Capitol Fax.com - Your Illinois News Radar » Credit Union (noun) – an essential financial cooperative
SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
Credit Union (noun) – an essential financial cooperative

Monday, Oct 29, 2012

[The following is a paid advertisement.]

Cooperatives can be formed to support producers such as farmers, purchasers such as independent business owners, and consumers such as electric coops and credit unions. Their primary purpose is to meet members’ needs through affordable goods and services of high quality.

Cooperatives such as credit unions may look like other businesses in their operations and, like other businesses, can range in size. However, the cooperative structure is distinctively different regardless of size. As not-for-profit financial cooperatives, credit unions serve individuals with a common goal or interest.

They are owned and democratically controlled by the people who use their services. Their board of directors consists of unpaid volunteers, elected by and from the membership. Members are owners who pool funds to help other members. After expenses and reserve requirements are met, net revenue is returned to members via lower loan and higher savings rates, lower costs and fees for services.

It is the structure of credit unions, not their size or range of services that is the reason for their tax exempt status - and the reason why almost three million Illinois residents are among 95 million Americans who count on their local credit union everyday to reach their financial goals.

- Posted by Advertising Department        

No Comments

Be the first to comment.

Sorry, comments for this post are now closed.


* Reader comments closed for the weekend
* Question of the day
* School has kid slapped with felony eavesdropping charge
* AG Madigan to file lawsuit challenging "cruel and unconstitutional policy" at southern border
* Rep. Andersson tries a comeback
* CTU's Lewis to retire
* *** UPDATED x2 *** Rauner brags he's "dramatically" reduced Medicaid enrollment, but hit on "failing" computer system
* Fitch: "The enacted budget entails significant implementation risk"
* *** UPDATED x2 - Pritzker campaign calls comments "racist" *** After Black Caucus backlash, Gov. Rauner says he's "Not surprised they're sensitive because the black legislators really have not been serving their community very well"
* Rep. Chad Hays to resign
* The local news memory hole
* No Janus ruling today
* Police chiefs want Rauner to veto hemp bill
* *** UPDATED x1 - Rauner campaign responds *** New Pritzker TV ad blames Rauner for job losses to neighboring states
* *** LIVE COVERAGE ***
* Yesterday's stories

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............
<


Loading


* SVM EDITORIAL: Let schools, not state, determin.....
* School districts nervous about possible $40000 .....
* Gov. Rauner's legacy rests with the US Supr.....
* Morrison says there's no room in budget to .....
* Illinois police chiefs speak out against legali.....
* Black Illinois Lawmakers and Gov. Rauner Contin.....
* Is Melania Trump rising to Evita status?..
* Gov. Rauner on the future of Illinois, NAFTA, &.....
* The Week in Review: Immigration Debate Explodes.....
* Rauner: Black Legislators Not Serving Their Com.....


* EXCHANGE: Marengo families seeking normalcy year after blast
* EXCHANGE: Students find second Fort Kaskaskia site
* Man convicted of escaping ICE custody at NYC airport
* Man convicted in slayings of 2 officers released on bond
* The Latest: Man convicted in slayings of 2 officers released
* Chicago Teachers Union president stepping down
* Man gets 8 years for kidnapping 2 brothers later slain
* Illinois bridge put on National Register of Historic Places
* Ex-priest who abused child allowed access to Chicago schools
* WHAT'S HAPPENING: Trump order sows confusion on the border

* Illinois stands to gain from Supreme Court decision
* Records: Mansion used in Rauner's 'Porcelain Prince' ad got its own tax reduction
* Illinois politicians seek answers to family separations at border
* 80+ years later, Meredosia woman sees the opening of another new bridge
* Chatham man wins Illinois Bicentennial coin design contest
* Rauner to consider allowing medical cannabis for opioid patients
* Bipartisan work yields gun bills, fate rests with Rauner
* Rauner names Justin Blandford curator of Governor's Mansion
* Rauner names Williamsville woman interim HFS director
* Both Rauner and Pritzker have donated to Mansion renovations

* Mariano's parent buys turnaround time
* Trump's tariff tweet spurs consternation at local car dealerships
* Illinois' existential problem: Shrinking number of young people
* Chicago set for another big TV year
* Chicago manufacturer automates—then hires


* Man charged with murder in fatal Near North Side crash
* Man caught in crossfire in Roseland
* 5 shot on South Side
* Woman, 21, shot in South Chicago
* 14-year-old girl reported missing from Palmer Square: police
* Dear Abby: 2 women in their 20s depend on dad for rides
* Man shot in face in Lawndale
* Horoscope for June 23, 2018
* Seeing Red: Cubs lose again to last-place Cincinnati
* Man sues MLB, Toronto Blue Jays after being hit by flying bat at White Sox game


* U.S. House passes bipartisan package to fight opioid crisis
* White House seeks to expand immigrant family detention
* Servais: Who was that mustachioed man?
* Supreme Court adopts digital-age privacy rules to track cellphones
* Cubs offense sputters and Jose Quintana ineffective in 6-3 loss to Reds
* Blackhawks draft defensemen Adam Boqvist and Nicolas Beaudin in first round
* White Sox hold on for 6-4 win to split doubleheader vs. A's
* Elgin man charged after pot, guns, 480 rounds of ammo found during raid, police say
* Michael Cohen's photo with Tom Arnold fuels Trump tape speculation
* I lost because I wasn't Trump enough. All Republicans should worry.


