CHELTEN HILLS SAVINGS BANK

Chelten Hills Savings Bank was established on September 21, 1910, originally as Chelten Hills Savings Association and was not initially insured by the Federal Deposit Insurance Corporation (FDIC). In the year 2000, the institution underwent several changes, including a name change to Chelten Hills Savings Bank, a shift in its primary federal regulatory agency to the FDIC, and a reclassification as a mutual savings bank and an FDIC supervised state savings bank. On October 1, 2017, Chelten Hills Savings Bank merged with and became part of Penn Community Bank, located in Perkasie, Pennsylvania. Following this merger, on March 22, 2018, the institution officially changed its name to Penn Community Bank.

Below is a list of some important events in banks history, including mergers and acquisitions.

DATEEVENT

1910-09-21Institution established but was not FDIC insured. Original name: Chelten Hills Savings Association.

2000-10-02Changed Bank Class to FDIC Supervised State Savings Bank.

2000-10-02Changed Organization Type to Mutual Savings Bank.

2000-10-02Changed Primary Federal Regulatory Agency to FDIC.

2000-10-02Changed Institution Name to Chelten Hills Savings Bank.

2017-10-01Merged and became part of Penn Community Bank in Perkasie, PA.

2018-03-22Changed Institution Name to Penn Community Bank.