LLCU donates $25,000 to Homework Hangout Club, Inc. and pledges $25,000 per year for an additional two years
CEO Retirements Announced in Idaho, Illinois; Successors Named at Both CUs (click here to read) – In Bloomington, Ill., State Farm Federal Credit Union CEO & President Tom DeWitt has announced his plans to retire in August after 31 years with State Farm. Current SFFCU Chief Financial Officer Steve Gorrie will succeed DeWitt effective Aug. 1.
Earthmover CU Named Among Top100 CUs (click here to read) – Earthmover Credit Union (ECU) has been ranked #18 in S&P Global Market Intelligence’s Top 100 Credit Unions for 2021 in the United States. S&P Global Market Intelligence ranks the 100 best-performing credit unions across the nation. The ranking system is calculated using a combination of data points.
NuMark Credit Union Donates $750 to Women Employed (click here to read) – NuMark Credit Union chose International Women’s Day to help support Women Employed. This organization relentlessly pursues equity for women in the workforce by effecting policy change, expanding access to educational opportunities, and advocating for fair and inclusive workplaces to make the world a better place for us all.
Congratulations to Chicago’s FBCUA for Winning the 2022 Herb Wegner Award! (click here to view) – Learn about the amazing work they do!
1st MidAmerica Credit Union donates again to Child Advocacy Center (click here to read) – Credit Union officials presented the Child Advocacy Center with a check for $24,000 that it raised through its annual charity golf tournament.
NuMark Credit Union Gives One Million Dollars Back to Their Members (click here to read) – NuMark Credit Union started 2022 with a special bonus dividend totaling $1,000,000! NuMark’s volunteer Board of Directors granted a member bonus to thank their members/owners who are their biggest supporters.
West Side credit union fundraising effort surpasses $100,000 (click here to read) – The Leaders Network’s fundraising effort to open a credit union on the West Side has surpassed $100,000 —a goal they aimed to reach by Dec. 31st.
1st MidAmerica Credit Union recognized with two awards (click here to read) – Bethalto-based 1st MidAmerica Credit Union has been recognized with the Louise Herring Award at the state level, by the Illinois Credit Union League, and nationally, by the Credit Union National Association, for its Savings Tracker program.
NuMark is Awarded the Desjardins Youth Financial Education Award (click here to read) – NuMark Credit Union is the proud recipient of the 2020 Desjardins Youth Financial Literacy Award. This award comes after their work in providing a virtual financial literacy learning experience to young students during the COVID-19 Pandemic during 2020.
NuMark CU Gives Back to the Community – CU Kind Day & Mobile Food Truck Events (click here to read) – During this season of giving back, NuMark’s staff came together to support the community. They participated in the Illinois Credit Union League’s CU Kind Day and sponsored two Northern Illinois Mobile Food Trucks.
LLCU Provides a $20,000 Grant and Service Partnership to the City of Decatur for Housing Rehabilitation Program (click here to read) – Land of Lincoln Credit Union (LLCU) presented a check for $20,000 in grant monies to the City of Decatur. The grant funds will further supplement funds that the City is receiving through the Coronavirus State and Local Fiscal Recovery Funds, established by the American Rescue Plan Act (ARP) of 2021.
River Forest church gives $10,000 to credit union effort (click here to read) – In support of the Leaders Network’s effort to open a credit union on the West Side, Grace Lutheran Church recently donated $10,000 — the largest donation made out of the $62,000 that has been raised so far. Their goal is to raise $150,000.
The Rockford Area Chapter held it’s Annual Pay It Forward Event (click here to read)– The Chapter purchased coffee for everyone that came in to the Coffee House between 6:00 a.m. & 7:00 a.m.
Land of Lincoln Credit Union Donates $25,000 to Central Illinois Food Pantries (click here to read) – Land of Lincoln Credit Union (LLCU) is making a total donation of $25,000 to eight (8) different central Illinois area food pantries.
Illinois Credit Union League CU Kind® Day Helps Support Over 300 Local Organizations (click here to read) – A record sixty-six Illinois credit unions and partners joined forces with the Illinois Credit Union League on October 11, 2021 for CU Kind Day!
CUSO, 5 Credit Unions & United Way Join to Help in Hurricane Ida Recovery (click here to read) – The CUSO LSC announced on Tuesday a team effort with five credit unions and the United Way of Southeast Louisiana (UWSELA) to distribute help to families recovering from the devastating aftermath left behind from Hurricane Ida.
United Way and LSC team up with credit unions to assist families impacted by Hurricane Ida (click here to read) – LSC has joined with United Way to help benefit families impacted by Hurricane Ida. Over the course of several weeks, the two organizations worked alongside credit unions to provide over 2,500 gift cards to families.
United Way and LSC Team Up with Credit Unions to Assist Families Impacted by Hurricane Ida (click here to read) – LSC has joined with United Way to help benefit families impacted by Hurricane Ida.
Congratulations to Consumer Financial Protection Bureau’s New Advisory Committee Members! (click here to read) – CFPB announced the appointment of new members to the Consumer Advisory Board (CAB), Community Bank Advisory Council (CBAC), Credit Union Advisory Council (CUAC), and Academic Research Council (ARC). These committee members will advise Bureau leadership on a broad range of consumer financial issues and emerging market trends.
GCS Employees Donate $735 to OTHS Family for Families Fund (click here to read) – GCS Credit Union employees became a part of the giving ‘family’ by donating $735 to O’Fallon Township High School’s Family for Families Fund through their Growing Community Schools Jean Program.
SIU Credit Union donates $500K to SIU’s Touch of Nature (click here to read)– The SIU Credit Union presented a $500,000 check to SIU’s Touch of Nature Environmental Center at an event in the office of SIU Chancellor Austin Lane.
Park Manor Christian Church Credit Union Vaccination Clinic (click here to read) – Park Manor Christian Church Credit Union hosted a Vaccination Clinic at 8324 S. King Drive, Chicago Illinois 60619 on Saturday, August 21, 2021 in partnership with the Illinois Department of Public Health (IDPH), Illinois Emergency Management Administration (IEMA), and Illinois Credit Union League.
Credit Union Employees and Members Join Together to Celebrate Credit Unions with #ILoveMyCreditUnion (click here to read) – We all love credit unions. Maybe that’s a given, considering most of us work at credit unions or CUSOs, but that means we know exactly what makes credit unions special – like how they’re not for profit, are dedicated to their members, give back to their communities, and much more.
On CU Insight: Social media blitz makes credit unions a hot topic on social media this summer (click here to read) – On July 30, the Illinois Credit Union System (ICUS) rallied the credit union movement to create a digital “wave” that reached more than 22 million people on social media.
On About Your Online Magazine: Social Media Blitz Makes Credit Unions a Hot Topic on Social Media this Summer (click here to read) – “I’m thrilled by the viral impact of the conversations about credit unions on July 30. Credit unions make a real difference to their members because they put people over profits. I want to thank everyone who joined us to make this effort such a resounding success,” said ICUL President/CEO Tom Kane.
GCS Employees Donate $800 to Alton FCCLA (click here to read) – GCS Credit Union employees show their support for the Alton FCCLA through their Growing Community Schools Jean Program.
