[Congressional Record Volume 143, Number 43 (Monday, April 14, 1997)]
[Senate]
[Pages S3132-S3133]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                        TRIBUTE TO ZVI H. MUSCAL

 Mr. SANTORUM. Mr. President, I rise today to pay tribute to 
Zvi Muscal, an exemplary businessman from Philadelphia and an 
outstanding community leader. Last December, the American-Jewish 
Community presented the 1996 Civic Achievement Award to Zvi Muscal, and 
I had the distinct honor of delivering the keynote address at his 
presentation dinner.
  In 1979, Zvi left his beloved Israeli homeland to start a branch of 
Bank Hapoalim in Philadelphia. Like many who came to this country 
before him, Zvi came to America with a dream and a strong work ethic.
  As the bank grew under his leadership, Zvi dedicated himself to many 
organizations which had a major impact on the Philadelphia community. 
Serving on the International City Steering Committee, the World Affairs 
Council, and the Philadelphia-Israel Economic Development Corp., which 
later became the Philadelphia-Israel Chamber of Commerce, Zvi has been 
a tireless advocate for business development in Philadelphia. 
Additionally, he has worked zealously to promote the city's cultural 
affairs and to support many important nonprofit organizations. In fact, 
the city of Philadelphia recognized Zvi's outstanding achievements and 
contributions by proclaiming May 19, 1985, Zvi Muscal Day.
  Since then, Zvi has undertaken several business ventures. For 
instance, he started PhilTrade, Inc., an international trading company. 
Later, he and other business leaders founded the First Executive Bank. 
Zvi served as the bank's chief executive officer until June, 1996, when 
it merged with the First Republic Bank. Today, Zvi is the chairman of 
this institution.
  As Zvi climbed the ladder of success, he strengthened his commitment 
to

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the community and his ardent devotion to Philadelphia. He currently 
serves on the board of the University of Pennsylvania School of Dental 
Medicine, the Philadelphia International Airport Advisory Council, the 
Community Bank Advisory Council of the Federal Reserve Bank of 
Philadelphia, the Operation Smile-Philadelphia Chapter, the Police 
Athletic League, the Philadelphia-Israel Chamber of Commerce, Elwyn 
Jerusalem, the Solomon Schecter Day School, and the Gesu School of 
Philadelphia.
  Mr. President, I salute Mr. Muscal for his achievements in business 
and in the community at large. I ask that my colleagues join me in 
wishing Zvi Muscal and his family all the best.

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