Candidate Confirms $1M Credit Union Pledge

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.”