Jose Garcia, President/CEO of Northwest Community Credit Union Recognized as One of Chicago United’s Business Leaders of Color (click here to read) – Chicago United has announced its 2021 Business Leaders of Color. A group of 50 diverse, influential and accomplished individuals chosen from a highly competitive field of nominees, the individuals selected demonstrate a broad range of professional experiences and proven track records of success in numerous industries.
GCS Credit Union Celebrates 80 Years (click here to read) – Mayor Parkinson, Alderman Harrington, and City staff participated in GCS Credit Union’s Member Appreciation Day, celebrating 80 years of service to Granite City and the surrounding communities. Participants enjoyed a free hot dog, chips, and drink from GCS, thanking membership
for their continued loyalty.
America’s Best Credit Unions in Each State (click here to read) – Forbes partnered with market research firm Statista to produce our fourth annual look at the Best Credit Unions In Each State. Nearly 25,000 customers in the U.S. were surveyed for their opinions on their current and former banking relationships.
GLCU Presents “Summer Celebration!” (click here to read) – To kick off the summer, Great Lakes Credit Union (GLCU) will be launching the Summer Celebration Campaign! For every debit card transaction, GLCU will be making a donation to aid in conservation, preservation, and restoration of the Great Lakes and its natural surrounding habitats.
Elite Community Credit Union Joins Blessings in a Backpack RVC Fundraiser (click here to read) – Blessings in a Backpack RVC hosted a social media fundraiser for the 2021-2022 school year. Elite Community Credit Union helped by donating to the fundraiser.
5 Best Credit Unions of June 2021 (click here to read) – Credit unions often offer competitive financial products with better rates and fees than a typical bank. Here are the best credit unions you can bank with.
On CreditUnions.com: Cambio: the big change, marginalized America can now recover and rebuild (click here to read) – Cambio’s banking services alone save its members an average of $1,000 every year compared to using check cashers and money orders. To provide these savings, Cambio partnered with LSC, a payments and banking service, to serve as its bank of record, card issuer, and processor.
On CU Insight: Cambio: the big change, marginalized America can now recover and rebuild (click here to read) – Cambio, the mobile banking and financial recovery app, today unveiled its plans to lift the 90 million marginalized Americans who are ineligible for accounts, loans, or other basic financial services.
GCS Awards Nicole R. Thorp Scholarship (click here to read) – GCS Credit Union has recently awarded the $2,000 Nicole R. Thorp Scholarship to Kaylee McKinzie of Granite City High School. GCS was looking for applicants who receive good grades, have an opinion on effective money habits and who are actively involved in school and the community. Nicole R. Thorp, who the scholarship is named after, was a big believer in helping out where needed.
GCS Employees Donate $855 to Granite City Alumni Association (click here to read) – GCS Credit Union employees show their support for the Granite City Alumni Association through their Growing Community Schools jean program.
SXU’S NWCCU Moves into Graham School of Management (click here to read) – Northwest Community Credit Union (NWCCU) at Saint Xavier University (SXU) has moved into the Graham School of Management (GSM). The credit union, which began providing financial services to its members in 1939, offers a full roster of savings and loan products to its members and began its on-campus operations at SXU in 2016 with the goal of offering enhanced financial literacy for students while providing a real-world business experience.
Great Lakes Credit Union to Participate in Illinois Rental Payment Program (click here to read) – Great Lakes Credit Union (GLCU) is excited to announce their partnership with the Illinois Housing Development Authority (IHDA) to provide rental assistance to members and non-members who are unable to pay rent due to the COVID-19 pandemic.
Cornerstone Credit Union & the BBB host Free Community Shred Day June 5 (click here to read) – In an effort to help members and the community protect their identity by securely destroying sensitive personal information, Cornerstone Credit Union and the Better Business Bureau will partner for a Free Community Shred Day on Saturday, June 5th, at Cornerstone Credit Union’s main branch in Freeport, 550 W Meadows Drive, from 8:00 a.m. to 11:00 a.m.
United Credit Union Is At The Heart of The Southwest Collective’s Food’s Here Program (click here to read) – Grassroots Coalition of Big-Hearted Non-Profits, Philanthropic Food Distributors, Flexible Restaurant Owners and Staff, and Enthusiastic Volunteers Re-Distribute Surplus Food and Boost Neighborhood Pride For Thousands of Southwest Families
NuMark Credit Union Welcomes Lloyd Fredendall as New President & CEO (click here to read) – As a strategic collaboration, NorthStar Credit Union recently merged with NuMark Credit Union bringing two strong credit unions together to provide the best systems, products and services from both organizations.
Land of Lincoln Credit Union Partners with Springfield Area High Schools to Offer Financial Education and Donations to Students (click here to read) – Land of Lincoln Credit Union (LLCU) of Springfield launched a new financial education program called “First Step Initiative.”
Small businesses open their eyes to credit unions (click here to read) – When you practice the credit union motto of “people helping people,” your day doesn’t end at 5 p.m.
The credit union difference — people helping people (click here to read) – Credit unions are member-owned, not-for-profit community financial cooperatives that are vital alternatives for consumers.
Land of Lincoln Credit Union Partners with Don Sol Mexican Grill to Make Donation (click here to read) – Land of Lincoln Credit Union (LLCU) partnered with Don Sol Mexican Grill this past week to present over 440 faculty and staff in the Mattoon Community Unit District #2 with a voucher for free lunch at Don Sol.
Credit Union Leaders Graduate from Foundation’s Virtual DE Program (click here to read) – Congratulations to Julie Selof, Consumers CU, as one of the DE graduates!
Land of Lincoln Credit Union Makes Donation to Evans Public District Library in Vandalia (click here to read) – Land of Lincoln Credit Union (LLCU) presented a
$2,500 check to the Evans Public District Library in Vandalia, Illinois to contribute to the library’s ongoing New Building Fundraising project.
GLCU Supports the Underbanked Community (click here to read) – Great Lakes Credit Union (GLCU) is proud to announce their recertification with Bank On Chicago.
Get Money Smart with Free Virtual Webinars April 10-17 (click here to read) – This year, due to the pandemic, Money Smart Week (MSW), an annual program to promote financial literacy for all communities, will offer virtual events nationwide.
GLCU Presents Youth Savings Month (click here to read) – Great Lakes Credit Union (GLCU) invites your kids on a Jurassic journey to financial wellness. Get ready for a dino-mite Youth Savings Month this April! With this year’s theme, “Be a Credit Union Saver and Your Savings will Never Go Extinct,” GLCU’s young savers and their families will receive tips on how to be a Saversaurus and learn the importance of saving at a young age.
Libby Calderone: ICUL Services Corp. (click here to read) – League, Service Corp. focus on financial literacy.
Matt Helms: Corporate America Family Credit Union (click here to read) – Be a ‘rock’ for your members and community.
Alan Meyer: 1st Mid America Credit Union (click here read) – ‘Savings Tracker’ records financial benefit to members.
Luis Reyes: ELCA Federal Credit Union (click here to read) – Resourceful savings program matches member deposits.
