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Illinois credit unions of all sizes stepping up to provide timely help for consumers

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[The following is a paid advertisement.]

As not-for-profit financial cooperatives, credit unions of all asset sizes have a well-recognized reputation for providing exemplary service in meeting their members’ daily financial needs – especially when unexpected circumstances arise.

With a membership base of state highway and transportation workers and their families, Peoria Hiway is one of the nearly 30 Illinois credit unions that immediately stepped up to the needs of its members in light of the State’s budget impasse. Should members experience a payroll interruption, this $2.9 million credit union is ready to offer a three month no-interest note, a new loan program made possible via a new initiative with Illinois Treasurer Michael W. Frerichs. Treasurer Frerichs recently announced, in partnership with Illinois credit unions, the availability of more than $50 million in funding for interest-free loans during this challenging time.

Peoria Hiway Credit Union is also experiencing membership growth, as more state employees are seeking out the benefits of credit union membership and turning to them as a new source of assistance. To find a credit union near you that is specifically stepping up to help Illinois State employees and their families, please go to www.icul.com. Illinois credit unions – putting people before profits – one of the virtues that define the credit union difference.

posted by Advertising Department
Friday, Aug 7, 15 @ 10:41 am

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