REGULATING AGENCY: Illinois Department of Financial & Professional Regulation; Division of Financial Institutions

Illinois State Capitol

  • Secretary Mario Treto, Jr.
  • Francisco Menchaca, Director, Division of Financial Institutions
  • Pam Gill, CU Section Assistant Supervisor
  • Website:


LEAGUE: Illinois Credit Union League

  • Tom Kane, President/CEO
  • Website:


2023 STATS 
  • Largest SCU: ALLIANT CU $18.47B in assets
  • Largest FCU: STATE FARM FCU $4.33B in assets
Fourth Quarter 2023 SCUs FCUs Total CUs % of SCUs/Total
Total Credit Unions 162 48 210 77.14%
Credit Union Members 3.7M 0.29M 3.98M 92.85%
Credit Union Assets $61.85B $6.9B $68.75B 89.96%


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.

Credit Union 1 to Participate in Illinois; Cannabis Social Equity Loan Program

Courtesy of CUToday

May 26, 2023 — Credit Union 1 has been selected to participate in the Illinois Department of Commerce and Economic Opportunity (DCEO) Cannabis Social Equity Loan Program.

The $30-million dollar fund will provide low-interest loans to social equity licenses within the State of Illinois, according to the $1.6-billion credit union.

Credit Union 1 noted it is also a preferred banking partner of The Chamber of Cannabis—a nonprofit organization designed to bring cannabis industry professionals together to build a more inclusive industry—and the New York CAURD Coalition—which invests in its members by ensuring access to resources in order to create a more sustainable and equitable industry. Read more

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