Bill Text: PA HR141 | 2011-2012 | Regular Session | Introduced


Bill Title: Designating the week of April 4 through 8, 2011, as "Community Banking Week" in Pennsylvania.

Spectrum: Bipartisan Bill

Status: (Passed) 2011-04-04 - Adopted (196-0) [HR141 Detail]

Download: Pennsylvania-2011-HR141-Introduced.html

  

 

    

PRINTER'S NO.  1175

  

THE GENERAL ASSEMBLY OF PENNSYLVANIA

  

HOUSE RESOLUTION

 

No.

141

Session of

2011

  

  

INTRODUCED BY HESS AND DALEY, MARCH 17, 2011

  

  

INTRODUCED AS NONCONTROVERSIAL RESOLUTION UNDER RULE 35, MARCH 17, 2011  

  

  

  

A RESOLUTION

  

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Designating the week of April 4 through 8, 2011, as "Community

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Banking Week" in Pennsylvania.

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WHEREAS, For more than 200 years, Pennsylvania's community

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financial institutions have provided the local support that

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Commonwealth communities need to prosper and to grow; and

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WHEREAS, Today, more than 225 community banks in this

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Commonwealth continue the tradition of giving back to their

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local communities through nearly 2,500 banking offices; and

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WHEREAS, With more than $90 billion in assets, community

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banks know that when money stays in a town it becomes a

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renewable resource, creating an economic cycle that constantly

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revitalizes and stimulates local communities; and

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WHEREAS, Community banks are working citizens in their

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communities in every sense of the word with more than 40,000

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full-time and part-time employees; and

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WHEREAS, These banks have made significant contributions to

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the economic well-being of this Commonwealth through their

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financial support, their dedication as good neighbors and, above

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all, their service as financially sound and reliable sources of

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economic lifeblood in our communities; and

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WHEREAS, Pennsylvania's community banks focus on the

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prosperity of individuals and small businesses in their

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hometowns; and

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WHEREAS, Community banks have reinvested, on average, 95% of

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their loan portfolios in their own communities through

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residential mortgages and commercial, agricultural and student

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loans; and

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WHEREAS, Community banks play a significant role in local

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economic development efforts, stimulating the economy to produce

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jobs and new opportunities and, as a group, they contribute an

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important and strong part of this Commonwealth's economic

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fabric; and

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WHEREAS, Community banks also enjoy the trust of their

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customers; and

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WHEREAS, Through community banks, neighbors are helping

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neighbors build their homes, save for higher education, plan for

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retirement and fulfill other dreams; and

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WHEREAS, Community banks have long helped in the development

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of our communities and this Commonwealth as a whole, and we look

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forward to many more contributions; therefore be it

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RESOLVED, That the House of Representatives designate the

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week of April 4 through 8, 2011, as "Community Banking Week" in

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Pennsylvania.

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