Veridian Credit Union


Veridian Credit Union is a credit union in the state of Iowa, USA, with assets over 2.76 billion USD and a member base of over 190,000. In December 2014, Veridian was the largest credit union in Iowa and the 59th largest credit union in the United States.
Its field of membership consists of:
Veridian was started in 1934 as John Deere Employees Credit Union in Waterloo, Iowa. In 1984, it became the John Deere Community Credit Union of Waterloo when the local community were allowed to join. In 1986, nearby residents in Cedar Falls also became eligible and it became the John Deere Community Credit Union.
In 2004, Deere & Company asked the credit union not to use "John Deere" in its name to avoid trademark and company confusion because it was no longer affiliated with the company. Members voted to approve changing the name to Veridian Credit Union on August 21, 2005, with official use beginning in January 2006. Its name is derived from the words "verdant" meaning green and growing, and "veritas" which is Latin for truth.
As of the end of 2018, its current CEO and president is Monte Berg.