ICUL Service Corporation
May 2012



System governance groups elect officers

CU champion lawmakers recognized at Legislative Day

82nd Annual Convention honors numerous individuals/CUs

Upcoming Events

System governance groups elect officers
Election of new officers for the Illinois Credit Union (ICU) Foundation, Credit Union Political Action Council (CUPAC) and Illinois Youth Involvement Council (IYIC) took place at the 82nd Annual Convention last month. 

The ICU Foundation held its annual meeting and elected its officers.  They included: David Mooney, CEO, Alliant Credit Union, Chicago as ICU Foundation Chairman; Tom Pierce, CEO, Midwest Operating Engineers Credit Union, Countryside as Vice Chairman; and Michael Lee, President, Midwest region, Alloya Corporate Federal Credit Union, Warrenville as Secretary/Treasurer.  Current board members include: Geraldine Burek, CEO, South Division Credit Union, Evergreen Park; Peggy Cummins, CEO, Three Rivers Community Credit Union, Mt. Carmel; John Fiore, CEO, Motorola Employees Credit Union, Schaumburg; Janet Francoeur, CEO, Riverside Community Credit Union, Kankakee; Tom Lex, COO, Heartland Credit Union, Springfield; and Greg Worthen, director of lending, 1st MidAmerica Credit Union, Bethalto.

In addition, CUPAC elected new officers at its annual meeting held in conjunction with the convention.  Officers elected to one year terms included: John Fiore, CEO, Motorola Employees Credit Union, Schaumburg as CUPAC Chairman; Brenda Crane, COO, Credit Union 1, Rantoul as CUPAC Vice Chairman; Pete Fauth, Vice President/CFO, Financial Plus Credit Union, Ottawa, as CUPAC Treasurer; and RaeAnn Love, CEO, Commonwealth Credit Union, Bourbonnais as CUPAC Secretary.  Board members for 2012 include: Christine Dickover, AVP, Cook County Branches, Great Lakes Credit Union, Country Club Hills; Mike Frye, Chairman, Shell Community Federal Credit Union, East Alton; Frank Padak, CEO, Scott Credit Union, Collinsville; Robert Schroeder, CEO, Illinois Community Credit Union, Sycamore; and Karen Woods, Marketing Director, Decatur Earthmover Credit Union, Decatur.

Lastly, the IYIC re-elected its executive committee, also during the convention.  The members included: Jeri Hanson, President, Danville Consolidated Credit Union, Danville as Chairman; Wednesday Medlen, Business Development/Membership Officer, Community Plus Federal Credit Union, Rantoul, as Vice Chairman; and Susan Bentley, Business Development Coordinator, Advantage One Credit Union, Morrison, as Secretary/Treasurer.

CU champion lawmakers honored at Legislative Day
At its annual Legislative Day event, the Illinois Credit Union League (ICUL) took time to honor two credit union champions who will be retiring at the end of the Spring session of the Illinois General Assembly (IGA).

The recognition occurred as part of a new luncheon for the event held at the President Abraham Lincoln Hotel and Conference Center in Springfield.  More than 110 credit union activists from throughout the state were in attendance.

The first lawmaker to be honored was Illinois State Representative Lisa Dugan (D-79, Kankakee).  Janet Francouer, Class A Director representing District 2 on the ICUL board and also CEO of Riverside Community Credit Union (RCCU) in Kankakee conducted this presentation.

Dugan has served in the Illinois House of Representatives for the past nine years.  Since taking office, she has committed herself to being an involved, engaged, accessible, and responsible advocate for the people of the 79th District.   Whether it is working on legislation in Springfield or helping local residents access state services and programs, Dugan has remained devoted to responsive constituent service and a full-time, independent-minded Representative who has always put community first.  In fact, she has been quoted as saying: "My goal as State Representative is to bring people together to find common sense solutions to the challenges we face."

Rep. Dugan has made community service the foundation of her life. She has served on over fifty boards and community planning organizations around Kankakee County and the surrounding region.  She also volunteered time to raise funds for many local non-profit agencies.

During her time in office, Dugan has served on numerous House committees.  Although her committee appointments have not necessarily been directly related to credit unions or financial institutions, she could always be counted on as a great advocate for our movement.  Dugan understands credit unions because she is a credit union member herself, and a director on the board of Riverside Community Credit Union since 1989.

