ICUL Service Corporation

Illinois Credit Union Hall of Fame

George G. Burnett
Inducted 4/96

George Burnett had a major impact on the credit union movement in central and southern Illinois. Since 1977, the Alton Wood Chapter bears his name.

Burnett was the treasurer and general manager of the Olin Employees Credit Union for 32 years and a director emeritus for 12 years. George was a league director for 25 years and served as a CUNA national director. Burnett was president of the Illinois Credit Union League from 1957 to 1959. At various times, he also held all chair positions within his own chapter.

Before the creation of Mid-States Corporate Federal Credit Union, George’s business acumen helped solve cash flow needs at many credit unions. He set up a program through the Olin Employees Credit Union to provide the needed funding. Burnett was an individual who knew how to take action to help other people.

His enthusiasm knew few bounds. George served his community by being a trustee of the village of East Alton for several years. He also held a board position on the Credit Bureau of Alton.

One of the best tributes to Burnett lies in the fact that many credit unions within central and southern Illinois exist today because his vision made it possible. George truly belongs in the Illinois Credit Union Hall of Fame.

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