Penn Community Bank Presents $32,500 in Donations to Bucks County Nonprofits
Funds will be used to support affordable housing and education initiatives across Bucks County.
- (1888PressRelease) January 16, 2016 - Bucks County's leading mutual financial organization, Penn Community Bank, recently presented donations totaling $32,500 to nonprofit organizations that improve the lives of county residents.
Formed by the unification of First Federal of Bucks County and First Savings Bank of Perkasie, Penn Community Bank commits up to 5 percent of its net income each year to charitable groups that serve Bucks County. For 2015, the bank was able to contribute an additional $32,500 to four groups doing vital work to advance affordable housing and education programs across the county.
The donations are:
• Bucks County Housing Group, $2,500
• Bucks County Opportunity Council, $15,000
• Habitat for Humanity of Bucks County, $5,000
• Vita Education Services, $10,000
Penn Community Bank President and CEO Jeane M. Coyle recently presented checks for these donations to representatives of the organizations. The funds will assist with their day to day operations along with special events and programs.
"All of us here at Penn Community Bank are committed to upholding our pledge to make our communities better places to live and work," said Coyle. "We applaud these nonprofits for the good work they are doing and look forward to supporting their efforts for many years to come."
About Penn Community Bank:
A Pennsylvania chartered stock savings bank, Penn Community Bank was created in 2015 by the unification of long-standing community banks First Federal of Bucks County and First Savings Bank of Perkasie. It 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. Penn Community Bank offers expert financial advice on banking, insurance and investments, delivered by friendly people through convenient services. Penn Community Bank's mission is to help businesses grow and prosper, support individuals and families throughout their lifetimes, strengthen the local economy, and partner with local organizations to act as a catalyst for positive growth in every market it serves.
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