Submitted
The Penn Community Bank, created in 2015 by joining together both First Federal of Bucks County and First Savings Bank of Perkasie, has announced the creation of a new foundation and the appointment of a longtime Bucks County resident to oversee its operation.
According to a recent release, effective on May 1, Bucks resident and bank executive Todd Hurley will become the bank’s chief relationship officer as well as executive director of the Penn Community Foundation. Hurley previously served as the bank’s chief retail officer.
“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 President and CEO Jeane M. 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.”
Hurley, a longtime resident of Perkasie, graduated from Pennridge High School before studying finance at Shippensburg University of Pennsylvania. Hurley 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.”
The Penn Community Bank employs more than 300 people at 22 bank branches and two administrative centers throughout Bucks County, including several in Levittown, one in Bristol and one in Newtown.
