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CHAMPAIGN, IL —The University of Illinois Community Credit Union (UICCU) is excited to announce they will be opening a new full-service branch in Mahomet, IL, in 2024. UICCU is proud to be a leading financial institution committed to serving its members and communities. This expansion highlights UICCU’s dedication to providing convenient and cutting-edge financial services to a growing member base.

The new Mahomet branch will feature the latest in banking technology, offering members an enhanced and seamless banking experience. From advanced digital services to personalized financial solutions, UICCU remains at the forefront of innovation, ensuring that members have access to state-of-the-art tools and resources to meet their financial needs.

“We are thrilled to bring our commitment to exceptional service and innovative financial solutions to the Mahomet community,” said Chris Harlan, President & CEO at UICCU. “As we continue to grow, our focus remains on providing our members with the best possible banking experience, and this new branch will play a crucial role in achieving that goal.”

The new branch in Mahomet will be the eighth branch operated by UICCU. They currently have locations in Champaign, Urbana, Danville, Bloomington, and Normal, IL. The branch will be located in the new Churchill Commons development through Fairlawn Development. UICCU plans to have the branch open and serving members in 2024.

UICCU invites the Mahomet community to join in celebrating this milestone, as they look forward to building lasting relationships and contributing to the financial well-being of individuals, families, and businesses in the area.
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, and 2023 Best Places to Work in Illinois, 2019, 2020, and 2023 Best Credit Unions to Work For and 2019 Tops in the 217 Winner for Banks/Credit Unions. To learn more, visit uoficreditunion.org.

Each year, U of I Community Credit Union awards seven college-bound high school seniors a scholarship up to $1,000 based on the Illinois college of their choice. 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.

“We are incredibly proud of our 2023 Scholarship recipients,” said Lisa Paul, UICCU Senior Vice President & Chief Experience Officer, “These students went above and beyond not only academically, but by impacting their communities as well. And for that, they deserve all the praise!”

The 2023 Orange & Blue Scholarship winners have been announced and were recognized on UICCU’s social media channels in August. UICCU is proud to announce the 2023 Orange & Blue Scholarship recipients:

Bradley University
● Halle Palmer – Normal Community High School

Parkland Community College
● Hailey Downs – Tuscola Community High School
● Louiemar Santos – Centennial High School

University of Illinois at Urbana-Champaign
● Lydia Burger – Monticello High School
● Sophia Stierwalt – Unity High School
● Grant Powell – Oakwood High School
● Marilyn Rose Atkinson – Academy High

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, Ford, Piatt, Douglas, Vermilion, Coles, Dewitt, Edgar, Iroquois, McLean, Moultrie, and Sangamon, 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 and 2022 Best Places to Work in Illinois, 2019 and 2020 Best Credit Unions to Work For and 2019 Tops in the 217 Winner for Banks/Credit Unions. To learn more, visit uoficreditunion.org.

Credit union members have never lost a penny of insured savings at a federally insured credit union. Their deposits are protected by the National Credit Union Share Insurance Fund and insured up to at least $250,000 per individual depositor – the same as any other federally insured financial institution.

The collapse of Silicon Valley Bank March 10, 2023 is the second largest failure of a financial institution in U.S. history. Regulators also shut down Signature Bank of New York. While this does not include any credit union failure, we realize it may cause some concerns and questions. As a not-for-profit financial cooperative, we are heavily regulated by the NCUA and required to follow strict compliance standards. Members should rest assured that their money is safe and sound at our credit union.

University of Illinois Community Credit Union was chartered over 90 years ago. We have an experienced team to serve you and answer any questions or concerns. Send us a secure message in digital banking or call/text us at 217-278-7700 with any questions. Again, your money is safe and secure at our credit union and protected up to $250,000 per individual depositor.

You can visit MyCreditUnion.gov for more information about the National Credit Union Share Insurance Fund coverage for consumers.

In addition to our credit union-specific resources, you can find more information about the credit union difference on the Credit Union National Association’s Advancing Communities website at advancingcommunity.com.