Schuylkill County financial
institutions offer a variety of business and personal services.
Schuylkill
County has had a strong and supportive financial community for over
100 years. During the difficult years after the decline of Anthracite
coal, the banks and savings and loans provided the leadership and the
initial financial incentive to initiate the rebuilding of Schuylkill
County's economy.
Business, industry and commerce have been able to rely
on county financial institutions for start-up, expansion and operating
capital loans. In addition to offering a wide array of business, industrial
and personal financial services, the banks and savings and loans have
been the backbone of civic and charitable programs for generations,
providing both funding and volunteer campaign workers for worthwhile
projects. Combined financial assets of the county's financial organizations
exceeds $3,000,000,000.
The
financial institutions often work closely with the Schuylkill
Economic Development Corporation (SEDCO), the Schuylkill County
Industrial Development Authority (SCIDA) and the Pottsville
Area Development Corporation (PADCO) in packaging incentive financing
programs for job creating activities. When coupled with the job development
and job retention programs of the Pennsylvania Department of Community
and Economic Development, Schuylkill County's financial partnership
can create the incentive package needed to assure success for potential
relocation and investment for prospective employers.