Press

NAPERVILLE, IL (June 11, 2015) – The Illinois Credit Union League (ICUL) and ICUL Service Corporation (LSC) are pleased to announce the selection of Tom Kane as president/CEO, effective immediately.  Kane had been serving as interim CEO since May 26, 2015.

“We are excited to elevate Tom to president/CEO,” said Pete Paulson, ICUL & LSC board chairman.  “With his relationships inside and outside the organization, knowledge of the movement and wide range of experience, Tom is uniquely qualified to lead the Illinois Credit Union System.”

Kane’s track record of strong leadership includes the last 12 years as executive vice president of the League and LSC, ICUL’s $65 million business subsidiary that provides financial products and services for more than 2,300 credit unions across the country. In this role, he led the operations, finance, information technology, and administrative functions and served as the organization’s chief security officer.

“I am honored to have the opportunity to lead this organization, which does such a great job of serving credit unions in Illinois and across the country,” said Kane.  “It’s a privilege to lead such an experienced and effective team focused on the credit union philosophy of ‘people helping people’.”

Kane’s career over the past 30 years has included leadership positions with Aon Corporation, Quaker Oats and the Central Intelligence Agency.

“Throughout his career, Tom has demonstrated the ability to be a successful and innovative leader.  Even more importantly, he’s a great fit for serving credit unions and we look forward to the energy, commitment, and values Tom will bring to his new role,” concluded Paulson.

About ICUL

The Illinois Credit Union League (ICUL) is the primary trade association for credit unions in Illinois and provides its members with compliance and other pertinent operating information, legislative advocacy and educational development opportunities.  Membership is open to any credit union operating in accordance with the Illinois Credit Union Act or the Federal Credit Union Act.  There are 306 credit unions in Illinois serving almost 3 million members.  More information can be found at: http://www.iculeague.org

About LSC®

LSC® is a credit union service organization offering a wide array of products and services and is dedicated to helping credit unions compete.   Its experience and expertise in all areas from card programs and customer service to education and legal advocacy, as a corporate partner of the Illinois Credit Union League, has made LSC a key support provider in the credit union movement.   Its products include credit, debit, pre-paid debit, portfolio development assistance, ATM services, mobile applications, and debt collection.  It serves more than 2,300 credit unions in 50 states.  More information can be found at: http://www.lsc.net.