Growing Together

Independent Banker, January 1999 | Go to article overview
Save to active project

Growing Together


Welcome new IBAA members in promoting community banking

A Renaissance is taking place in community banking. In contrast to the raucous, earth-rattling consolidation among the country's biggest bank chains, a quiet reaction against fast-food-style financial services is growing. People, whether they be farmers, small business owners or everyday consumers, want more for their money.

As a result, new community banks are popping ul) all over the country, from Sacramento, Calif., to Stockbridge, Ga. The year 1998 saw more than 178 new commercial banks and thrifts open their doors, following the pace of a growing number of startup banks not seen since 1989.

Community banks remain the economic workhorses of Main Street America. They are a lifeline for small businesses and an extra pair of hands to family farms. For everyday consumers, they provide financial peace of mind-and usually better rates and lower fees. They provide strength to local economies and the key to individual dreams. Of course, you know this firsthand. In many small and large ways, you see the positive impact your bank has on its community. You fulfill a special role in providing a broad range off reliable, high-touch financial services.

Although community bankers must confront man,/ challenges and significant changes in the years ahead, the outlook for our industry is bright and getting brighter. IBAA salutes community banks that recently joined our membership fold. It's our grass-roots membership that assures that, as we stand together, our future remains promising and strong.

PENNSYLVANIA BANK PUTS DOLLAR VALUE ON LITERACY

Talk about a smart return on an investment. More than 2,000 children read more than 20,000 books last summer as part of Harleysville National Bank and Trust Co.'s "Books for Bucks" literacy program in Harleysville, Pa. Children ages 5-12 were invited to take part in the program, which ran from June 1-Sept. 4, 1998. Participants acquired reading record forms from their local libraries or any of the bank's 21 offices. For each book the child read, the bank deposited $1 into an existing or new kids account (maximum $10 per child).

"This program is a wonderful way not only to teach children good reading habits, but also to prepare them for the school year," said Deb Takes, the bank's executive vice president and COO.

"Books For Bucks" is part of Harleysville National Bank and Trust Co.'s Kids Banking program, which started 10 years ago to teach kids early on about good savings habits. Children save money through the program with their own specially designed savings account. These kids accounts have no minimum balance requirements, and all earn interest compounded monthly based on the bank's statement savings rate.

COLORADO STUDENTS CITE BANKS' CONTRIBUTIONS TO COMMUNITY The Independent Bankers of Colorado made three high school seniors' transition to college life a little easier last fall when it chose them as the 1998 recipients of its Community Bank Student Scholarship Program.

Vanessa Hall, sponsored by the First National Bank of Akron, and Kristy Buffington, sponsored by Dove Creek State Bank in Dove Creek, each received $1,000 scholarships. Gene Dwinell, sponsored by State Bank of Wiley, received a $500 scholarship.

Qualifications to receive a scholarship were a grade point average of 3.0 or greater; acceptance at a Colorado college as a full-time student; either personal or parental possession of an account at an IBC-member bank for at least six months; and completion of an essay question and application. Applicants, who were sponsored by the IBC member banks, were judged on their academic performance, extracurricular activities, references and response to the essay question: "How does your community bank contribute to your community?"

All three scholarship recipients wrote essays praising their sponsor banks for their commitment to making the communities they serve better places to live.

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Growing Together
Settings

Settings

Typeface
Text size Smaller Larger
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

While we understand printed pages are helpful to our users, this limitation is necessary to help protect our publishers' copyrighted material and prevent its unlawful distribution. We are sorry for any inconvenience.
Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

"Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.