Bank of America Program Termination
On December 31, 2009, the MasterCard and American Express affinity and sponsorship agreements among the University of Illinois Alumni Association and the University of Illinois and Bank of America expired without renewal.
Under the terms of the agreements, Bank of America was permitted to continue to use licensed University images, logos and marks on existing cards until their expiration dates. The University of Illinois Alumni Association continues to earn royalties on these cards through December 31, 2011. Bank of America may reissue cards without University of Illinois logos and marks to its customers; however, after December 31, 2011, these cards will no longer financially benefit the Alumni Association in any way.
You may continue to use any of these cards, other cards with University of Illinois, UIC or UIS images, logos and marks or generic replacement cards issued by Bank of America under the terms of your cardholder agreement with Bank of America. The University of Illinois Alumni Association and the University of Illinois do not endorse, sponsor or derive any financial benefit from their use.
To apply for the new, official Visa card of the University of Illinois issued by the University of Illinois Employees Credit Union, go to www.illinoiscards.org.
Loren R. Taylor
President & CEO