"It is my pleasure to be here this afternoon to honor Representative Lisa Dugan for her service to the Kankakee Valley Chapter of Credit Unions, as well as, her service as a member of the Board of RCCU," said Francoeur.  "I would like to acknowledge what an honor and privilege it has been to have her serve on our board, but we feel even more honored to be able to recognize her larger support of the credit union movement as our State Representative."

The second Illinois legislator to be honored was Illinois State Representative Joseph Lyons (D-19, Chicago, assistant majority leader).   Providing remarks about Rep. Lyons was Paul Simons, CEO, Credit Union 1.  Whether Representative Lyons is a co-worker, fellow lawmaker, lobbyist, or acquaintance, "Fair… Honest… A true champion of credit unions"  is how people describe Lyons.  As a fellow representative once quoted  "There is no more dignified member of this chamber than Joe Lyons."

His introduction to credit unions came 25 years ago, when he was asked by the chief administration officer at the Cook County Department of Human Resources to find a credit union for the agency.  Little did Lyons know at that time that by selecting Credit Union 1 he was destined for a career on the credit union board of directors.  He has served on the board of Credit Union 1 for over 25 years as chairman of the marketing/ membership committee and on the credit committee.  Working with the credit union became a great educational experience for Lyons.  He would help educate county employees about credit union financial programs and philosophy. 

Then in 1996, Lyons jumped into the Illinois General Assembly, where he has risen from freshman lawmaker to serving on numerous committees, as Illinois Speaker of the House Michael Madigan’s majority conference chairman, and now serves as assistant majority leader today.

Representative Lyons proudly displays an "I Love My Credit Union" button in his office, but this doesn’t stop him from supporting the entire financial industry and becoming the chairman of the House Financial Institutions Committee.  Despite his obvious ties to the movement, they knew Lyons would be fair when working to benefit Illinois consumers.

"Joe, we are going to deeply miss you as our champion for credit unions in the Illinois General Assembly," said Simons.

"It has been a great pleasure to have individuals such as Lisa and Joe in the Illinois General Assembly with a strong, on-going business orientation toward the needs of our credit unions," said Dan Plauda, ICUL President/Chief Executive Officer.  "The credit unions of the State of Illinois have sincerely appreciated their service as distinguished members of the Illinois House of Representatives and as board members of their credit unions.  They are true credit union champions and their presence will be missed tremendously."

82nd Annual Convention honors numerous individuals/CUs
The Keynote and Awards Program at the Illinois Credit Union League’s (ICUL) 82nd Annual Convention provided the means for numerous credit unions and individuals to be honored.   They included: 

Desjardins Awards.  Scott Credit Union (Collinsville) was honored in both the youth and new adult categories for this award for more than $500 million in assets.

Dora Maxwell Honorees.  The following were acknowledged for their participation: $100 - $200 million: first place, Streator Onized Credit Union (Streator).  This credit union also placed second in the national competition.  In addition, Financial Plus Credit Union (Ottawa) received second place in this category. $200 - $500 million: first place, GCS Federal Credit Union (Granite City); and in the more than $500 million asset category: first place went to Scott Credit Union (Collinsville).

Hall of Fame Inductee.  One individual was inducted this year into the Illinois Credit Union Hall of Fame with a leadership award – Jack Teausant, CEO of Financial Plus Credit Union (Ottawa).

Illinois Credit Union Foundation Commemorative Awards.  The Foundation recognized one individual.  Donald Edwards, ICUL Senior Vice President, Federal Governmental Affairs, was honored with a tribute award.  In addition, a repeat memorial scholarship in memory of George G. Burnett was recognized.  This award was made possible with a gift from 1st Mid America Credit Union (Bethalto).

Louise Herring Winner.  Only credit unions in the more than $250 million to $1 billion assets category competed this year.  The first place winner was Scott Credit Union (Collinsville).

Also acknowledged at the Keynote & Awards were the numerous individuals, credit unions and chapters who contributed more than $364,000 to the Credit Union Political Action Council (CUPAC), and those who assisted the Illinois Credit Union Foundation (ICU Foundation) in providing nearly $129,000 in grants and scholarships in 2011.

In addition, 20 credit unions celebrating milestone (25th, 50th and 75th) anniversaries were recognized.  One with 85 years of service was also honored.  Wrapping up the ceremony was keynote speaker Connie Payton, who presented "Family Values, Teambuilding, Embracing Life."  Ms. Payton also entertained questions from the audience after her remarks. 

Upcoming Events
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