ICUL Service Corporation

Illinois Credit Union Hall of Fame

Arvid F. Nelson 
Inducted 4/96

Arvid Nelson visibly dedicated more than four decades of his life to the credit union movement. His death at the age of 85 in 1986 was a loss felt by many whom he helped along the way. We honor him now in the Illinois Credit Union Hall of Fame.

Nelson had many interests in his lifetime, with credit unions ranking right on top. He served as a board member for 29 years and as secretary of the Northwestern Publishing Company Employees Credit Union for many years. He was president of the Vermilion County Chapter Credit Union for 12 years.

Nelson was a director for the Illinois Credit Union League for a quarter of a century. He was a valued member of the executive committee for twelve of those years. Nelson was an advisory board member with the Department of Financial Institutions for a decade. He held the voluntary position of director of CUNA for six years and CUNA Supply for three.

In 1976 the Danville Chapter of Credit Unions changed its name to the Arvid F. Nelson Chapter to recognize his leadership and accomplishments. He personally organized 25 credit unions in east central Illinois. Nelson’s pioneer spirit inspires today’s new emerging leaders throughout Illinois.

Nelson graduated from Illinois State University at Normal. He taught at Rankin and Armstrong High Schools in Danville. Nelson’s passion for sports kept him very active as a coach and official referee.

For over a half century, Further Light Masonic Lodge 1130, AF&AM benefited from his involvement in that organization. Nelson had retired as auditor of the Danville Commercial-News after 24 years of service there.

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