73R4993 BNL-D By Marchant H.C.R. No. 58 HOUSE CONCURRENT RESOLUTION 1-1 WHEREAS, The independent community banks of Texas have made 1-2 many significant contributions to the economic well-being of this 1-3 state over the past century by providing vital support to enhance 1-4 the growth and prosperity of the communities they serve; and 1-5 WHEREAS, There are more than 1,000 locally owned and operated 1-6 banks in Texas, with more than 2,000 banking offices located in 1-7 small towns, rural areas, suburbs, and cities throughout the state; 1-8 collectively, these banks represent more than $79 billion in 1-9 assets, 105,000 shareholders, and 5.25 million account holders 1-10 statewide; and 1-11 WHEREAS, Such local banks are uniquely qualified to assess 1-12 and adapt to the ever-changing needs and circumstances within a 1-13 community, thus ensuring that their customers receive individual 1-14 attention, personalized services, and sound financial advice 1-15 throughout their lives; and 1-16 WHEREAS, Community banks currently have more than $37 billion 1-17 invested in residential, commercial, and agricultural loans to 1-18 benefit Texas citizens; in this way, they continue to spur economic 1-19 growth throughout the state and help the Texas economy remain one 1-20 of the strongest in the nation during a worldwide recession; and 1-21 WHEREAS, Through their ongoing support of local economies, 1-22 community banks have greatly enhanced the quality of life for 1-23 countless citizens of the Lone Star State, and they are indeed 1-24 deserving of special praise and recognition for their many 2-1 contributions to the betterment of the State of Texas; now, 2-2 therefore, be it 2-3 RESOLVED, That the 73rd Legislature of the State of Texas 2-4 hereby recognize October 11-15, 1993, and September 26-30, 1994, as 2-5 Community Banking Week in Texas in recognition of the many 2-6 important contributions made by the community banks of this state.