CHICAGO — Raymond Tesdahl, former CEO of Great Lakes credit union here, passed away peacefully at his home in Arizona on Nov. 4.
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Tesdahl retired in 1988 after 32 years of service to GLCU. He was also a founding father of the Defense Credit Union Council in 1963, and was well known throughout the credit union community.
Under his guidance GLCU grew in assets from $5 million to $160 million. In addition Tesdahl oversaw the building of GLCU's administrative headquarters in North Chicago. In honor of his memory, GLCU will award a special one-time scholarship in Tesdahl's name next year.
Tesdahl is survived by his wife Joyce, two sons, four grandchildren and three great-grandchildren.
