REGULATING AGENCY: Iowa Division of Credit Unions
- Katie Averill, Superintendent, Iowa Division of Credit Unions
- Jessica Pollmeier, Executive Officer-Attorney
- Website: creditunions.iowa.gov
LEAGUE: Iowa Credit Union League
- Murray Williams, President/CEO
- Website: iowacreditunions.com/icul
PRIVATE SHARE INSURANCE: No
- Largest SCU: GREENSTATE CU $11.21B in assets
- Largest FCU: FIRST FCU $206.4M in assets
|Second Quarter 2023||SCUs||FCUs||Total CUs||% of SCUs/Total|
|Total Credit Unions||71||2||73||97.26%|
|Credit Union Members||1.61M||14,560||1.62M||99.10%|
|Credit Union Assets||$31.79B||$228.96M||$32.02B||99.28%|
Iowa has the shortest and steepest railroad in the country. It has a sixty-degree incline and is only 296 feet long.
May 12, 2023 — The National Association of State Credit Union Supervisors (NASCUS) proudly announces that Regulator Board Vice Chair, Katie Averill, has been confirmed for a third consecutive term as Iowa’s Superintendent of Credit Unions with a unanimous vote of Senate approval.
Superintendent Averill’s confirmation was a resounding success. In Iowa, a two-thirds majority vote is required for confirmation. However, all 50 senators voted in favor of Averill’s reconfirmation, with none opposed. As the Superintendent of Credit Unions, she leads the Credit Union Division to protect the interests and rights of more than 1.5 million members across all 99 counties, with $36 billion in regulated assets.
NASCUS congratulates Katie Averill on her well-deserved confirmation and looks forward to her continued leadership in the years to come. Read more
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