CEO to lead fund-raiser
November 11, 1991
The chairman of the board and CEO of the First National Bank in Hoffman Estates is looking for area businesses to dole out funds for the Hoffman Estates consolidation project.
George Moser, responding to an invitation from NIU, will be leading a fund-raising drive for the $6.2 million center, which will consolidate classes offered at more than 30 off-campus sites.
Moser has targeted the Interstate 90 private business sector for the bulk of the campaign. He said the Education Center will serve as a unique and tremendous addition to the I-90 golden corridor of businesses.
Moser said the leaders of area firms will see the Education Center as a valuable asset to higher education and early preparation for the job market.
NIU President John La Tourette has said no state funding will be used for construction of the center. Financing will be met through increases in tuition and fees at the center and redistribution of funding for off-campus rentals.
The 3.9 acre site was donated to NIU by the Village of Hoffman Estates and Sears and Roebuck. Sears donated land for the project valued at $1.2 million.
Early October marked the beginning of construction for the center and the expected completion date is August of 1992.
Moser is also chair of the Charter State Bank and Trust of Illinois. His most recent position has been as chairman of the selection committee for the new State of Illinois bank commissioner.
He has served in Gov. James Thompson’s honorary cabinet, served as president of the National Environmental Systems Contractors Association and director of the Metropolitan Chicagoland Industry Fund.
Also, in addition to leading the campaign for funding, he donated $25,000 from the Moser family foundation to build a lobby for the center which will be named in honor of the Moser family.