HR0879 101ST GENERAL ASSEMBLY

HR0879 LRB101 21806 MST 72760 r

HOUSE RESOLUTION

WHEREAS, The members of the Illinois House of Representatives wish to congratulate Petefish, Skiles & Co. Bank on the occasion of its 150th anniversary; and

WHEREAS, The private banking firm of Petefish, Skiles & Co. Bank opened its doors for business in Virginia, Illinois on August 1, 1870 and has diligently served its customers for 150 years; and

WHEREAS, Petefish, Skiles and Co. Bank is a locally-owned community bank and is committed to helping residents and businesses by serving the financial needs of Cass, Mason, and Menard Counties; and

WHEREAS, Prominent local businessmen Samuel H. Petefish, Ignatius Skiles, and Jacob Epler founded the firm with Richard Elliott as cashier; and

WHEREAS, On September 24, 1902, a charter was granted from the State of Illinois to S.H. Petefish, L.A. Petefish, Matt Yaple, and Oswell Skiles, incorporating the bank; the bank's capital at that time was $60,000 and was one of the most successful and substantial in the county; and

WHEREAS, Petefish, Skiles, & Co. Bank has continued to grow into a dynamic company, accumulating over $210,000,000 in assets in 150 years; and

WHEREAS, Petefish, Skiles & Co. Bank is an active member of the Community Bankers Association of Illinois (CBAI) and is dedicated to CBAI's mission of keeping community banks competitive for the benefit of their customers and the communities they serve through delivery of quality education, effective representation, and essential products and services; and

WHEREAS, Petefish, Skiles & Co. Bank has contributed to the economic vitality of central Illinois, and they remain dedicated to fulfilling the community banking needs of Cass, Mason, and Menard Counties; therefore, be it

RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE ONE HUNDRED FIRST GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that we congratulate Petefish, Skiles & Co. Bank on its 150th anniversary, and we wish them many more successful years; and be it further

RESOLVED, That a suitable copy of this resolution be presented to Petefish, Skiles & Co. Bank as a symbol of our respect and esteem.