PRINTER'S NO. 850
No. 82 Session of 1997
INTRODUCED BY HASAY, LESCOVITZ, BAKER, GEIST, GORDNER, THOMAS,
LYNCH, ROONEY, KENNEY, ITKIN, HERMAN, L. I. COHEN, CLYMER,
LUCYK, ADOLPH, BUNT, STAIRS, DeLUCA, READSHAW, SCHRODER,
M. N. WRIGHT, YOUNGBLOOD, HENNESSEY, MARSICO, BELARDI, FLICK,
ZUG, BROWN, FEESE, COY, WAUGH, McCALL, BEBKO-JONES, RUBLEY,
RAYMOND, PESCI, DEMPSEY, TRELLO, FAIRCHILD, EGOLF,
McNAUGHTON, DRUCE, CORRIGAN, JAROLIN, HERSHEY, HESS, GLADECK,
FICHTER, JOSEPHS, MILLER, ROBERTS, MELIO, TIGUE, MASLAND,
SATHER, SANTONI, BROWNE, MUNDY, WOJNAROSKI, TRUE, TRAVAGLIO,
CAPPABIANCA, DONATUCCI, STABACK, CLARK, MICOZZIE, ARGALL,
DiGIROLAMO, PHILLIPS, FARGO, E. Z. TAYLOR, PRESTON, B. SMITH,
LEH, HALUSKA, NAILOR, WALKO, RAMOS AND BOSCOLA,
MARCH 12, 1997
INTRODUCED AS NONCONTROVERSIAL RESOLUTION UNDER RULE 35,
MARCH 12, 1997
A RESOLUTION
1 Designating April 20 through 26, 1997, as "Community Banking
2 Week" in Pennsylvania.
3 WHEREAS, For more than 150 years, Pennsylvania's community
4 financial institutions have provided the local support our
5 communities need to prosper and grow. Today, more than 400
6 community banks in this Commonwealth continue the tradition of
7 giving back to their local communities through nearly 2,000
8 banking offices. With more than $90 billion in assets, community
9 banks know that when money stays in town it becomes a renewable
10 resource, creating an economic cycle that constantly revitalizes
11 and stimulates local communities. Community banks are working
12 citizens in their communities in every sense of the word with
1 more than 30,000 full-time and part-time employees; and
2 WHEREAS, These banks have made significant contributions to
3 the economic well-being of Pennsylvania through their financial
4 support, their dedication as good neighbors and, above all,
5 their service as financially sound and reliable sources of
6 economic lifeblood in our communities; and
7 WHEREAS, Pennsylvania's community banks focus on the
8 prosperity of individuals and small businesses in their
9 hometowns. Community banks have reinvested, on average, 95% of
10 their loan portfolio in their own communities through
11 residential mortgages and commercial, agricultural and student
12 loans; and
13 WHEREAS, Community banks play a significant role in local
14 economic development efforts, stimulating the economy to produce
15 jobs and new opportunities and, as a group, they contribute an
16 important and strong part of the State's economic fabric; and
17 WHEREAS, Community banks also enjoy the trust of their
18 customers. Indeed, neighbors are helping neighbors build their
19 homes, save for higher education, plan for retirement and
20 fulfill other dreams. Community banks have long helped in the
21 development of our communities and the State as a whole, and we
22 look forward to many more contributions; therefore be it
23 RESOLVED, That the House of Representatives hereby designate
24 April 20 through 26, 1997, as "Community Banking Week" in
25 Pennsylvania with heartfelt appreciation for the contributions
26 of these helpful institutions; and be it further
27 RESOLVED, That copies of this resolution be transmitted to
28 the organizers of this observance as evidence of our sincere
29 appreciation.
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