Land of Lincoln CU Donates $7,000 to Several Central Illinois Police Departments to Spread Good Will (click here to read) – Land of Lincoln Credit Union (LLCU) has donated $7,000 in LLCU VISA® Gift Cards to several central Illinois Law Enforcement Agencies. The gift cards will be used, at the discretion of the patrolling officers, to spread good will throughout the community, offering them to citizens when they see a need.
Alloya Corporate FCU and TruLync™ Enter Strategic Partnership (click here to read) – Alloya Corporate FCU and TruLync, a wholly owned subsidiary of the Minnesota Credit Union Network (MnCUN), announced today that they have entered a strategic partnership under which Alloya Corporate will acquire TruLync’s item processing services. The transaction is expected to be completed by third quarter of this year.
GCS Employees Donate $1,245 to Triad National Honor Society (click here to read) – GCS Credit Union kicks off their 2021 Growing Community Schools jeans program by donating $1,245 to Triad National Honor Society.
Alloya Corporate Launches New Virtual Education Series (click here to read) – Alloya Corporate FCU is ringing in the new year with a new virtual education series, titled Link
Getting to Work: A Podcast of NCI Works (click here to watch) – ICUL’s Patrick Basler is featured in this podcast (episode 29)
Alloya Corporate Joins CUSO Trade Association to Bring Innovative Solutions to Membership (click here to read) – Alloya Corporate FCU is pleased to announce another strategic partnership as the newest member of the National Association of Credit Union Services Organizations (NACUSO).
League System Steps Up in Huge Way to Support Credit Unions During Pandemic (click here to read) – A recent American Association of Credit Union Leagues (AACUL) survey reveals the breadth and depth of support Leagues have provided to credit unions to help them effectively navigate the pandemic.
GCS Casual for a Cause Program Gives Back to 7 Organizations (click here to read) – GCS Credit Union employees joined together to raise $1,120 in the month of November. This generous donation helped impact seven organizations within our local community. GCS Credit Union’s Casual for a Cause program is funded solely by the staff members.
Kim Ervin Named President & CEO of Staley Credit Union (click here to read) – The Board of Directors of Staley Credit Union has named long-time executive, Kimberly Ervin, as their new President and CEO. Ms. Ervin will replace Karen Brown who will retire at the end of this year.
$30 Million Extraordinary Dividend Distributed to CEFCU Members (click here to read) – A $30 million Extraordinary Dividend was approved by CEFCU’s Board of Directors and distributed to the Credit Union’s member/owners.
Illinois Credit Union System partners with GreenPath (click here to read) – The Illinois Credit Union System (ICUS) is partnering with GreenPath to support Illinois credit unions in promoting financially healthy members.
Credit Union Leaders Graduate from Foundation’s Virtual DE Program (click here to read) – Fifty-nine credit union leaders were designated as Credit Union Development Educators (CUDEs) after completing the National Credit Union Foundation’s (the Foundation) Credit Union Development Education (DE) Training.
NuMark Credit Union Sponsors Meals for 100 + Local Families (click here to read) – NuMark is a proud supporter of the Northern Illinois Food Bank whose volunteers and staff are working relentlessly to help meet the high demand for food during the COVID-19 crisis.
Alloya Corporate Selects Alessa for Anti-Money Laundering Compliance & Fraud Prevention (Click here to read) – Alloya Corporate Federal Credit Union has announced a new partnership with CaseWare RCM, a provider of financial crime detection and prevention solutions, to enhance its compliance to anti-money laundering (AML) regulations under the Bank Secrecy Act (BSA).
Why investment Services Are Crucial to Your Members (click here to read) – Now, during a time of global pandemic and economic uncertainty, it may seem counterintuitive to focus on investments. Members are struggling economically and face nerve-wracking uncertainty. But this is exactly when these services and strong financial planning need to be present and proactive within credit unions.
Payment Lessons From the Pandemic (click here to read) – Members learned a lot about their payment options over the course of the COVID-19 outbreak. They discovered which of their cards are contactless—and which store terminals support tap-to-pay.
NuMark Credit Union Community Give Back to Local Restaurants (click here to read) – It is a challenging time for our communities and NuMark Credit Union is reaching out to help local restaurants by purchasing staff lunches twice a week from locally owned restaurants near their five branches.
Stepping Up to Support Credit Unions Fighting the COVID Crisis (click here to read) – Despite confusion when the pandemic began, trade groups adapt along the way, learn valuable lessons and develop best practices.
The Staff Of SIUE Credit Union Provided Lunch For The SIUE Police Department (click here to read) – On October 13, 2020, SIUE Credit Union participated in CU Kind Day, a state-wide initiative to spread kindness. The staff of SIUE Credit Union provided lunch for the SIUE Police Department.
Partnership Financial Credit Union Volunteers for CU Kind Day (click read) – Staff from Partnership Financial Credit Union (PFCU) partnered with Rise Against Hunger (https://www.riseagainsthunger.org/) as part of credit union volunteer activities around the state for CU Kind Day, launched by the Illinois Credit Union League.
Developing generations of leadership (click read) – Reading Melanie Murphy’s resume is like encountering a seasoned Army veteran adorned with row upon row of bars and medals.
United Community Credit Union Supports Community Amid Pandemic (click here to read) – United Community credit union in Chicago has embraced the credit union mission of “people helping people” in full amid the COVID-19 pandemic.
Illinois Credit Union League Organizes 2nd Annual CU Kind Day (click here to read) – In celebration of the second annual CU Kind Day, a state-wide initiative to spread kindness, the Illinois Credit Union League garnered support from 55 credit unions and partners across Illinois.
FBCUA Credit Unions collaborate to enhance member service through core processing (click here to read) – Ten faith-based credit unions serving minority communities within Chicago have worked together and pooled their resources for the past decade as the Faith Based Credit Union Alliance (FBCUA). This alliance is now announcing its latest collaboration to enhance member service by introducing new, or elevating existing, core processing services.
Ten Faith-Based Chicago CUs Use Funding to Upgrade Core Processing Solution (click here to read) – Ten faith-based credit unions here serving minority communities have announced upgrades and even new core processing services as part of an agreement under which they have pooled resources for the past decade as the Faith Based Credit Union Alliance (FBCUA).
Building Economic Capacity In Chicago’s South Side (click here to read) – Gregg Brown, CEO, South Side Community Federal Credit Union, discusses his credit union’s mission to equalize economic power and to fight poverty on Chicago’s South Side.
‘You’re truly doing God’s work’ (click here to read) – Faith-based credit unions embrace the power of collaboration.
CUNA experts join Ill. CUs for overdraft discussion (click here to read) – CUNA compliance and advocacy staff joined CUNA Mutual Group and the Illinois Credit Union League Thursday for a town hall meeting on overdraft rules and regulations.
Credit Union Professionals Gather Virtually for Alloya’s Sixth Annual Leadership Symposium (click here to read) – From September 10-11, a record-breaking 577 credit union professionals from 365 credit unions representing 28
different states gathered online for a Symposium like no one had ever seen.
Land of Lincoln Credit Union Donates $46,500 to the Boys & Girls Club of Decatur for New On-site Playground (click here to read) – Land of Lincoln Credit Union (LLCU) has donated $46,500 to
The Boys & Girls Club of Decatur for a brand new, state-of-the-art on-site playground.
