2021

Advantage Business Checking gives small, mid-size businesses access to cash management services, lending benefits

 PERKASIE, Pa. (April 2021) – Penn Community Bank, the largest mutual bank headquartered in eastern Pennsylvania, is launching a new business banking product aimed at making local businesses more competitive and successful.

Advantage Business Checking is an all-in-one checking account that provides businesses with select cash management tools – including ACH origination and online wire transfers – typically associated with larger businesses but increasingly needed by organizations of any size. In addition to these features, customers gain 24/7 access to the bank’s robust online and mobile business banking platforms, waived origination fees for a PennEdge Small Business Loans or Lines of Credit, up to 500 free items for processing, and a $150 credit for their first order of checks.

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Leading mutual bank named in Philadelphia Inquirer’s 2021 Top Workplaces list

 PERKASIE, Pa. (April 2021) – Penn Community Bank, the largest mutual bank headquartered in eastern Pennsylvania, has been named a Top Workplace by the Philadelphia Inquirer. The annual list of Delaware Valley employers recognizes businesses of all sizes and industries based on a variety of factors, including organizational alignment, strategic execution, and employer-employee connection.

“Penn Community Bank has always placed high emphasis on our culture – both its impact on the communities we serve, as well as its ability to empower our team members. It is this definitive focus that drives everything we do and makes us more than a powerhouse community bank, but a special place to work,” said Jeane M. Vidoni, president and CEO of Penn Community Bank. “We’re proud this commitment is being recognized by outside organizations like the Philadelphia Inquirer and its 2021 Top Workplaces list.”

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Leading mutual bank honored by Philadelphia Business Journal as 2021 ‘Faces of Philanthropy’ honoree

PERKASIE, Pa. (March 2021) – Penn Community Bank, the largest mutual bank headquartered in eastern Pennsylvania, is pleased to announce that it has been honored as a 2021 Faces of Philanthropy award winner by the Philadelphia Business Journal. The award recognizes the bank’s work with the United Way of Bucks County on the Bucks County COVID-19 Recovery Fund as a “difference-making partnership” between a local business and a nonprofit organization.

“At Penn Community Bank, we believe in the power of Greater Good Banking. That means more than just being a financial services provider, it means stepping up when our communities need it the most,” said Jeane M. Vidoni, president and CEO of Penn Community Bank. “Working with the United Way of Bucks County and seeding funds to establish the Bucks County COVID-19 Relief Fund was an extension of that foundational belief. I’m proud to receive this recognition and spotlight the power of partnerships between businesses and our nonprofit neighbors.”

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Craig Morrow joins leading community bank with three decades of banking, lending experience

 PERKASIE, Pa. (March 2021) – Penn Community Bank, the largest mutual bank headquartered in eastern Pennsylvania, is pleased to announce the hiring of Craig Morrow, Senior Vice President – Team Leader, Commercial and Industrial (C&I) Banking. Morrow leads an existing team of commercial bankers in Bucks County, which will also include those focused on the bank’s strategic C&I expansion into Montgomery County and other adjacent markets.

“We’re thrilled to welcome Craig to our expanding commercial banking lending team,” said Lewis Cyr, Penn Community Bank Chief Lending Officer. “With over three decades of banking and lending experience, Craig brings a wealth of expertise to Penn Community Bank along with a track record of working to help businesses looking to grow.”

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Penn Community Bank president/CEO recognized for ‘notable success in the community,’ ‘leading the way for other women’

 PERKASIE, Pa. (March 2021) – Penn Community Bank, the largest mutual bank headquartered in eastern Pennsylvania, is pleased to announce that president and CEO Jeane M. Vidoni has been named a 2021 Women of Influence – Circle of Excellence honoree by Lehigh Valley Business. The Circle of Excellence award recognizes women of longstanding, notable success in the community who are leading the way for other women.

“I am honored to be recognized by one of the area’s leading business publications,” said Vidoni. “I truly believe in the power of community banking to help businesses and families thrive. Every day I’m proud to lead a dynamic, dedicated team focused on fulfilling Penn Community Bank’s long-term mission to act as a catalyst for growth in every community we serve.

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Community bank focuses on changing customer needs, COVID-19 impact in branch redesign

 PERKASIE, Pa. (March 2021) – Penn Community Bank, the largest mutual bank headquartered in eastern Pennsylvania, is launching a plan to improve operational efficiencies and better position the bank for future growth with an exciting and impactful network revitalization effort.

“Even during these uncertain times, branch revitalization is crucial. Focusing our attention on opportunities to improve and enhance our physical offices offers a number of benefits that increase the quality of interactions between our team members and customers,” said Jake Iampietro, Penn Community Bank Director of Retail Banking.

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