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CEO of State Farm Federal Credit Union in Illinois to retire

Tom DeWitt will step down as president and chief executive in August, concluding more than 31 years with SFFCU.

United statesTom dewittHolly robertsSteve gorrieFarm federal credit union in bloomingtonFarm mutual automobile insurance coFarm federal credit unionIllinois credit union leagueState farm federal credit unionNational associationFederally insured credit unionsCredit unionsSuccession planningCuj content

Illinois League s Kane promotes #ILoveMyCredit 2022

Illinois Credit Union League (ICUL) President/CEO Tom Kane recently appeared on CU Broadcast to preview the second annual #ILoveMyCreditUnion social media

United statesSarah silvermanSteve youngTom kaneSuze ormanYour eye campaignIllinois credit union leagueOpen your eye campaign

Credit union leaders meet with Congressional Black Caucus

Leaders from CUNA, the Illinois Credit Union League, Faith-Based Credit Union Alliance, Inclusiv, and CUNA Mutual Group, met with leaders from the

United statesJim nussleMutual groupCredit union alliance inclusivCredit union national associationIllinois credit union leagueCongressional black caucusFaith based credit union allianceLeague supported expanding financial accessUnderserved communities actUnion national association

Illinois Credit Union League-led legislation enacted into law

Illinois Governor J.B. Pritzker signed Illinois Credit Union League-initiated legislation HB 4462 into law May 13, which amends the Illinois Credit Union

United statesTom kaneIllinois credit unionIllinois credit union leagueIllinois credit union league initiatedGeneral assemblyIllinois credit union act

Illinois banker group proposes exit fee for credit union-bank deals

The Community Bankers Association of Illinois has proposed legislation to discourage credit union-bank mergers by imposing a fee that credit unions would have to pay when they purchase banks. Six Illinois community banks have been sold to credit unions since 2019.

United statesJerry peckTom kaneMichael bellRevenue serviceCommunity bankers of americaDepartment of treasuryIllinois credit union leagueCommunity bankers association of illinoisCommunity bankers associationIllinois general assemblyIndependent community bankersInternal revenueCredit unionsCuj content

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