Boost Convention News Releases (click here to read) – With inspiring speakers, deep dive sessions, virtual exhibit hall and demos, Boost also has league-specific sessions exclusively for each league’s credit unions.
Free small CU webinar series brings experts to talk pressing issues (click here to read) – CUNA and Leagues launched their Small Credit Union Webinar series Tuesday, a series of free weekly webinars that will run through Spring 2021.
GLCU Provides Support through COA Program (click here to read) – Chicago-area based Great Lakes Credit Union (GLCU) provides additional community support through
emergency rental and mortgage assistance for COVID-19 relief in partnership with the State of Illinois.
Cornerstone Credit Union Awards Five Scholarships to Local Students (click here to read) – Cornerstone Credit Union proudly announces the outstanding recipients of their 2020 Founders’ Scholarships
GCS Employees Donate $705 to the “No Child Wet Behind” Diaper Bank (click here to read) – GCS Credit Union employees joined together to raise $705 in the month of July to benefit the “No Child Wet Behind” Diaper Bank.
July 2020 Board Announcement – Midwest Members (click here to read) – Midwest Members Credit Union announced today that its Board of Directors elected Louis Bicanic III, current Executive Vice President, to succeed Gregory L Lyons as President/CEO, effective September 30th, 2020.
American Share Insurance Announces Management Team Change (click here to read) – Curt Robson, Vice President of Finance and Secretary/Treasurer, has retired from the Corporation.
Credit Union Ingenuity Amid COVID-19
Keeping the Faith During a Global Pandemic (click here to read) – Israel Methcomm Federal Credit Union has dedicated itself to being there for members during COVID-19. Take a look at their recent release for an inspiring example of “People Helping People.”
Alloya’s Annual Leadership Symposium to be Presented Virtually in 2020 (click here to read) – Due to COVID-19, the 2020 Credit Union Executive Leadership Symposium will be held
virtually from September 10-11.
Chicagoland’s GLCU invests $90,000 into local community (click here to read) – Chicago-area based Great Lakes Credit Union (GLCU) has provided $90,000 in direct funding to support the critical needs of those impacted through COVID-19 in our communities.
NuMark Credit Union Raises $2,500 for Northern Illinois Food Bank (click here to read) – NuMark is a proud supporter of the Northern Illinois Food Bank whose volunteers and staff are working relentlessly to help meet the high demand for food during the COVID-19 crisis.
Land of Lincoln Credit Union Donates $10,000 to Decatur Junior Football League (click here to read) – Land of Lincoln Credit Union (LLCU) donated $10,000 to the Decatur Junior FootballFilling Mr. Robson’s position is Peter Love, CPA. League in response to a recent burglary that depleted the league’s supply of equipment
Earthmover Credit Union Awards Four College Scholarships Totaling $4,000 (click here to read) – Earthmover Credit Union (ECU) recently awarded four Teen Investment Program college scholarships totaling $4000 to four local high school students.
Kankakee Valley Chapter of Credit Unions Donates to Northern Illinois Food Bank (click here for more details) – On July 11, 2020, food will be distributed to low-income community members at Fieldstone Credit Union on a first-come, first-served basis thanks to Kankakee Valley Chapter of Credit Unions.
GCS Employees Donate $770 to Leaps of Love (click here to read) – One way GCS gives back to the community is with our monthly jeans program, called Casual for a Cause. Staff are able to make a monthly donation to a local charity or organization and in return wear
jeans to work on Fridays and Saturdays.
CUNA, Other Groups Found Diversity Equity and Inclusion Collective; Illinois’ CUs Join AACUC’s ‘Commitment to Change’ (click here to read) – CUNA announced it is among the founding organizations of the Credit Union Diversity, Equity and Inclusion (DEI) Collective, a group within the credit union movement devoted to furthering DEI.
AACUC Collaborates with the Illinois Credit Union System to Honor Juneteenth (click here to read) – In Honor of Juneteenth, LSC of the Illinois Credit Union System (ICUS) has joined AACUC’s Commitment to Change: Credit Unions Unite Against Racism. LSC is sponsoring 100 individual memberships for LSC and Illinois Credit Union League credit union partners to join AACUC.
Credit Union Ingenuity Amid COVID-19
The two-fold process of fostering relationships with state and federal regulators (click here to read) – Teamwork is crucial during uncertain times. Recently, it helped address the broad nature of an authorization by the Secretary of the Department of Financial & Professional Regulation that exempts field of membership as a requirement to participate in any government program (including PPP) based on a referral from another credit union.
Money Talk Radio Show: Illinois Credit Union League with Tom Kane (click here to listen) – Listen in to Money Talk for an exclusive interview with the President/CEO of Illinois Credit Union League, Tom Kane.
The Illinois Credit Union System Promotes Team Spirit While Giving Back During COVID-19 (click here to read) – ICUS came up with a fun and engaging contest aimed to lift staff spirits while benefiting a local animal shelter.
GCS Giving Community Support Project (click here to read) – GCS Credit Union is giving back to the community with our Giving CommUNITY Support Project.
Cornerstone Credit Union donates $21,000 to Community Organizations through FHLBank COVID-19 Relief Program (click here to read) – Cornerstone Credit Union (CCU) was a recipient of a $20,000 grant as part
of the Federal Home Loan Bank of Chicago’s (FHLB) COVID-19 Relief Program, designed to support its member institutions and the communities they serve in Illinois and Wisconsin directly impacted by the current pandemic.
Credit Union Ingenuity Amid COVID-19
GCS Employees Donate $1,100 to Gateway Regional Medical Center (click here to read) – GCS Credit Union employees joined together to raise $1,100 in the month of May to benefit Gateway Regional Medical Center.
Illinois CUs provide millions in relief to members during pandemic (click here to read) – Illinois Credit Union League President/CEO Tom Kane appeared on CUBroadcast recently to discuss ways the League is helping credit unions continue to assist members.
United Credit Union Awards $20,000 COVID-19 Relief Grant to Chicago Teachers Union Foundation and Grow Your Own Chicago…. (click here to read) – United Credit Union, in partnership with the Federal
Home Loan Bank of Chicago (FHLBank Chicago), are proud to award a $20,000 grant that will be equally split between the Chicago Teachers Union Foundation and Grow Your Own Chicago in support of their mission and to
help them during the COVID-19 pandemic.
Payments: The Need For Speed (click here to read) – Faster transactions are on consumers’ radar like never before. In payments, fast can be defined in a single word: immediate.
Credit Union Ingenuity Amid COVID-19
3 questions with LSC’s Libby Calderone (click here to watch) – CUInsight Publisher & CEO Lauren Culp is joined by Libby Calderon, President and COO at LSC, for a quick interview with just 3 questions about the COVID-19 crisis.
ICUL’s Tom Kane Shares Illinois Credit Unions’ COVID-19 Response (click here to watch) – Illinois Credit Union League President/CEO Tom Kane joined CU Broadcast to share the credit union COVID-19 response in Illinois.
