In this issue.....
State-chartered CUs reach cumulative total of $11 million in regulatory fee credits! At the same time Illinois state-chartered credit unions noticed a partial credit on their April 2012 first quarter regulatory fee invoice, the $11 million these credit unions have received in the aggregate is the real accomplishment of unprecedented legal action undertaken by the Illinois Credit Union League (ICUL) eight years ago. Full story.
New board seated at Convention.
A multitude of elections by the Illinois Credit Union League (ICUL) and affiliated organizations took place at ICUL’s 82nd Annual Convention, including the seating of ICUL’s new 12-member board. Geraldine Burek, CEO of South Division Credit Union (Evergreen Park), was elected chairman. Burek will serve on the League board as the Class B director for District 2 and has been an ICUL director since 2003. Full story
Attendees "Get in the Game!" at League’s 82nd Annual Convention.
Nearly 680 executives representing 125 credit unions were in attendance at the League’s 82nd Annual Convention. Nearly eighty vendors packed the exhibit hall for the Convention April 26-28 at the Schaumburg Renaissance Convention Center, a brand new location for the event. Full story.
Legislative Day provides new format. Joining the League for its annual Legislative Day event at the President Abraham Lincoln Hotel and Conference Center in Springfield May 9 were more than 110 credit union officials from throughout the state . Highlights included a new format with an earlier start time of 9:30 a.m., which helped to provide attendees with an improved window of opportunity to visit with their local lawmakers earlier in the day than in the past. Full story
CU champion lawmakers honored. 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) -- Joseph Lyons (D-19, Chicago and assistant majority leader) and Lisa Dugan (D-79, Kankakee). Both lawmakers have been active on the boards of their credit unions, Credit Union 1 in Rantoul and Riverside Community Credit Union in Kankakee, respectively. Full story