As a not-for-profit financial cooperative, Veridian is owned by the people who use our products and services – our members. Earnings are returned to our members through better rates and lower fees. Members also democratically elect their fellow members to serve as unpaid volunteers on our Board of Directors. This helps ensure that decisions at the highest level are made in the interest of our members.
We're also a Community Development Financial Institution (CDFI), as certified by the U.S. Treasury. CDFIs are financial institutions that share a common goal to expand economic opportunities in low-income communities and demonstrate a mission to promote community development, provide both financial and educational services, and show accountability to underserved markets.
In 1934, John Deere Employees Credit Union was founded in Waterloo, Iowa, by a handful of John Deere employees.
Mission, Vision & Values
Veridian Credit Union is committed to our members and strives in every interaction to exceed expectations.
Credit Union Difference
While credit unions and banks offer similar products and services, there are big differences in the way they're structured.
Statement of Commitment
As a member-owned, not-for-profit financial cooperative, Veridian Credit Union is committed to our members.