Leading community bank continues efforts to expand business banking presence in the region
PERKASIE, Pa. (July 2021) – Penn Community Bank, the largest mutual bank headquartered in eastern Pennsylvania, is continuing its efforts to better meet the needs of area businesses with the addition of two new commercial bankers: Stephen Kalamar – SVP, Senior C&I Relationship Manager and Nick Saenz – VP, Real Estate Relationship Manager.
“Penn Community Bank continues to invest in talented team members that enhance our commercial banking and lending capabilities, and expand our reach across the region,” said Lewis Cyr, Penn Community Bank Chief Lending Officer. “Stephen and Nick bring a wealth of experience to our institution and will make an immediate impact.”
Stephen Kalamar – SVP, Senior C&I Relationship Manager
Over the course of a 30 year career, Kalamar has worked for large regional, national, and multinational banks focused on business development and portfolio management. He joins Penn Community Bank as SVP, Senior C&I Relationship Manager with an emphasis on the commercial & business banking market in the Greater Lehigh Valley. A graduate of Moravian College, he is a past president of the Lehigh Valley Economic Development Corporation and resides in Bethlehem.
Nick Saenz – VP, Real Estate Relationship Manager
With eight years in the financial services industry, Saenz joins Penn Community Bank as VP, Real Estate Relationship Manager – focused on commercial, multifamily, and residential development construction. He has worked for several local financial institutions as well as the Federal Reserve Bank of Philadelphia. A graduate of Bloomsburg University, Saenz holds a Master in Business Administration from LaSalle University. He lives in Montgomery Co. with his wife, two children, and two dogs.
About Penn Community Bank: Penn Community Bank holds more than $2.5 billion in assets, employs more than 300 people, and offers banking, lending and investments at 22 bank branches and three 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.