Illinois Administrative Code › Title 38 - FINANCIAL INSTITUTIONS › Part 185 - CREDIT UNION COMMUNITY REINVESTMENT › Subpart C - RECORDS, REPORTING, AND DISCLOSURE REQUIREMENTS; EXAMINATIONS; ENFORCEMENT › Appendix B - ILCRA Notice

Current through Register Vol. 48, No. 28, July 12, 2024
a) Notice for main office. A credit union shall
				  prominently display the following notice at its main office and on its
				  website.
ILLINOIS COMMUNITY REINVESTMENT ACT
				  NOTICE
Under the Illinois Community Reinvestment Act (ILCRA), the
				  Secretary of the Department of Financial and Professional Regulation
				  (Secretary) evaluates our record of helping to meet the credit needs of this
				  community consistent with safe and sound operations, and consistent with our
				  common bond. The Secretary also takes this record into account when deciding on
				  certain applications submitted by us.
Your involvement is encouraged.
Members and persons eligible to join our credit union are
				  entitled to certain information about our operations and our performance under
				  the ILCRA, including, for example, information about our branches, such as
				  their location and services provided at them; the public section of our most
				  recent ILCRA Performance Evaluation, prepared by the Secretary; and comments
				  received from the public relating to our performance in helping to meet
				  community credit needs, as well as our responses to those comments. You may
				  review this information today.
At least 30 days before the beginning of each quarter, the
				  Secretary publishes a list of the credit unions that are scheduled for ILCRA
				  examination by the Secretary in that quarter. This list is available from the
				  Secretary at 320 West Washington Street, 3rd Floor
				  Springfield, IL 62786 and 555 W. Monroe St., Suite 500, Chicago, IL 60661. You
				  may send written comments about our performance in helping to meet community
				  credit needs to (name and address of official at credit union) and to the
				  Secretary at 320 West Washington Street, 3rd Floor
				  Springfield, IL 62786 and 555 W. Monroe St., Suite 500, Chicago, IL 60661 or
				  electronically at
https://idfpr.illinois.gov/admin/cra.html
.
				  Your letter, together with any response by us, will be considered by the
				  Secretary in evaluating our ILCRA performance and may be made public.
You may ask to look at any comments received by the
				  Secretary. You may also request from the Secretary an announcement of our
				  applications covered by the ILCRA filed with the Secretary. [We are an
				  affiliate of (name of holding company), a bank holding company].
b) Notice for branch offices. A credit union shall
				  prominently display the following notice at all branch offices and on its
				  website.
ILLINOIS COMMUNITY REINVESTMENT ACT
				  NOTICE
Under the Illinois Community Reinvestment Act (ILCRA), the
				  Secretary of the Department of Financial and Professional Regulation
				  (Secretary) evaluates our record of helping to meet the credit needs of this
				  community consistent with safe and sound operations. The Secretary also takes
				  this record into account when deciding on certain applications submitted by
				  us.
Your involvement is encouraged.
Members and persons eligible to join our credit union are
				  entitled to certain information about our operations and our performance under
				  the ILCRA. You may review today the public section of our most recent ILCRA
				  evaluation, prepared by Secretary, and a list of services provided at this
				  branch. You may also have access to the following additional information, which
				  we will make available to you at this branch within five calendar days after
				  you make a request to us:
1) a map showing the assessment area containing
				  this branch, which is the field in which the Secretary evaluates our ILCRA
				  performance in this community or other documentation showing the assessment
				  field;
2) information about our branches in this
				  assessment field;
3) a list of services we provide at those
				  locations;
4) data on our lending performance in this
				  assessment field; and
5) copies of all written comments received by us
				  that specifically relate to our ILCRA performance in this assessment field, and
				  any responses we have made to those comments. If we are operating under an
				  approved strategic plan, you may also have access to a copy of the plan.
If you would like to review information about our ILCRA
				  performance in other communities served by us, the ILCRA file for our entire
				  credit union is available at (name of office located in state), located at
				  (address).
At least 30 days before the beginning of each quarter, the
				  Secretary publishes a list of the credit unions that are scheduled for ILCRA
				  examination by the Secretary in that quarter. This list is available from the
				  Secretary at 320 West Washington Street, 3rd Floor
				  Springfield, IL 62786 and 555 W. Monroe St., Suite 500, Chicago, IL 60661. You
				  may send written comments about our performance in helping to meet community
				  credit needs to (name and address of official at credit union) and to the
				  Secretary at 320 West Washington Street, 3rd Floor
				  Springfield, IL 62786 and 555 W. Monroe St., Suite 500, Chicago, IL 60661 or
				  electronically at
https://idfpr.illinois.gov/admin/cra.html
.
				  Your letter, together with any response by us, will be considered by the
				  Secretary in evaluating our ILCRA performance and may be made public.
You may ask to look at any comments received by the
				  Secretary. You may also request from the Secretary an announcement of our
				  applications covered by the ILCRA filed with the Secretary. (We are an
				  affiliate of (name of holding company), a holding company. You may request from
				  (title of responsible official), Federal Reserve Bank of _______ (address) an
				  announcement of applications covered by the ILCRA filed by holding
				  companies.)
c) The Secretary may update the address or web
				  address to be included on the required notices by posting a notice of the
				  change of address to the Department's website at least 30 days prior to the
				  change.