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Community

State Treasurer Frerichs, JPMorganChase Bring ‘Lincoln Ledger’ to Downtown Springfield

Silence DoGood - February 10, 2025

Illinois Treasurer Michael Frerichs and JPMorganChase officials on Monday unveiled the reproduction of a ledger that contains records of Honest Abe’s banking activity ahead of Lincoln’s Birthday, which is Wednesday. #ledger

Chicago

Challenges to Illinois’ pending interchange law continue to play out in court

Kevin Bessler | The Center Square - February 9, 2025

The law prohibits a credit card holder’s bank from charging or receiving interchange fees on portions of transactions, including taxes and gratuities. It is scheduled to go into effect July 1. #fees

Chicago

Suburban Chicago Businessman Sentenced to Three Years in Prison for Bank Fraud

Silence DoGood - February 2, 2025

Schiff, 50, of Riverwoods, Ill., pleaded guilty in 2023 to a federal bank fraud charge. In addition to the prison sentence, U.S. District Judge Mary M. Rowland on Jan. 16, 2025, ordered Schiff to pay $2,955,954 in restitution. #fraud

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