new coach p.k. o'handley brought immediate changes to the black hawks landscape in 2002-03, and waterloo won their first division championship in 23 years with a 38-17-5 record and finishing two points behind the lincoln stars in the anderson cup race. the next season brought the hawks' first ushl clark cup championship win, and the first league title of any kind since 1979, despite finishing 4th in the eastern division. once again, o'handley's leadership brought a title in 2007, this time the anderson cup, the first-ever regular season title for the black hawks in the junior era. the team was one game away from winning the 2007 clark cup, before they were beaten 3-0 by the sioux falls stampede in the championship game, and in the 2008 clark cup finals lost 4-3 to the omaha lancers in overtime in the final game of the series. waterloo was edged again in a five-game finals series by the green bay gamblers in 2012 and once more in 2014 by the indiana ice. however, the hawks did celebrate additional anderson cups in 2013–14 and 2017–18.