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1
HOUSE RESOLUTION

 
2    WHEREAS, The members of the Illinois House of
3Representatives are pleased to congratulate Jack Teausant on
4the occasion of his retirement after 37 years in the credit
5union industry; and
 
6    WHEREAS, Jack Teausant officially began his credit union
7career on May 1, 1976, following in the footsteps of his
8grandfather, who organized Glass Workers Credit Union in 1951,
9and his mother, who served as the first full-time employee of
10the credit union in 1954; and
 
11    WHEREAS, Under Jack Teausant's leadership Glass Workers
12Credit Union experienced positive growth and the inclusion of
13local trade unions in its field of membership and expanded
14presence in the community thus becoming Financial Plus Credit
15Union; and
 
16    WHEREAS, Jack Teausant has dedicated countless hours of
17service to ensure that Financial Plus Credit Union is a strong
18community credit union in LaSalle, Grundy, Bureau, and Putnam
19counties, serving more than 23,000 members; and
 
20    WHEREAS, Jack Teausant's family lived and breathed the
21credit union philosophy of "members helping members", which led

 

 

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1to his ability to instill drive and dedication in the people he
2has worked with throughout his career; and
 
3    WHEREAS, Jack Teausant's commitment to the credit union
4movement has led to his tireless efforts to advance financial
5literacy through participation in the Junior Achievement
6program, as well as programs offered to assist those with
7little means; and
 
8    WHEREAS, Throughout his career, Jack Teausant has held many
9leadership positions within the credit union community and
10specifically Tri-County Credit Union Chapter, including Youth
11Involvement Representative, Legislative Forum Representative,
12Illinois Credit Union Foundation Representative, Chapter Board
13Member, Illinois Credit Union League Board Chairman in 2004 and
142005, and a notable presence on the Credit Union PAC Board from
151981 to 1994, having served as Chairman in 1994; and
 
16    WHEREAS, Financial Plus Credit Union has thrived under Jack
17Teausant's leadership, receiving highest honors of the Dora
18Maxwell Social Responsibility Award for the past 18 years and
19winning the distinguished United States Chamber of Commerce
20Small Business Award for excellence in 2005, 2006, 2007, and
212009; and
 
22    WHEREAS, Jack Teausant was recognized for his excellence in

 

 

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1service to the credit union industry by being named "Executive
2of the Year" in 1982 and 2000 by the Illinois Credit Union
3Executive Society; and
 
4    WHEREAS, Jack Teausant has ensured that all people have a
5place to come where they feel respected, valued, and able to
6conduct their financial business with trust; and
 
7    WHEREAS, Jack Teausant will remain a respected role model
8for credit union leaders and serve as an inspiration for his
9board, staff, and community well into the future; and
 
10    WHEREAS, Jack Teausant was recognized for his lifetime
11achievements and leadership on behalf of the Illinois credit
12union movement when he was inducted into the Illinois Credit
13Union Hall of Fame in 2012; therefore, be it
 
14    RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE
15NINETY-EIGHTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that
16we congratulate Jack Teausant on the occasion of his retirement
17after a lifetime of service to the credit union industry; and
18be it further
 
19    RESOLVED, That a suitable copy of this resolution be
20presented to Jack Teausant as an expression of our esteem and
21respect.