Louisiana House Bill HCR121

Louisiana 2013 Regular Session

• Introduced: 5/10/13
• Engrossed: 5/13/13
• Passed: 5/15/13

Caption

Recognizes Friday, May 10, 2013, as First NBC Bank Day and commends First NBC Bank on going public

Impact

The resolution does not change any state laws but serves to acknowledge First NBC Bank's impact on the Louisiana economy and local communities. By recognizing its public offering, the bill indirectly supports continued investment and banking initiatives in the area. Legislators expressed that the bank is a critical asset to the financial sector and the broader economic recovery in New Orleans, reflecting a positive image of the banking industry in the state.

Summary

House Concurrent Resolution 121 recognizes Friday, May 10, 2013, as First NBC Bank Day and commends First NBC Bank for its contributions to the financial landscape of New Orleans and its role in the community. The resolution highlights the bank's commitment to providing banking services, supporting community programs, and helping in the recovery efforts following the devastation caused by Hurricanes Katrina and Rita. The bill underscores the importance of First NBC Bank in fostering economic growth through lending and local service.

Sentiment

The sentiment surrounding HCR121 is predominantly positive, with legislators celebrating the bank's achievements and contributions to the community. The recognition reinforces community pride in local businesses and the importance of nurturing financial institutions that support recovery and growth. The unanimous 34-0 vote in the Senate further reflects the bipartisan support and acknowledgment of the bank's significance in the region.

Contention

Although there are no directly contentious points raised in HCR121, it does highlight a larger narrative of economic recovery in post-hurricane New Orleans, which may attract differing opinions on the effectiveness of such institutions in truly serving all communities. The resolution focuses on the positive contributions while omitting any criticisms or challenges faced by First NBC Bank, suggesting an idealized view of its role in the community.