CAPE MAY COURT HOUSE – Sturdy Savings Bank President and CEO Gerald L. Reeves presented a promising Economic Outlook for 2017 to the Ocean City Chamber on May 11.
Keynote speaker Reeves noted that spending and bank deposits in the County continue to see steady growth. He also noted that home sales are doing well, as is tourism, and a watchful eye should be on the labor participation rate.
“As I’ve watched the economic data swirling around us, I once again have that sense of renewed optimism. Certainly, we’re not where we were nine or 10 years ago,” Reeves said.
Sturdy Savings Bank serves the community at 13 different locations, including Avalon, Cape May, Cape May Court House, Dennisville, North Cape May, North Wildwood, Ocean City, Rio Grande, Somers Point, Stone Harbor, Tuckahoe and Wildwood Crest.
The branches consider the communities in which they are located their homes, and are dedicated to see those areas succeed. The bank often donates to local organizations, and assists school and tutor centers because it values the development of the youth in the communities it serves.
For more information about Sturdy Savings Bank, visit www.sturdyonline.com or call (609) 463-5206.
Sturdy Savings Bank, Member FDIC is an Equal Housing Lender.
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