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| | HR0252 | | LRB101 11961 MST 59100 r |
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1 | | HOUSE RESOLUTION
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2 | | WHEREAS, For more than a century, Illinois community banks |
3 | | and thrifts have acted as the community partner for local |
4 | | business, industry, and individuals; and |
5 | | WHEREAS, The Community Bankers Association of Illinois is |
6 | | celebrating its 45th year of serving
Illinois community banks; |
7 | | and
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8 | | WHEREAS, Over 400 locally owned and/or operated community |
9 | | banks and thrifts with
thousands of banking offices in Illinois |
10 | | have upheld a tradition of giving back to their communities; |
11 | | and
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12 | | WHEREAS, Illinois community banks and thrifts employ over |
13 | | 30,000 workers across the
State; and
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14 | | WHEREAS, On the average, over 95 percent of a community |
15 | | financial institution's loan
portfolio is reinvested in the |
16 | | local area as farm, commercial, small-business, and |
17 | | residential loans; and
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18 | | WHEREAS, Illinois community banks and thrifts are among the |
19 | | safest and most well-capitalized
banks in the nation; and
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