Idaho Central Credit Union

What Idaho Central Credit Union does

Idaho Central Credit Union (ICCU) is a member-owned, federally NCUA-insured credit union founded in 1940 and headquartered in Pocatello, Idaho. It operates across a four-state field of membership covering Idaho, Washington, eastern Oregon, and Arizona, serving 1,001-5,000 employees and members through physical branches, the eBranch online and mobile banking platform (iOS and Android), VideoChat face-to-face banking, and the CO-OP ATM network. Leadership is headed by Kent Oram as President and CEO, and ICCU Insurance Services operates as a wholly-owned subsidiary supporting insurance distribution.

The product portfolio is comprehensive and consumer-and-business oriented: checking and savings (Central Checking, Central Plus Checking, Starter Checking, High-Yield Online Savings at 3.20% APY, Money Market, CDs up to 4.20% APY, IRAs), Visa credit cards (Premier Rewards, Rewards, Platinum starting at 11.24% APR), and an extensive lending suite spanning conventional and adjustable-rate mortgages, HELOCs, auto loans at 5.69% APR, RV/boat/motorcycle/off-road/trailer loans, personal, student, and solar/green loans. Business banking adds SBA loans, commercial real estate and construction loans, business lines of credit, merchant services, ACH origination, Positive Pay, remote deposit capture, and payroll/HR services. Wealth management, private client banking, and a full insurance lineup (life, auto, home, Medicare, AD&D, GAP, MRC, credit life/disability) extend the franchise beyond core banking. Digital features include CardControl, My Credit (SavvyMoney/TransUnion), Retirement Simplified (Silvur), Prizeout CashBack+, Zelle P2P, mobile wallet support, and Talking ATMs, with WCAG 2.0 AA and ADA accessibility commitments.

Revenue is generated primarily through net interest income on the lending portfolio, supplemented by transaction fees (money orders, cashier's checks, stop payments, prepaid card maintenance and reloads, card replacement), interchange fees on Visa debit and credit transactions, and deposit account services. The cooperative ownership structure redirects surplus to members via competitive deposit rates and loan pricing. GTM combines direct-to-consumer digital channels with a community-led model centered on the GREEN TEAM volunteer program, regional sponsorships, and local partnerships (e.g., the $5 million Falcons Landing affordable housing project with LEAP Housing), while commercial expansion is supported by dedicated lending and relationship teams. Strategic positioning is reinforced by the 2023 $80 million capital raise, the February 2025 acquisition of TOPCU, and ecosystem partnerships with SavvyMoney, Silvur, Early Warning Services/Zelle, Pathward N.A., CO-OP, and Get Away Today.

Name

Idaho Central Credit Union

Legal name

Idaho Central Credit Union

Website

https://iccu.com

Company type

Private

Founded year

1940

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Idaho Central Credit Union is a member-owned, NCUA-insured credit union headquartered in Pocatello, Idaho, founded in 1940, serving consumers and businesses across Idaho, Washington, eastern Oregon, and Arizona with retail and commercial banking, lending, credit cards, wealth management, and insurance products delivered through branches, the eBranch digital platform, and VideoChat.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Credit Unions (52213), Credit Unions (522130), Credit Card Issuing (522210)

SIC

Savings Institution, Federally Chartered (6035)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

akta.pro secondary industry

Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL)

Keywords

• Retail banking services
• Consumer lending products
• Credit union deposits
• Mortgage and auto loans
• Community banking solutions

Headquarters

HQ city

Pocatello

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Interest Income from Lending: ICCU generates primary revenue through interest earned on various loan products including mortgages, home equity loans, vehicle loans (auto, RV, boat, motorcycle, off-road, trailer), personal loans, credit cards, and business loans. As a credit union, interest collected from member loans funds operations and enables competitive rates for deposits.
2. Fee-based Services: ICCU charges fees for various services including money orders ($2.50), cashier's checks ($4.00), stop payments ($30), prepaid card monthly maintenance ($4.95), prepaid card reloads ($2.50), card replacement ($9.95), and overdraft protection services.
3. Interchange Revenue: ICCU earns interchange fees on debit and credit card transactions processed through Visa networks. This includes transaction fees from card usage at merchants, ATM withdrawals, and online purchases.
4. Deposit Account Services: Revenue from deposit accounts including checking, savings, money market accounts, and certificates of deposit. While many basic services are free, premium checking accounts (Central Plus Checking) offer enhanced benefits.

Pricing tiers

Go-to-market motion2 records

Distribution channels7 records

Marketing channels6 records

Core offering

Idaho Central Credit Union (ICCU) is a member-owned credit union that provides retail banking, consumer and commercial lending, deposit products, credit cards, wealth management, and insurance services to individuals and businesses in Idaho, Washington, eastern Oregon, and Arizona. Distribution is delivered through physical branches, an eBranch online and mobile banking platform, VideoChat, and a fee-free CO-OP ATM network, with federally insured deposits under the NCUA.

