Learn More
Log In
Sign Up
Ill. Admin. Code tit. 38, § 185.490 – Implementation Period | Midpage
Collections
Illinois Administrative Code
Title 38
II
Part 185
§ 185.490
Ill. Admin. Code tit. 38, § 185.490
Implementation Period
AUTHORITY: Implementing and authorized by the Illinois Community Reinvestment Act [205 ILCS 735].
DEPARTMENT OF FINANCIAL AND PROFESSIONAL REGULATION
a) Credit unions with total assets of $391,000,000 or more shall have until February 1, 2025 to comply with the requirements of this Part.
b) Credit unions with total assets less than $391,000,000 shall have until August 1, 2025 to comply with the requirements of this Part.