On March 23, 2021, Governor JB Pritzker signed the Illinois Community Reinvestment Act (ILCRA) into law, making Illinois the 2nd state to have a state-level CRA for all state-chartered credit unions. The ILCRA set forth the rulemaking requirements and authority of IDFPR, who is gathering information from the public before promulgating any rules and invites credit unions to participate by submitting written comments by December 31, 2021.
– IDFPR Public Meeting 09/18/21 (video)
– IDFPR Public Meeting 10/20/21 (video)
*Comment letters should be submitted on CU letterhead, emailed to [email protected]
– ICUL-Elements to include in CRA Rule
– CRA Template Letter for FCUs
– Sample Letter – Land of Lincoln
