Largest mutual bank in eastern Pennsylvania continues expansion into Montgomery Co. with new flagship location
LANSDALE, Pa. (October 2021) – Penn Community Bank, the largest mutual bank in eastern Pennsylvania, is proud to announce that it will open a state of the art bank branch and business center with innovative design in Lansdale in 2022. Planned to open in Q1, the new office located at 490 Forty Foot Rd., Lansdale will expand the institution’s presence in Montgomery Co. and bring values-driven banking, lending, cash management, and investment services to businesses and families.
“At Penn Community Bank, we are driven by our commitment to banking for the greater good of the communities we serve,” said Jeane Vidoni, President and CEO of Penn Community Bank. “With so many customers and team members in Montgomery County, our new office in Lansdale reinforces our strong presence in the region. We will continue to support the community and provide products, services and technology to help our customers grow financially.”
The new Lansdale Branch is the result of Penn Community Bank’s organic growth plan and strategic focus on serving the needs of the area’s growing small and commercial business community, especially in the wake of the pandemic.
“Over the past several years, we have invested in online and mobile banking platforms as customer needs change. But we know the important role of physical locations in meeting the financial needs of families and businesses and have continued to invest in our retail network because we believe in the power of relationship-based banking,” said Steve Murphy, Penn Community Bank Chief Banking Officer. “We look forward to opening our Lansdale Branch to strengthen our presence and increase our resources in Montgomery County.”
Melanie Scholl will serve as manager of the new branch and lead a full team of relationship and small business bankers. Also, based out of the branch will be a team of commercial relationship managers, including Sean Hennigar, C&I Relationship Manager.
In addition to opening a new branch location, Penn Community Bank has continued to invest in improvements to its existing locations, recently unveiling renovations to financial centers in Bristol and Perkasie.
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 financial centers and 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.
