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Illinois Credit Unions continue to Step Up
Tuesday, Jul 14, 2015 - Posted by Advertising Department [The following is a paid advertisement.] Credit unions remain true to one principle – people before profits – and represent a highly valued resource for more than 3 million Illinois consumers during times that post economic and financial challenges. This includes circumstances that arise beyond their control, such as interruptions in paychecks for state workers due to the current budget impasse. In response to this situation, credit unions from all across Illinois have been proactively working behind the scenes to provide their members and consumers with peace of mind. This includes partnering with Illinois State Treasurer Michael W. Frerichs who last week announced his office’s collaboration with Illinois’ credit unions to provide more than $50 million in available funding for interest-free loans to state workers during this challenging time. Credit unions from all across the state have stepped up to help their members, consumers and state workers alike with loan assistance programs and other crucial options, such as waiving skip payment fees and allowing early withdrawal of savings without penalty. And that list is growing every day. To find out which credit unions are specifically reaching out to Illinois families, please go to www.icul.com and contact a credit union near you. During these uncertain times, Illinois credit unions will be there for its members.
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HEAL the Budget
Tuesday, Jul 14, 2015 - Posted by Advertising Department [The following is a paid advertisement.] Illinois is in crisis. Our budget woes are exacerbated by rising rates of costly chronic diseases. Through a penny-per-ounce tax on sugary drinks, the Healthy Eating Active Living (HEAL) Act would generate an estimated $600 million annually to invest in community health programs supporting healthier nutrition and exercise, and to restore cuts and fund prevention in Medicaid. A recent opinion poll found that this modest tax enjoyed broad support in every part of the state provided the funding is dedicated to health. This reflects growing awareness of the proven dangers of sugary drinks, the largest source of added sugar in the American diet. In June, a New York Times article featured preliminary results from a comprehensive study that found that a tax on sugary beverages is one of the most effective approaches to lowering body mass index in children for the least cost and greatest return on investment. Also, The Washington Post reported on a study that showed sugary drinks are linked to 25,000 American deaths annually, and more than 180,000 globally. Legislators can support a healthy and prosperous state by including the substance of the HEAL Act in the FY2016 budget. It’s a win-win for Illinois.
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