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Bank News

Pocono Family YMCA

October 2013

Penn Security Bank recently presented the Pocono Family YMCA with an Educational Improvement Tax Credit (EITC) donation. The EITC program allows businesses to support nonprofit educational organizations by reallocating their tax dollars for donation purposes. The Pocono Family YMCA was established in 1914, and is currently seen as the major human services organization in Monroe County. It is a not-for-profit charitable organization dedicated to developing spirit, mind and body for all. The Pocono Family YMCA makes significant and positive contributions to the quality of life in the area, and Penn Security Bank is proud to support them.

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EITC donation to WVIA

October 2013

Penn Security Bank also recently presented WVIA with an Educational Improvement Tax Credit (EITC) donation. For over 30 years, WVIA has provided Instructional Television programming to its member schools. By delivering a vast inventory of high quality curriculum-based programming, WVIA is addressing standards and learning objectives directly to their member schools through professional development, academic centered competition, and other educational resources. Penn Security Bank is delighted to help the WVIA continue the vital services they provide.

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Scranton Cultural Center’s Franklin Institute Science Series

October 2013

The Scranton Cultural Center at the Masonic Temple recently benefitted from an EITC donation from Penn Security Bank as well. The mission of the Scranton Cultural Center at the Masonic Temple is to rejuvenate a national architectural treasure as a regional center for the arts, education and community activity appealing to all. The center provides exposure to local, regional, national and international artists year-round. They are committed to offering K-12 arts integrated experiences to our regional school districts, home school groups and charter schools as well as the community. The Scranton Cultural Center offers an innovative educational program called the Franklin Institute Science Series. All shows and classroom materials are aligned with National Science Education Standards. All of the ten dynamic shows are designed to involve students from kindergarten to ninth grade in discovering news aspects of science. Students will experience first-hand how scientists use this process to investigate our world. Penn Security Bank is pleased to assist the Scranton Cultural Center with continuing this valuable program.

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The University of Scranton’s University of Success Program

October 2013

The University of Scranton’s University of Success Program provides college preparation, study skills, SAT preparation, mentoring, tutoring, and cultural enrichment to underserved teens, free of charge, to encourage their enrolment in college or higher education. The program’s participants have been identified in their school districts as having academic potential but lacking the support necessary to navigate the college admissions process. This program engages them for the crucial four years of high school to ensure that they have the best possible chance of gaining admission to college and much-needed financial aid. Penn Security Bank recently donated funds to the University of Scranton through the Educational Improvement Tax Credit (EITC) Program and thus helped in continuing this valuable program.

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Casual Day Contributions 2013

October 2013

During 2013, employee participation in the Casual Day Program allowed us to help a few members of our extended Penn Security Bank family. Early in the year, we were able to contribute $500 to Cassie Davies—a former employee of Penn Security Bank. Cassie was suddenly diagnosed with an unknown illness, and our monetary contribution helped to ease the cost her medical expenses.

We were also able to help Jason Pencek, the son of a former PSB employee. Jason was one of the two people struck by lightning at the Pocono Raceway in 2012. His best friend was killed by the strike, and Jason is on permanent disability as a result of his injury. Our $500 donation to the Lightning Awareness Group went toward Jason’s continued medical expenses.

Lastly, we were able to donate $250 to Abilities 21, an organization that is very important to one of our current employees. Abilities 21 was formed by a group of moms blessed with children with special needs wanting to connect with other families. The group’s focus is on children’s abilities rather than their disabilities. Funds from donations, including Penn Security’s, provided (at no cost to the families) music therapy, swim lessons, bounce house parties, family picnics, field trips for families to Knoebels Amusement Park and Sesame Place, and more.

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23rd Annual “Race for the Cure”

September 2013

Once again, Penn Security Bank employees have shown their support and dedication in fighting breast cancer! On September 21, 2013 they participated with about 7,000 other members of the community for the 23rd Annual Susan G. Komen Northeastern Pennsylvania Race for the Cure®. Penn Security Bank had a tremendous showing of more than 65 employees, family members and friends who participated in the Penn Security Bank Team.

One of the most emotional parts of the race is to see the walkers and runners of all ages remembering and dedicating their time in the race to loved ones who are battling or have passed away from breast cancer. Breast Cancer has touched so many lives in Northeast Pennsylvania.

Additionally, this year Penn Security Bank participated in the 2013 Komen Race for the Cure Community Goes Pink Challenge. The contest was held for the best window presentation in support of Breast Cancer Awareness and conducted by a judging panel. Penn Security Bank has been named the 2013 Large Business Winner. We received many compliments from our customers and race participants. Thank you to everyone who participated in the race.

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Penn Security receives 5-Star Superior Rating

September 2013

Penn Security Bank recently received a 5-Star Superior Rating from BauerFinancial Inc, the nation’s leading independent bank and credit union rating and research firm. Bauer Financial has been reporting on and analyzing the performance of United States Banks and Credit Unions since 1983. Fewer than 10% of the Nation’s banks can claim this distinction.

