Enjoyed the favor of Herman Wells
Herman Wells' influence didn't stop at the doors of Indiana University. We at the IU Credit Union also have Dr. Wells to thank in part for our existence. Because we had heard Dr. Wells was instrumental in helping to get the IU Credit Union off the ground, I and several others from the credit union paid him a visit a few years ago. We took him a pot of his favorite black bean soup and enjoyed several hours reminiscing about the beginnings of the credit union, as well as other campus events.
In 1955 when a small group of faculty and staff members wanted to form a credit union, Dr. Wells made some phone calls to local bankers to make sure they did not object. Upon finding that they did not, he supported the IU staff members' efforts in arranging the organizational meetings. As a result, the Indiana University Employees Federal Credit Union was chartered in February 1956 and we have served the IU community ever since. We count ourselves fortunate to have enjoyed the favor of Herman Wells, and to have been able to chat with him about our very foundation.
From Remembering Herman B Wells, 1901-2000: www.heraldtimesonline.com, March 22, 2000
Thanks to the Bloomington Herald-Times for allowing Digital Wells to publish these excerpts from their archive.