Premier Credit Union

Premier Credit Union is now operating under a new community charter. This change was implemented to allow more people to enjoy the many benefits of Premier Credit Union membership. Membership is now open to everyone who lives or works in Boone, Dallas, Jasper, Madison, Marion, Polk, Story or Warren County.

Premier Credit Union began as Bankers Life Employees Credit Union on September 11, 1933. The purpose of the credit union was to promote savings and in turn offer affordable loans to its members. Only employees and retirees of Bankers Life Company and their families were eligible to join the credit union.

In 1986 when Bankers Life Company changed its name to Principal Financial Group, the credit union subsequently changed its name to Principal Financial Group Employees Credit Union. The credit union's name changed again in 2001 to its current name, Premier Credit Union. This change was initiated for two reasons.