HR0588LRB100 13874 MST 28601 r

1
HOUSE RESOLUTION

 
2    WHEREAS, The members of the Illinois House of
3Representatives are pleased to recognize the Central Federal
4Savings and Loan Association on the occasion of its 125th
5anniversary; and
 
6    WHEREAS, The Central Federal Savings and Loan Association
7was established in 1892 as the Jungman Building & Loan
8Association, a small state building and loan association in
9order to make loans for the purpose of "building and improving
10homesteads"; and
 
11    WHEREAS, Originally located at 401 W. 18th Street in
12Chicago, in the 1920s, the Central Federal Savings and Loan
13Association moved to other locations in the Pilsen area; in
141934, it moved to 5339 W. 25th Street in Cicero, at which time
15it secured a federal charter and became known as the Jungman
16Federal Savings & Loan Association; and
 
17    WHEREAS, In 1939, the Central Federal Savings and Loan
18Association moved to its current location at 5953 West Cermak
19Road in Cicero and adopted its current name; and
 
20    WHEREAS, The Central Federal Savings and Loan Association
21has maintained its commitment to community banking during its

 

 

HR0588- 2 -LRB100 13874 MST 28601 r

1125-year history, and has grown its asset size to the level of
2$177 million; therefore, be it
 
3    RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE
4HUNDREDTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that we
5recognize the Central Federal Savings and Loan Association on
6its 125th anniversary and we wish them success and prosperity
7in the future; and be it further
 
8    RESOLVED, That a suitable copy of this resolution be
9presented to the Central Federal Savings and Loan Association
10as a symbol of our esteem and respect.