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Screengrab of United Credit Union website. Screengrab of United Credit Union website. (Source: United CU)

As 32,000 teachers and other public school workers went on strike Thursday in Chicago, a credit union with ties to those teachers stretching back to 1930 was ready on Day 1 to offer its members strike loans.

United Credit Union of Chicago ($221.9 million, 19,064 members) has worked out a loan that has interest payments guaranteed by the Illinois Federation of Teachers.

Jim DuPlessis

A journalist for decades.

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