Illinois

Governor JB Pritzker has nominated Deborah Hagan as secretary of the state's Department of Financial and Professional Regulation, where her duties would include overseeing state-chartered CUs.

The Illinois company will pay $46 million for a bank that is a fraction of its size.

The Chicago-area credit union can now accept members who live or work in a variety of Illinois counties.

Mark Sander, who has been with the company since 2011, succeeded Michael Schudder, who remains chairman and CEO.

CUNA and the credit union leagues of Illinois and Wisconsin filed a brief in support of an institution that is embroiled in litigation over whether its website meets the requirements of the Americans with Disabilities Act.

A U.S. District judge in Scranton denied the student lender's motion to dismiss the suit.

Chicago Deferred Exchange, which helps clients defer tax hits from property sales, had about $1 billion in deposit flows this year.

The company has agreed to by $145 million for Bridgeview Bancorp.

Larry Helling will take over next spring as CEO of the $4.8 billion-asset QCR Holdings, when Douglas Hultquist retires.

The move allows the Michigan credit union to expand its operations in Illinois and southern Wisconsin.

This is Advia CU's third bank purchase in three years, following deals in Indiana and Wisconsin.

Northern Oak Wealth Management is a registered investment adviser with $800 million in assets under management.

Earthmover Credit Union CEO Libby Calderone has been appointed president of the Illinois Credit Union System's CUSO.

The company will pay $42 million for Oak Park River Forest Bancshares.

The Illinois company will become one of the area's top 10 banks after buying Bank of Edwardsville.

Northern Credit Union in New York has shed its federal charter, while Gale CU in Illinois has converted to a community charter.

Huntington Bancshares is acquiring Hutchinson Shockey as both look to broaden their public finance reach.

The Chicago-based Hutchinson, Shockey, Erley & Co. focuses exclusively on municipal securities.

The tiny Illinois-based credit union was supported by CUNA and the Illinois CU League, who partnered to file a joint amicus brief.

The big custody bank's fees surged on new business gained from its deal for UBS business units in Europe.