2021 CREDIT UNION GROWTH
While this has been another year of ups and downs in the world, Ironworkers USA Credit Union is riding a wave of “ups” so far in 2021! We’ve experienced increases in membership, assets and credit union staff – all of which are signs of financial health for the Credit Union and financial growth and freedom for our members.
In September, Ironworkers USA Credit Union reached a financial milestone, breaking $70 million in assets. When CEO Teri Robinson joined the team in January 2009, the Credit Union had just under $7.5 million in assets. In 12 years, we’ve increased our assets by more than 775%!
We have already welcomed more than 800 new members to the Credit Union this year, bringing our membership to over 8,600. Similar to last year, 40% of those new members are from Locals across the country with particular hotspots in California, Texas, Georgia, Florida, New Jersey-New York, Colorado, and Illinois. Prior to opening up membership to all Union Ironworkers in the United States in 2018, our membership was solely Ironworkers and their family members in the Pacific Northwest. While we continue to welcome our Brothers and Sisters in the Northwest, we are proud to have so many Ironworkers and their families across the country join as well.
The growth in assets and membership has expanded our staffing needs as well. With the steady increase in members from California to Florida, we have added staff in our call center which serves members nationwide, and new loan officers have been hired to ensure every member receives personal service in a fast, efficient manner. The Credit Union now has 17 staff members to serve its members – up from just five in 2010.
So what does this all mean?
- It means you, our members, continue to put your trust in Ironworkers USA Credit Union by being a member and telling your co-workers and family about us.
- It means we’re able to bring you new products and services that fit your financial lives.
- It means the Credit Union staff remains dedicated to offering personalized service to every member whether they walk into a branch or call us from across the country.
Ironworkers USA Credit Union is here because Ironworkers believe in us. We take that very seriously and are committed to protecting Ironworkers and their families by helping them have strong financial futures. We thank you for your trust, celebrate our success with you, and look forward to reaching even greater heights with you in the future!
