ANKENY and WATERLOO, Iowa – Deere Community Credit Union is poised to merge with $848 million John Deere Community Credit Union on June 1. DCCU President Dennis Skelton said the merger with John Deere, the largest in the state with more than 104,000 members, means more branches, more resources and a greater capability to compete in an area he describes as a “marketplace that has been saturated with banks.” “We are in a position to provide additional services to members,” Skelton said. “The merger allows us the opportunity and helps to secure our own future. When the merger is finalized, Skelton will assume the role of vice president of strategic planning and development. Jean Trainor is the president/CEO of John Deere Community CU. Assets and membership for the combined credit unions would be more than $1 billion and more than 120,000, respectively. DCCU is the eleventh largest credit union in Iowa. [email protected]

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.