FOR IMMEDIATE RELEASE

December 14, 2006

Contact: Robert Starcher
PetersGroup Public Relations
robert@petersgroupPR.com
(512) 794-8600

American Recovery Association Chosen as Sole Repossession Organization for Indiana Members Credit Union

Largest organization of recovery specialists to provide credit union with latest technology to simplify collateral repossessions

DALLAS , Texas – December 14, 2006 – The American Recovery Association, Inc. (ARA), the world’s largest organization of professional finance adjusters and certified recovery specialists, today announced they have been selected by the Indiana Members Credit Union as their exclusive provider of collateral recovery services.

With this selection, ARA is providing the Indiana Members Credit Union with their licensed recovery management software, powered by Recovery Database Network (RDN), a secure Web-based recovery management software application. The application serves as a facilitator of business-to-business electronic commerce between lending institutions and repossession related service providers. The credit union will also have access to ARA’s online directory made up of approximately 280 members with over 450 offices nationwide.

“We have worked with the American Recovery Association many times in the past through a local agency. It is a natural move for us to use them exclusively for our recovery needs,” said Joan Wolfe, Collections Department Manager for Indiana Members Credit Union. “We have always experienced a high level of professionalism and quality service while working with the association.”

RDN will provide the union’s collection agents with the ability to select a recovery specialist of their choice and communicate with them through ARA’s licensed software and Web site. This allows for real-time communication between collection agents and ARA members. Assignments can be added and updated immediately through online access and voice recognition over the telephone.

This capability enables ARA members to receive data offsite, while the collection agents are able to view collateral recovery information, condition reports, photographs and invoices.

“We take pride in the fact that Indiana Members Credit Union will experience the same caliber of service in another state as they have come to expect in Indiana ,” said Art Blanchette, President of General Adjusting Service, INC and 15 year ARA board member.

The Indiana Members Credit Union has 22 branches in Indiana and 1 branch in Colorado . ARA is providing its membership directory and software at no cost to the Indiana Members Credit Union.

For more information about the American Recovery Association, go to www.repo.org or call 972.755.4755.

About the American Recovery Association, Inc.

The American Recovery Association, Inc. (ARA) is the world’s largest organization of professional finance adjusters and certified recovery specialists. ARA members specialize in locating and repossessing collateral on behalf of lending institutions including banks, savings institutions, finance companies, credit unions, rental/leasing companies, and auto, truck and equipment dealers. A non-profit association, ARA has more than 280 members with 488 offices and serves 27,000 national and international cities. All members are certified independent business operators.

Every year ARA distributes free directories containing a comprehensive list of members by region served to lenders across the United States . For more information, call 504.738.6404, e-mail homeoffice@americanrecoveryassn.org, or visit the Web site at www.repo.org.
About Indiana Members Credit Union

Indiana Members Credit Union was chartered on February 15, 1956 to serve the employees families of the Indiana University Medical Center . Originally named Indiana University Medical Center Federal Credit Union, a charter expansion in 1987 subsequently included various other employee sponsor groups and the name changed to Indiana Federal Credit Union. Following the conversion to a state charter in 1997, the name ultimately changed to Indiana Members Credit Union. Indiana Members Credit Union’s goal is to provide members with low-cost products and efficient service. It is the largest credit union based in Indianapolis and regardless of how large, it continually strives to satisfy members' financial needs, while returning profits to them in the form of dividends and low-cost services. For more information, call 800.556.9268 or visit the Web site at www.imcu.com.

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