IU Credit Union today announced that longtime President & Chief Executive Officer Bryan Price will retire in April 2027, concluding four decades of service to the credit union.

Following a comprehensive national executive search, the IU Credit Union Board of Directors has named Andy Allard, the credit union’s Chief Operating Officer, as its next President & Chief Executive Officer. Price has served as President and CEO since 2007, having previously held the positions of Chief Financial Officer and Executive Vice President. During his tenure, IU Credit Union has experienced significant growth, becoming one of Indiana’s largest credit unions, with more than $2 billion in assets and nearly 75,000 members. Throughout that growth, Price has remained committed to the credit union’s member-focused mission, financial strength, and longstanding tradition of community involvement.

“On behalf of the Board of Directors, I want to express our sincere appreciation to Bryan for his exceptional leadership and dedicated service to IU Credit Union,” said Scott Smart, Chair of the IU Credit Union Board of Directors. “For nearly four decades, Bryan has played an instrumental role in shaping the credit union into the strong, respected financial institution it is today. His commitment to our members, employees, and the communities we serve has made a lasting impact.

We are equally excited about the future under Andy’s leadership. Following an extensive national search, the Board is confident that Andy’s experience, knowledge of our organization, and commitment to our mission make him the right person to lead IU Credit Union into its next chapter.” Allard has served as IU Credit Union’s Chief Operating Officer since 2007 and has played an integral role in the organization’s strategic direction, operational growth, and ongoing commitment to serving its members. His extensive experience and familiarity with the credit union’s operations, employees, and culture will provide continuity as the organization transitions to new leadership. “I am honored to have the opportunity to serve as IU Credit Union’s next President & CEO,” said Allard. “Bryan has provided outstanding leadership and built a strong foundation for our future. I look forward to working with our talented employees and Board of Directors to build upon that success, continue enhancing the experience we provide our members, and strengthen our commitment to the communities we serve.”

Effective January 1, 2027, Allard will assume the role of President and Chief Executive Officer. Price will remain with IU Credit Union until his retirement in April 2027, working closely with Allard and the Board of Directors to ensure a smooth and seamless leadership transition.

About IU Credit Union Founded in 1956, IU Credit Union is a member-owned financial cooperative headquartered in Bloomington, Indiana. With more than $2 billion in assets and nearly 75,000 members, IU Credit Union provides a comprehensive range of financial products and services, including consumer and mortgage lending, business services, checking and savings accounts, investment services, and digital banking. IU Credit Union is committed to improving the financial well-being of its members and supporting the communities it serves.

Bryan Price

Andy Allard