As a credit union CEO and chairman of the Illinois Credit Union League, I find it interesting when the banks try to define our mission to the communities and members we serve. On Feb. 19, the ...

Land of Lincoln Credit Union in Decatur, Illinois, has agreed to acquire Colchester State Bank in Colchester, Illinois. Financial terms of the deal were not disclosed. The transaction is expected to ...

Lawyers representing bank and credit union trade groups argued today for a quick ruling in a lawsuit seeking to strike down enforcement of a new Illinois law that reduces the fees retailers pay ...

The combined credit union would represent nearly 70,000 members with over $1 billion in assets, led by McCombs as president and CEO, and Hayes as executive vice president, according to the release.

No state-chartered credit union in Illinois may invest more than 40 percent of its assets in real estate mortgage loans, Fredendall said. Other states permit only up to 25 percent in mortgage loans.