UICCU Celebrates 90th Birthday
The University of Illinois Community Credit Union celebrated 90 years of business on October 26, 2022.
UICCU was founded as Our Credit Union by Mr. E. W. Eubanks and began serving hourly wage earners from a janitor’s room at the U of I Power Plant in October 1932. At the end of that first year, the credit union had 37 members, two borrowers, and $116.97 in assets. By 1935, the credit union moved off campus to Urbana, expanded its charter to include faculty, and was renamed the University of Illinois Employees Credit Union (UIECU).
In 1998, Illini Student Federal Credit Union merged with UIECU making students eligible for membership at UIECU. UIECU began offering online banking in 2000, enabling members across the country and around the world to easily access and manage their accounts.
In 2015, the credit union adjusted its name to the University of Illinois Community Credit Union to reflect its open field of membership and commitment to serving both campus and community. UICCU continues to evolve to better serve members.
From a janitor’s closet in 1932 to today, UICCU now has 6 locations across Central Illinois, serving 11 communities with over 56,000 members. The credit union has the #1 local digital banking app and is the #1 local auto lender in Champaign-Urbana.
UICCU is a not-for-profit financial institution and finds many ways to give back to the communities they serve through its #DoMoreGood initiative. Since #DoMoreGood was established, they’ve given back over $100,000 to local community organizations. The credit union also gives $5,000 annually to high school seniors through its Orange & Blue Scholarship.
“We feel incredibly honored to have served our community for 90 years,” said UICCU President/CEO Chris Harlan. “Looking forward to a future of growth, opportunity, and continuing in our mission to provide lower fees, better rates, and more access to our members”.
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, 2020, and 2022 Best Credit Unions to Work For, and 2019 Tops in the 217 Winner for Banks/Credit Unions. To learn more, visit uoficreditunion.org