IDFPR's Division of Banking page states that the Illinois CRA annual fee for FY 2027 is due July 31 for banks and covered mortgage licensees. The page also notes online payment availability.
What changed
IDFPR flagged the annual Illinois CRA fee obligation and payment timing for the next fiscal year.
Compliance perspective
Affected banks and covered mortgage licensees should confirm fee calculations, submit payment by July 31, and retain proof of payment. Licensing teams should also coordinate with finance to avoid a preventable late fee or filing issue.
Need help staying compliant?
Tell us where you operate and what licenses you hold; we'll handle the filings and renewals so changes like this do not catch you off guard.