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Veridian Credit Union

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Veridian Credit Union is a credit union in the U.S. state of Iowa with assets over 7 billion USD and a member base of over 340,000.[3]

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Its field of membership consists of:

Veridian was started in 1934 as John Deere Employees Credit Union in Waterloo, Iowa.[7][8] In 1984, it became the John Deere Community Credit Union of Waterloo when the local community were allowed to join.[7][8] In 1986, nearby residents in Cedar Falls also became eligible and it became the John Deere Community Credit Union.[7][8]

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.[7][8] Members voted to approve changing the name to Veridian Credit Union on August 21, 2005,[9] with official use beginning in January 2006.[7][8] Its name is derived from the words "verdant" meaning green and growing, and "veritas" which is Latin for truth.[10]

As of 2020, Veridian's current CEO and president is Renee Christoffer.[11][12]

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