John Deere Community CU Finds 'TheTruth'
WATERLOO, Iowa - (09/09/05) -- John Deere Community CU said it itsmembers have overwhelmingly approved a new name for the state'slargest credit union: Veridian CU. The name, chosen from more than500 potential monikers, comes from the words 'veritas,' meaningtruth, and 'verdant,' meaning green or growing. The color greenties the $1.1-billion credit union to its original sponsor Deere& Co. Earlier this year Deere & Co., asked three of thefour credit unions founded to serve it employees, which alsoincludes Deere Harvester CU, in East Moline, Ill., and DeereCommunity FCU, in Ottumwa, Iowa, to change their names so as not toimply any formal affiliation with the company. Only Deere &Company CU, in Moline, Ill., will be allowed to keep the Deere namebecause it is a single sponsor serving only companyemployees.