HR0776 98TH GENERAL ASSEMBLY

HR0776 LRB098 16649 GRL 51717 r

HOUSE RESOLUTION

WHEREAS, The members of the Illinois House of Representatives are pleased to congratulate Jack Teausant on the occasion of his retirement after 37 years in the credit union industry; and

WHEREAS, Jack Teausant officially began his credit union career on May 1, 1976, following in the footsteps of his grandfather, who organized Glass Workers Credit Union in 1951, and his mother, who served as the first full-time employee of the credit union in 1954; and

WHEREAS, Under Jack Teausant's leadership Glass Workers Credit Union experienced positive growth and the inclusion of local trade unions in its field of membership and expanded presence in the community thus becoming Financial Plus Credit Union; and

WHEREAS, Jack Teausant has dedicated countless hours of service to ensure that Financial Plus Credit Union is a strong community credit union in LaSalle, Grundy, Bureau, and Putnam counties, serving more than 23,000 members; and

WHEREAS, Jack Teausant's family lived and breathed the credit union philosophy of "members helping members", which led to his ability to instill drive and dedication in the people he has worked with throughout his career; and

WHEREAS, Jack Teausant's commitment to the credit union movement has led to his tireless efforts to advance financial literacy through participation in the Junior Achievement program, as well as programs offered to assist those with little means; and

WHEREAS, Throughout his career, Jack Teausant has held many leadership positions within the credit union community and specifically Tri-County Credit Union Chapter, including Youth Involvement Representative, Legislative Forum Representative, Illinois Credit Union Foundation Representative, Chapter Board Member, Illinois Credit Union League Board Chairman in 2004 and 2005, and a notable presence on the Credit Union PAC Board from 1981 to 1994, having served as Chairman in 1994; and

WHEREAS, Financial Plus Credit Union has thrived under Jack Teausant's leadership, receiving highest honors of the Dora Maxwell Social Responsibility Award for the past 18 years and winning the distinguished United States Chamber of Commerce Small Business Award for excellence in 2005, 2006, 2007, and 2009; and

WHEREAS, Jack Teausant was recognized for his excellence in service to the credit union industry by being named "Executive of the Year" in 1982 and 2000 by the Illinois Credit Union Executive Society; and

WHEREAS, Jack Teausant has ensured that all people have a place to come where they feel respected, valued, and able to conduct their financial business with trust; and

WHEREAS, Jack Teausant will remain a respected role model for credit union leaders and serve as an inspiration for his board, staff, and community well into the future; and

WHEREAS, Jack Teausant was recognized for his lifetime achievements and leadership on behalf of the Illinois credit union movement when he was inducted into the Illinois Credit Union Hall of Fame in 2012; therefore, be it

RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE NINETY-EIGHTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that we congratulate Jack Teausant on the occasion of his retirement after a lifetime of service to the credit union industry; and be it further

RESOLVED, That a suitable copy of this resolution be presented to Jack Teausant as an expression of our esteem and respect.