HARRISBURG, Pa., Feb. 24, 2017 /PRNewswire-USNewswire/ -- Pennsylvania Secretary of Banking and Securities Robin L. Wiessmann today commended students from four Pennsylvania universities who will be competing in the 2017 Conference of State Banking Supervisors (CSBS) Community Bank Case Study Competition.
Four of the 32 colleges entered in the competition are from universities within the commonwealth – Gannon University, York College of Pennsylvania, Kutztown University, and Bloomsburg University of Pennsylvania, which was a finalist in 2016. Pennsylvania and Ohio are tied for having more schools represented than any other state in the competition.
"The interest in business and economics these students have shown by entering this competition is a testament to the important role community banks play in Pennsylvania's economy," said Wiessmann. "I am excited to see our commonwealth so well-represented on a national stage. I also want the teams to know my colleagues at Department of Banking and Securities and I will be cheering them on as they compete for this prestigious prize."
The Community Bank Case Study Competition provides first-hand knowledge of the banking industry and the challenges facing community banks to the students. Each team conducts an original case study in partnership with a local bank, evaluating the bank's management and board of directors succession planning.
The team from Bloomsburg University will be working with First Keystone Community Bank, the team from Gannon University will be working with Northwest Bank, the team from Kutztown University will be working with New Tripoli Bank, and the team from York College will be working with York Traditions Bank.
The students compete for a chance to have their work published in an academic journal, an opportunity to attend the CSBS-Federal Reserve Community Banking Research Conference, and an academic scholarship. Finalists will be announced in May. For more information on the 2017 Community Bank Case Study Competition, visit www.csbs.org/bankcasestudy.
Anyone can contact the Department of Banking and Securities at 1-800-PA-BANKS. Members of the public are also invited to connect to the department through Facebook and Twitter, or subscribing to the department's newsletter.
Media contact: Ed Novak, 717-783-4721
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SOURCE Pennsylvania Department of Banking and Securities