» ‘That’s A Sad Woman’: Struggling Lincoln Foundation To Sell Monroe, Sandburg Photos
» The Week in Review: Immigration Debate Explodes in Chicago
» Rauner: Black Legislators Not Serving Their Community
» State Week: Online Sales Taxes; CPS Scandal; Rauner Takes On Black Caucus
» WBEZ’s Chicago And Illinois News Roundup: June 22, 2018
» Jurors Get Close-Up View Of Chicago Politics In Probes Of Shootings By Cops
» Ailing Chicago Teachers Union President Karen Lewis Retiring
» Rebecca Makkai, Author Of ‘The Great Believers’; Crowded Starved Rock; Illinois Outdoor Destinations
» Cook County To Hire Sexual Harassment Watchdog
» #656 Hinds & Opinions on Beyoncé and Jay-Z, Parquet Courts & More


* George Will: Charles Krauthammer, a diagnostician of our public discontents
* Ed Rogers: Democrats still have no message on the economy or jobs
* Point: Obamacare's constitutionality ends when its tax ends
* Counterpoint: Injustice reigns as Trump's Justice Department attacks Obamacare
* Juliana Stratton: Black community wants more than just proclamations from leaders
* Thumbs Up: To Illiopolis boy for helping shepherd bill through the Statehouse
* Illinois stands to gain from Supreme Court decision
* Records: Mansion used in Rauner's 'Porcelain Prince' ad got its own tax reduction
* Our View: A welcome start at cleaning House
* Our View: White Oaks Mall smart to diversify offerings


* Births for Saturday, June 23, 2018
* Deborah S. 'Debbie' Trigg
* Birt 'Buzz' Ward
* Virginia Leach
* Billy Ray Mathews
* Edwardsville man charged with producing, distributing child porn
* The 64th Piatt County Trail Blazers Rodeo
* Granite City teacher resigns amid allegations of a relationship with a student
* Bio Blitz time at Nahant Marsh
* KWQC's Gary Metivier: 'I will never retire from telling stories'


* AP source: Thunder's Anthony to opt in, take $28 million
* Giolito helps White Sox snap eight-game losing streak
* Blackhawks take pair of defensemen on first day of NHL draft
* Boomers rally to top Wild Things
* Ex-S. Korean premier Kim Jong-pil, spy agency founder, dies

* Lake County's congressional leaders we...
* Lawmakers, Human Rights Groups React to Tr...
* Victims' families take plea to White H...
* 'Zero Tolerance' Policy Shows Niel...
* Pro-life groups have an obligation to call...
* House passes Farm Bill by two votes
* Roskam navigates immigration uproar as riv...
* The GOP-led House has narrowly passed the ...
* Area congressmen back narrowly passed Hous...
* With Defeat of Goodlatte Bill is Ag Guest ...

* Chicago group says finding minors' fam......
* Democrats should stop playing political fo......
* “We're On A Scavenger Hunt”: Reuniting......
* Pulse of the Voters: The increasing influe......
* Retailers Cheer Supreme Court Ruling On On......

* Pulse of the Voters: The increasing influe......
* Tammy Duckworth TV Commercials Ads...
* Mazie Hirono, Tammy Duckworth, and ......
* Canadian Minister Breastfeeds During Parli......
* Democratic senators blast DeVos for mishan......

* High-minded ideals to do battle against the “red wave” – will anybody win?
* World Cup Notebook: Ronaldo Is The King Of The World
* Elonorail
* The Beachwood Radio Sports Hour #206: Bulls Draft Safe And Sound
* How to Create Successful and sustainable Makerspaces in Low-Income and Rural Schools
* Can Online Programs and Digital Tools Help Students Spend Less Money? #DLNchat
* Pearson Releases Study on Demand-Driven Education
* A Major Issue in Business Law: Regulators Gone Wild — Judicial Support for a Roll-Back?
* Trustees add five initiatives to Purdue strategic plan – Purdue
* Final Day of the International Conference on E-Learning in the Workplace Conference at Columbia University


* Chairman Fratianni selected for national workers' comp leadership role
* Unemployment Rate Continues Falling in All Metro Areas

  
* Nokia 5.1 is now available to pre-order
* You might break someone’s jaw if you throw the Panasonic Toughbook FZ-T1 at them
* Say hello to the ultra-slim Asus Chromebook C223
* Moto Z3 Play in Brazil has 6GB RAM configuration
* vivo product is the first to get Qualcomm 5G millimeter wave antennas
* Security Researcher Discovers Method for Brute Forcing iPhone Passcode in iOS 11
* Supreme Court rules cops need a warrant to get phone location data

* White Sox Minor League Report: June 22, 2018
* Mieses' single leads AZL White Sox to 9-3 win over AZL C...
* A's split doubleheader against White Sox
* After ending skid, White Sox pursue another win over A's
* White Sox Minor League Report: June 22, 2018
* White Sox Minor League Report: June 22, 2018
* Lucas Giolito's best stuff rescues White Sox from grueli...


Main Menu
Home
Illinois
YouTube
Pundit rankings
Obama
Subscriber Content
Durbin
Burris
Blagojevich Trial
Advertising
Updated Posts
Polls

Archives
June 2018
May 2018
April 2018
March 2018
February 2018
January 2018
December 2017
November 2017
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004

Blog*Spot Archives
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005

Syndication

RSS Feed 2.0
Comments RSS 2.0
WordPress




Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller