Perkasie, Pennsylvania  – March 2025 – Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, joined the United Way of Bucks County and fellow community banks as the Bucks County Commissioners officially proclaimed March 2025 as ALICE Awareness Month. This recognition highlights the challenges faced by hardworking yet financially constrained households across the county.

According to the United Way, 27% of Bucks County residents are considered ALICE – Asset Limited, Income Constrained, Employed – meaning they earn above the Federal Poverty Level but still struggle to afford basic necessities such as housing, childcare, food, transportation, and healthcare.

As part of its commitment to financial empowerment and community advancement, Penn Community Bank continues to champion ALICE families through both advocacy and direct support. Jeane M. Vidoni, President and CEO, and Bernard Tynes, EVP/Chief Consumer Banking Officer, have actively engaged in raising awareness of the issue, reinforcing the bank’s dedication to helping local families achieve financial stability.

Additionally, the Penn Community Bank Foundation has provided nearly $50,000 in funding to the United Way of Bucks County for innovative programming designed to support ALICE households. This long-standing partnership reflects the bank’s mission to strengthen local economies and serve as a catalyst for growth for individuals, families, businesses, and entire communities.

“This particular segment of our community is often overlooked, and I am proud to stand with the United Way of Bucks County and community banks across our market to shine a light on ALICE families,” said Jeane Vidoni, President and CEO of Penn Community Bank. “Beyond awareness, we remain committed to offering financial products, services, and education to help them grow and thrive.”

“Too many essential workers in Bucks County are working full-time – sometimes juggling multiple jobs – yet still struggling to afford the basics,” said Marissa Christie, President and CEO of United Way of Bucks County. “ALICE households are typically our frontline workers, powering our community. When they are unable to remain stable and stably employed, it’s a community-wide challenge. We’re grateful to our County Commissioners for recognizing this.”

Penn Community Bank remains dedicated to its role as a community-first financial institution, working to create meaningful change and lasting impact throughout the markets they serve.

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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.

Annual report highlights bank’s dedication to legacy and vision for impactful future

PERKASIE, PA (February 2024) – Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, announced today that it has released its 2024 Impact Report. This annual report details the bank and its charitable arm, Penn Community Bank Foundation’s, strategic investments in area programming and initiatives centered on financial education, housing, and strengthening the local economy.

“As we enter 2025, Penn Community Bank stands stronger than ever – not only in our financial position but also in our mission to serve as a catalyst for positive change.” Said Jeane M. Vidoni, President & CEO of Penn Community Bank. “For 150 years, we’ve understood that our success is linked to the success of those we serve. This report reflects our continued dedication to that legacy and our vision for an even more impactful future.”

The 2024 Impact Report includes:

• Results from our inaugural community needs assessment surveying nonprofits from across the region
• The organic expansion to the Lehigh Valley, and the opening of two new full service financial centers in Bethlehem and Allentown,
• Overview of $1.1 million in charitable giving
• Nearly 200 organizations supported across Bucks, Montgomery, Lehigh, Northampton and Philadelphia Counties
• 3800 of team member volunteer hours
• Customer partnership spotlights
• And more!

Join us in celebrating the impact of Greater Good Banking across the region by downloading a digital copy of our 2024 Impact Report, here.

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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.

Checking Product Receives Recertification for Meeting Bank On Account Standards by National Nonprofit

PERKASIE, PA – Penn Community Bank, the largest mutual bank in eastern Pennsylvania, announced that its Access Checking account has been recertified by the Cities for Financial Empowerment Fund (CFE Fund) as meeting the Bank On National Account Standards (2025 – 2026).  These national safe account Standards – co-created by consumer advocates, leading national nonprofit organizations, civic leaders, and other financial institutions – recognize banking products with low cost, high functionality, and built-in consumer safety.

Penn Community Bank’s Access Checking account is a fresh start option for safe and easy access to managing your money. Key features include no overdraft/non-sufficient funds services or fees, a low monthly fee that can be waived with just $500 in monthly direct deposits, and more. As with other checking product offerings, Access Checking is covered by standard federal deposit insurance.

“By partnering with Bank On, Penn Community Bank is working to address the significant need for affordable banking services in the region and promote financial inclusion,” said Penn Community Bank Chief Consumer Banking Officer Bernard Tynes. “Through products like our Access Checking account, we’re working to ensure that everyone has access to safe, affordable banking services that can help them grow and thrive. This recertification demonstrates our ongoing commitment to removing barriers to financial services and creating opportunities for economic mobility in the communities we serve.”

The Cities for Financial Empowerment Fund is delighted to award its national Bank On account certification to Penn Community Bank’s Access Checking account,” said Jonathan Mintz, President and Chief Executive Officer of the Cities for Financial Empowerment Fund. “Access Checking offers Penn Community Bank customers who are looking to improve their finances a safe, affordable, and truly useful mainstream banking product to access and manage their money. Penn Community Bank’s offering of this terrific account brings them into the forefront of national banking access efforts, and we thank them.”

The goal of Bank On is to ensure that everyone has access to safe and affordable financial products and services. The Bank On National Account Standards identify critical product features for appropriate bank or credit union accounts, making it easier for local coalitions across the country to connect consumers to accounts that meet their needs.

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About the Cities for Financial Empowerment Fund (CFE Fund): The CFE Fund supports municipal efforts to improve the financial stability of households by leveraging opportunities unique to local government. By translating cutting edge experience with large scale programs, research, and policy in cities of all sizes, the CFE Fund assists mayors and other local leaders to identify, develop, fund, implement, and research pilots and programs that help families build assets and make the most of their financial resources. The CFE Fund is currently working in over 100 cities and counties, and has disbursed over $66 million to local governments and their partners to support these efforts. For more information, please visit www.cfefund.org or follow us on Bluesky at @cfefund.bsky.social.

About Bank On: The CFE Fund’s national Bank On movement supports local coalition and financial institution efforts to connect consumers to safe, affordable banking accounts as a fundamental component of financial stability. Already, more than 470 accounts at banks and credit unions nationwide – representing over two-thirds of the national deposit market share –  are certified as meeting the Bank On National Account Standards, which designate both core and strongly recommended features that ensure low cost, no surprise fees, high functionality, and consumer safety. More than 100 Bank On coalitions across the country are working to connect unbanked and underbanked individuals to certified accounts, often through leveraging large-scale government program and payment opportunities. Visit https://joinbankon.org/ for more information.

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.

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.