Bank of Monroe’s King Honored with Council’s Award for Community Investment
20 June 2017 - 12:30AM
Business Wire
James L. “Jim” King, president and CEO of The Bank of Monroe in
Union, W.Va., received the 2017 Council’s Award from FHLBank
Pittsburgh for excellence in community investment. King received
the award at one of FHLBank’s regional member golf outings. John
Bendel, FHLBank director of community investment, spoke at the
event about King’s community achievements before presenting him
with the award.
King has twenty years of financial management experience in the
banking industry. As president and CEO of The Bank of Monroe since
2013, King has worked steadfastly to become a leader in local
community investment. In 2016, Bank of Monroe requested and
received funding from FHLBank Pittsburgh’s Affordable Housing
Program to support the Greenville Senior Living and Community
Center project, and also secured funding for disaster relief after
floods devastated communities the bank serves. King currently holds
a position on the West Virginia Bankers Association Board of
Directors and is a Community Depository Institutions Advisory
Council (CDIAC) appointment to the Federal Reserve Bank of
Richmond.
Named in recognition of FHLBank Pittsburgh’s Affordable Housing
Advisory Council, FHLBank’s annual Council’s Award provides special
recognition to an outstanding financial services professional who
has demonstrated superior professional commitment and community
spirit. The award highlights accomplishments and services in
meeting FHLBank’s affordable housing and community investment
mission.
About The Bank of Monroe
Founded in 1903, The Bank of Monroe has been serving the
community for more than 110 years. With locations in Union,
Lewisburg and Fairlea, The Bank of Monroe prides itself in being a
local bank that makes local decisions while offering their clients
the latest banking technology. For more information, please visit
www.bomwv.com.
About FHLBank Pittsburgh
As an intermediary between global capital markets and local
lenders, FHLBank Pittsburgh provides readily available liquidity,
as well as affordable housing and community development
opportunities, to member financial institutions of all sizes in
Delaware, Pennsylvania and West Virginia. The Bank is one of 11
banks in the Federal Home Loan Bank System, which was established
by Congress in 1932 and serves as a reliable source of funds for
housing, jobs and economic growth in all economic cycles. To learn
more, visit www.fhlb-pgh.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20170619005095/en/
FHLBank PittsburghTerri McKay,
412-288-2830terri.mckay@fhlb-pgh.comorBank of MonroeJim King,
304-772-4882jking@bomwv.com