2024

Award recognizes bank’s commitment to building thriving communities for the second year in a row

PERKASIE, Pa (December 2024) – Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, announced today that it once again has been recognized as one of America’s Best Regional Banks and Credit Unions for 2025 by Newsweek and Plant-A Insights Group. The annual ranking recognized top regional banks and credit unions in the United States based off a large-scale study of over 9,000 institutions, more than 70,000 customer surveys, and millions of social media reviews.

“Being named one of America’s Best Regional Banks by Newsweek for the second consecutive year is a testament to our team’s unwavering commitment to the communities we serve,” said Jeane M. Vidoni, president and CEO of Penn Community Bank. “This repeat recognition is proof positive that our focus on real relationships and delivering powerful banking services resonates with customers and makes a meaningful impact in the communities we serve.”

“Regional banks are the financial backbone of communities nationwide as they support small businesses, fund local projects and ensure easy access to essential banking services,” said Nancy Cooper, Global Editor in Chief of Newsweek. “Newsweek and market-data research firm Plant-A Insights are proud to introduce America’s Best Regional Banks and Credit Unions 2025, highlighting companies utilizing a community- and customer-centric approach to make a big financial impact in their neighborhoods.”

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About Penn Community Bank: Penn Community Bank holds more than $2.7 billion in assets, employs more than 300 people, and offers banking and lending services at financial 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.

About Newsweek: Newsweek is a global media organization that has earned audience time and trust for more than 90 years. The publication reaches 100 million people each month with thought-provoking news, opinion, images, graphics, and video delivered across a dozen print and digital platforms.

PERKASIE, PA (December 2024) – Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, recently completed a successful matched giving campaign with Habitat for Humanity of Montgomery and Delaware Counties (HFHMDC), providing the organization with a total contribution of $18,359 to support affordable housing initiatives. The bank’s contribution includes a $10,000 match to $8,359 raised during HFHMDC’s World Habitat Day Giving Week Campaign held earlier this fall. The combined funding will strengthen local efforts to provide affordable housing solutions in Montgomery County.

“At Penn Community Bank, we believe in creating meaningful impact in our communities through strategic partnerships,” said Bernard Tynes, Chief Experience & Impact Officer at Penn Community Bank. “Our collaboration with Habitat for Humanity advances our shared goal of expanding access to affordable housing and building stronger neighborhoods throughout our region.”

“Our mission aligns closely with the ‘economic self-sufficiency and opportunity’ pillar of the Penn Community Bank Foundation – providing access to safe and decent affordable homes in Montgomery County,” said Keith Sterling, Chief Executive Officer of Habitat for Humanity of Montgomery and Delaware Counties. “We are grateful for the support and look forward to deepening our relationship with Penn Community Bank in the future,”

HFHMDC has served the community for over 35 years, providing 108 affordable mortgages since its founding in 1989, with four more homes scheduled for completion by year’s end. The organization has also completed critical health, safety, and accessibility repairs for nearly 200 owner-occupied households, while working to revitalize neighborhoods and stimulate economic growth.

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About Penn Community Bank: Penn Community Bank holds more than $2.9 billion in assets, employs more than 300 people, and offers banking and lending services at financial centers throughout southeastern 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.

About Habitat for Humanity of Montgomery and Delaware Counties: Habitat for Humanity of Montgomery and Delaware Counties is dedicated to providing affordable homeownership opportunities for income-qualified households across Montgomery and Delaware Counties. Their commitment extends beyond housing through neighborhood revitalization, economic growth stimulation, and community development to create safe living environments for all. For more information, visit www.habitatmontdelco.org.

WILLOW GROVE, PA (November 2024) – Penn Community Bank, the largest mutual bank in eastern Pennsylvania, has awarded a $25,000 grant to Willow Grove Community Development Corporation (WGCDC) to support the expansion of affordable housing options in eastern Montgomery County through their Bridging the Gap Program.

The grant will help WGCDC continue its mission of providing quality, affordable rental housing to families across five suburban municipalities. The organization has already added four new properties to its portfolio—three in Upper Moreland Township and one in Ambler—bringing their total to 62 affordable rental units. With continued support, they’ll reach their goal of 65 units.

“Access to affordable housing is about more than just putting roofs over heads – it’s about creating pathways to economic growth and community stability,” said Bernard Tynes, Chief Experience & Impact Officer at Penn Community Bank. “Through WGCDC’s innovative approach of maintaining affordable rents in opportunity-rich neighborhoods, families can invest in their futures through education, healthcare, and financial growth. This is what we mean when we talk about investing in impact – creating a ripple effect that strengthens entire communities.”

“Thank you very much! On behalf of the Willow Grove Community Development Corporation, we thank the Penn Community Bank Foundation for your very generous contribution and support of our mission and the work we do,” said Jerome Mitchell, Executive Director of Willow Grove Community Development Corporation. “We are delighted to receive your support and look forward to working with you to accomplish our goals. Again, thank you for your commitment and the great work you all continue to do at Penn Community Bank.”

Beyond housing, WGCDC provides vital community services through their Volunteer Income Tax Assistance (VITA) program. Operating in partnership with Temple University Ambler and the Internal Revenue Service, WGCDC helps up to 500 low-to-moderate income residents annually complete their tax returns free of charge.

The organization serves approximately 1,000 beneficiaries annually across eastern Montgomery County. In neighborhoods where over 15% of residents face poverty, these comprehensive services create essential pathways to economic stability.

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About Penn Community Bank: Penn Community Bank holds more than $2.9 billion in assets, employs more than 300 people, and offers banking and lending services at financial centers throughout southeastern 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.

Boyle joins Keystone Opportunity Center; Bank contributes $11,000 to MontCo needs

SOUDERTON, Pa (October 2024) – Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, is proud to deepen its relationship with Keystone Opportunity Center with the addition of Kelly Boyle – Manager of Corporate Social Responsibility & Government Affairs to the organization’s board of directors. In 2024, the bank has contributed $11,000 in funding and dozens of volunteer hours to support the organization’s critical food security, housing assistance, and adult education programs.

“Joining the board of Keystone Opportunity Center is a natural extension of Penn Community Bank’s commitment to the communities we serve,” said Boyle. “The work Keystone does in Montgomery County aligns perfectly with our values of fostering financial empowerment and developing thriving communities. We’re excited to contribute not just financially, but also through expanded engagement and team member involvement.”

“Our partnership with Penn Community Bank helps us expand our reach and deepen our impact in addressing critical needs in our community,” said Brandon Trombetta, MSW, Executive Director of Keystone Opportunity Center. “Having Kelly on our team – in addition to the generous support from the bank – bolsters our capacity and powers positive change for thousands of Montgomery County residents.”

Keystone Opportunity Center seeks to fight housing insecurity and provide safe, affordable housing while combating food insecurity and offering educational opportunities for adults. In 2023, the organization distributed over 486,000 pounds of food, providing housing for 128 individuals, and educating 554 students across Montgomery County. Notably, the Food Pantry saw a 25% increase in distribution compared to the previous year. Through Community Case Management, Keystone provided over $17,000 in direct financial assistance and offered thousands of support contacts, many through their Bi-Lingual Community Assistance Coordinator. The organization’s impact was further amplified by dedicated volunteers who contributed nearly 9,000 hours to support Keystone’s mission of fostering self-sufficiency and improving lives in the community.

Earlier this year, Penn Community Bank teamed with Keystone Opportunity Center as part of its third annual Day of Service. Learn more penncommunitybank.com/dayofservice/

About Penn Community Bank: Penn Community Bank holds more than $2.7 billion in assets, employs more than 300 people, and offers banking and lending services at financial 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.