February 2, 2010 - Issue: Vol. 156, No. 15 — Daily Edition111th Congress (2009 - 2010) - 2nd Session
A TRIBUTE TO FIRST NORTHERN BANK ON ITS 100TH ANNIVERSARY; Congressional Record Vol. 156, No. 15
(Extensions of Remarks - February 02, 2010)
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[Extensions of Remarks] [Pages E124-E125] From the Congressional Record Online through the Government Publishing Office [www.gpo.gov] A TRIBUTE TO FIRST NORTHERN BANK ON ITS 100TH ANNIVERSARY ______ HON. DANIEL E. LUNGREN of california in the house of representatives Tuesday, February 2, 2010 Mr. DANIEL E. LUNGREN of California. Madam Speaker, I rise today to recognize and honor First Northern Bank as it marked its 100th year in business yesterday, February 1, 2010. First Northern Bank was established in 1910, and has remained faithful to its roots as an institution formed to address specific personalized needs. First Northern continues to serve such needs with a strong commitment to superior personal service, and commitment to support and reinvest in each of the communities the Bank serves. The Bank continues to maintain its commitment as a full service community bank serving the business, professional, personal, and real estate requirements of the people in Solano, Sacramento, Yolo, and Placer Counties--with a reach into neighboring El Dorado County. Back in 1910, a group of local Dixon businesspeople believed they weren't getting the kind of banking services they needed, so in the do- it-yourself tradition of an independent farming community, they voted on January 20th to open their own bank--an ``enterprise with all local capital and no outside investment or affiliations.'' Following a trip to San Francisco to purchase a safe and other supplies, their new bank opened for business a few days later on February 1, 1910, in a former ice cream parlor. After one month in business, the Bank had 93 accounts with deposits totaling more than $75,000. Today, deposits have grown to more than $650 million. Even though 100 years have passed, descendants of the Bank's founders are still shareholders and customers. [[Page E125]] Over the years, First Northern Bank has contributed millions of dollars to the communities it serves, in the form of direct financial support and in-kind services. I am pleased to recognize and congratulate First Northern Bank at this milestone, and anticipate many more successful years to come. ____________________