Independent Banker - June 2020 - 10

CURRENCIES
ICBA and community banks
made a big impression during
the rollout of the PPP
5,947 media mentions
The solar array
on Bank of Hays'
carport will pay
for itself in less
than a decade.
of ICBA related to COVID-19, the Small
Business Administration (SBA) and the
Paycheck Protection Program (PPP)
Solar-powered
community banking
In Kansas, a carport for employees of Bank of
Hays is doing more than just protecting their
cars from Midwestern snowstorms.
News
In 2017, the $260 million-asset community bank
added solar panels to the carport at its branch in Hays,
Kan. John Clarke, the bank's president, had envisioned
solar panels at the branch since it was constructed in
2007. The trick was fi nding a nearby company that
could do the work, and, luckily, Clarke found Cromwell
Solar in Lawrence, Kan.
He says the renewable energy project came out of
his desire to be environmentally friendly. As of May 4,
the panels have saved more than 172 tons of carbon
dioxide emissions, equivalent to more than 8,000
trees, according to the community bank's performance
tracker. Plus, the price tag didn't break the bank thanks
to a USDA grant, federal tax credits and section 179
expensing. In fact, the panels will pay for themselves in
just eight years.
" We do feel it shows that our bank is interested in
the environment by using clean energy and that we are
on top of technology, " Clarke said. " We have had many
positive comments about the solar carport and quite a
few comments from the public about how generous we
were to put up a carport for our employees. " -Eric Best
10 Q ICBA Independent Banker Q June 2020
$20.9 million
The equivalent of this exposure in
advertising spending
Source: March 5-May 5 ICBA data
54,257 shares
of these articles across social media
Good Reads
On the money
Published in 2008, historian
Niall Ferguson's The Ascent of
Money brought context to the
burgeoning Great Recession
by mapping the rise of money
throughout world history. If
you'd rather watch the story
unfold, you can go to pbs.org
and burn a few hours of time at home by watching
the Emmy Award-winning PBS series.

http://www.pbs.org

Independent Banker - June 2020

Table of Contents for the Digital Edition of Independent Banker - June 2020

Table of Contents
Independent Banker - June 2020 - Intro
Independent Banker - June 2020 - Cover1
Independent Banker - June 2020 - Cover2
Independent Banker - June 2020 - Table of Contents
Independent Banker - June 2020 - 2
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Independent Banker - June 2020 - Cover3
Independent Banker - June 2020 - Cover4
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