The Indiana Credit Union League is the trade association representing Indiana credit unions. Those credit unions serve more than 2.6 million Hoosiers. The League helps credit unions succeed in many ways:
- Through advocacy efforts that protect and further credit union interests.
- By offering consultation, legislative and regulatory support to credit unions.
- By providing public relations, operational and technical assistance, education and training.
The League is a center point for credit union collaboration. Affiliates come together regularly through League events and programs to gather ideas, inspiration and tools to help them provide the best products and services for their members.
As a not-for-profit organization, the League is funded by dues from affiliated credit unions. Other revenue is generated from its wholly owned subsidiary, the ICUL Services Corporation (Servicecorp). Both organizations work under the same roof, president and board of directors. Servicecorp is a credit union-owned cooperative organization that networks the collective business volume of credit unions to offer affordable products and services. This collaborative arrangement enables credit unions to offer more services — at lower costs — than they could on their own.
Credit unions are member-owned, not-for-profit financial cooperatives that are democratically controlled. Their focus is on helping their members save and borrow and receive affordable financial services. They were founded on "people helping people" principles. Credit union boards of directors are elected by members; each member has an equal vote, regardless of how much he or she has on deposit. Only members may serve as directors, and most directors serve without remuneration.
You can find a credit union to join here.