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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