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IN HCR0011
Concurrent Resolution
Status
N/A
Primary Sponsor
John Price
Click for details
AI Summary
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Recognizes the 125th anniversary of Home Bank, which originated as the Martinsville Building Loan Fund and Savings Association on July 2, 1885, in Martinsville, Indiana
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Home Bank was organized as a mutual institution with no stockholders, founded by George Hubbard to provide earnings on savings and loans for real estate in Morgan County
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Bank relocated multiple times: to East Morgan Street in 1925, to 77 North Jefferson Street in 1937, and to current location at 59 West Washington Street in 1967
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Celebrated centennial in 1990 with community events and awarded $1,000 scholarship to a business student; expanded from thrift services to full-service commercial bank offering checking accounts, ATMs, and variable rate mortgages
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Directs 10 percent of net earnings toward community needs including cancer screenings, Habitat for Humanity, religious education, school literacy programs, and poverty reduction initiatives
Legislative Description
Recognizing the 125th anniversary of the Home Bank.