Bill Text: IL HR0588 | 2017-2018 | 100th General Assembly | Introduced
Bill Title: Recognizes the Central Federal Savings and Loan Association on its 125th anniversary.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2017-10-24 - Resolution Adopted [HR0588 Detail]
Download: Illinois-2017-HR0588-Introduced.html
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1 | HOUSE RESOLUTION
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2 | WHEREAS, The members of the Illinois House of | ||||||
3 | Representatives are pleased to recognize the Central Federal | ||||||
4 | Savings and Loan Association on the occasion of its 125th | ||||||
5 | anniversary; and
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6 | WHEREAS, The Central Federal Savings and Loan Association | ||||||
7 | was established in 1892 as the Jungman Building & Loan | ||||||
8 | Association, a small state building and loan association in | ||||||
9 | order to make loans for the purpose of "building and improving | ||||||
10 | homesteads"; and
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11 | WHEREAS, Originally located at 401 W. 18th Street in | ||||||
12 | Chicago, in the 1920s, the Central Federal Savings and Loan | ||||||
13 | Association moved to other locations in the Pilsen area; in | ||||||
14 | 1934, it moved to 5339 W. 25th Street in Cicero, at which time | ||||||
15 | it secured a federal charter and became known as the Jungman | ||||||
16 | Federal Savings & Loan Association; and
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17 | WHEREAS, In 1939, the Central Federal Savings and Loan | ||||||
18 | Association moved to its current location at 5953 West Cermak | ||||||
19 | Road in Cicero and adopted its current name; and
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20 | WHEREAS, The Central Federal Savings and Loan Association | ||||||
21 | has maintained its commitment to community banking during its |
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1 | 125-year history, and has grown its asset size to the level of | ||||||
2 | $177 million; therefore, be it
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3 | RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE | ||||||
4 | HUNDREDTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that we | ||||||
5 | recognize the Central Federal Savings and Loan Association on | ||||||
6 | its 125th anniversary and we wish them success and prosperity | ||||||
7 | in the future; and be it further
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8 | RESOLVED, That a suitable copy of this resolution be | ||||||
9 | presented to the Central Federal Savings and Loan Association | ||||||
10 | as a symbol of our esteem and respect.
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