Quaker Oats Assistance
Weโre saddened by the closure of the Quaker Oats plant in Danville, and we understand its impact on our members and the community. Weโre here to help. UICCU is proactively taking steps to assist affected Quaker Oats employees by implementing supportive measures for their accounts, starting June 1st, 2024 โ March 31st, 2025.
Account Assistance
Effective June 1, 2024 โ March 31, 2025
Checking Fee Waivers
Checking fees will be automatically waived for those affected.
- Courtesy Pay Fees
- NSF Fees
- $6 Loyalty Checking Fees
- Illini PLUS Checking Fees
Loan Relief
- Late Fee Waivers
- Hardship Extensions โ 2 month deferral without fees*
- Skip-A-Pay โ under regular terms*
- UICCU First Mortgage Loan Modification*
Visa Relief
- Late Fee Waivers
- Hardship Extensions โ 2 month deferral without fees*
Certificate Relief
- No penalty for full or partial certificate withdrawals*
401K Assistance
-
Special Credit Union Traditional IRA Certificate Option:
- 3-year Certificate
- Special Rate for Quaker employees: 3.50% APY
- No UICCU Early Redemption Penalty withdrawals to move to another investment provider during initial 3 year term
- No UICCU Early Redemption Penalty withdrawals for current expenses, limited to one/month (this is a taxable withdrawal also subject to IRS early withdrawal penalties if applicable)
Find out more about UICCUโs Investment & Retirement services here.
*Available on Member Request
Contact Us
Donโt hesitate reach out to us with questions or to take advantage of the assistance available to you. And, visit our Financial Wellness Center for additional information and tools.