September 4, 2019
Illinois Governor JB Pritzker recently signed into law the Illinois Bank On Initiative which sets up a way for residents to identify and better utilize Certified Financial Products. Photo Credit: Provided by Representative Debbie Meyers-Martin
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ILLINOIS BANK ON INITIATIVE SIGNED INTO LAW, IDENTIFIES CERTIFIED FINANCIAL PRODUCTS FOR RESIDENTS
Illinois Governor JB Pritzker recently signed into law the Illinois Bank On Initiative which was designed to increase the use of Certified Financial Products and reduce reliance on alternative financial products. The initiative will be administered by Illinois State Comptroller Susana Mendoza, and require her office to maintain a list of Certified Financial Products and associated financial institutions.