Penn Community Bank Creates Community Foundation, Appoints Director
Longtime Bucks County resident selected to nurture bank relationships with community organizations.
- (1888PressRelease) April 08, 2016 - Penn Community Bank, Bucks County's leading independent, mutual financial organization, is pleased to announce the creation of the Penn Community Foundation and the appointment of longtime Bucks County resident and bank executive Todd Hurley to oversee its operation.
Effective May 1, 2016, Hurley will become Penn Community Bank's Chief Relationship Officer and Executive Director of the Penn Community Foundation, reporting directly to President and CEO Jeane M. Coyle. Hurley previously served as the bank's Chief Retail Officer.
Creating an executive-level position focused on representing the bank to the community organizations with which it partners reinforces the bank's dedication to its mission, said Coyle.
"Penn Community Bank's mission is to help local residents, businesses and nonprofits achieve their financial goals, and to value people as much as we do profits," said Coyle. "We are proud to promote Todd to this role and are excited about the initiatives that he will develop on our behalf."
Robert L. Byers, President of Chalfont-based Byers' Choice Ltd. and Chairman of the Penn Community Bank board of directors, said the work of Penn Community Foundation and the creation of Hurley's new position demonstrates the level of the bank's commitment to actively leading efforts that make the towns in which the bank operates better places to live, work and play.
"Dedicating such a well-regarded leader as Todd to represent us and to develop partnerships with the local organizations that we support solidifies our pledge to act as a catalyst for positive growth in every community we serve," said Byers. "This is a major investment in our foundation and reflects the importance that Penn Community Bank places on our position in and relationships with the community."
A longtime resident of the Perkasie area, Hurley graduated from Pennridge High School and then went on to earn a bachelor's degree in finance from Shippensburg University of Pennsylvania. He also holds an MBA and is active in community organizations such as the Pennridge Perkasie Rotary Club, the Pennridge Chamber of Commerce, and the Presbyterian Church of Deep Run.
"I am pleased to carry on and expand the tradition of community engagement that was a hallmark of service of the two local banks that unified to form Penn Community Bank," said Hurley, who joined the bank's predecessor, First Savings Bank of Perkasie, in 1984. "Our team members live here, our executives live here, and our board members live here; we all have a vested interest in helping the communities across Bucks County to thrive."
Formed in 2015 by the unification of First Savings and First Federal of Bucks County, Penn Community Bank is Bucks County's leading independent, mutual financial organization. With more than $1.8 billion in assets, it offers expert financial advice and a complete range of banking, insurance and investment products and services to meet the needs of individuals, families and businesses throughout their lifetimes.
To learn more about Penn Community Bank, visit PennCommunityBank.com.
About Penn Community Bank:
Created in 2015 by the unification of long-standing community banks First Federal of Bucks County and First Savings Bank of Perkasie, Penn Community Bank holds more than $1.8 billion in assets and employs more than 300 people at 22 bank branches and two administrative centers throughout Bucks County. 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 support 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.
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