Idaho Central Credit Union (ICCU) is a

state State may refer to: Arts, entertainment, and media Literature * ''State Magazine'', a monthly magazine published by the U.S. Department of State * ''The State'' (newspaper), a daily newspaper in Columbia, South Carolina, United States * ''Our S ...

-chartered

credit union A credit union, a type of financial institution similar to a commercial bank, is a member-owned nonprofit organization, nonprofit financial cooperative. Credit unions generally provide services to members similar to retail banks, including depo ...

in the

western Western may refer to: Places *Western, Nebraska, a village in the US *Western, New York, a town in the US *Western Creek, Tasmania, a locality in Australia *Western Junction, Tasmania, a locality in Australia *Western world, countries that id ...

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territorie ...

, headquartered in

Chubbuck, Idaho Chubbuck is a city in Bannock County, Idaho. It is part of the Pocatello Metropolitan Statistical Area. The population was 13,922 at the 2010 census. Chubbuck is located immediately north of Pocatello, Idaho, and has opposed several consolidation ...

, adjacent to

Pocatello Pocatello () is the county seat of and largest city in Bannock County, with a small portion on the Fort Hall Indian Reservation in neighboring Power County, in the southeastern part of the U.S. state of Idaho. It is the principal city of the ...

. ICCU is the largest credit union in

Idaho Idaho ( ) is a state in the Pacific Northwest region of the Western United States. To the north, it shares a small portion of the Canada–United States border with the province of British Columbia. It borders the states of Montana and Wyom ...

, with numerous branches serving over 500,000 members with assets over $8 billion; its governing agency is the state's Department of Finance.

History

Idaho Central Credit Union was organized in

Boise Boise (, , ) is the capital and most populous city of the U.S. state of Idaho and is the county seat of Ada County. On the Boise River in southwestern Idaho, it is east of the Oregon border and north of the Nevada border. The downtown area's ...

as a state-chartered credit union on June 28, 1940, 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 Ada may refer to: Places Africa * Ada Foah, a town in Ghana * Ada (Ghana parliament constituency) * Ada, Osun, a town in Nigeria Asia * Ada, Urmia, a village in West Azerbaijan Province, Iran * Ada, Karaman, a village in Karaman Province, Tur ...

Bannock Bannock may mean: * Bannock (food), a kind of bread, cooked on a stone or griddle * Bannock (Indigenous American), various types of bread, usually prepared by pan-frying * Bannock people, a Native American people of what is now southeastern Oregon ...

, Bingham, and

Power Power most often refers to: * Power (physics), meaning "rate of doing work" ** Engine power, the power put out by an engine ** Electric power * Power (social and political), the ability to influence people or events ** Abusive power Power may a ...

counties. Persons in

Oneida Oneida may refer to: Native American/First Nations * Oneida people, a Native American/First Nations people and one of the five founding nations of the Iroquois Confederacy * Oneida language * Oneida Indian Nation, based in New York * Oneida Na ...

, Bear Lake,

Franklin Franklin may refer to: People * Franklin (given name) * Franklin (surname) * Franklin (class), a member of a historical English social class Places Australia * Franklin, Tasmania, a township * Division of Franklin, federal electoral d ...

Caribou Reindeer (in North American English, known as caribou if wild and ''reindeer'' if domesticated) are deer in the genus ''Rangifer''. For the last few decades, reindeer were assigned to one species, ''Rangifer tarandus'', with about 10 subspe ...

, and Twin Falls counties were added to the field of membership in 1984. The field of membership expanded in 1989 to include non-durable wholesale, service, and manufacturing for all counties and to persons in

Jerome Jerome (; la, Eusebius Sophronius Hieronymus; grc-gre, Εὐσέβιος Σωφρόνιος Ἱερώνυμος; – 30 September 420), also known as Jerome of Stridon, was a Christian presbyter, priest, Confessor of the Faith, confessor, th ...

, Gooding,

Lincoln Lincoln most commonly refers to: * Abraham Lincoln (1809–1865), the sixteenth president of the United States * Lincoln, England, cathedral city and county town of Lincolnshire, England * Lincoln, Nebraska, the capital of Nebraska, U.S. * Lincoln ...

, Blaine, Minidoka, and Cassia counties, and

Jackpot, Nevada Jackpot is an unincorporated community and census-designated place (CDP) in Elko County, Nevada, United States. The population was 855 as of the 2020 census. Located less than from the Idaho border on US 93, Jackpot has been a popular casino ga ...

. 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 North is one of the four compass points or cardinal directions. It is the opposite of south and is perpendicular to east and west. ''North'' is a noun, adjective, or adverb indicating Direction (geometry), direction or geography. Etymology T ...

Idaho, adding

Shoshone The Shoshone or Shoshoni ( or ) are a Native American tribe with four large cultural/linguistic divisions: * Eastern Shoshone: Wyoming * Northern Shoshone: southern Idaho * Western Shoshone: Nevada, northern Utah * Goshute: western Utah, easter ...

and Kootenai counties. In 2022, Idaho Central Credit Union physically expanded out of Idaho by opening up a branch in downtown

Spokane Spokane ( ) is the largest city and county seat of Spokane County, Washington, United States. It is in eastern Washington, along the Spokane River, adjacent to the Selkirk Mountains, and west of the Rocky Mountain foothills, south of the Ca ...

