Padak Appointed To Commission

NAPERVILLE, IL. - Frank Padak, CEO of Scott Credit Union was recently appointed to the Illinois Electronic Recording Commission.

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The Illinois Electronic Recording Commission consists of the Illinois Secretary of State and 14 other commissioners appointed by the office, with three of the total fifteen members required to come from lending institutions.

The commission's mandate is to identify standards to electronically record all title, mortgage and other documents for all 102 counties in Illinois and implement the statute throughout Illinois. (c) 2007 The Credit Union Journal and SourceMedia, Inc. All Rights Reserved. http://www.cujournal.com http://www.sourcemedia.com


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