PERKASIE, PA (March 2025) – Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, continues its long-standing commitment to community investment, announcing that from January to March 2025, the bank and its charitable arm, the Penn Community Bank Foundation, have invested nearly $200,000 in grants to 32 nonprofit and community organizations. These funds, coupled with nearly 500 hours of team member volunteerism, are expected to impact tens of thousands of residents across Bucks, Montgomery, Lehigh, and Northampton counties.
“At Penn Community Bank, we believe that good corporate citizenship isn’t just the right thing to do—it’s essential to strong business practices and economic advancement for all,” said Jeane Vidoni, President & CEO of Penn Community Bank. “Investing in our communities leads to sustainable growth, job creation, and a more vibrant local economy. We are proud to partner with organizations that make a meaningful difference in the lives of our neighbors.”
Investing in Local Impact
This quarter’s funding has supported a wide range of initiatives that align with the mission of the Penn Community Bank Foundation—fostering economic self-sufficiency, supporting local businesses, promoting financial literacy, and strengthening emergency services. Notable grants include:
- United Way of Bucks County HELP Center: Providing essential items like food, toiletries, and home goods in a dignified, store-like setting for individuals and families in need.
- Bucks County Opportunity Council: Promoting economic self-sufficiency through coaching, food assistance, emergency services, weatherization, and free tax preparation.
- Emergency Response Support: Providing critical funding for first responders in response to a major fire in Montgomery County, ensuring resources for Weldon Fire Company, Second Alarmers Association, and Cheltenham Hook & Ladder Company No. 1.
Additional nonprofit partners benefiting from this quarter’s investments include: A Woman’s Place, Allentown Symphony Association, Ann Silverman Community Health Clinic, BC Cares Educational Foundation, Breastfeeding Resource Center, Bucks County Covered Bridge Society, Bucks County Foodshed Alliance, Bucks Heroes, Destined for a Dream, Family Service Association of Bucks County, Foundations Community Partnership, Habitat for Humanity of the Lehigh Valley, Hepatitis B Foundation, Ivy Hill Foundation, Laurel House, Lehigh Valley Senior All-Star Classic Committee, Manna On Main Street, MontCo Anti-Hunger Network, New Bethany, Quakertown Alive!, SCORE of Bucks County, Shar’s Hands, The Bucks County Bar Foundation, and Twilight Wish Foundation.
Introducing “Compound Community Interest”
Beyond financial contributions, Penn Community Bank is deepening its community impact with the launch of “Compound Community Interest” – a thought leadership series that draws a parallel between the banking principle of compound interest and the long-term benefits of community reinvestment. The initiative emphasizes how every dollar, resource, and act of support creates lasting economic growth and prosperity.
The initiative was developed in response to Penn Community Bank’s Community Impact Assessment, which revealed that many area nonprofits seek skill-based volunteerism. Recognizing this need, 45% of the bank’s senior leadership now serve on nonprofit boards, offering expertise in financial management, marketing, human resources, and operations to strengthen local organizations.
“Just as compound interest fuels financial growth, we believe that continuous investment in our communities has a multiplying effect—creating real, measurable change that benefits businesses and residents alike,” said Bernard Tynes, EVP, Chief Consumer Banking Officer, and Executive Director of the Penn Community Bank Foundation. “Through financial education, volunteerism, and targeted funding, we are helping to build stronger, more resilient communities that will thrive for generations.”
For more information about Penn Community Bank’s community initiatives or to apply for a grant, visit https://www.penncommunitybank.com/how-we-grow-communities/penn-community-foundation/
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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.
