ICUL initiated legislation to improve upon the language of the law that requires lienholder notification of storage fees. SB 1694 was signed by Governor Rauner on August 24, 2017. It becomes effective on November 22, 2017.
We, as the financial support system of credit unions, are committed to the "people helping people" concept of credit unions as cooperative financial institutions. Our purpose is to provide credit unions with a favorable operating environment and quality information, products and services which have value, and which enable credit unions to exist, compete and prosper in the financial marketplace.