KLA Cadets Get Overview Of Economics In Kosciusko County
January 31, 2022 at 9:44 p.m.
KLA Cadets Get Overview Of Economics In Kosciusko County
By Staff Report-
Lake City Bank President David Findlay presented on macro-economic with a banking focus, according to a news release from KLA. Findlay made the case for local banking because of local banks’ community management and commitment: banks knowing their communities and clients, driving local growth and their link to communities’ history. There are less than 6,000 banks today, down from over 17,000 in 1984 due to mergers and acquisitions.
Lake City Bank was started in Kosciusko County in 1872 and will soon commence their 150th anniversary celebrations. Expansion began in Winona Lake in 1965, Elkhart in 1990, Fort Wayne in 1999 and Indianapolis in 2011. Lake City Bank’s parent company, Lakeland Financial Corp., trades publicly on the NASDAQ under LKFN.
Rob Parker, president and CEO of the Kosciusko Chamber of Commerce, presented on the Chamber’s mission and impact of local business on the economy. The Chamber’s mission includes four areas of impact - growth, inspire, voice and engage.
Parker cited a local median income of $62,000, a crime rate only one-third of the national average and a low unemployment rate as evidence of a strong economy.
Dr. John Teevan, interim president of Grace College and Seminary and economics professor, presented an overview of both the history and current state of economics in Kosciusko County.
“It was originally the railroad that put this county on the map,” Teevan said of the railroad, which arrived in 1859. He mentioned a number of businesses that came down from Chicago, including Dalton Foundry, Da-Lite Screen, RR Donnelley and Arnolt Corp.
The economic growth in Kosciusko County has followed what Teevan described as the economic pyramid of growth, moving from an agriculture and textile-based economy through manufacturing and into an education, technology and knowledge-based economy. Teevan said that a continued focus on research and development, finance, knowledge and medical services is the key to continued economic success, the release states.
KLA cadets will meet next on Feb. 8 at Kosciusko Community Hospital Administration Classroom for Healthcare in Kosciusko County.
The Kosciusko Leadership Academy is in its 40th year of service to the county. As an independent 501(c)3 organization, KLA conducts biweekly morning sessions around the county to expose leaders to a wide variety of local topics and experts. The annual whitepaper projects have yielded many benefits to the citizens of Kosciusko County.
For more information, visit www.kocsciuskoleadership.org.
Lake City Bank President David Findlay presented on macro-economic with a banking focus, according to a news release from KLA. Findlay made the case for local banking because of local banks’ community management and commitment: banks knowing their communities and clients, driving local growth and their link to communities’ history. There are less than 6,000 banks today, down from over 17,000 in 1984 due to mergers and acquisitions.
Lake City Bank was started in Kosciusko County in 1872 and will soon commence their 150th anniversary celebrations. Expansion began in Winona Lake in 1965, Elkhart in 1990, Fort Wayne in 1999 and Indianapolis in 2011. Lake City Bank’s parent company, Lakeland Financial Corp., trades publicly on the NASDAQ under LKFN.
Rob Parker, president and CEO of the Kosciusko Chamber of Commerce, presented on the Chamber’s mission and impact of local business on the economy. The Chamber’s mission includes four areas of impact - growth, inspire, voice and engage.
Parker cited a local median income of $62,000, a crime rate only one-third of the national average and a low unemployment rate as evidence of a strong economy.
Dr. John Teevan, interim president of Grace College and Seminary and economics professor, presented an overview of both the history and current state of economics in Kosciusko County.
“It was originally the railroad that put this county on the map,” Teevan said of the railroad, which arrived in 1859. He mentioned a number of businesses that came down from Chicago, including Dalton Foundry, Da-Lite Screen, RR Donnelley and Arnolt Corp.
The economic growth in Kosciusko County has followed what Teevan described as the economic pyramid of growth, moving from an agriculture and textile-based economy through manufacturing and into an education, technology and knowledge-based economy. Teevan said that a continued focus on research and development, finance, knowledge and medical services is the key to continued economic success, the release states.
KLA cadets will meet next on Feb. 8 at Kosciusko Community Hospital Administration Classroom for Healthcare in Kosciusko County.
The Kosciusko Leadership Academy is in its 40th year of service to the county. As an independent 501(c)3 organization, KLA conducts biweekly morning sessions around the county to expose leaders to a wide variety of local topics and experts. The annual whitepaper projects have yielded many benefits to the citizens of Kosciusko County.
For more information, visit www.kocsciuskoleadership.org.
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