Credit Unions Across State Lines
•August 19, 2015•
Illinois has recently signed two cooperative agreements that will facilitate the ability of state chartered credit unions to operate across state lines. By signing the 2015 Nationwide Cooperative Agreement for the Supervision of State Chartered Credit Unions and the Southeastern Regional Cooperative Interstate Agreement for the Supervision of State Chartered Credit Unions, Illinois gains the ability to promote interstate commerce and cooperation on a reciprocal basis among participating states.