"Farm to Fork~ and our Local Renaissance"
Dear Bank of Prairie Village Shareholders and Clients~
When visiting, a grocery story I noticed a prominent sign "Farm to Fork Local Produce." Likewise, at a local restaurant, the menu stated from which local farms the produce and meats were raised.
Without question, there is a consumer desire to know more about where and how their products are sourced. Moreover, it is clear conscientious consumers prefer products be locally grown and consumed. In your bank this same spirit also translates to your deposits.
For those interested, there is no more locally intertwined community business than the Bank of Prairie Village. Virtually all our deposits come from our community. We take those deposits and investment them in two ways. First through loans. (Virtually all our loans are for projects and consumers in our community.) Secondly we invest in bonds. Unlike other banks~ we invest virtually only in Kansas municipal bonds. This means we use our deposits to finance Kansas schools, roads, and bridges. Hence at our bank, all deposits are invested very close to home.
Likewise, because we are headquartered here in Prairie Village, our bank employees and shareholders live in the community. Thus, virtually all our payroll and profits stay in our community. In turn these salaries and profits are spent in local homesteads, local restaurants, local stores and paid in local taxes. Wouldn't you say Prairie Village is a better place? Just look around at our Prairie Village community "renaissance".
Think of us the "ultimate Farm to Fork local producer"
At our bank, there are no deposits or loans going off to the East or West Coast. There are no salaries going off to far away headquarters. We have no television ads made in Chicago, or New York.
Kansas City is enjoying a local Renaissance. We are contributing to that Renaissance by providing money to builders and borrow to create new homes, remodeling homes, brining businesses to the urban core and revitalizing abandoned warehouses into mixed use building that provide apartments and new retailers.
There are few other banks that can say they are more local. Few other community businesses invest more dollars that stay in and keep circulating our funds more locally. Every dollar invested at our Bank gets reinvested here. This invest, spend and reinvest cycle just keeps repeating itself over and over. Prairie Village is all the better for it. Yes--we are very much Small Batch "Farm to Fork Local." Think of us as your local community money store, contributing to our community "Renaissance". Yours in making our community a great place to live, work and raise a family
~Thank you for giving us this opportunity to be your bank and bankers~
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