Award recognizes bank’s commitment to building thriving communities
PERKASIE, Pa (January 2024) – Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, announced today that it has been recognized as one of America’s Best Regional Banks 2024 by Newsweek.
“We are deeply honored to be recognized by Newsweek as one of America’s Best Regional Banks,” said Jeane M. Vidoni, president and CEO of Penn Community Bank. “Our customers are at the heart of everything we do, and this award reinforces that our focus on building personal relationships and providing best-in-class service is making a real difference in people’s lives.”
“Regional banks play a pivotal role in the financial fabric of communities nationwide,” said Nancy Cooper, Global Editor in Chief of Newsweek. “Unlike their larger counterparts, these institutions are deeply rooted in local economies, understanding the unique needs of the people they serve. These institutions become familiar in the neighborhood; they offer a sense of trust and community that resonates with account holders.
“In an era where digital advancements can overshadow personalized service, regional banks and credit unions stand out for their customer-centric financial services. These institutions prove that a community-centered approach can redefine the banking experience.”
Conducted in partnership with leading data research firm Plant-A Insights Group, the 2024 America’s Best Regional Banks list was produced following a survey of over 35,000 individuals, 140,000 reviews, and evaluation of various marketing and financial data of nearly 10,000 regional banks and credit unions across the country. In total, only 250 financial institutions were selected to this year’s list.
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.
