PERKASIE, Pa. (July 2021) โ Penn Community Bank, the largest mutual bank headquartered in eastern Pennsylvania, has named Stephen Murphy EVP, Chief Banking Officer.
Murphy has led the bankโs Residential and Consumer Lending department since 2013 and sales administration across the organization since 2019. In the new and expanded role he will oversee the bankโs consumer banking functions including retail banking, and consumer and small business lending. Murphy will also continue to lead the organizationโs sales and service management processes.
โSince joining Penn Community Bank, Steve has been an invaluable part of our mission to serve the greater good with values-driven banking and lending services. In his new role bank customers will benefit from his background and commitment to best in class customer service,โ said Jeane M. Vidoni, president and CEO of Penn Community Bank. โWeโre excited to establish this new position and expand Steveโs role in the operation of the regionโs leading community bank.โ
Murphy has over 25 years of experience in the financial services industry, including time at regional institutions and local lending firms. He is a graduate of Temple University, Stonier School of Banking, and Wharton Leadership Program at the University of Pennsylvania. He lives in Plumstead Township.
ย 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 financial centers 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.
