Archives: News/Events
Susan explains how recent actions by the OCC and NCUA could have a major impact on state-chartered credit unions dealing with Illinois’ Interchange Fee Prohibition Act (IFPA). Regulators are signaling stronger federal protections that could prevent state laws from interfering with how credit unions process card transactions and collect interchange fees. She highlights concerns that the Illinois law could create costly compliance challenges and confusion across the payments system if other states follow suit. Overall, these developments are a potentially important win for credit unions and their ability to continue serving members efficiently.
Read the full article here: https://www.cuinsight.com/ifpa-update-why-recent-occ-and-ncua-actions-could-be-a-game-changer-for-state-chartered-credit-unions/
UICCU Announces 2025 Orange & Blue Scholarship Winners
CHAMPAIGN, IL — Each year, U of I Community Credit Union awards seven college-bound high school seniors a scholarship of $1,000. The Orange & Blue Scholarship Program is designed to benefit students who are U of I Community Credit Union members (and/or legal guardians are members) and will be attending the University of Illinois, Parkland College, and other Illinois colleges and universities.
Scholarship applications are reviewed by a team of volunteers at the U of I Community Credit Union and are given a score based on the information and documents submitted. Applicants are asked various questions including their favorite activities throughout high school, and any honors or awards they have received. They are also required to submit two letters of recommendation and an essay relating to the benefits of credit unions.
“Our 2024 Scholarship recipients are outstanding,” said Lisa Paul, UICCU Senior Vice President of Member Experience. “These students went above and beyond in academics, extracurriculars, and community involvement. We can’t wait to see what they do next!”
The 2025 Orange & Blue Scholarship winners have been announced and were recognized on UICCU’s social media channels in May. UICCU is proud to announce the 2025 Orange & Blue Scholarship recipients:
Bradley University
- Zachary Pickett – Heyworth High School
Eureka College
- Jaeden Haverland – Rantoul Township High School
Parkland Community College
- Melynnie Cleary – Paxton-Buckley-Loda High School
- Grant North – Shiloh High School
University of Illinois Chicago
- Oliver Showerman – Urbana High School
University of Illinois at Urbana-Champaign
- Katelyn Pickett – Heyworth High School
- Valentina Covarrubias Zuniga – Mahomet-Seymour High School
Details about the scholarship are available online at uoficreditunion.org/resources/orange-blue-scholarship/.
U of I Community Credit Union is a not-for-profit, member-owned cooperative that provides a wide range of financial products and services to anyone who lives or works in Champaign, Coles, Dewitt, Douglas, Edgar, Ford, Iroquois, McLean, Moultrie, Piatt, Sangamon, and Vermilion, IL counties as well as University of Illinois employees, Carle employees and other select employee groups. UICCU was named one of the 2017, 2018, 2019, 2020, 2021, 2022, 2023 and 2024 Best Places to Work in Illinois, 2019, 2020, 2023, and 2024 Best Credit Unions to Work For and 2019 Tops in the 217 Winner for Banks/Credit Unions. To learn more, visit uoficreditunion.org.
MAHOMET, IL – U of I Community Credit Union (UICCU) is excited to announce the grand opening of its new branch located at 1610 Patton Drive in Mahomet, Illinois. The grand opening event is scheduled
for November 14, 2024, with a ribbon-cutting ceremony kicking things off at 8:30 am. The community is invited to join in the celebration.
“I’m excited to bring our new branch to Mahomet, a community I’ve proudly lived in for over twelve years,” says UICCU CEO, Chris Harlan. “Mahomet is a special place, with its small-town charm, excellent schools, and close-knit community spirit.”
As a member-focused financial institution, U of I Community Credit Union is dedicated to providing exceptional service and a wide range of financial products to meet the needs of its members. The new Mahomet branch will offer convenient banking services, including new ITM technology, and a drive thru. In-person member service representatives will also be available to assist with all banking needs. “Our new branch is a reflection of our commitment to Mahomet’s growth, offering lowcost financial services like car loans, home loans, debit and credit cards, and top-tier digital banking,” says Harlan.The grand opening celebration will feature tours of the new branch, light refreshments and treats, and opportunities for community members to learn about the credit union’s cutting-edge technology and services. Attendees will also have the chance to win a prize supporting local Mahomet businesses valued at over $1,000 as well as take home some fun swag. Harlan concludes, “We’re here to provide exceptional value and service, and I invite you to stop by and see how UICCU can support your financial goals as we continue to grow together in this amazing community.”
More details about the grand opening can be found below.
Event Details:
Date: November 14
Location: 1610 Patton Drive, Mahomet, IL
Time: 8:30 am – 5 pm
For more information about the grand opening or U of I Community Credit Union’s services, please visit www.uoficreditunion.org/
U of I Community Credit Union is a not-for-profit, member-owned cooperative that provides a wide range of financial products and services to anyone who lives or works in Champaign, Coles, Dewitt, Douglas, Edgar, Ford, Iroquois, McLean, Moultrie, Piatt, Sangamon, and Vermilion, IL counties as well as University of Illinois employees, Carle employees and other select employee groups. UICCU was named one of the 2017, 2018, 2019, 2020, 2021, 2022, 2023 and 2024 Best Places to Work in Illinois, 2019, 2020, 2023, and 2024 Best Credit Unions to Work For and 2019 Tops in the 217 Winner for Banks/Credit Unions. To learn more, visit uoficreditunion.org.
