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Tom Kane named Illinois League Interim President/CEO

NAPERVILLE, IL (May 26, 2015) – The Boards of Directors of the Illinois Credit Union League (ICUL) and the ICUL Service Corporation (LSC) have named Tom Kane, LSC EVP/COO, as interim President/CEO.

Sean Hession has left his position as President/CEO, effective immediately. Hession had served in this capacity for just over a year and the Boards of the ICUL and LSC wish him well.

Kane possesses a wealth of experience to lead the organizations with a 30-year background in a variety of industries, including leadership positions with Aon Corporation, Quaker Oats and the Central Intelligence Agency. For the past 12 years, he has overseen the areas of operations, finance, and information technology for LSC, ICUL’s $60 million business subsidiary that provides financial products and services for more than 2,300 credit unions across the country.

“Our boards of directors will be meeting to discuss our plan to search for a permanent successor,” said Peter Paulson, ICUL Chairman of the Board. “We have every confidence in Tom’s abilities to continue delivering the crucial products and services that help our member credit unions thrive in Illinois and across the country.”

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.

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.


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