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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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