ISU Credit Union


Why ISU Credit Union?
ISU Credit Union is a member-owned, not-for-profit financial institution whose sole purpose is to provide exceptional financial products and services to our member/owners. Unlike banks and other financial institutions that have to pay out dividends to stockholders and pay a Board of Directors, our excess earnings are returned to our members in the form of lower loan rates, higher dividends on savings, additional products and services, additional branches, etc. Our Board of Directors are elected by the members, and volunteer their time to make sure the credit union always operates in the best interests of the membership as a whole.

Mission Statement
To provide our owners (members) desired financial services while offering both dividend rates and loan rates that are generally more favorable than those normally found at other consumer lending institutions. As the Credit Union grows and more services are added, friendly, courteous service will continue to be our top priority. The volunteers and staff of ISU Credit Union strongly support our founding motto:

Your Funds Are Insured
The NCUA insures your accounts up to at least $250,000. For more information about the share savings insurance on your accounts, contact the credit union.

Your savings is federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.      

ISU Credit Union History
In 1951, a group of individuals from various backgrounds started holding meetings to evaluate the idea of forming a credit union on the campus of Idaho State College. They wanted a campus credit union because most people were living from paycheck to paycheck and the member-owned, people-helping-people nature of credit unions appealed to them. They wanted a self-help program where they could visit with and be judged by their peers, not the corporate world. They also wanted convenience and a family atmosphere. In meeting with the NCUA and with the help and support of the Manager of the Union Pacific Railroad Credit Union, the Idaho State College Federal Credit Union was formed on April 10, 1952. The name was subsequently changed to Idaho State University Federal Credit Union in 1963 when the college gained university status and changed its name accordingly.

Until 1969, the field of membership was limited to faculty and staff of the University and their families. Today, the field of membership has expanded to include Idaho State University students and alumni, and the faculty, staff, and students of many southeastern Idaho school districts, as well as their family members.  A number of businesses in SE Idaho have also chosen to affiliate with ISU Credit Union and offer their employees the benefit of membership.

Today ISU Credit Union's assets exceed $150 million and we serve over 21,000 members around the world.