Illinois Personal Finance

Credit Unions Announced Merger Plan for 2027

Members of Scott and Consumers Credit Union should watch for upcoming details on the planned consolidation.

Live Poll

Do you trust that credit union mergers generally lead to better service for members?

Live Poll

Do you trust federal tax authorities to provide consistent and final rulings on taxpayer penalties?

A federal court ruled that the government cannot revive a $2.4 million penalty that the IRS had already abated.

Live Poll

Should credit unions be allowed to charge fees on the tax and tip portion of transactions?

Federal credit unions in Illinois are now exempt from a state law restricting how they collect card transaction fees.

Live Poll

Should states require insurance companies to justify rate increases before they take effect?

New legislation requires insurers to justify premium hikes with actuarial data to help stabilize home insurance costs.