Illinois credit unions are heeding the call of State Treasurer Alexi Giannoulias to promote low-cost or free checking accounts to underserved minorities.

An estimated 50 credit unions are slated to sign up for the "bank on" program that was started three years ago in California and is now expanding to other states with an eye to assisting the unbanked.

So far, more than half a dozen credit unions in Rockford and suburban Chicago have signed up for the program that was unveiled at press briefings coordinated by Giannoulias in Rockford, Aurora and downstate with the Illinois Credit Union League also taking part.

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