South Carolina General Assembly
116th Session, 2005-2006

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Bill 3856


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A CONCURRENT RESOLUTION

RECOGNIZING AND COMMENDING THE VITAL ROLE SOUTH CAROLINA'S COMMUNITY BANKS PLAY IN EACH LOCAL NEIGHBORHOOD AND PROCLAIMING THE MONTH OF APRIL "COMMUNITY BANKING MONTH" IN SOUTH CAROLINA.

Whereas, through the years South Carolina's community banks have been a stable foundation supporting their local communities as they prospered and grew; and

Whereas, today more than sixty-eight South Carolina community banks, encompassing more than ten billion dollars in assets, continue the proud tradition of giving back to their local communities; and

Whereas, community banks currently provide South Carolinians with 7,143 full-time positions at nearly 250 banking offices; and

Whereas, these local banks have made significant contributions to the economic well-being of South Carolina through their financial support, dedication as good neighbors, and above all, their service as financially sound and reliable sources of economic lifeblood in the communities; and

Whereas, South Carolina community banks continually reinvest in their own communities providing vital capital for home mortgages as well as small business, agricultural, and student loans; and

Whereas, as a group, these banks form an integral portion of the state's economic fabric; and

Whereas, the members of the General Assembly are proud to recognize and commend the substantial role community banks play in local economic development financing home mortgages, new businesses, and stimulating the economy to produce jobs. Now, therefore,

Be it resolved by the House of Representatives, the Senate concurring:

That the members of the South Carolina General Assembly, by this resolution, hereby recognize and commend the vital role South Carolina's community banks play in each neighborhood and proclaim the month of April "Community Banking Month" in the State of South Carolina.

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