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October 8, 2007


Bill Latoff, chief executive officer of Downingtown National Bank, will present a check for $65,000 to Most Reverend Joseph P. McFadden, Auxiliary Bishop of Philadelphia; Richard V. McCarron, Secretary for Catholic Education; Deacon John K. Hunter, Director of Business Leadership Organized for Catholic Schools (BLOCS); and Regina DiGuilio, Executive Director of Institutional Advancement, Office of Catholic Education. Downingtown National Bank's donation is made through the Educational Improvement Tax Credit (EITC) to Business Leadership Organized for Catholic Schools (BLOCS) of the Archdiocese of Philadelphia.

8:30 a.m.
Wednesday, October 10, 2007
Bishop Shanahan Catholic High School
220 Woodbine Road
Downingtown, Chester County

Also in attendance for the check presentation will be Bill Hieb, president of Downingtown National Bank, Bruce Moroney, chief financial officer for Downingtown National Bank and Gary Zenker, Vice President for Marketing for Downingtown National Bank.

The Archdiocesan schools receiving the EITC monies are: Saint Agnes School, West Chester; Saint Joseph School, Downingtown; Saints Simon and Jude School, West Chester; Saint Patrick School, Kennett Square; Saint Maximilian Kolbe School, West Chester; Saint Elizabeth School, Uwchlan; Assumption Blessed Virgin Mary School, Avondale; Sacred Heart School, Oxford; Pope John Paul II Regional Catholic Elementary School, Coatesville and Bishop Shanahan Catholic High School, Downingtown.

Downingtown National Bank has supported BLOCS through the EITC program since 2006. BLOCS, under the direction of Deacon Hunter, is committed to raising financial assistance for families that wish to provide their children with a value-based Catholic education.

Business leaders who want to join Downingtown National Bank in directing their tax dollars to BLOCS should contact Deacon Hunter at 215-587-0590. For more information about Business Leadership Organized for Catholic Schools, please visit To obtain photographs of the check presentation, please email

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For more information about the Bicentennial Celebration please visit
Serving the People of God in the Beginning, Now and Always

Meredith Wilson
Communications Specialist

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