REGULATING AGENCY: Illinois Department of Financial & Professional Regulation; Division of Financial Institutions
- Secretary Mario Treto, Jr.
- Francisco Menchaca, Director, Division of Financial Institutions
- Website: idfpr.com/dfi.asp
- Latest News
LEAGUE: Illinois Credit Union League
PRIVATE SHARE INSURANCE: YES
STATS: (As of June 2021)
Total Number of Credit Unions: 229
- TOTAL # SCUs: 170
- TOTAL # FCUs: 52
- SCU % OF TOTAL (SCUS #/STATE TOTAL #): 77%
Total Assets: $61,644,131,462
- TOTAL $ SCU ASSETS: $53,507,531,739
- TOTAL $ FCU ASSETS: $8,136,599,723
- SCU % OF TOTAL ASSETS (SCUS $/STATE TOTAL $): 87%
Total Members: 3,593,402
- TOTAL Members SCUs: 3,286,357
- TOTAL Members FCUs: 307,045
- SCU % OF TOTAL (SCUS/STATE TOAL): 91%
FUN FACT: In 1887, engineers began to reverse the flow of the Chicago River to stop pollution from contaminating the city’s water supply. The reversal was complete in 1900.
August 4, 2021 — The Illinois Credit Union System is reporting the #ilovemycreditunion Twitter campaign it championed nationally on July 30 reached more than 22-million people.
The campaign, an overview of which was highlighted in CUToday.info here, was designed to “inspire high energy conversation about why people love their credit unions,” according to the ICUS. Tom Kane, president of the ICUS, had the idea for the effort which eventually went national and even international.
“Driven by the cooperative spirit, more than 700 organizations across 48 states and nine countries participated,” the Illinois CU System stated. “These included credit unions, leagues, associations, and industry partners. They started the hashtag #ilovemycreditunion trending across social media platforms, raising awareness about the amazing things credit unions do every day for their members and communities.”
Said Kane, “I’m thrilled by the viral impact of the conversations about credit unions on July 30. Credit unions make a real difference to their members because they put people over profits. I want to thank everyone who joined us to make this effort such a resounding success,” said Kane.
Click here to take a look at the stories that have been collected over the years in Illinois.
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