Aurora woman purchases pizza for community giveaway: ‘I just hope it’s a little bit of sunshine’ (click here to read) – The restaurant had posted about its financial predicament during the COVID-19 pandemic, and the message turned and turned in Graves’ mind. Still thinking about it early one recent Sunday morning, she came up with an idea: she would buy 100 pizzas from the restaurant to give out free to the community.
How to Embrace the Uncertainty of Today’s Health and Economic Crisis (click here to watch) – Jim explains that there is no new normal during this COVID-19 crisis because the one constant in life is change and that’s what we’re going through right now — on an extreme level. He explains how to embrace this uncertainly, as well as its importance to help us down the road.
LSC’s Calderone Talks COVID-19 Fraud, Rise of Contactless Payments, and Looming Collections Strategies (click here to watch) – LSC President/COO Libby Calderone joined us on the show to discuss a myriad of COVID-19 topics including the latest fraud threats, rise of contactless and digital payments, prepaid cards performance, and a high-level overview on the looming collections efforts on the horizon.
Top 10 Financial Processes Financial Institutions Need to Digitize During COVID-19 (click here to watch) – Director of Security Solutions Will LaSala shares his insights on how banks and credit unions are quickly digitizing processes that have thus far remained manual and paper-based.
NuMark Credit Union Promotes the Positive During COVID-19 (click here to read) – Get inspired by all the ways NuMark Credit Union is serving its members and community during COVID-19.
WCCU : How One Small Credit Union is Handling the Crisis – We are there during open hours. We ask they call ahead of time so we only have one in the office at a time. We are doing some curb service and using our drop box a lot more. We keep the front door locked. We have a small table for signing. 1 chair near by for older members to sit. No one is allowed pass the little table. We of course have hand sanitizers, wipes and disinfect. Only two of us working.
CUs in Illinois, Florida Helping Address Shortage of Medical Masks (click here to read) – A number of credit unions nationally have gotten involved in helping to fill the national shortage of surgical masks during the coronavirus pandemic.
Credit Union Ingenuity Amid COVID-19
Leagues foster collaborative solutions to threat (click here to read) – Credit unions are well-positioned to show leadership and to assist Americans affected by the crisis.
GAC20 Interviews: ICUL’s Patrick Basler on How to Navigate the Landscape of Compliance, Advocacy, and Giving (click here to watch) – Patrick Basler, COO of the Illinois Credit Union League, joined us in the Studio Lounge to share his insights on navigating the landscape of compliance, advocacy, and giving to nurture the credit union movement.
Emerging health threats test business continuity planning (click here to read) – Whether it’s an emerging threat like coronavirus (COVID-19) or an ever-evolving challenge like influenza, a public health crisis can test your readiness to maintain operations. Monitoring disease outbreaks, local conditions, and the status of your business continuity plan are essential steps to stay prepared.
Data security, MBL changes, modernizations lead Hill visit discussions (click here to read) – More than 5,500 credit union advocates could be seen in every Congressional office building in Washington, D.C. Wednesday as credit unions concluded the annual CUNA Governmental Affairs Conference (GAC) with meetings with nearly every House and Senate office.
Northwest Community CU Partners with the IL Hispanic Chamber of Commerce (click here to read) – The two organizations developed a partnership whereby the financial products and services of NWCCU would be made available to all members of the IHCC.
Inclusiv & AACUC Celebrate Black History Month 2020: African American Credit Unions Build Strong Communities (click here to read) – In honor of Black History Month, Inclusiv and the African-American Credit Union Coalition are celebrating African American credit unions, highlighting personal stories that exemplify the many ways in which African American credit unions help build more prosperous communities and diversity strengthens our movement.
GCS Employees Volunteered Nearly 1,000 Hours in 2019 (click here to read) – In 2019, GCS Credit Union generated nearly 1,000 employee volunteer hours through their Caring for our Community program.
UICCU Announces Chief Risk Officer (click here to read) – Vermillion’s responsibilities include a broad portfolio of functions designed to maintain the integrity of UICCU’s continued efforts to identify, monitor and mitigate key risks facing the credit union and be accountable for enabling the efficient and effective governance of significant risks, and related opportunities.
DuPage Credit Union’s 2020 We’ve Got Your Back®: backpack fundraiser is off to a hot start (click here to read) – DuPage Credit Union launched its 2020 We’ve Got Your Back backpack fundraiser to benefit local students by kicking it up a notch with a team chili cook-off on January 29th at its Operations Center in Naperville.
Great Lakes Credit Union Expands Initiatives to Serve Under-Banked In Illinois (click here to read) – Great Lakes Credit Union (GLCU), a Chicago-area based not-for-profit financial cooperative was recently honored by the National Credit Union Association (NCUA) as a certified Low Income Designated credit union.
GCS Employees Donate $860 to Without Limits Dance Company (click here to read) – GCS Credit Union employees joined together to raise $860 in the month of January to benefit Without Limits Dance Company.
Area credit union donates $1,000 to Centralia Police to help spread good will (click here to read) – Land of Lincoln Credit Union (LLCU) announced they have donated $1,000 in LLCU Visa Gift Cards to the Centralia Police Department. The gift cards can be used, at the discretion of the police force, to spread good will throughout the Greater Centralia community, offering them to citizens when they see a need.
Great Lakes Credit Union Announces Housing Counselor New Hires (click here to read) – Great Lakes Credit Union (GLCU) is pleased to announce two new additions to the Housing Counseling team. Stephanie Ban and Violet Flemenbaum recently joined GLCU as Housing Counselors.
Alloya Corporate FCU Announces 2020 Partnership with Suze Orman (click here to read) – Alloya is excited to announce our 2020 partnership with Suze Orman, America’s Personal Finance Expert.
NuMark Credit Union Honors Veterans by Raising Over $24,000 for Wreaths Across America (click here to read) – NuMark Credit Union Board Members participated in the Wreaths Across America wreath-laying ceremony on Saturday, December 14th at Abraham Lincoln National Cemetery in Elwood. NuMark has a special connection with the organization, because NuMark’s volunteer Board of Directors are all Veterans.
NuMark Wins First Place National Award (click here to read) – NuMark Credit Union won First Place in the State and National Competitions for the 2019 Dora Maxwell Social Responsibility Community Service Award.
CUNA News: Illinois CU system empowers more to Join Open Your Eyes campaign (click here to read) – This year, LSC is making two payments – the first for $150,000 will pay for 187 Illinois credit unions to be a part of the initiative and the second contribution for $200,000 to support the Illinois campaign launch in early 2020.
Select Employees Credit Union Presents Check for the Women’s Health Foundation (click here to read) – For the fifth year, Select Employees Credit Union staff commemorated Breast Cancer Awareness month in October, raising $962 in honor of or in memory of individuals who battled breast
CU Today: Illinois League, LSC Contribute $350,000 to Open Your Eyes Campaign (click here to read) – The Illinois Credit Union League and its subsidiary, LSC, have announced an additional $350,000 contribution to underwrite CUNA’s Open Your Eyes to a Credit Union campaign in Illinois.
CUInsight: The Illinois Credit Union System empowers more Illinois Credit Unions to join CUNA’s Open Your Eyes to Credit Union® Campaign (click here to read) – The Illinois Credit Union League and LSC® are excited to announce that LSC is making a significant contribution towards the launch of Open Your Eyes to a Credit Union® in Illinois.
