prosperity of individuals and small businesses in their
hometowns and enjoy the trust of their customers; and
WHEREAS, Community banks have reinvested, on average, 95% of
their loan portfolios into their own communities through
residential mortgages and commercial and agricultural loans; and
WHEREAS, Community banks play a significant role in local
economic development efforts, stimulating the economy to produce
jobs and new opportunities and, as a group, contribute an
important and strong part of this Commonwealth's economic
fabric; and
WHEREAS, Neighbors are helping neighbors build their homes,
save for higher education, plan for retirement and fulfill other
dreams through community banks; and
WHEREAS, Community banks have continued their strong
tradition of small business lending, in spite of difficult
economic conditions, so that they may strengthen and support
this Commonwealth's economy; and
WHEREAS, Community banks have long helped in the development
of our communities and this Commonwealth as a whole, and we look
forward to many more contributions; therefore be it
RESOLVED, That the Senate designate the month of April 2015
as "Community Banking Month" in Pennsylvania.
20150SR0087PN0781 - 2 -
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