ICUL Service Corporation

Illinois Credit Union Hall of Fame

Harold "Tom" Welsh 
Inducted 4/97

When Tom Welsh retired as a league director from the Kankakee Chapter in 1991, he was recognized for his credit union achievements that spanned 27 years. Welsh has been active in the credit union movement at various levels. He always gave his best, no matter what responsibility he held.

In his native LaSalle, Illinois, Welsh began his credit union career as treasurer of EUC Employees Credit Union. Two years later, he became manager of Federal Paper Board Employees Credit Union in Morris. A decade passed before he became president and chief executive officer of General Foods Employees Credit Union (now Commonwealth Credit Union in Kankakee).

During those years, Tom was elected to the league board from the Tri County Chapter and later from the Kankakee Valley Chapter. In total, he served for nearly a quarter of a century holding offices that included both vice president and league board chair from 1977 to 1979.

Simultaneously, Welsh was elected to the board of the ICUL Service Corp. and served as president from 1974 to 1980. He was a part of the executive committee of Mid-States Corporate Federal Credit Union from 1975 to 1982, serving as secretary, vice president, vice chair and chair.

Welsh was a CUNA director from 1973 to 1985, acting as an alternate and then designated delegate. During those years, he was elected as treasurer, first vice chair and chair.

Tom was a member of the Credit Union Founders Club, having organized two credit unions. He was also a member of the Cooperative League of the United States, serving on its board, the Central Committee of the International Cooperative Alliance and the Membership Council of the World Council of Credit Unions.

Welsh gave generously of his time and talents to the credit union movement and his community. He was active in the Kankakee Chamber of Commerce, serving on its education and economic committees. Tom was a member of the finance committee of Wesley United Methodist Church in Bradley where he was past treasurer. He is a member and past-president of the Kankakee Consumer Credit Association and former member of the Consumer Commission, serving Kankakee, Bradley and Bourbonnais. Welsh has also been active in the Boy Scouts.

Tom served on the Governor’s Credit Union Advisory Board for the State of Illinois. We are fortunate to have such an energetic person in the credit union movement. We applaud Tom Welsh today as he is inducted into the Illinois Credit Union Hall of Fame.

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