The Illinois Credit Union System Empowers More Illinois Credit Unions to Join CUNA’s Open Your Eyes to Credit Union® Campaign (click here to read) – The Illinois Credit Union League and LSC® have announced LSC is making a significant contribution to the launch of Open Your Eyes to a Credit Union®.
DuPage Credit Union Awards 25 Color Grants to Local Teachers (click here to read) – DuPage Credit Union recently awarded a total of $10,000 in grant monies to twenty-five DuPage County teachers through its Classroom Color Grant program – which helps fund innovative projects and purchase materials for local classrooms.
The CUInsight Experience podcast: Tom Kane – CIA to CEO (click here to listen) – ICUL President and CEO Tom Kane speaks about the three things that credit unions need to do to stay relevant.
Scott Credit Union Paying Out Bonus Dividend, Loan Interest Rebate (click here to read) – Scott Credit Union has declared a bonus dividend and loan interest rebate that will return more than $1 million to members.
LLCU hires Lisa Wilson as a Mortgage Loan Officer in Effingham (click here to read) – Land of Lincoln Credit Union is excited to announce the hiring of Lisa Wilson as a Mortgage Loan Officer (MLO) at our Effingham Branch.
CEFCU $50 Million Extraordinary Dividend in 2019 (click here to read) – This year CEFCU member/owners shared an Extraordinary Dividend of $50 million.
Credit Union 1 Announces New President/CEO Todd Gunderson (click here to read) – Gunderson will succeed Paul Simons, long time President/CEO retiring at year end and serve on the Board of Directors for the $one billion credit union headquartered in Illinois with branch operations in Indiana and Nevada.
LLCU Hires Ben Austin as New Chief Information Officer (CIO) (click here to read) – Ben Austin will be responsible for ensuring effective, efficient and secure technology solutions for throughout the credit union.
Paul Simons, President/CEO of Credit Union 1 Announces Retirement (click here to read) – Paul Simons, President/CEO of Credit Union 1, headquartered in Illinois, also with branch operations in Indiana and Nevada announced his retirement effective year end 2019.
6th annual WREX Freeport Food Drive a Huge Success! (click here to read) – This was the third year the drive was held at Cornerstone, and the donations have increased year after year.
Cornerstone Credit Union hosts 6th annual WREX Freeport Food Drive (click here to watch) – On November 8, 2019, community members are welcome to bring food and monetary donations for Freeport food pantries to Cornerstone Credit Union from 6am-6pm.
CUInsight : Illinois Credit Union League partners with Coopera to study future demographics of Illinois (Click here to read) – This partnership is part of the Illinois Credit Union League’s wider mission to support diversity, equity and inclusion (DEI) initiatives within the credit union movement.
Illinois Credit Union League Partners with Coopera to Study Future Demographics of Illinois (click here to read) – A partnership between the Illinois Credit Union League and Coopera
will produce a study outlining underserved financial markets in Illinois, as well as a glimpse into the future demographics of the state.
PODCAST: The changing payments landscape (click here to watch) – LSC provides guidance on becoming ‘top of wallet’ among members.
Ransomware and cloud safety among CUs’ top cybersecurity fears (click here to read) – Tom Kane and Libby Calderone contribute to this October report on cybersecurity from Credit Union Journal.
Centralia, IL new branch now open for business (click here to read) – Banking is all about convenience, and now Land of Lincoln Credit Union (LLCU) has opened a new location in the heart of Centralia, Illinois, offering accessibility for more members in the central-southern region of the state.
Introducing Alloya Solutions: Rebrand of Alloya Corporate FCU’s Wholly Owned CUSO (click here to read) – To further strengthen the connection between Alloya’s wholly owned CUSO and the corporate, the CUSO will be renamed Alloya Solutions, effective January 1, 2020.
National Credit Union Month – The CU Difference (click here to view) – ICUS highlights what makes credit unions different from other financial institutions.
Lunching local: Credit unions in the community (click here read) – CU Kind Day was launched by the Illinois Credit Union League. Over 2,400 credit union volunteers from 60 Illinois CUs joined together to help contribute to their communities.
Employee Input Critical to CU’s New Bright, Airy Headquarters (click here to read) – IH Mississippi Valley Credit Union has officially opened its new headquarters here, a four-story building described in one local report as “bathed by lights of nearly 100 colors.”
CU Kind Day impacts more than 20K across Illinois (click here to read) – More than 60 Illinois credit unions participated in CU Kind Day Oct. 14, a day of service designed to put the credit union motto of “people helping people” into action.
GCS Employees Donate $1,055 to Belleville Area Humane Society (click here to read) – GCS Credit Union employees joined together to raise $1,055 in October to benefit Belleville Area Humane Society through their monthly Jean’s Day program.
CU Kind Day Post on the Naperville Patch (click here to view) – Overall, a total of more than 2,400 credit union volunteers impacted well over 20,000 individuals throughout the state.
Day Dedicated to Spreading ‘Kindness’ by CUs Expanding in 2019 (click here to read) – Organizers are reporting more credit unions will be adopting the concept of dedicating one day to spread kindness in their communities this year, with the concept expanding to two more states in 2019
Credit Union Kind Day (click here to watch) – “It’s really what credit unions do everyday – all around the state and all across the nation – is give back to their community,” said President and CEO of ICUL Tom Kane.
CU Kind Day Launches in Illinois as Credit Unions Join Together to Make a Difference in Their Communities (click here to read) – The Illinois Credit Union League launched CU Kind Day on October 14, with over 60 Illinois credit unions joining together to spread kindness in communities across the state.
Leagues/CUs Hike the Hill in support of SAFE Banking, other priorities (click here to read) – Credit union leaders from six states visited Washington, D.C. during a busy week in the Nation’s Capital, discussing credit union concerns with policymakers as the House was preparing for its historic vote on the Secure and Fair Enforcement (SAFE) Banking Act.
NuMark Credit Union Packs Onions for Hunger Action Month (click here to read) – Did you know that onions are among the most sought after food for families? NuMark Credit Union had the opportunity to partner with the Northern Illinois Food Bank to help deliver that very item.
Illinois Credit Union League rolls out digital cybersecurity training platform by BrightWise (click here to read) – A partnership between BrightWise and the Illinois Credit Union League will make online cybersecurity training more accessible to Illinois credit unions. This move is part of the Illinois Credit Union League’s wider mission to support the credit union movement in Illinois by bringing together the latest technology and resources to help credit unions succeed.
NCUA, CUNA, Illinois League All Offering Resources During National Cybersecurity Month (Click here to read) – NCUA, CUNA, the Illinois league and other organizations are offering a number of resources, information and more as part of National Cybersecurity Awareness Month during October.
Inclusiv Announces Expansion of the Juntos Avanzamos Network to 100 Credit Unions (Click here to read) – Inclusiv announced the expansion of the Juntos Avanzamos network to 100 credit unions. This expansion reflects the credit union industry’s support for Juntos Avanzamos and financial inclusion.
