State offers $100M in loans to federal workers during shutdown

By Adrianna Pitrelli Law Bulletin staff writer

Posted January 24, 2019 11:20 AM

SPRINGFIELD — Gov. J.B. Pritzker and Treasurer Michael Frerichs announced $100 million of the state’s $12 billion investment portfolio will fund zero- and low-interest loans to Illinois federal workers during the partial federal government shutdown.Pritzker and Frerichs said Wednesday at the Capitol that the treasurer’s office will partner with various banks and credit unions across the state to provide the loans. The treasurer’s office will make deposits in participating financial institutions …

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