Students from five Pennsylvania colleges and universities moved on to the second round in the 2022 Conference of State Banking Supervisors (CSBS) Community Bank Case Study Competition.

The group includes a team from Grove City College that is working with Mars Bank.

As part of the competition, teams were asked to analyze the environment for community banks over the past decade and forecast what community banking will look like over the next ten years, according to a statement from Pennsylvania Secretary of Banking and Securities Richard Vague.

“Community banks across Pennsylvania have and will continue to provide an outsized role in the success of the commonwealth in how they serve and meet the needs of their communities,” Vague said. “I applaud all of the students for their meticulous commitment to the study of community banks.”

Since launching in 2016, more than 50 teams from 30 Pennsylvania colleges and universities have competed in the Community Bank Case Study Competition. Of the sixteen second round teams, Pennsylvania had more schools represented than any other state.

The top three scoring teams will be announced in July.