. Idaho Central is the largest credit union in the state of Idaho, with 47 locations in the

Treasure Valley The Treasure Valley is a valley in the western United States, primarily in southwestern Idaho, where the Payette, Boise, Weiser, Malheur, Owyhee, and Burnt rivers drain into the Snake River. It includes all the lowland areas from Vale in rur ...

Magic Valley The Magic Valley is a region in south-central Idaho constituting Blaine, Camas, Cassia, Gooding, Jerome, Lincoln, Minidoka, and Twin Falls counties. It is particularly associated with the agricultural region in the Snake River Plain located ...

Eastern Idaho Eastern Idaho is the area of Idaho lying east of the Magic Valley region. It is generally understood to include: Bannock, Bear Lake, Bingham, Bonneville, Butte, Caribou, Clark, Custer, Franklin, Fremont, Jefferson, Madison, Oneida, Power and ...

Idaho Panhandle The Idaho Panhandle—locally known as North Idaho—is a salient region of the U.S. state of Idaho encompassing the state's 10 northernmost counties: Benewah, Bonner, Boundary, Clearwater, Idaho, Kootenai, Latah, Lewis, Nez Perce, and Shosh ...

, and

Washington Washington commonly refers to: * Washington (state), United States * Washington, D.C., the capital of the United States ** A metonym for the federal government of the United States ** Washington metropolitan area, the metropolitan area centered on ...

Membership

ICCU's field of membership includes: * All employees, employers, students, and retirees of certain industries as defined in the North American Industry Classification System and outlined in Idaho Central Credit Union’s Bylaws who reside in, work in, are headquartered in or paid from any Idaho county. * Persons in the employ or retirees of the State of Idaho, other public employees within the State of Idaho, or retirees of the same, and members of credit unions located in the State of Idaho. * Persons employed in any division, subsidiary, or branch of the Micron Corporation and retirees of the same. * The Idaho Credit Union League, its employees, and its chapters. * Employees of the Credit Union and credit unions with offices in the State of Idaho. * Persons who live or work in, or organizations located within the boundaries of a Washington School District. * Persons who live or work in, or organizations located within Baker, Malheur, Umatilla, Union, and Wallowa Counties, Oregon. * Persons who reside in, work in, attend school in, or are paid in Jackpot, Nevada. * Persons who were members and remain members of this Credit Union at the time this field of membership was approved; small groups that were approved prior to the time this field of membership was approved; persons in the field of membership of credit unions merged into Idaho Central and those credit unions’ fields of membership. * Family members of eligible members of this Credit Union.

Governance

Idaho Central Credit Union is governed by an elected

board of directors A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organiz ...

. Kent Oram serves as the

chief executive officer A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

(CEO), Brenda Worrell as chief operating officer (COO), Brian Berrett as the

chief financial officer The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financ ...

(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).

Sponsorships

ICCU is the name sponsor of two sports venues in the state. In 2018, the

University of Idaho The University of Idaho (U of I, or UIdaho) is a public land-grant research university in Moscow, Idaho. It is the state's land-grant and primary research university,, and the lead university in the Idaho Space Grant Consortium. The University ...

Moscow Moscow ( , US chiefly ; rus, links=no, Москва, r=Moskva, p=mɐskˈva, a=Москва.ogg) is the capital and largest city of Russia. The city stands on the Moskva River in Central Russia, with a population estimated at 13.0 million ...

announced that ICCU had acquired the naming rights to a new arena on campus, that opened in November 2021. North of the west end of the

Kibbie Dome The William H. Kibbie-ASUI Activity Center (commonly known as the Kibbie Dome) is a multi-purpose indoor athletic stadium in the northwest United States, on the campus of the University of Idaho in Moscow, Idaho. It is the home of the Idaho V ...

, the new

Idaho Central Credit Union Arena Idaho ( ) is a state in the Pacific Northwest region of the Western United States. To the north, it shares a small portion of the Canada–United States border with the province of British Columbia. It borders the states of Montana and Wyom ...

(ICCU Arena) will be the home court of the

Vandal The Vandals were a Germanic people who first inhabited what is now southern Poland. They established Vandal kingdoms on the Iberian Peninsula, Mediterranean islands, and North Africa in the fifth century. The Vandals migrated to the area betw ...

basketball teams ( men's and

women's A woman is an adult female human. Prior to adulthood, a female human is referred to as a girl (a female child or adolescent). The plural ''women'' is sometimes used in certain phrases such as "women's rights" to denote female humans regardl ...

). In September 2020, ICCU announced that it had acquired the naming rights to the former CenturyLink Arena in

downtown ''Downtown'' is a term primarily used in North America by English speakers to refer to a city's sometimes commercial, cultural and often the historical, political and geographic heart. It is often synonymous with its central business distric ...

Boise, which was renamed

Idaho Central Arena Idaho Central Arena (originally Bank of America Centre, formerly Qwest Arena and CenturyLink Arena) is a multi-purpose arena in the western United States, located in Boise, Idaho. Its seating capacity is 5,002 for ice hockey, 5,300 for basketbal ...

. In 2022, Idaho Central Credit Union signed a lifetime deal for the naming rights for a performing arts center in Spokane Valley. The Idaho Central Spokane Valley Performing Arts Center will be a 59,000 square-foot-facility on a 5-acre site expected to open in 2024.

References

External links

*{{official site, http://www.iccu.com
Branch and ATM Locations
Credit unions based in Idaho Banks based in Idaho Banks established in 1940 1940 establishments in Idaho Pocatello, Idaho metropolitan area