2011-J2609

Commemorating the 175th Anniversary of the Tompkins Trust Company

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2011-J2609


LEGISLATIVE RESOLUTION commemorating the 175th Anniversary of The Tomp-
kins Trust Company

WHEREAS, It is the sense of this Legislative Body that the quality and
character of life in this great Empire State is indelibly enriched by
the faithful efforts of those financial institutions and their leader-
ship who devote their purpose to promoting economic vitality and service
the public need; and
WHEREAS, Attendant to such concern, and in full accord with its long-
standing traditions, this Legislative Body is justly proud to commem-
orate the 175th Anniversary of the Tompkins Trust Company; and
WHEREAS, Since its inception in 1836 as the Tompkins County Bank, the
Tompkins Trust Company has stood as one of the oldest buildings in its
community; and
WHEREAS, With its focus on long-term results for shareholders, custom-
ers and communities, the Tompkins Trust Company has been built on its
community partnerships, listening to customers' desires and being a good
employer; and
WHEREAS, The Tompkins Trust Company's focus on conservative banking
and avoiding the potential pitfalls of sub-prime mortgages has kept the
bank successful and profitable through 175 years of fluctuating economic
times; and
WHEREAS, The Tompkins Trust Company has been a good citizen since its
inception; when called upon, it loaned the state government $25,000 in
support of fighting the Civil War, and forgave Ithaca College's debts
during the Great Depression, when the college struggled to continue
running; and
WHEREAS, More recently, the Tompkins Trust Company supported the
creation of the Ithaca Commons and Ithaca Neighborhood Housing Services,
in addition to funding the repair of the clock towers on The Commons in
exchange for signage; and
WHEREAS, Moreover, the Tompkins Trust Company employees have for years
raised money in annual fundraising drives for the United Way and Relay
for Life, and recently started a Community Shred Day, which offers free
document shredding services to all; and
WHEREAS, All the while, the Tompkins Trust Company has maintained its
status as the bank with the largest number of accounts in the county and
consistent profitability as a company; and
WHEREAS, Known as an exceptional workplace, the Tompkins Trust Company
employs a surprising amount of staff members who have recently cele-
brated 50 or 60 years with the company; far more have been with the
company for 25 to 30 years; and
WHEREAS, This Legislative Body looks favorably upon the strong role
which institutions such as the Tompkins Trust Company play in strength-
ening the social and economic fabric of our communities through provid-
ing growth opportunities for citizens and businesses; now, therefore, be
it
RESOLVED, That this Legislative Body pause in its deliberations to
commemorate the 175th Anniversary of the Tompkins Trust Company, and to
wish this financial institution continued success in its vital work on
behalf of its customers; and be it further
RESOLVED, That a copy of this Resolution, suitably engrossed, be tran-
smitted to the Tompkins Trust Company.

actions

  • 15 / Jun / 2011
    • REFERRED TO FINANCE
  • 17 / Jun / 2011
    • REPORTED TO CALENDAR FOR CONSIDERATION
  • 17 / Jun / 2011
    • ADOPTED

Resolution Details

Law Section:
Resolutions, Legislative

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