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Two Republicans who chair House and Senate financial committees are alarmed by the announcement.

CEO says the bank’s 120-year legacy of service to the community will be taken to the next level by the credit union.

If approved, Fred Robinson would lead the merged organization and Charles Elliott would serve as chief advocacy officer.

NCUA data shows 22,016 branches and other locations as of Dec. 31 — one more than at the end of 2019.

Financial groups assert that the Illinois Interchange Fee Prohibition Act is preempted by federal law.

Chair Hauptman says he’s working to eliminate outdated or overly burdensome regulations.