Press Releases

Peoria, IL – A record $50 million Extraordinary Dividend was approved by CEFCU’s Board of Directors and distributed to the Credit Union’s member/owners.  The amount each member received was determined by dividends earned and interest paid during the first 11 months of the year.  On the evening of November 30, funds were deposited to members’ Savings accounts.

Peoria, IL –  At CEFCU’s recent Annual Meeting, the Credit Union reported outstanding achievements for 2017.  At the end of the year, assets were over $5.8 billion, which is an increase of over 3.5% compared to 2016.  And, total membership for 2017 grew by over 8,000 members.   

Peoria, IL – Joni Hootman, a Financial Advisor located at CEFCU Investment Services, registered through CUNA Brokerage Services, Inc. has received the 2018 Women of Distinction award in recognition of her performance, value, and overall contribution to the financial services industry.

Peoria, IL – CEFCU is pleased to announce that members now have the ability to access Masterpass™ by Mastercard®, a digital wallet that can be accepted at millions of locations – online, in-store, and in-app. Any CEFCU Debit Mastercard or Credit Mastercard may be used with Masterpass.

Peoria, IL – CEFCU announces that Denise Ghere was promoted to Senior Vice President of Electronic Services.  Mark Geason was promoted to Vice President of Electronic Services.  Melody Malcom was promoted to Vice President of Card Services.  Jana Stevens was promoted to Vice President of Marketing.  Jennifer Lehman Flexer was promoted to Assistant Vice President – Market Strategy and Analytics.

Peoria, IL – CEFCU announces the retirement of Sue Yoder-Portscheller.

Peoria, IL – CEFCU is pleased to announce that members now have the ability to access Android Pay at hundreds of thousands of stores by using their smartphones with Android 4.4 KitKat and above.  Any CEFCU Debit Mastercard or Credit Mastercard, may be used with Android Pay.

Peoria, IL – At CEFCU’s recent Annual Meeting, the Credit Union reported outstanding achievements for 2015. At the end of the year, assets were nearly $5.3 billion, which is an increase of over 5.8% compared to 2014. Savings deposits and loans outstanding were at historic levels. And, total membership for 2015 grew by nearly 7,800 members.

Joni Hootman and Kim O’Donohue, both Financial Advisors located at CEFCU, registered through CUNA Brokerage Services, Inc. have received 2015 Women of Distinction awards in recognition of their superior performance, value, and overall contribution to the financial services industry.

Peoria, IL – CEFCU received a 5-Star or “Superior” rating – the highest rating awarded – by BAUERFINANCIAL, an independent organization that has been analyzing the performance of all financial institutions since 1983. This rating indicates CEFCU is a safe, financially-sound credit union that is operating well above regulatory capital requirements. BAUERFINANCIAL rates credit unions based on asset quality, capital adequacy, profitability, historical trends, reserves, and regulatory compliance