IDFPR June 2014 Enforcement Report
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that the Directors of Professional Regulation, Jay Stewart; Banking, Sheila Henretta; and...
View ArticleRegulators Charge Chicago Area Doctor with Cannabis Violations
CHICAGO – The Illinois Department of Financial and Professional Regulation (IDFPR) urges both physicians and members of the public to be cautious about setting up or visiting so-called “medical...
View ArticleIDFPR July 2014 Enforcement Report
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that the Directors of Professional Regulation, Jay Stewart; Banking, Sheila Henretta; and...
View ArticleGov. Quinn’s Mortgage Relief Project to visit the Community Outreach Center...
CHICAGO – Governor Quinn’s Mortgage Relief Project—a key component of the Illinois Foreclosure Prevention Network (IFPN)—will hold an event at DeKalb’s Community Outreach Center on Saturday, September...
View ArticleIDFPR August 2014 Enforcement Report
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that the Directors of Professional Regulation, Jay Stewart; Banking, Sheila Henretta; and...
View ArticleIDFPR September 2014 Enforcement Report
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that the Directors of Professional Regulation, Jay Stewart; Banking, Sheila Henretta; and...
View ArticleIDFPR October 2014 Enforcement Report
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that the Directors of Professional Regulation, Jay Stewart; Banking, Sheila Henretta; and...
View ArticleIDFPR November 2014 Enforcement Report
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that the Directors of Professional Regulation, Jay Stewart; and Banking, Sheila Henretta; signed...
View ArticleIDFPR December 2014 Enforcement Report
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that the Directors of Professional Regulation, Jay Stewart; Banking, Sheila Saegh Henretta; and...
View ArticleState of Illinois Closes Highland Community Bank, United Fidelity Purchases
CHICAGO – The Illinois Department of Financial and Professional Regulation (IDFPR) Division of Banking, in cooperation with the Federal Deposit Insurance Corporation (FDIC), took possession and...
View ArticleState of Illinois Qualifies Additional Medical Cannabis Dispensary Applicants
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (IDFPR) today announced the qualification of two additional applicants seeking to register as medical cannabis dispensing...
View ArticleIDFPR January 2015 Enforcement Report
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that the Directors of Professional Regulation, Jay Stewart; Banking, Sheila Saegh Henretta; and...
View ArticleIDFPR February 2015 Enforcement Report
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that the Directors of Professional Regulation, Jay Stewart; Banking, Sheila Saegh Henretta; and...
View ArticleState of Illinois Takes Action on Medical Cannabis Dispensary Applicants
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (IDFPR) today announced the qualification of one applicant and disqualification of another seeking to register as medical...
View ArticleIDFPR March 2015 Enforcement Report
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that the Directors of Professional Regulation, Jay Stewart; Banking, Michael J. Mannion; and...
View ArticleState of Illinois Closes Edgebrook Bank, Republic Bank of Chicago Purchases
CHICAGO – The Illinois Department of Financial and Professional Regulation (IDFPR) Division of Banking, in cooperation with the Federal Deposit Insurance Corporation (FDIC), took possession and...
View ArticleIL Nursing Survey Reveals Approaching RN Shortage
SPRINGFIELD, IL – Illinois may soon face a shortage of Registered Nurses, across all specialties, as an aging workforce readies to retire, according to a survey conducted by The Illinois Department of...
View ArticleIDFPR April 2015 Enforcement Report
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that the Directors of Professional Regulation, Jay Stewart; Banking, Michael J. Mannion;...
View ArticleIllinois, Canada Enter Mutual Recognition Agreement for Architects
SPRINGFIELD – Architects licensed in Illinois will now have a clearer path to practice their trade in the country of Canada, thanks to a Mutual Recognition Agreement (MRA) recently signed by Illinois...
View ArticleIDFPR May 2015 Enforcement Report
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that the Directors of Professional Regulation, Jay Stewart; Banking, Michael J. Mannion;...
View ArticleIDFPR June 2015 Enforcement Report
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that the Directors of Professional Regulation, Jay Stewart; Banking, Michael J. Mannion, and...
View ArticleThird-Party Payment Processors No Longer Require Money Transmitter Licensure...
SPRINGFIELD – Third-party payment processors that allow merchants to utilize “smart” technology to process transactions for goods and services will no longer be required to apply for licensure in the...
View ArticleStreamlined Nursing Licensure Verification Begins Today
SPRINGFIELD – Verifications of Licensure for Illinois Registered Nurse (RN) and Licensed Practical Nurse (LPN) licenses will be completed through the National Council of State Board of Nursing’s...
View ArticleIDFPR Division of Banking Charters New Bank
SPRINGFIELD – Aon Trust Company, Lincolnshire, Illinois recently opened for business as the newest Illinois State Chartered bank. The bank is the first state bank chartered in Illinois as a de novo...
View ArticleWilliamson County, IDFPR Investigate Suspended Pharmacy
SPRINGFIELD – A search warrant was executed on August 11, 2015 by the Carterville Police Department, in conjunction with the Williamson County Sherriff’s Office, after authorities were notified of...
View ArticleIllinois Announces Signing of Cooperative Agreements for the Supervision of...
SPRINGFIELD – Illinois has recently signed two cooperative agreements that will facilitate the ability of state chartered credit unions to operate across state lines. By signing the 2015 Nationwide...
