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HR1231 |
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LRB096 22270 GRL 41180 r |
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| HOUSE RESOLUTION
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| WHEREAS, The concept of today's savings banks and savings |
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| and loan associations, formerly known as building and loan |
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| associations, has been in effect in the State of Illinois since |
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| July 1, 1872, when the General Assembly passed an act to enable |
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| a group of individuals to raise funds for loan purposes among |
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| its members; and
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| WHEREAS, Savings banks have grown and prospered over the |
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| years, becoming strong financial institutions that contribute |
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| to the betterment of their communities in the process; and
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| WHEREAS, The Eureka Savings Bank of LaSalle, chartered on |
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| April 16, 1885, is celebrating 125 years of continuous |
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| existence in 2010; this organization has served as a bulwark of |
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| confidence and strength for the entire Illinois Valley |
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| community and has weathered depressions, financial crises, and |
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| other calamities that have plagued the nation throughout the |
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| last 125 years; therefore, be it
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| RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE |
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| NINETY-SIXTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that we |
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| congratulate the board and employees of the Eureka Savings Bank |
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| on the occasion of the organization's 125th anniversary and |
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| wish them continued success and happiness in the future; and be |