Penn Community Bank president & CEO tapped for county blue ribbon panel focused on “re-opening” local economy
PERKASIE, PA (MAY 2020) – Jeane M. Vidoni, president and CEO of Penn Community Bank – the largest mutual bank headquartered in Southeastern Pennsylvania – has been selected to serve on the Bucks County Economic Recovery Task Force.
Established earlier this month by Bucks County Commissioner Bob Harvie, the task force will work to identify and overcome obstacles that businesses are most likely to encounter as they begin to reopen, and to recommend steps for them to take, such as policies to develop, internal and external communications, staying informed of new developments, planning their reopening level of operation, and identifying supplies they will need. The task force also is identifying the most effective ways for county government to assist this process, and to develop effective methods of disseminating information to businesses and the public.
“As the CEO of a community-first bank headquartered in Bucks County, I understand the toll that the coronavirus pandemic is taking on our community,” said Jeane M. Vidoni, President and CEO of Penn Community Bank. “For residents and businesses in Bucks County, it is crucial that local stakeholders work together to effectively respond to the economic impact of the coronavirus pandemic. I am proud to be a member of this task force and play a role in this critical effort.”
“I want to personally thank task force members for sharing their personal knowledge and professional expertise as the county implements our economic response to COVID-19,” said Commissioner Harvie in announcing the task force. “There are no easy decisions in these unprecedented times. The guidance and insight provided by each member of the task force has been invaluable.”
Penn Community Bank has been a community leader in response to the COVID-19 outbreak:
- In March, the bank partnered with the United Way of Bucks County to launch the Bucks County COVID-19 Recovery Fund, including a $25,000 initial contribution. The relief fund is being used to assist those experiencing a financial crisis as the result of the COVID-19 pandemic with basic needs such as food, shelter, utilities, and transportation. To learn more and to contribute to the recovery effort, visit http://www.uwbucks.org/COVIDrecovery.
- In April, the bank donated $30,000 to the Bucks County Health Improvement Partnership (BCHIP) to establish the Penn Community Bank Healthcare Operational Priority Emergency (HOPE) Fund which will cover the cost of care for some of the community’s most vulnerable residents. In concert with Bucks County hospitals and local officials, the HOPE Fund is established to provide resources to support individuals who are unsheltered due to COVID-19, these may include shelter clients or those who cannot safely return to group homes. Costs may include expenses such as space for safe isolation during illness, essential medical supplies, or personal protective equipment (PPE) for clients and staffing. In addition, funds will be used to address and meet the rapidly changing needs of the Bucks County community brought about by the pandemic.
- Most recently, the bank donated 1,400 N95 masks to the Bucks County Emergency Service Center as they respond to the coronavirus pandemic.
About Penn Community Bank: Penn Community Bank holds more than $2 billion in assets, employs more than 350 people, and offers banking, lending and investments at 24 bank branches and two administrative centers throughout Bucks and Montgomery counties, Pennsylvania. As an independent, mutual financial institution, Penn Community Bank is not publicly traded and operates with its long-term mission in mind: to help businesses grow and prosper, to provide financial resources to individuals and families throughout their lifetimes, to strengthen the local economy, and to partner with local organizations to act as a catalyst for positive growth in every market it serves.