PRINTER'S NO. 1085
No. 152 Session of 2005
INTRODUCED BY HASAY, ARGALL, ARMSTRONG, BAKER, BALDWIN, BARRAR, BEBKO-JONES, BELARDI, BELFANTI, BENNINGHOFF, BOYD, BUXTON, CALTAGIRONE, CAPPELLI, CAWLEY, CORRIGAN, CRAHALLA, CREIGHTON, CRUZ, DALLY, DENLINGER, DeWEESE, DiGIROLAMO, DONATUCCI, FAIRCHILD, FLEAGLE, FORCIER, FRANKEL, FREEMAN, GEIST, GEORGE, GINGRICH, GODSHALL, GOODMAN, GRUCELA, HARPER, HARRIS, HENNESSEY, HERMAN, HERSHEY, HESS, HUTCHINSON, JAMES, KOTIK, MAJOR, MANDERINO, MANN, MARSICO, McGILL, McILHATTAN, R. MILLER, MUNDY, MUSTIO, NAILOR, PALLONE, PAYNE, PETRARCA, PETRI, PHILLIPS, PICKETT, READSHAW, REICHLEY, ROHRER, ROSS, RUBLEY, SAINATO, SANTONI, SATHER, SCAVELLO, SCHRODER, SEMMEL, SHANER, B. SMITH, SOLOBAY, STABACK, STAIRS, R. STEVENSON, TANGRETTI, E. Z. TAYLOR, TIGUE, TRUE, WALKO, WANSACZ, WATERS, YOUNGBLOOD AND ZUG, MARCH 15, 2005
INTRODUCED AS NONCONTROVERSIAL RESOLUTION UNDER RULE 35, MARCH 15, 2005
A RESOLUTION 1 Designating April 11 through 16, 2005, as "Community Banking 2 Week" in Pennsylvania. 3 WHEREAS, For more than 170 years, Pennsylvania's community 4 financial institutions have provided the local support our 5 communities need to prosper and grow. Today, more than 300 6 community banks in this Commonwealth continue the tradition of 7 giving back to their local communities through nearly 2,500 8 banking offices. With more than $130 billion in assets, 9 community banks know that when money stays in town it becomes a 10 renewable resource, creating an economic cycle that constantly 11 revitalizes and stimulates local communities. Community banks
1 are working citizens in their communities in every sense of the 2 word with more than 40,000 full-time and part-time employees; 3 and 4 WHEREAS, These banks have made significant contributions to 5 the economic well-being of Pennsylvania through their financial 6 support, their dedication as good neighbors and, above all, 7 their service as financially sound and reliable sources of 8 economic lifeblood in our communities; and 9 WHEREAS, Pennsylvania's community banks focus on the 10 prosperity of individuals and small businesses in their 11 hometowns. Community banks have reinvested, on average, 95% of 12 their loan portfolio in their own communities through 13 residential mortgages and commercial, agricultural and student 14 loans; and 15 WHEREAS, Community banks play a significant role in local 16 economic development efforts, stimulating the economy to produce 17 jobs and new opportunities and, as a group, they contribute an 18 important and strong part of the Commonwealth's economic fabric; 19 and 20 WHEREAS, Community banks also enjoy the trust of their 21 customers. Indeed, neighbors are helping neighbors build their 22 homes, save for higher education, plan for retirement and 23 fulfill other dreams. Community banks have long helped in the 24 development of our communities and the Commonwealth as a whole, 25 and we look forward to many more contributions; therefore be it 26 RESOLVED, That the House of Representatives hereby designate 27 April 11 through 16, 2005, as "Community Banking Week" in 28 Pennsylvania with heartfelt appreciation for the contributions 29 of these helpful institutions; and be it further 30 RESOLVED, That copies of this resolution be transmitted to 20050H0152R1085 - 2 -
1 the organizers of this observance as evidence of our sincere 2 appreciation. C2L82JS/20050H0152R1085 - 3 -