March 24, 2014
Glenwood State Bank was recently recognized by In View as a national example of excellence in community banking. In View, hosted by Larry King, produces educational television shows. Their purpose is to produce quality educational programming to inform, educate and enlighten their viewers. In View covers a variety of topics and has won many TELLY Awards for its educational programming.
The program will focus on the part community banks played during our nation's struggling economy over the past few years. In View points out that not all banks are the same. They noticed that community banks, although often co‐mingled with larger banks, were different.
Their report shows how Community banks took additional risks to help the entrepreneurs and that Community banks do things larger banks won’t. Things that may not always be what is best for the bank, but rather, what's in the best interest of the customer. In View realized that it was NOT community banks that drove our nation into the economic challenges, yet it will BE community banks leading us out!
As a result In View did a series of educational programs on community banks. In this process, they looked for community banks around the county that were stand outs in our industry. What criteria did they use to select the banks to be recognized? The answer? They looked for banks that were financially successful and growing, making more loans than their peers, and most important, giving back to their communities… They also looked for banks that were doing the things they felt made our American economy great and would be the catalyst for getting our nation back to being the economic world leader.
Glenwood State Bank President Peter Nelson says "We appreciate that community banks are being highlighted for the differences they are making in this country. With almost 7,000 community banks nationwide, we are humbled to be recognized as an example of excellence in community banking and to be considered a leader among this highly-regarded group. Glenwood State Bank works hard, and we are proud of what we have accomplished in our 107-year history. Being recognized by In View and featured on national television is truly an honor."
Published by Voice of Alexandria