Certificates & Designations

Certification and Designations can be a gateway to serving targeted communities; financial assistance is often available to support credit unions in this important work. Discover insights on how to obtain these certifications and designations as well as a list of Illinois credit unions that are proudly hold this unique certifications and designations.

Community Development Financial Institution (CDFI)

CDFI Certification is your gateway to the CDFI community, a network of mission-driven institutions that serve and empower economically distressed communities. This translates into real change for the communities and people who need it most.

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Minority Depository Institution (MDI)

MDI's are owned and controlled by minority groups, and they provide financial services to people who may not have access to traditional banking institutions. MDIs offer a variety of financial products and services, including checking and savings accounts, loans, mortgages, and investment products. They also offer financial education and counseling services to help their customers achieve their financial goals.

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Low-Income Designation (LID)

Credit unions can qualify as a low-income designated credit union if a majority of its membership meets certain low-income thresholds based on data available from the U.S. Census Bureau.

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Juntos Avanzamos

Committed to serving and empowering Hispanic communities, Juntos Avanzamos credit unions are different! Hispanic and immigrant consumers are a large and vibrant part of the U.S. economy, but many avoid financial institutions because they’ve had bad experiences in the past.

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Bank On

The CFE Fund’s national Bank On platform supports local coalition and financial institution efforts to connect consumers to safe, affordable bank accounts.

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Current designation holders in Illinois:

Berean CU
Community Plus FCU
CTAFC FCU
Fellowship Baptist Church CU
Israel Methcomm FCU
Maroon Financial CU
Members First Community CU
Park Manor Christian Church CU
South Side Community FCU
St. Helena Parish CU
Unified Homeowners of Illinois FCU
Vicinity CU
77th Street Depot FCU
Berean CU
Bethel AME Church CU
Chicago Avenue Garage FCU
Community FCU
CTAFC FCU
Fellowship Baptist Church CU
For Members Only FCU
Gideon FCU
Imperial CU
Israel Methcomm FCU
Mt. Zion CU
MWPH Grand Lodge of IL FCU
Northside L FCU
Park Manor Christian Church CU
Sherwin Williams ACU
Shiloh Englewood FCU
South Side Community FCU
St. Helena Parish CU
St. Mark CU
St. Martin De Porres Parish FCU
Unified Homeowners of Illinois FCU
Vicinity CU
1st MidAmerica CU
77th Street Depot FCU
Altonized Community FCU
Ambraw FCU
Archer Heights CU
Area Educational CU
Berean CU
Central Illinois CU
Central CU of Illinois
Chicago Area Office FCU
Chicago Avenue Garage FCU
Community FCU
Community Plus FCU
Corporate America Family CU
Credit Union 1
CTA-74th Street Depot FCU
CTAFC FCU
Education Personnel FCU
ELCA FCU
Fellowship Baptist Church CU
Fox Valley CU
Generations CU
Gideon FCU
Great Lakes CU
Harvard Community CU
IH Mississippi Valley CU
Illinois State CU
Imperial CU
Israel Methcomm FCU
Land of Lincoln CU
Loyola University EFCU
Maroon Financial CU
Maternity BVM CU
Members First Community CU
Midwest Members CU
Mt. Zion CU
MWPH Grand Lodge of IL FCU
New Century FCU
NICE FCU
Northern Illinois FCU
Northside L FCU
Park Manor Christian Church CU
Pilgrim Baptist CU
REVITY CU
Sherwin Williams ECU
Shiloh Englewood FCU
SIU CU
South Side Community FCU
St. Gregory Parish CU
St. Helena Parish CU
St. Mark CU
St. Martin De Porres Parish FCU
The Credit Union For All CU
Tee Pak CU
Trinity UCC FCU
Unified Homeowners of Illinois FCU
University of Illinois Community CU
Vibrant CU
Vicinity CU
Fox Valley CU
Great Lakes CU
Illiana Financial CU
Vicinity CU
Alliant CU
Catholic & Community CU
Earthmover CU
Great Lakes CU
SIU CU
Streator Onized CU
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