April 1, 2021 — DUBUQUE, Iowa— S&P Global Market Intelligence has ranked Dupaco Community Credit Union a top-performing credit union in the United States.
S&P Global Market Intelligence analyzed 1,727 credit unions and recognized 100 credit unions, including just four in Iowa. The credit unions performance was calculated based on five metrics:
- Member growth;
- Average loans, net of Paycheck Protection Program loans, per member;
- Net worth as a percentage of total assets;
- Delinquent loans as a percentage of total loans, net of PPP loans; and,
- Return on average asset
“This recognition simply reaffirms our staff consistently delivers on the Dupaco brand promise to improve each member’s financial position and uplift the communities we serve,” said Dupaco President and CEO Joe Hearn. “When we do that, the financial numbers take care of themselves.”
Bills force CUs to change names
June 13, 2018 — A recently enacted Iowa bill, H.B. 2502, has a provision that will force two of the state’s credit unions, the University of Iowa Community Credit Union and University of Northern Iowa Credit Union, to change their names. The provision states that Iowa credit unions “shall not include the name of any public university located in the state in its name.” The law goes into effect April 30, 2019.
Credit Union to Open Bluffs Branch
May 5, 2015 – Veridian Credit Union, headquartered in Waterloo, will open a branch office in Council Bluffs, a company official announced Monday.
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