Senate Sponsors: O'MALLEY-REA. House Sponsors: BRADY-BUGIELSKI-LYONS,JOSEPH-HOLBROOK Short description: CREDIT UNION PRINCIPAL OFFICE Synopsis of Bill as introduced: Amends the Illinois Credit Union Act. Provides that a credit union may change its principal place of business without approval by the Department upon 45 days written notice. Effective immediately. SENATE AMENDMENT NO. 1. Prohibits a credit union with a neighborhood or community common bond from relocating outside of its neighborhood or community. Last action on Bill: PUBLIC ACT.............................. 91-0131 Last action date: 99-07-16 Location: Senate Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 1 END OF INQUIRY Full Text Bill Status