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Community Bank
ommunity Bank finished its 112th year in fine form. 2013 will go down as a successful and encouraging year for the Bank given the challenges it faced. 2013 actually represents the second best year ever for Community Bank in terms of profit. And it demonstrates the strength of Community Bank. In 2013, Community Bank Wealth Management continued its “Community Bank Royalty Services” seminar series. The Bank hosted four seminars throughout Washington and Greene County and brought in experts to talk about the opportunities and challenges brought on by the Marcellus gas boom. These seminars were well attended and addressed such subjects as re-leasing your property, pipeline rights-ofway, and how to read a royalty check. In a similar vein, Community Bank again hosted the Tri-County Oil & Gas Expo in May at the Washington County fairgrounds. This two day event attracted hundreds of local business owners. Community Bank continues to be an instrumental part of the Tri-County Oil & Gas Expo and worked with the Pa CareerLink to host the Energy Employment Expo at the Greene County Fairgrounds. Over 50 companies took part searching for qualified job applicants. One company attending for the first time was amazed at the quality of qualified candidates, hiring some on the spot and sending others for pre employment testing. Employees of Community Bank again played key roles in our local non-profit and service organizations, helping the United Way, the American Heart Association, the Washington Hospital, Cornerstone Care, the Washington County Community Foundation, the Washington County Chamber of Commerce, the Greene County Community Foundation, the Carmichaels and Greater Waynesburg Area Chambers, King Coal Association, Waynesburg Prosperous and Beautiful, the American Cancer Society and the Relay for Life. This year Community Bank was recognized by the Relay for Life for raising over $8, 800 and again exceeded the Platinum Goal On the banking front, Community Bank was extremely busy as well. Our commercial lending team broke $60,000,000 in new production. Our mortgage lending team broke $40,000,000 in new production. Add in consumer lending and indirect (auto purchasers) lending and we did over $144,000,000 in new loan production in 2013. These production figures are the best ever for Community Bank. On top of this record setting loan production, the Bank increased in deposits and assets. Community Bank averaged $540,751,000 in assets during 2013, an increase over 2012. And the Bank paid record dividends to its many loyal shareholders. So 2013 was an excellent year for Community Bank. Its employees and friends thank the community for supporting Community Bank. We look forward to our 113th year in 2014. Community Bank faces 2014 and the future with confidence and determination. We are fortunate to be located directly in the center of the Marcellus Shale Gas play, which will offer us plenty of opportunities for growth. We will continue the tradition of local independent banks to be safe, sound, sensible, and caring.
Community Bank Launches Charitable Giving Program
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ommunity Bank announced today a new program under which the Bank will contribute $100 to the charity or church of choice for customers that wish to take out a loan from the Bank. The program is called “Community Bank Cares”. For over 110 years, Community Bank has been active in supporting the communities it serves. The Bank has always contributed to local charities and Community Bank employees participate in innumerable events and organizations.
GreeneScene by Randy Miller
MARCH / APRIL
2014 • GreeneSaver
While company-directed contributions are admirable, the key to “Community Bank Cares” is that the customer makes the choice. “We at Community Bank want to support our customers and we want to strengthen our communities, so what better way than to make charitable donations in honor of our customers. Most people have a deep commitment to their church, or to help the less fortunate, or to protect animals, etc. “Community Bank Cares” allows the customer to direct support to help those they most care about.” explained Pat McCune, President of the Bank. Any type of loan taken out by any borrower qualifies, subject to a few simple limitations. The loan can be a mortgage loan, home equity loan, commercial loan, small business loan, or personal loan. The loan must be made directly to the customer and must be for at least $20,000. The Bank will send the check to any eligible tax exempt charity or church identified by the customer. And, the check will be issued by Community Bank and delivered in honor of the customer. Community Bank is a locally-owned and operated full-service commercial bank. The Bank is 113 years old and operates eleven offices in Greene, Washington, and Allegheny County. You may contact Community Bank by calling 1-888-223-8099 or you may visit Community Bank on the web at www. communitybank.tv.
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