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Mr. Reed on the Community Banking Scholarship

posted Nov 12, 2014, 12:22 PM by School Publications

            Mr. Reed from the First National Bank of Brownstown came to speak with high school seniors on the importance of community banking last week. His presentation on the topic tied in with the CBAI Foundation for Community Banking scholarship. All seniors will enter the essay competition as part of their English grade and it will be included in their summative college and career portfolio.

Students learned from Mr. Reed that community banking is crucial for small cities, towns, and villages. The employees in those small banks want to make their customers feel like family.  Community banks place their attention on the needs of local families, businesses, and area farmers.

Community banks channel most of their loans into the neighborhoods where their customers live and work, in turn helping local communities grow.  Many bankers at community banks want to consider character and the family's past history spending in making loans.  These ideas make community banks what they are.  Seniors who can best communicate the community banking philosophy in less than one full page will receive a monetary prize and advance to the next level of competition. Good luck!

    


by Nate Matthews

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