View ArticleIllinois Registers First Medical Cannabis Dispensary
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (DFPR) announced today the registration of its first medical cannabis dispensary. Harbory, located at 8195 Express Drive...
View ArticleIDFPR July 2015 Enforcement Report
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that the Directors of Professional Regulation, Jay Stewart; Division of Banking, Michael Mannion;...
View ArticleIDFPR Launches New Website
CHICAGO – Illinois Department of Financial and Professional Regulation (IDFPR) Secretary Bryan Schneider today announced the launching of IDFPR’s new website as part of his agency’s ongoing efforts to...
View ArticleCyber Risk and Security Conference
CHICAGO – Cyber Risk continues to be one of the top regulatory concerns of banking regulators and the banking industry. Criminals are constantly seeking the opportunity to breach your data systems....
View ArticleIDFPR August 2015 Enforcement Report
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that the Director of the Division of Professional Regulation, Jay Stewart, signed the following...
View ArticleIllinois Takes Part in Nationwide Community Banking Study, Findings Announced
SPRINGFIELD – The results from a national survey entitled Community Banking in the 21st Century were announced today by the Conference of State Bank Supervisors (CSBS) and the Federal Reserve....
View ArticleNew Mortgage Loan Interface Increases Efficiency, Compliance
CHICAGO – In an effort to save mortgage licensees valuable time and resources, the Division of Banking at the Illinois Department of Financial Professional Regulation (DFPR) has created a new...
View ArticleIllinois Hosts Inaugural Interstate Medical Licensure Compact
CHICAGO – The State of Illinois and Illinois Department of Financial and Professional Regulation (DFPR) will host the first meeting of the Interstate Medical Licensure Compact Commission on October...
View ArticleFraudulent Cashier Check Alert
SPRINGFIELD – A bank in Sangamon County has advised that a fraudulent cashier’s check was presented for deposit. The Remitter was identified only as “Proceeds,” the payee as “Norvin Bowman,” and the...
View ArticleState Bank Regulators Announce Cyber Risk and Security Conferences
SPRINGFIELD – Underscoring Governor Rauner’s efforts to promote October as National Cyber Security Awareness Month, the Illinois Department of Financial and Professional Regulation (IDFPR) Division of...
View ArticleState Regulators Warn Halloween Colored Contacts Could Permanently Damage...
CHICAGO – With the Halloween season upon us, the Illinois Department of Financial and Professional Regulation (IDFPR) is reminding the public that purchasing colored contact lenses from anyone other...
View ArticleIDFPR Joins Fed for Outreach Meeting to Discuss Banking Regulations
CHICAGO – Officials with the Illinois Department of Financial and Professional Regulation (IDFPR) recently participated in a regulatory outreach meeting in Chicago to provide bankers, consumer and...
View ArticleState Regulator Elected Treasurer of Interstate Medical Licensure Compact
CHICAGO – Illinois Department of Financial and Professional Regulation (IDFPR) Medical Coordinator Dr. Brian Zachariah was elected treasurer of the Interstate Medical Licensure Compact Commission...
View ArticleIDFPR September 2015 Enforcement Report
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that the Directors of Professional Regulation, Jay Stewart; Division of Banking, Michael Mannion;...
View ArticleEmergency Proclamation for Amalgamated Bank of Chicago on November 12, 2015
SPRINGFIELD – State Issues Emergency Proclamation for Amalgamated Bank of Chicago on November 12, 2015.
View ArticleState Regulator: Title Insurance Upgrades Increase Efficiency, Reduce Costs
CHICAGO – In ongoing efforts to increase efficiency and regulatory responsiveness, the Illinois Department of Financial and Professional Regulation (IDFPR) has implemented a revised agent application...
View Article2015 Annual Foreign Corporate Fiduciary Report Mailed
SPRINGFIELD – State Mails 2015 Annual Foreign Corporate Fiduciary Report.
View ArticleIDFPR October 2015 Enforcement Report
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that the Directors of Professional Regulation, Jay Stewart; Division of Banking, Michael Mannion;...
View ArticleEmergency Proclamation for Byline Bank of Chicago on December 7, 2015
SPRINGFIELD – State Issues Emergency Proclamation for Byline Bank of Chicago on December 7, 2015.
View ArticleIDFPR November 2015 Enforcement Report
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that the Directors of Professional Regulation, Jay Stewart; Division of Banking, Michael Mannion;...
View ArticleEmergency Proclamation for Central and Southern Illinois Banks on December...
SPRINGFIELD – State Issues Emergency Proclamation for Central and Southern Illinois State Banks, Savings Banks, Savings & Loan Associations and Trust Companies on December 30, 2015.
View ArticleInterest Rates Affecting the Security Deposit Interest Act
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation, Division of Banking announced today that the interest rate paid by the largest commercial bank with its main banking...
View ArticleState Banking Regulators Discuss Agribusiness, State Charter Advantages with...
SPRINGFIELD – Officials with the Illinois Department of Financial and Professional Regulation (IDFPR) met Wednesday with bankers in Champaign and Decatur as a part of ongoing efforts to foster open...
View ArticleIDFPR December 2015 Enforcement Report
SPRINGFIELD – The Illinois Department of Financial and Professional Regulation (IDFPR) announced today that the Directors of Professional Regulation, Jay Stewart; Division of Banking, Michael Mannion;...
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