and tariff concerns. If this trend continues, commercial real estate loan rates at IAA Credit Union could drop to 6.35%-7.15%. Reach out to us to discuss your target rate, and we’ll monitor the market to lock it in when the opportunity arises.Read More about March 2025 Market Rate Update -
IAA Credit Union Welcomes Emily Mcleod as Chief Experience Officer
IAA Credit Union (IAACU) is pleased to announce that Emily Mcleod has been named the first-ever Chief Experience Officer (CXO) effective February 24, 2025.Read More about IAA Credit Union Welcomes Emily Mcleod as Chief Experience Officer -
How Can I Build a Stronger Credit Profile?
Improving your credit score is essential, as it impacts everything from loan interest rates to job background checks. Start by regularly monitoring your score through tools like My Credit Score from IAA Credit Union, and take proactive steps such as paying bills on time, keeping credit utilization low, and disputing any errors on your credit report. By practicing good credit habits and avoiding unnecessary new credit applications, you can steadily build a stronger financial profile.Read More about How Can I Build a Stronger Credit Profile? -
David Warren Sr. Promoted to Chief Lending Officer
IAA Credit Union (IAAC) is proud to announce the promotion of David Warren Sr. to Chief Lending Officer (CLO), effective February 8, 2025.Read More about David Warren Sr. Promoted to Chief Lending Officer -
February 2025 Market Rate Update
The 5-year U.S. Treasury rate saw fluctuations in January, peaking at 4.61% before settling at 4.36%. While a short-term dip may suggest relief, the overall trend remains upward, with February rates likely holding between 4.20% and 4.60%. For Business Members, IAA Credit Union offers competitive commercial real estate loan rates from 7.60% to 8.80%, providing significant savings over other lenders.Read More about February 2025 Market Rate Update -
5 AI Scams Set to Surge in 2025: What You Need to Know
While 2024 provided us with rare glimpses of deepfakes, voice clones, and AI-generated phishing scams, it was merely “training wheels” for fraudsters as they tested the waters. It’s 2025 which is now poised to become the year AI scams become a dominant force in draining fintech and bank accounts. With so much more activity on criminal channels, fraud experts now believe AI-enabled scams will flourish in 2025. Here is what you need to know.Read More about 5 AI Scams Set to Surge in 2025: What You Need to Know -
About Our Art...
Jim Neeley, originally from the Midwest, built a notable career in visual merchandising before cofounding Wisecracker Design. After retiring in 2018, he returned to his hometown and reignited his passion for studio art, focusing on assemblage and 2D collage.Read More about About Our Art... -
Top Resolutions For A Fraud-Free New Year
Online purchase scams continue to be the third-riskiest scams due to the loss of money and personal information and the perseverance of scammers. The Better Business Bureau (BBB) recommends adding a few precautionary steps to the New Year's resolution list to help make the upcoming days and months fraud-free.Read More about Top Resolutions For A Fraud-Free New Year -
January 2025 Market Rate Update
The 5-year U.S. Treasury rate, a key benchmark for loan pricing, reached an average of 4.24% in December—its highest since mid-2024—and could rise further in 2025 if economic conditions remain strong. Borrowers face critical decisions about refinancing, adjusting loan terms, or paying off loans amid this volatility. IAA Credit Union offers personalized support and loan structures to help businesses navigate these uncertain times.Read More about January 2025 Market Rate Update -
3 Simple Ways To Improve Your Credit Score Starting Today
There are several ways to boost your credit score; the more techniques you know, the better off you are. If you’re looking to improve your score, try these methods below. Remember that improving your score can take time, but it is worth it.Read More about 3 Simple Ways To Improve Your Credit Score Starting Today -
December 2024 Market Rate Update
Each month, the IAACU Small Business Team aims to provide you with insights into the current trends in Commercial Real Estate market rates, which are influenced by movements in the US Treasury yield. Here is our December 2024 Market Rate Update.Read More about December 2024 Market Rate Update -
Jeff Malcom Announces Retirement After Nearly 34 Years with IAA Credit Union
Bloomington, IL - After an impressive and dedicated career spanning almost 34 years, Jeff Malcom has announced his retirement from IAA Credit Union (IAACU), effective January 3, 2025. Jeff has played a pivotal role in the credit union's growth and success, leaving behind a legacy of leadership, commitment, and member-focused service.Read More about Jeff Malcom Announces Retirement After Nearly 34 Years with IAA Credit Union -
13 Ways to Protect Yourself From Fraud
With scammers stealing a staggering $10 billion from Americans in 2023 alone, staying alert is more important than ever. As International Fraud Awareness Week approaches from November 17-23, it’s a great time to protect yourself by staying informed. Here are 13 ways to protect yourself from fraud.Read More about 13 Ways to Protect Yourself From Fraud -
November 2024 Market Rate Update
Each month, the IAACU Small Business Team aims to provide you with insights into the current trends in Commercial Real Estate market rates, which are influenced by movements in the US Treasury yield. Here is our November 2024 Market Rate Update.Read More about November 2024 Market Rate Update -
IAA Credit Union Announces Nick Brooks as CEO-Select
IAA Credit Union (IAACU) is pleased to announce that Nick Brooks has been named Chief Executive Officer (CEO)-Select, effective November 2, 2024. Nick will officially assume the CEO role on January 4, 2025, following the retirement of current CEO Sean Wells on January 3, 2025.Read More about IAA Credit Union Announces Nick Brooks as CEO-Select -
October Market Rate Update
Each month, the IAACU Small Business Team aims to provide you with insights into the current trends in Commercial Real Estate market rates, which are influenced by movements in the US Treasury yield. Here is our October 2024 Market Rate Update.Read More about October Market Rate Update -
About Our Art...
We have new artwork, from artist Joan Maney. Her work will be on display in the months of October, November, and December 2024. Joan is a self-taught artist who specializes in realistic painting. She believes that art should evoke strong emotions, each unique to the viewer's personal story, whether it’s joy, energy, laughter, or even irritation.Read More about About Our Art... -
How Well Have You Planned for Your Financial Future?
October is National Financial Planning Month! With the holiday season around the corner (a time of more spending) and the new year to follow, Financial Planning Month is a great time to get your finances and budgets in order before the busy end-of-the-year season. Use this as your reminder to sit down and take a good look at your finances including your spending, saving, investments, and more.Read More about How Well Have You Planned for Your Financial Future?
