The Independent Community Bankers of America® (ICBA) announced that Paducah Bank is a finalist in the association’s first Go Local for the Holidays’ photo contest, which is part of its Go Local for the Holidays campaign—an initiative that encourages consumers to shop at local small businesses this holiday season.
Community banks are huge advocates and supporters of local small businesses. In fact, even though community banks comprise only 20 percent of banking industry assets, community banks with less than $10 billion in assets provide nearly 60 percent of outstanding bank small business loans. And because community banks are small businesses themselves, they are able to partner with their small business customers to help them understand local market dynamics and the opportunities and challenges that small businesses in their area face.
“Community banks take pride in their Main Street communities year round by lending to small businesses, supporting local charities and serving in organizations that make their communities’ futures bright. But this community pride often takes center stage during the holidays when Main Streets across the country are festive and full of cheer,” said Bill Loving, ICBA chairman and president and CEO of Pendleton Community Bank, Franklin, W.Va. “These finalists show that Main Street pride is in full force this holiday season. We congratulate all five community bank finalists on their beautiful Main Street photos!”
Consumers, bank employees and other Facebook users can vote for their favorite Main Street photo on ICBA’s Facebook page until 9 a.m. (Eastern time) Friday, Dec. 20. The photo with the most “likes” on Facebook at that time will win a $300 gift card for a local charity.
“ICBA’s Go Local effort helps communicate the importance of shopping, dining and banking locally. We at Paducah Bank are thrilled to be a finalist in the Main Street Holiday Contest,” said Paducah Bank and Trust Company. “We encourage all Paducah residents to vote for our photo in the contest. Let’s show the rest of the country just how much community pride we have here in Paducah!”
The Independent Community Bankers of America®, the nation’s voice for nearly 7,000 community banks of all sizes and charter types, is dedicated exclusively to representing the interests of the community banking industry and its membership through effective advocacy, best-in-class education and high-quality products and services. For more information, visit www.icba.org.
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