GCS Employees Donate $725 to Glen ED Pantry (Click here to read) – GCS Credit Union employees joined together to raise $725.07 in the month of September to benefit Glen Ed Pantry.
KCT Credit Union Earns Recognition for Supporting Illinois Community Schools and Providing Financial Literacy Resources to Members (clicker here read) – Anyone who’s experienced money issues knows that financial difficulties can pop up at the worst possible moments. Read how KCT helps people succeed financially through products and educational resources.
Educating on CU Difference creates advocacy success in Illinois (click here to read) – Educating more than 50 state legislators on the credit union difference is part of a strong advocacy program for the Illinois Credit Union League (ICUL).
An ‘aha!’ Moment – “True Believer” Drives Credit Union’s Success (click here to read) – Elizabeth Rose, VP Marketing, at Vibrant Credit Union has been named a CUNA 2019 Rock Star. She is what you’d call a “true believer” in credit unions.
Passionate for Social Media (click here to read) – Gilberto Vaquero from Andigo Credit Union received recognition as a CUNA 2019 Rock Star. Gilberto Vaquero’s enthusiasm for social media and the credit union movement is strengthening Andigo Credit Union’s brand.
87 People Graduate From CUNA Management School (click here to read) – IL credit union team members are among the eighty-seven graduates from CUNA Management School who now hold Certified Credit Union Executive (CCUE) designations.
Want to be a leader? ‘Find your voice’ (click here to read) – While women represent the majority of employees in credit unions, they’re not represented in leadership roles at the same level, says Libby Calderone, president of ICUL Service Corp.
GCS Credit Union Donated over $30,000 to Honor Flight (click here to view) – GCS Credit Union had a goal to raise $25,000 to fly an entire plane of veterans through the Greater St. Louis Honor Flight. With the help of over 50 sponsors and 110 golfers, GCS Credit Union proudly exceeded this goal.
CUNA Management School – 2019 Illinois Graduates (click here to view) – Congratulations to the graduating class of 2019 at the CUNA Management School and to the new CCUE’s here in Illionis!
ICUL Hosts Advocacy Training Session (click here to read) – The Illinois Credit Union Leagues (ICUL) partnered with CUNA and CUNA Mutual Group to host an advocacy training session, CU CAFÉ, which was held July 24-25 at the ICUL office in Naperville. The session serves as an educational event to cultivate and develop credit union enthusiasts.
Financial education reduces stress for staff, members (click here to read) – Last year, the Illinois Credit Union System (ICUS) set out to determine where its 120 employees experience the most financial anxiety in an attempt to alleviate their stress levels and improve their overall health.
GCS Awards Nicole R. Thorp Scholarship (click here to read) – GCS Credit Union has recently awarded the $2,000 Nicole R. Thorp Scholarship to Lydia
Sheridan of Granite City High School.
Rock Valley CU Plants 1,200 trees in our National Forests (click here to read) – RVCU is committed to providing members with Anytime, Anywhere Banking – 24/7/365 – through technology. One initiative for 2019 is to encourage more members to enroll in eStatements because of the safety and security features, but more importantly the impact it makes on our environment.
NCUA board member Harper visits Illinois League (click here to read) – NCUA board member Todd Harper meets with Illinois Credit Union League staff and Illinois credit union leaders.
Cornerstone Cares (click here to read) – Cornerstone Credit Union is committed to supporting programs and not-for-profit organizations that make a positive impact in the community. Their focus includes fostering partnerships with other community service organizations relating to health, hunger, home ownership, and financial education.
Earthmover Credit Union Awards Four College Scholarships Totaling $4,000 (click here to read) – Earthmover Credit Union (ECU) recently awarded four Teen Investment Program college scholarships totaling $4000 to four local high school students.
PODCAST: Putting members first (click here to listen) – ‘People should use their money the best way they can,’ says KCT CU President/CEO Mike Lee.
NCUA McWatters Speaks at ICUL’s 89th Convention (click here to read) – CUNA News shares on the ICUL 2019 Convention. This year’s convention focused on credit unions working together to empower their communities.
Scott Credit Union wins national marketing award (click here to read) – Scott Credit Union has received a national honor, garnering a Credit Union National Association (CUNA) Diamond Award for marketing. The award was presented recently at the annual CUNA Marketing & Business Development Conference.
Northwest Community Credit Union Is Focused on Fitness… Financial Fitness (click here to learn more) – In honor of Financial Literacy Awareness Month, Northwest Community Credit Union (NWCCU) held a financial fitness session at Saint Xavier University (SXU) in Chicago. The focus of the event was to help students build their financial future with some basic strategies and skills. NWCCU has a student run, on-campus branch at SXU.
More Than 800 At Illinois League Meeting Get Update On Need for Advocacy (click here to read) – More than 850 people turned out for the Illinois CU League’s 89thannual meeting here. Among those addressing the meeting was then NCUA Chairman (now board member) J. Mark McWatters, who was the opening keynote, as well as Kevin Smith from TEAM Resources and Andy Janning, a popular speaker, author, and photographer.
Highlights of the ICUL 2019 Annual Convention Shared by CreditUnions.com (click here to read) – CreditUnions.com, powered by Callahan & Associates, shares highlights of the 2019 Annual Convention. These include advocacy, updates from NCUA, and the CUNA Awareness Initiative.
CUInsight shares on Mark McWatters Opening at the Illinois Credit Union League 89th Annual Convention (click here to read) – ICUL was honored and privileged to welcome NCUA Chairman Mark McWatters as the opening speaker at the convention. Attendees eagerly listened to important updates from the National Credit Union Administration shared by Chairman McWatters.
Illinois League’s Tom Kane Discusses 2019 Plans to Educate State Legislature on Credit Unions (click here to watch) – Illinois Credit Union League President/CEO Tom Kane joined CUbroadcast in the State National booth at GAC to talk about the League’s 2019 plans to educate new legislators on the value of credit unions and CUNA’s “Open Your Eyes” awareness initiative
PODCAST: Conversations at the 2019 CUNA GAC (click here to listen) – Tom Kane, President/CEO of ICUL, joins CUNA staff at the 2019 CUNA Governmental Affairs Conference to discuss advocacy issues.
Illinois credit unions among CUs that flooded social media with #CUDifference hashtag during Hill visits (click here to read) – Credit unions wrapped up another successful, record-breaking CUNA Governmental Affairs Conference Thursday with the last of their visits to Capitol Hill. During the week credit union advocates visited with every Congressional office to tell stories about the credit union difference and support legislation that would allow them to serve members better.
Illinois Credit Union League staff among the 5,200-plus CU leaders to visit Capitol Hill on behalf of members (click here to read) – Credit unions could be spotted in every single Congressional building on Capitol Hill Wednesday as more than 5,200 credit union leaders visited with elected officials to tell stories about the credit union difference.
Illinois Credit Union League attended CUNA GAC and learned how CUs, Congressional supporters can help each other serve members (click here to read) – Credit union support for political candidates can make a big difference, especially in a close election. CUNA Deputy Chief Advocacy Officer for Political Action Trey Hawkins led a discussion Tuesday at the CUNA Governmental Affairs Conference (GAC) showing firsthand how credit unions can work on behalf of their supporters in Congress.
