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Forms & Instructions to Expedite a Bylaw Amendment
Welcome to the IDFPR Credit Union Section Bylaw Amendment webpage
For instructions on how to amend a credit union’s Field of Membership or how to complete a name change please see the “Field of Membership Expansion and Credit Union Name Change” section below.
The standardized forms for amending the bylaws of a credit union for a committee, amending the par value of each share, or adjusting when the annual meeting is held are in the “General Bylaw Forms” section below. These general bylaw amendments are all fillable PDFs and can be completed digitally.
You can send the forms to the Credit Union Section by:
Email: FPR.CreditUnion@illinois.gov (preferred method)
Fax: 217-557-8461
Or by Mail to:
IDFPR - Credit Union Section
320 West Washington Street, Suite 550
Springfield, IL 62786
Please note – The Illinois Credit Union Act authorizes the Board of Directors to vote on any changes to the Bylaws and/or the Articles of Incorporation as long as they notify the membership at the next annual meeting. Credit Unions can, therefore, change their field of membership by a vote of the Board of Directors. Credit Unions may also change their field of membership by holding a vote of the membership.
Upon receipt of your request, the Department will review each form(s). The Department will sign and date any request that is approved and return the signed form to the Credit Union by email along with an invoice for the processing fee.
Amendments are not effective until the Department has signed and dated the form(s).
Field of Membership Expansion and Credit Union Name Change
General Bylaw Amendments Forms
Article IV Section 1 - Annual Meeting Change Month
Article IV Section 5 - Membership Meeting Quorum
Article IV Section 5 - Quorum
Article V Section 1 - Board Of-Directors Number of Directors With No Staggered Terms
Article V Section 1 - Board Of-Directors Number of Directors With Staggered Terms
Article V Section 2 - Credit Committee Number of Members
Article V Section 2 - Eliminate Credit Committee and Appoint Credit Manager
Article V Section 2 - Executive Committee Number of Members
Article V Section 2 - Membership Committee Number of Members
Article V Section 2 - Supervisory Committee Number of Members
Article V Section 3 - Board Meetings Based on CAMELS Four Meetings A Year Over $50 Million In Assets
Article V Section 3 - Board Meetings Based on CAMELS Four Meetings A Year Under $50 Million In Assets
Article V Section 3 - Board Meetings Based on CAMELS Six Meetings A Year
Article V Section 11 - Directors Compensation
Article X - Par Value of Shares
