CEDAR RAPIDS, IA, December 12, 2016 – Linn Area Credit Union has been recognized with a #1 national ranking from Callahan & Associates, an independent research firm specializing in the credit union industry.
The top ranking was for the Return of the Member (ROM) scoring system. The ROM metric considers three core credit union functions: savings, lending and product usage. The calculation indicates how well a credit union serves its members and the impact it has on the community. Credit unions are divided into groups by asset range.
“We’re so proud and thrilled to be #1 in the nation when it comes to returning value to our members,” says Jenny Lorenz, President and CEO of Linn Area Credit Union. “Linn Area’s mission is to help people accomplish their financial goals, and we do everything we can, every day, to make sure our members’ needs are met.”
Linn Area Credit Union was the only Iowa credit union in its asset range ranked in the top ten.
About Linn Area Credit Union
Founded as the Cedar Rapids Teachers’ Credit Union in 1935, Linn Area Credit Union has five locations and serves nearly 25,000 members in 22 counties. The credit union’s mission is to partner with people to help them accomplish their financial goals and achieve their dreams. To learn more, visit www.linnareacu.org.
About Callahan & Associates
Callahan & Associates is dedicated to helping the credit union industry thrive. Our team of experts provides leading research, analytics, networking, and consulting solutions. More than 4,000 credit unions and industry suppliers rely on us for the latest data, actionable insights, and benchmarking tools to develop their competitive advantages and achieve their strategic goals. To learn more, visit www.callahan.com.