Illinois Credit Union League

  • Illinois CUs Get Fee 'Holiday' From $1.4 Million Suit Settlement

    Illinois credit unions are getting a $1.4 million payback from their regulator following settlement of a 2009 suit against former Gov. Rod Blagojevich in his ill-fated attempt to seize bank/CU examiner fees and move them into the state's general fund.

  • Awards

    The Credit Union Executive Society, Madison, Wis., named Ertis Blake, president of Communications & Other Workers of Jamaica Co-Operative Credit Union Ltd., Jamaica, as the 2010 CUES director of the year.

  • Illinois League Processor Debuting 'Family' Debit Card for Teens

    Citing what it calls the explosive growth of prepaid debit cards, the Illinois Credit Union League announced Thursday it is rolling out for client CUs a new "family card" designed for teens as a money management tool.

  • Following Tiny Illinois Merger, CEO Eyes Ongoing Trend

    Finalizing the merger of the tiny Champaign County Employees Credit Union, the CEO of its new parent, the $248 million University of Illinois Employees CU, said Thursday he sees no sign of changing trends impacting small CUs.

  • Illinois League Jump Starts 'Meet & Greet' Legislative Push

    With 25 freshmen members readying for next year's state legislature, the Illinois Credit Union League is using the holiday lull to ramp up its "meet and greet" program with lawmakers.

  • Community Events

    Addison Avenue Federal Credit Union, Sacramento, Calif., helped raise more than $14,000 for the Muscular Dystrophy Association at the annual Jerry Lewis MDA Telethon.

  • Corporate Aftermath: Trades Go All Out to Counter 'Bailout' Message

    Pulling out all the stops, the credit union trades were in damage control mode all last week to tamp down public worries about credit union safety and soundness and a "credit union bailout,"

  • Illinois League Chairman Urges 'Calm'

    NCUA's latest corporate seizure requires the industry to remain "calm and avoid knee jerk reaction" as it considers alternative moves to handle wholesale services, the chairman of the Illinois Credit Union League said today.

  • Scholarships

    Georgia Federal Credit Union, Duluth, Ga., announced the winners for its 2010 John F. Donoghue Catholic scholarships, created in honor of the archbishop who petitioned to add credit union benefits to members of the Archdiocese of Atlanta.

  • State Budget Cuts May Crimp Oversight; Arizona Down to Two State Examiners

    Crippling budget cuts have left Arizona with just two credit union examiners to handle 22 state-chartered CUs.

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