Multi-millionaire Bruce Rauner, who is running for governor of Illinois, confirmed his pledge to support South Side Community FCU's microlending program with a $1M investment.

A multimillionaire vying for the Illinois’ governor’s seat has pledged to invest $1 million of his personal fortune in South Side Community Federal Credit Union to show his support for the $3.3 million dollar Chicago cooperative and its micro-lending program.

Republican gubernatorial candidate Bruce Rauner, founder of the Chicago-based investment firm GTCR, issued the $1 million promise during a recent community meeting in response to a question from the audience. When Rauner’s campaign office was contacted by the CU Times, spokesperson Lyndsey Walters said the candidate plans to live up to his pledge and is “working on getting it done within a month.”

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.