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Guidelines For Banking Development Program

 
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 Description:  There are many communities in the State of Illinois that are under-served in the financial services area. The Illinois State Treasurer would like to encourage financial institutions to open branches or offices in areas of the State in which neighborhoods and towns do not have access to a commercial bank or financial institution. The Treasurer believes that greater access to financial services will encourage the areas residents, who may have no relationship with a financial institution, to become part of the financial mainstream. Establishment of banking services in a community should provide a foundation to stimulate the local economy by enhancing access to capital for local businesses. Long-term, this should result in economic development, job creation and promote community revitalization. 
 Date Created:  02 16 2006 
 Agency ID:   
 ISL ID:  000000003305   Original UID: 3186 FIRST WORD: Guidelines