Thursday, June 26, 2014

Second National Bank a Mainstay of County Development

Bank continues as one of P4P’s largest contributors for 6th straight year

Second National Bank’s President & CEO, John Swallow (C), presents the bank’s 2014 P4P contribution to Darke County CIC President Jean Young (L) and CIC Treasurer Dennis Baker (R)

DARKE COUNTY- The Partnering for Progress (P4P) Initiative has once again been able to count on one of its top supporters in 2014 as Second National Bank has contributed again to Darke County’s public-private economic development effort.  The collaborative and county-wide initiative has had the bank as one of its top supporters and architects of the initiative since P4P’s inception in 2008. To date, no other bank has contributed as much to the P4P initiative as Second National has overall, or in any given year.  This support has gone beyond the financial as Second National has also held key positions on many P4P boards and advisory committees, as well as been a consistent participant in P4P campaigns and events.

“The Partnering for Progress Initiative is an effort that supports the entire Darke County community and beyond.  The jobs created through its business partnerships and the training provided through its workforce efforts have the potential to impact every household in the community,” stated Second National President & CEO John Swallow. “This is the kind of widespread impact we hope our bank has as well and is the type of effort we plan to continue to anchor.”

According to Darke County Economic Development Director Marc Saluk, the P4P initiative has worked with local businesses to help create or retain 1,563 jobs since 2010 (mostly in the well-paying manufacturing sector) and contributed heavily to such recent major business expansions at Whirlpool, Midmark, FRAM, and PolyOne.

“But we’re only as strong as those who stand behind the initiative.  The entities that are willing to contribute the resources required for our success and who lend their expertise at critical times are our real strength,” stated Saluk. “This is exactly what Second National Bank has always done for us and why they are a major part of the county’s recent growth spurt.”

Saluk stated that, in addition to the jobs created, P4P-assisted company projects have also led to $44M in additional annual payroll in the Darke County community as well as a total investment of approximately $117 million dollars through business expansions. P4P also works to lay the infrastructure for future growth through its workforce development initiative, land and building development, and regional partnerships.  For more information on Partnering for Progress, please call the Economic Development Office at 937-548-3250.

Established in 1883 in Darke County, Second National Bank is a community bank with offices in Greenville, Versailles, Arcanum, Celina and Ft. Recovery.  They have been voted the Best Financial Institution in Darke County the past 9 years, and voted the Best Mortgage Company & Best Investment Services Company by the Readers Choice Awards conducted by the Advocate.  In addition to their full line of deposit, loan and banking services they also offer trust and investment services.

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