Leading community bank cuts ribbon on Allentown location, hosts grand opening events, makes grant contributions to nonprofit partners
ALLENTOWN, PA (June 2024) โย Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, marked its entry into the Lehigh Valley and the opening of its new Allentown Financial Center (3090 Tilghman St., Allentown, PA) with a series of grand opening events. The week-long celebration included:
Official Ribbon Cutting (May 29) – Bank leaders and local elected officials gathered to cut the ceremonial ribbon and officially open the doors of the new financial center. Attending were Pennsylvania Senator Nick Miller, Allentown Mayor Matt Tuerk, Lehigh Co. Executive Phillips Armstrong, Lehigh Co. Commissioner Geoff Brace, and Greater Lehigh Valley Chamber of Commerce President & CEO Tony Ianelli, and more. (Photo attached)
โFrom the heart, Iโd like to let you know how much we appreciate the fact that you chose us โ to beย hereย โ and that you are working with our community,โ โ Lehigh Co. Executive Phillips Armstrong on Penn Community Bankโs continued entry into the market.
Business Mixer & Nonprofit Grants (May 29) – Over 100 local business and community leaders joined for a networking mixer, highlighting the bankโs expanding involvement in the Lehigh Valley. In addition to remarks from leaders throughout the bank, the program included the presentation of two $5,000 grants to local nonprofit organizations: Cohesion Network and Hispanic Center Lehigh Valley. (Photo attached)
“Hispanic Center Lehigh Valley appreciates the opportunity to partner with Penn Community Bank. Their generous donation will enable us to connect more people with essential resources that fulfill their basic needs.” โ Raymond Santiago โ Executive Director, Hispanic Center Lehigh Valley
Community Grand Opening Celebration (June 1) โ Wrapping up the week, community members were invited to the financial center for a day of food and fun. Lehigh Valley Phantoms mascot MeLVin stopped by and Philadelphia Eagles legend Mike Quick was on hand signing autographs and talking football. CAT County 96FM broadcasted live and providing music and ticket giveaways. Hundreds of attendees entered to win great raffle prizes, including a PS5, smart TV, and more. (Photos attached)
โAs a proud Lehigh Valley native, Iโm so excited to bring true community banking to Allentown,โ said Jeane M. Vidoni, president and CEO of Penn Community Bank. โBuilding on years of involvement in the region, weโre thrilled to expand our reach and impact in the Lehigh Valley โ playing an ever-increasing a role in the regionโs bright future by providing a community financial partner to help individuals, families, businesses, and entire neighborhoods thrive.โ
Penn Community Bankโs full-service Allentown Financial Center is its first retail office in the market and will support the organizationโs existing commercial banking and lending presence in the market. The location includes full-service, state of the art branch amenities for both business and personal customers.
###
Penn Community Bank is the largest independent mutual bank in eastern Pennsylvania – holding more than $2.9 billion in assets, employing over 300 team members, and offering a full suite of consumer and business banking and lending services throughout the greater Philadelphia and Lehigh Valley region. As a 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.