The 5-Star Superior Rating was awarded in September 2013 based on June 30, 2013 financial data and is the 71st consecutive quarter that the bank has earned this distinction.

We invite you to visit BauerFinancial.com or call 800.388.6686 to review their rating of our bank.

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The Sharing and Caring Healthy Food Drive

September 2013

Twenty-six percent of families in Northeastern Pennsylvania do not have enough food. As part of the 19th Annual Day of Caring on September 11th, the United Way of Lackawanna and Wayne Counties conducted their signature project––THE SHARING AND CARING HEALTHY FOOD DRIVE.

This year Penn Security Bank, along with other area companies, combined to collect over one and a half tons of food for the food pantries of United Neighborhood Centers, the Salvation Army, Bread Basket of NEPA and the Friends of the Poor. The demand at area food pantries is up, but the amount of food available is going down, and the overwhelming response in support of the food drive from Penn Security employees HAS MADE A DIFFERENCE!

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6th Annual Penn Security Charitable Foundation Golf Tournament

August 2013  

The 6th Annual Penn Security Charitable Foundation Golf Tournament was held on Monday, August 26, 2013 at the Glen Oak Country Club, Waverly. This year’s event raised over $30,000 for our Charitable Foundation. Over the past twelve years the Penn Security Charitable Foundation* has donated in excess of $2.3 million to local charitable non-profit organizations to help make our local communities better places to live.

Thank you to all our participating sponsors for their generous support and to the Glen Oak Country Club and staff for making this day so special.

*The Penn Security Charitable Foundation is a 501(c)(3) tax-exempt organization.

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Wish for the Moon at the Peckville Library

July 2013  

Each summer the Peckville Library holds a summer program for children ages five through ten. This year our Peckville Office was invited to participate as the sponsor of their 2013 program “Teaching Kids to Save”.  

On July 24, 2013, two of our Peckville Branch employees read a story titled “Wish for the Moon” to their adorable audience. The book explained the importance of saving for something you wish for. After reading the book, there were some quite lively discussions with the children. One of the 5 year olds offered some personal hints and ideas on saving and sharing!

Each child was given a “Moonjar” kit to assemble. When assembled, the “Moonjar” had three sections for the children to use: one for saving, one for spending, and one for sharing. It really helped them to understand what they had just read about. The children also received a Penn Security Piggy Bank (complete with very trendy black glasses) and a coupon for $5 to be deposited into a new savings account when opened at any of our branch locations.  

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Penn Security Launches Financial Literacy Program for High School Students

April 2013  

Penn Security Bank has launched a new initiative, Penn Security Financial Scholars, to bring financial literacy education to high school students in four area school districts. The bank has partnered with EverFi, the leading education technology platform company for financial literacy education, to bring the interactive financial management program to high school students at Abington Heights, Mid Valley, Old Forge and Scranton School Districts. 

This web based program uses the latest in new media technology––including simulations, avatars, gaming and adaptive-pathing to bring complex financial concepts to life for today’s digital generation. The students become certified in hundreds of topics in personal finance, allowing them to become more informed, responsible citizens.

The 10 unit course offers approximately six hours of programming on a variety of relevant financial topics that map to financial literacy standards. The course is facilitated by teachers within each of the districts. The EverFi platform tracks the progress and score of every student and provides students who successfully complete the course with Certification in Financial Literacy, a valuable mark of distinction on college applications and resumes.

After reviewing the success of the high school program, the bank will evaluate expanding the program to include elementary and middle school students within the same four school districts.

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“Best Bank” Award 2013

April 2013

On April 23rd, our Peckville Team was presented with the Valley Advantage's Readers' Choice Award.

Thank you to the community for voting us the "BEST BANK" in the valley. We appreciate your acknowledgement. 

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10th Anniversary C.A.S.U.A.L. Day

March 2013

C.A.S.U.A.L. (Colon cancer Awareness Saves Unlimited Adult Lives) Day is a program designed to raise awareness for colon cancer in Northeastern Pennsylvania and the importance of screening and early detection. The event takes place each year at the end of March - Colorectal Cancer Awareness Month. On this day participants dress C.A.S.U.A.L. while wearing a specially designed pin and/or custom t-shirt to promote awareness about colon cancer.

It is important to bring awareness to colon cancer because it is one of the most frequently diagnosed cancers in Northeastern Pennsylvania. Approximately 1,165 new cases are diagnosed and about 400 patients die from colon cancer each year in Bradford, Carbon, Lehigh, Lackawanna, Luzerne, Lycoming, Monroe, Northampton, Pike, Sullivan, Susquehanna, Tioga, Wayne, and Wyoming Counties combined.

On behalf of the Cancer Institute and all those affected by this disease, I would like to thank all of the employees of Penn Security Bank for your generosity and participation in this year’s 10th Anniversary of C.A.S.U.A.L Day. Together we raised $845.00 and spread unlimited awareness. The proceeds from this event benefit Northeast Regional Cancer Institute’s efforts to raise colorectal cancer awareness and support colorectal cancer screenings for low-income, underinsured individuals.

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