Ill. League, CUs talk CFPB rules, reg. burden with Director Kraninger (click here to read) – Illinois credit unions and the Illinois Credit Union League had the opportunity to meet with Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger in Chicago on Monday, the latest meeting between credit unions and the new director.
League-initiated legislation yields significant fee credits for Illinois credit unions for the ninth consecutive year (click here to read) – The Illinois Credit Union League is pleased to report the margin threshold has been surpassed for the State’s fiscal year ending June 30, 2018, entitling state-chartered credit unions to an excess over margin regulatory fee credit for the ninth year in a row.
Illinois’ State Charters To Again Get Credit Toward Regulatory Fees (click here to read) – CUtoday discusses the significance of Illinois’ state-chartered credit unions receiving a credit toward their regulatory fees.
Library Branch Long Overdue (click here to read) – The Kane County Teachers Credit Union in Elgin is connecting with the community by opening a branch in a local library.
CEFCU $50 Million Extraordinary Dividend (click here to read) – CEFCU member/owners shared an Extraordinary Dividend of $50 million in 2018.
CU young professionals reflect on CUNA advocacy training (click here to read) – Keith Sias, ICUL senior vice president of government affairs, joined the fall panel of CUNA’s advocacy training program for young professionals in Washington, D.C.
CUs from 9 States ‘Hike the Hill’ to Visit Congress, Agencies (click here to read) – It was a busy week in Washington, D.C. for credit unions, as five credit union leagues representing nine states came in for Fall “Hike the Hill” visits to discuss credit union issues with legislators and regulators.
National Credit Union Foundation Approves 9 Biz Kid$ Financial Education Grants (click here to read) – The National Credit Union Foundation’s board of directors has approved 9 new Biz Kid$ Financial Education Grants for 2018-2019, totaling $53,100. These grants are distributed to encourage credit union organizations to use Biz Kid$ and its curriculum to improve students’ financial well-being.
Maximizing Your Retirement Money: Consider A Credit Union (click here to read) – This September 2018 article from Retire AheadTM features Illinois Credit Union League CEO Tom Kane on how credit unions help members get the most out of their retirement funds.
Land of Lending: Illinois’ Credit Union Creativity (click here to watch) – Illinois Credit Union League CEO Tom Kane discusses community outreach, innovative auto lending, and the upstate/downstate vibrancy of Illinois’ CU movement. (August 2018)
Latest ADA Decisions Highlight FOM’s Controversial Role (click here to read) – An Illinois District Court judge has added to the growing number of dismissed lawsuits alleging various credit unions’ websites violate the Americans with Disabilities Act, and a Georgia District Court judge has thrown out some — but not all — of another lawsuit making similar claims. (August 2018)
PODCAST: Data is a ‘matter of survival’ (click here to watch) – In the age of information revolution, credit unions need to adopt a data strategy that will allow them to gain a better understanding of their members before they make decisions. Learn more in this interview with ICUS President and CEO Tom Kane. (August 2018)
70 Years and Going Strong (click here to read) – This year marks the Central Illinois Credit Union’s 70th anniversary. President Cheryl Merkel shares how the credit union has been successfully serving its members. (August 2018)
News from CUNA: Victory for Illinois credit union with ADA case dismissal (click to read) – A lawsuit against Aurora-based Aurora Policeman CU (APCU) was dismissed by Judge Thomas M. Durkin of the U.S. District Court for the Northern District of Illinois for lack of standing. Similar predatory lawsuits have detrimentally impacted credit unions nationwide alleging non-compliance with the Americans with Disabilities Act (ADA). (August 2018)
KCT Credit Union’s New Branch to Promote Financial Literacy in Community (click to read) – KCT Credit Union’s downtown Elgin branch is now open! This new opportunity allows KCT to be at a location in the midst of the community, where both non-profits will work together to provide financial literacy education to all ages, in order to help people live better lives financially. (August 2018)
Interview with ICUS President and CEO Tom Kane in Credit Union Magazine (click to read) – “Back to the Basics” article features an interview with ICUS President and CEO Tom Kane about how to establish an effective cybersecurity program. (August 2018)
Illinois League Joins Guatemalan CU Relief Effort (click to read) – The Worldwide Foundation for Credit Unions in partnership with the Illinois Credit Union League and ICUL Service Corporation is putting a call out to the movement to provide aid for Guatemalan peer credit unions, their employees and members to provide immediate disaster relief support. (July 2018)
IBJ Q&A with Tom Kane (click here to read) – Tom Kane, president and chief executive officer of the Illinois Credit Union League, answers questions about the league and the legislative and compliance challenges facing credit unions. (June 2018)
CUSO provides pathway to growth (click here to read) – CUNA News inquires into how CULS works with credit unions. CU Loan Source (CULS) is a unique loan participation model that originates and services prime fixed-rate auto loans from franchise dealerships in 10 states. (May 2018)
CU Broadcast interview with Patrick Basler from ICUS (click here to watch) – Patrick Basler, EVP, Chief Strategy Officer at ICUS, joins a discussion on auto loan trends and challenges to credit unions.
Interview with ICUL’s Tom Kane on Challenges for Credit Unions Pursuing Solutions on Their Own (click to watch) – Illinois Credit Union System President/CEO Tom Kane joined the Studio Lounge to discuss growing challenges for credit unions that pursue solutions on their own. A refreshing take on this topic as only Tom would have. (April 2018)
Ill. annual convention attracts more than 650 advocates (click to read) – The Illinois Credit Union League (ICUL) welcomed more than 650 attendees and nearly 200 exhibitors to for its their 88th annual convention, April 19-21. This year’s convention focused heavily on the league’s continuing state and federal advocacy efforts. (April 2018)
Credit union regulatory relief and S.2155 (click to watch) – Sean Rathjen, CEO of Consumers CU (right) and Alan Meyer, CEO of 1st MidAmerica CU, discuss the merits of the Advocacy and Economic Growth bill. (March 2018)
GAC Interviews: Illinois Credit Union System’s Tom Kane Addresses Growing ADA Litigation Concerns (click to watch) – ICUS President and CEO Tom Kane joins the Studio Lounge to discuss current credit union ADA litigation and his League’s experience with ADA Legislation. (March 2018)
Impact of ADA Lawsuits (click to watch) – ICUS President and CEO Tom Kane explains the impact of recent ADA lawsuits on credit unions. (March 2018)
GAC Interviews: Illinois Credit Union League’s Keith Sias Discusses More ADA Concerns for CUs (click here to watch) – Illinois Credit Union League SVP, Governmental Affairs Keith Sias discusses ADA litigation in the state of Illinois and how credit unions throughout the country can protect themselves. (March 2018)
GAC Interviews LSC’s David Griffiths on Leveraging Technology to Offer Exemplary Service (click here to watch) – How can credit unions leverage technology to enhance service? LSC EVP/COO David Griffiths addresses this question during an interview on the Studio Lounge. (March 2018)
GCS Credit Union Donates $1,165 to Partners for Pets (click to read) – GCS Credit Union employees joined together to raise $1,165 in the month of February to benefit Partners for Pets. (February 2018)[/vc_column_text][/vc_column][/vc_row]