Originally chartered in 1940, Idaho Central Credit Union (“Idaho Central” or “ICCU” or “the credit union”) is a member owned state-chartered credit union headquartered in Chubbuck, Idaho, and is the 18th largest credit union in the U.S. with $11.7 billion in total assets. ICCU serves more than 650,000 members with 50+ locations in Idaho and Washington while offering services in eastern counties in Oregon and Jackpot, NV.
Idaho Central is a Low Income Designated (LID) credit union benefiting from exemption of business lending caps, access to grant funding for targeted lending, and the inclusion of secondary capital.
Idaho Central has a granular consumer-oriented deposit and loan customer base with residential mortgages accounting for 47% of total loans including junior lines, followed by 36% in vehicle loans (New 14%/Used 18%/Other 4%), and other unsecured loans (5%). The consumer loan portfolio is balanced by commercial loans representing 12%…
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