PRINTER'S NO. 2933
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE RESOLUTION
No.
726
Session of
2015
INTRODUCED BY ROTHMAN, THOMAS, HENNESSEY, WHEELAND, DUSH,
SONNEY, ROZZI, M. K. KELLER, SCHLOSSBERG, BOBACK, LONGIETTI,
QUIGLEY, BAKER, MILLARD, WATSON, WARD, IRVIN, MARSICO,
METZGAR, PICKETT, MURT, D. COSTA, DiGIROLAMO, R. BROWN,
MATZIE, JAMES, YOUNGBLOOD, MACKENZIE, SCHLEGEL CULVER,
SNYDER, CAUSER, A. HARRIS, ZIMMERMAN, MARSHALL, PEIFER,
BULLOCK, NEILSON, GROVE, ROSS, PAYNE, OBERLANDER, COHEN,
EVERETT, GILLEN, KINSEY, MAJOR, PHILLIPS-HILL AND FARRY,
MARCH 14, 2016
INTRODUCED AS NONCONTROVERSIAL RESOLUTION UNDER RULE 35,
MARCH 14, 2016
A RESOLUTION
Designating the month of April 2016 as "Community Banking Month"
in Pennsylvania.
WHEREAS, For more than 200 years, Pennsylvania's community
financial institutions have provided the local support that
communities in this Commonwealth need to prosper and grow; and
WHEREAS, Today more than 180 community banks in this
Commonwealth continue the tradition of giving back to their
local communities through more than 1,200 banking offices; and
WHEREAS, With more than $110 billion in assets, community
banks know that when money stays in a town it becomes a
renewable resource, creating an economic cycle that constantly
revitalizes and stimulates local communities; and
WHEREAS, These banks have made significant contributions to
the economic well-being of this Commonwealth through their
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financial support, their dedication as good neighbors and, above
all, their service as financially sound and reliable sources of
economic lifeblood in our communities; and
WHEREAS, Pennsylvania's community banks focus on the
prosperity of individuals and small businesses in their
hometowns and also enjoy the trust of their customers; and
WHEREAS, Community banks have reinvested, on average, 95% of
their loan portfolios in 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, they constitute 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 the
Commonwealth's economy; and
WHEREAS, Community banks have a long history of helping to
develop our communities and this Commonwealth as a whole, and we
look forward to many more contributions; therefore be it
RESOLVED, That the House of Representatives designate the
month of April 2016 as "Community Banking Month" in
Pennsylvania.
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