David Connell, of Phelps County Bank, (right) accepted the Meramec Regional Planning Commission (MRPC) Lender of the Year Award on behalf of Phelps County Bank from Tom Klebba, chairman of the Meramec Regional Development Corporation (MRDC) during MRPC's 2012 annual dinner on Nov. 8.
Phelps County Bank was selected for the award by the MRDC board. The award honors a bank that actively partners with MRDC to create jobs and encourage private investment. Each participating bank was ranked based on criteria that included the number of loans made with MRDC, the number of jobs created through those loans and the amount of private investment.
Phelps County Bank ranked the highest in each category this year and has been a longtime supporter of MRDC loan programs. Phelps County Bank became involved with MRDC programs when the program began 30 years ago and continues to support these programs with active board participation and promotion of MRDC loan programs.