HR0961 97TH GENERAL ASSEMBLY

HR0961 LRB097 21147 KXB 68654 r

HOUSE RESOLUTION

WHEREAS, The concept of today's savings banks and savings and loan associations has been in effect in the State of Illinois since July 1, 1872, when the General Assembly passed an act to enable a group of individuals to raise funds for loan purposes among its members; and

WHEREAS, Savings banks have grown and prospered over the years, becoming strong financial institutions that contribute to the betterment of their communities in the process; and

WHEREAS, Hoyne Savings Bank of Chicago, chartered on January 1, 1887, is celebrating 125 years of continuous service to the community in 2012; and

WHEREAS, Hoyne Savings Bank has served as a bulwark of confidence and strength for the entire Chicago community and has weathered depressions, financial crises, and other calamities that have plagued the nation throughout its 125 years of operation; therefore, be it

RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE NINETY-SEVENTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that we congratulate the board and employees of Hoyne Savings Bank on the occasion of the 125th anniversary of the institution and wish them continued success and happiness in the future; and be it further

RESOLVED, That a suitable copy of this resolution be presented to Hoyne Savings Bank as a symbol of our respect and esteem.