Second Federal Credit Union opened its doors in Chicago Sept. 21, assuming the footprint of a 130-year old failed thrift.
Governor, attorney general, NCUA Board member welcome re-opening of a small banking office that has served Chicago neighborhood for 130-plus years.
State joins New York, federal laws that waive requirement for on-screen and physical notice of fees.
On Aug. 16, Illinois Gov. Pat Quinn signed into law H.B. 1572, which amends the state’s Credit Union Act to establish a fair and consistent civil penalty assessment process.
Amendment includes conditions that allow for penalty assessment.
Rantoul-based credit union includes legislature in SEGs, offers to help if governor follows through with pay ban for lawmakers.
The Illinois Credit Union League said it played a central role in advancing new legislation, establishing a fast track or expedited foreclosure process to remedy abandoned residential properties.
New legislation expedites foreclosure process for abandoned residential properties.
Gov. Pat Quinn addresses conference in Chicago of the American Association of Credit Union Leagues.
Gov. Pat Quinn signs measure into law; Chicago-area CUs getting the first crack at taking in municipal deposits.