Competitive accounts help customers avoid overdraft fees with Overdraft Grace, provide more access with Early Direct Deposit; plus, BankOn certification
ย PERKASIE, Pa (May 2022) โ Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, has launched a new suite of competitive checking and savings products aimed at meeting the financial needs of customers at every stage of life. The product overhaul comes as the $2.6 billion institution continues its organic growth, including with a new location in Montgomery Co. and planned market expansion into the Lehigh Valley.
โWhether youโre just starting out, on a growth trajectory, or planning for your future, Penn Community Bank has the products, services, and financial experts you need to reach your goals,โ said Diane Brown, Chief Administrative Officer. โWeโre proud that our new products meet the changing needs of our customers and communities, and ensure that everyone in the region has access to safe, effective, and common-sense banking tools that help them start, grow, and stay here.โ
โPenn Community Bankโs continued investment into its product offerings highlight our commitment to those we serve and our position as the regionโs leading community bank,โ said Bernard Tynes, Director of Marketing โOur customers have access to tools and technology that match up to โ or exceed โ what they could find at a regional, national institution, or FinTech all with the true community banking relationship model that sets us apart from our competition.โ
Revamped checking products include the following new features on qualified accounts:
- Early Direct Deposit: Customers will be able to access their direct deposit payroll or federal payment up to two business days early.
- Overdraft Grace: Customers will pay no overdraft service fees when their account is overdrawn by $25 or less.
- BankOn Certification. Penn Community Bank is expanding banking access to the underbanked and unbanked with aย fresh start option for safe and easy access to managing your money, with all of the basics, and no overdraft/non-sufficient funds services or fees.
All Penn Community Bank accounts offer free access to network ATMs, no fee on non-network ATMs, VISAยฎ debit card, Zelleยฎ, Debit Card Purchase Rewardsยฎ, free eStatements, and more.
These products and more are available at any one of Penn Community Bankโs convenient locations throughout Bucks and Montgomery counties, or online at PennCommunityBank.com.
About Penn Community Bank: Penn Community Bank holds more than $2.6 billion in assets, employs more than 300 people, and offers banking, lending and investments at 20+ 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.
