Full Text of HR1175 94th General Assembly
HR1175 94TH GENERAL ASSEMBLY
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HR1175 |
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| HOUSE RESOLUTION
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| WHEREAS, Eldon Arnold will retire from his position as | 3 |
| President and CEO of Citizens Equity First Credit Union (CEFCU) | 4 |
| on May 1, 2006; and
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| WHEREAS, Mr. Arnold's career as President/CEO of CEFCU, | 6 |
| headquartered in Peoria, began in May of 1998; prior to that, | 7 |
| he had served as an employee and as a Director of the Credit | 8 |
| Union; and
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| WHEREAS, Today, CEFCU is one of the largest credit unions | 10 |
| in the nation and the largest locally-owned financial | 11 |
| institution in Central Illinois with assets of nearly $3 | 12 |
| billion, more than 700 employees, 226,000 members, and 19 | 13 |
| Member Centers; and
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| WHEREAS, In the eight years under his leadership, CEFCU has | 15 |
| realized significant changes; its net worth more than doubled; | 16 |
| its assets and loans increased by over $1 billion; membership | 17 |
| increased by 23,500 net new members; New Member Centers were | 18 |
| opened in Bloomington, Normal, and Morton, and two more will | 19 |
| open in Springfield and northwest Peoria in 2006; and there | 20 |
| were many more improvement during his tenure; and
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| WHEREAS, Active in the Peoria community, Mr. Arnold has | 22 |
| served on the Boards of the Peoria Civic Federation, OSF Saint | 23 |
| Francis Medical Center College of Nursing, the Greater Peoria | 24 |
| Family YMCA, the Community Foundation of Central Illinois, the | 25 |
| Peoria Area Economic Development Council, and the Peoria | 26 |
| Historical Society; additionally, he chaired the American | 27 |
| Heart Association Heartwalk and served as a member of the Girl | 28 |
| Scouts Capital Campaign Cabinet; and
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| WHEREAS, He served as a director for MEMBERS Development | 30 |
| Corporation, CUNA Mutual, CEFCU, and CEFCU Financial Services, |
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| Inc.; his professional affiliations included membership on the | 2 |
| Research Council for the Filene Research Institute (University | 3 |
| of Wisconsin), the Credit Union National Association's (CUNA) | 4 |
| Payment Systems Subcommittee, the National Association of | 5 |
| Federal Credit Union's Legislative Committee, the Filene | 6 |
| Research Institute Leadership Circle, and the Central States | 7 |
| Credit Union Roundtable; in his retirement, Mr. Arnold plans to | 8 |
| remain on the CEFCU Board of Directors; and
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| WHEREAS, His educational background includes study at Iowa | 10 |
| State University, Illinois Central College, Stanford | 11 |
| University, and the University of Colorado; he was born in | 12 |
| Monmouth and lives with his wife, Bev, in Peoria; they have two | 13 |
| sons and six grandchildren; he enjoys golf, and he and Bev plan | 14 |
| to travel; therefore, be it
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| RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE | 16 |
| NINETY-FOURTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that | 17 |
| we congratulate Eldon Arnold on the occasion of his retirement, | 18 |
| and we wish him well in the future; and be it further
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| RESOLVED, That a suitable copy of this resolution be | 20 |
| presented to Mr. Arnold as an expression of our esteem.
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