Product overview

Idaho Central Credit Union (ICCU) operates a comprehensive financial services platform organized around its core eBranch digital banking system. The product portfolio encompasses personal and business banking through multiple channels including mobile app, online banking, and branch locations. Personal banking includes Central Plus Checking and Central Checking accounts with companion savings products (Share Savings, High-Yield Online Savings, Money Market Savings, CDs, IRAs), Visa credit cards (Premier Rewards, Rewards, Platinum), and diverse lending products (mortgages, home equity, auto/RV/boat/motorcycle/trailer loans, personal loans, student loans, solar/green loans). Business banking offers checking accounts, savings, and lending including term loans, commercial real estate, SBA loans, and merchant services. Wealth and insurance products include Wealth Management, Private Client Banking, Medicare, life, auto, and homeowners insurance plus GAP and mechanical repair coverage. Digital services integrated into eBranch include My Credit (SavvyMoney-powered credit monitoring), Retirement Simplified (Silvur partnership), VideoChat, CardControl, Zelle P2P payments, Prizeout CashBack+ rewards, Mobile Wallet support, and various transaction services (bill pay, mobile deposit, wire transfers, overdraft protection). The architecture is modular with eBranch as the unified digital hub connecting all products and services.

Differentiator

Problem solved

Functional benefit

Products and services

• eBranch Online & Mobile Banking Comprehensive digital banking platform accessible 24/7 via web and mobile app for account management, transfers, bill pay, loan applications, and integrated financial tools.
• Central Plus Checking Premium checking account offering enhanced benefits including identity theft protection, dark web monitoring, identity theft resolution, free ATM access, free Zelle transfers, free credit score monitoring, and cell phone protection, with no minimum balance required.
• Central Checking Basic checking account with no monthly fees and no minimum balance, including free mobile and online banking, free direct deposit, free Zelle transfers, and zero liability protection.
• Starter Checking Free youth checking account designed for members ages 12-17 with easy account management tools and age-appropriate perks.
• Share Savings Basic share savings account that establishes credit union membership and earns dividends on the member's deposit balance.
• High-Yield Online Savings Online savings account offering a competitive APY (3.20% as advertised) for members who prefer a digital banking experience.
• Money Market Savings Savings account combining competitive tiered rates with limited check-writing access for flexible access to funds.
• Certificates of Deposit (CDs) Term deposit accounts offering fixed rates for set terms, with promotional options including an 18-Month Promo CD at 4.20% APY and 12-Month Promo CD at 4.00% APY.
• Individual Retirement Accounts (IRAs) Retirement savings accounts including Traditional and Roth IRA options for long-term retirement planning.
• Premier Rewards Visa Premium Visa credit card offering rewards on purchases and travel perks, with rates advertised as low as 11.24% variable APR.
• Rewards Visa Visa credit card offering reward points on everyday purchases at competitive variable rates.
• Platinum Visa Standard Visa credit card with variable rate pricing for members seeking straightforward credit options.
• Conventional Fixed-Rate Mortgage Traditional home loan product with a fixed interest rate providing predictable monthly payments throughout the loan term.
• Adjustable-Rate Mortgage (ARM) Home loan with interest rate that adjusts periodically after an initial fixed period, offering lower initial rates.
• First-Time Homebuyer Program Mortgage program offering specialized guidance and potentially favorable terms for first-time homebuyers pursuing homeownership.
• Home Equity Line of Credit (HELOC) Revolving credit line secured by home equity that allows members to borrow against their home's value for various financing needs.
• Fixed-Rate Home Equity Loan Home equity loan with a fixed interest rate that provides lump-sum financing secured by the member's home equity.
• Auto Loans Vehicle financing for the purchase of new or used automobiles, with rates advertised as low as 5.69% APR.
• RV Loans Specialized financing for recreational vehicles including motorhomes and travel trailers.
• Boat & Watercraft Loans Financing solutions for boats, yachts, and personal watercraft.
• Off-Road Vehicle Loans Loans for ATVs, UTVs, snowmobiles, and other off-road recreational vehicles.
• Motorcycle Loans Financing for new and used motorcycles.
• Trailer Loans Loans for utility trailers, horse trailers, and other types of trailers.
• Personal Loans Unsecured personal loans for member expenses including debt consolidation, home improvements, or major purchases.
• Solar & Green Loans Financing for renewable energy and eco-friendly home improvements including solar panel installations.
• Student Loans Education financing for college and vocational school expenses.
• Small Business Checking Business checking account designed for small businesses with basic banking needs.
• Business Money Market Checking Business checking account with money market features earning competitive interest on balances.
• Business Analyzed Checking Business checking account with analysis services for businesses that have higher transaction volumes.
• Nonprofit Business Checking Checking account tailored for nonprofit organizations with special pricing and features.
• Client Trust Accounts IOLTA and escrow-style accounts designed for professionals managing client funds.
• Business Savings Savings account designed for business reserves and operating funds.
• Business Term Loans Fixed-term financing for business capital needs, equipment purchases, or business expansion.
• Commercial Real Estate Loans Financing for commercial property acquisition, development, or refinancing.
• Commercial Construction Loans Short-term financing for commercial construction projects.
• Commercial Vehicle Loans Financing for business vehicles including trucks, vans, and fleet vehicles.
• Business Lines of Credit Revolving credit facility for business working capital and short-term financing needs.
• SBA Loans Small Business Administration-backed loans providing government-guaranteed financing for eligible small businesses.
• Business Visa Credit Cards Credit cards designed for business use with expense management features and rewards programs.
• Wealth Management Financial planning and investment services for members building long-term wealth.
• Private Client Banking Premium banking services for high-net-worth members with personalized financial guidance.
• Life Insurance Life insurance products designed to protect families and beneficiaries, offered through ICCU Insurance Services.
• Auto Insurance Vehicle insurance products offered through ICCU Insurance Services.
• Homeowners Insurance Home insurance products for property protection offered through ICCU Insurance Services.
• Medicare Insurance Medicare plan comparison and enrollment assistance services for members approaching retirement.

