Growth at Idaho Central Credit Union

Authors
Robert J. Tokle, John Lancaster, Joanne G. Tokle
Region
North America
Topic
Accounting & Finance
Economics
Length
13 pages
Keywords
Growth
financial services
credit unions
Forecasting
Copyright Holder
Society for Case Research
Student Price
$4.00
Target Audience
Graduate Students
Undergraduate Students

Idaho Central Credit Union (ICCU) was the largest Idaho-based credit union by asset size in the state in 2021, with assets exceeding $7.5 billion. ICCU was established in 1940 and grew at rates comparable to other Idaho credit unions for the first fifty years of its operation. Beginning in 1990, however, ICCU’s performance and growth far exceeded that of other Idaho credit unions, and by 2020, was the 32nd largest credit union in the nation. This descriptive case asks students to analyze this exceptional growth and consider what challenges may lie ahead for ICCU.

Learning Outcomes

In completing this assignment students should be able to: 

  1. Analyze trends in credit union growth.
  2. Analyze strategies for achieving growth.
  3. Explain the concept of economies of scale and discuss its implications for credit union industry structure.
  4. Identify and discuss challenges to future growth.