ICUF September 2025 Newsletter
September 18, 2025 -

Giving Back

Official Newsletter of the Illinois Credit Union Foundation

September 2025     Volume 22, Issue 9
       

For a PDF version of this newsletter, click here.

ICUF Hosts BankOn & Non-Custodial Accounts Webinar Oct 28 – Register Now

Join us for a free webinar to learn more about BankOn and Non-Custodial Accounts on October 28 at 1:00 p.m. Our guest speaker, Tracy Frizzell, Executive Director, Economic Awareness Council, oversees the BankOn Chicago program. She will provide information on how to create savings and/or checking accounts which can be BankOn certified. In addition, she will discuss opportunities to work with teens to open non-custodial accounts (typically foster youth) to provide a valuable service to an often-overlooked population. This session will be recorded and shared with everyone who signs up. Register Today!

Financial Education Outreach

The Credit Union Financial Education Network (CUFEN), formerly known as the National Youth Involvement Board (NYIB), collects information from credit unions regarding their financial education outreach for all ages to compile national and state-level statistics. They open the reporting system once per year in late June, early July to collect data for the most recent period.

Illinois Outreach – 2024/2025

# Youth Reached 31,538
# Presentations for Youth 677
# Adults Reached 20,063
# Presentations for Adults 540
# CUs Reporting 24

Thank you to the following credit unions for submitting reports:

1st Mid America CU
Abri CU
BCU
CEFCU
Consumers CU
Corporate America Family CU
Credit Union 1
Financial Plus CU
Great Lakes CU
IAA CU
IH Mississippi Valley CU
Illinois Educator CU
Land of Lincoln CU
Members Alliance CU
Members First CU
NuMark CU
Oak Lawn Municipal ECU
Peoria City ECU
Revity CU
SIU CU
Streator Onized CU
Taylorville Community CU
University of Illinois Community CU
United Equity CU

 

NCUF Announces 2026 DE Program Dates – Registration Opens October 20

The National Credit Union Foundation announced dates for the 2026 DE Program.  Since 1982, the Credit Union Development Education (CUDE™) program and its international alumni network have transformed the culture, strategy, outreach and impact of the credit union movement. Upon completion of the DE Program, individuals earn their CUDE designation and join over 3,000 credit union advocates from around the world.  The 2026 DE Program registration will open during October.

In-Person:

Virtual:

ICUF Golf Classic Raises $40,000+

A huge thank you to the 90+ golfers and an array of sponsors who helped raise more than $40,000 for the ICU Foundation during our annual golf outing on August 27, 2025 at Bliss Creek Golf Course in Sugar Grove.


Ticket Sales Underway for ICUF Annual Raffle

The ICU Foundation will conduct its Annual Raffle again this year, and we need your help selling tickets!  The drawing will take place at ICUL Annual Convention on Friday, October 24 at 10:00 am in the exhibit hall. Contact Melanie to request a supply of tickets to sell to your members and staff.

Financial Education in Other Languages & CU Compliance

ICUL’s Director of Compliance, Shannon Basile, recently shared a blog about what credit unions need to consider when offering financial education information (presentations or materials) in other languages. You’ll need to login to the ICUL website to access the compliance blog post

Foundation Questions?

Contact Melanie Murphy at 224-407-0440 or [email protected].

       

REMINDERS

ICUF Scholarships & Grants

The ICU Foundation offers Grants of up to $10,000 to cover a wide variety of projects to help credit unions grow and expand their services. ICU Foundation Scholarships can be used for a wide variety of education programs. All ICUL-affiliated CUs are eligible, and applications are accepted year-round. We encourage you to apply early in the year since funds are available and awarded on a first-come, first-served basis. Check out the scholarship & grant details online.

Reality Fair Programs

Teen Reality Fairs teach students how to manage money and the importance of a budget or spending plan. The Bite of Reality program and resources, offered by the ICU Foundation at no cost to credit unions, is available in a variety of formats (app-based, computer-accessible, and paper packets).  Retirement Reality Fairs are similar to Teen Fairs except the participants can use their real-life situations instead of pretend scenarios when planning for the future. The Retire on Track program and resources are provided by the ICU Foundation at no cost to credit unions. Learn about Reality Fairs & Access FREE Resources

       

2025 Events & Important Dates

October 24

Annual Raffle Drawing – Hilton Chicago & Towers
Live drawing is held in the Exhibit Hall

November 19

ICUF Exploring Why Workshop (Springfield)
Calling all Credit Union Enthusiasts – join us for a fantastic 1-Day Workshop to dig into principles and philosophy!

January 1 to December 31

Foundation’s Annual Support Campaign
Our most important fundraiser which provides unrestricted support to the Foundation – donations accepted year-round

 

ICU Foundation Board of Directors

Chair – Michelle Balog, NuMark CU

Vice-Chair – Kerriann Mills, BCU

Secretary/Treasurer – Susan Toalson McGinty, U of I Community CU

Lou Bicanic, Midwest Members CU

Janel Cabadas, Earthmover CU

Dr. Joronda Crawford, Israel Methcomm FCU

 

Mark Dietrich, Revity CU

John Fiore, Consumers CU

Hope Garrett, Education Personnel FCU

Tom Pierce, Access CU

Amber Scott, 1st MidAmerica CU

 

Ex Officio Directors:

Libby Calderone, ICUL President/CEO

Joe Kregul, ICUL Board Chair

Michael Abraham, ICUL Board Vice-Chair

Jose Garcia, ICUL Board Treasurer

Pete Fauth, ICUL Board Secretary