Quantifiable outcome

• High-yield savings rates up to 3.20% APY
• +3 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

Feature7 records

Partnerships

Five partnerships are on record, tiered core and minor.

• LEAP HousingcoreStrategic or Co-development Partner · 23 December 2025ICCU partnered with LEAP Housing to develop Falcons Landing in Mountain Home, Idaho - a $5 million affordable workforce housing project. The development uses a community land trust model to provide long-term affordable housing including rental units and deed-restricted homeownership opportunities.
• Get Away Today Discount TravelminorGTM or Marketing PartnerICCU partnered with Get Away Today to offer members affordable rates on travel packages including theme parks, cruises, and beach resorts. Members access exclusive deals through referral link to support financial goals including vacation savings.
• Early Warning Services, LLC (Zelle)coreTechnology or IntegrationICCU integrates Zelle peer-to-peer payment service within its mobile banking app, enabling members to send and receive money quickly using email or mobile number. Zelle marks are owned by Early Warning Services, LLC.
• SavvyMoneycoreTechnology or IntegrationICCU powers its My Credit service through SavvyMoney, providing free credit score monitoring, credit reports, and daily change alerts for members. Uses TransUnion data and VantageScore 3.0 model.
• Pathward, N.A.minorOEM/ Whitelabel/ Licensing PartnerICCU prepaid Visa cards are issued by Pathward, N.A., a member of the FDIC, under license from Visa U.S.A. Inc. This enables ICCU to offer reloadable prepaid cards and gift cards.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• America First Credit Union: Large retail-focused credit union headquartered in Utah serving members across multiple western states. Directly comparable to ICCU in product breadth (checking, lending, cards, wealth, insurance), cooperative member-owned structure, and regional Pacific/Western US geographic focus.
• Mountain America Credit Union: Utah-based member-owned credit union offering full-service consumer and business banking, lending, mortgages, and wealth management across several western states. Highly comparable to ICCU on charter type, product mix, and multi-state regional strategy.
• Utah Community Credit Union: Community-focused credit union serving members primarily in Utah with full deposit, lending, and digital banking offerings. Comparable to ICCU on cooperative structure, community engagement, and consumer banking specialization in an adjacent western state.
• Deseret First Credit Union: Utah-based credit union providing personal and business banking, mortgages, and wealth services to members in the Intermountain West. Comparable on member-owned model and regional product offerings.
• Goldenwest Credit Union: Utah-based member-owned cooperative credit union offering full retail banking, vehicle and mortgage lending, and business services across Utah and surrounding states. Comparable to ICCU in scope, charter, and regional western US footprint.
• BECU: Large Washington-state based member-owned credit union with comprehensive consumer banking, mortgage, auto, and business lending products. Comparable to ICCU on cooperative structure, full product suite, and Pacific Northwest market overlap.

Broad incumbents

• Glacier Bancorp: Multi-bank holding company operating community banks throughout the western United States including Idaho, Montana, and Washington. Comparable to ICCU on regional Pacific Northwest presence, consumer/SMB banking focus, and multi-state franchise strategy.
• First Interstate BancSystem: Community-oriented bank holding company with branches across Idaho, Montana, Oregon, Washington, and other western states. Comparable to ICCU on geographic footprint overlap and consumer/SMB banking orientation, though structured as a for-profit bank rather than cooperative.
• PenFed Credit Union: Large federally chartered credit union offering nationwide consumer banking, mortgages, credit cards, and auto lending. Comparable to ICCU on member-owned cooperative structure and comprehensive product suite, though materially larger and operating at national scale.

Emerging players

• Alliant Credit Union: Large digital-first US credit union offering nationwide membership with full deposit, lending, and investment products. Comparable to ICCU on cooperative model and product breadth, but competes as a digital-only national alternative rather than a regional brick-and-mortar player.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/Idaho_Central
• Facebookfacebook.com/IdahoCentralCreditUnion

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Idaho Central Credit Union