Community Bank (PA) is headquartered in Carmichaels and is the 27th largest bank in the state of Pennsylvania. It is also the 624th largest bank in the nation. It was established in 1901 and as of December of 2019, it had grown to 266 employees at 26 locations. Community Bank (PA) has an A health rating.
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Great Bank For Small/Medium Size Business
I used a top 10 sized bank for 15 years only to learn that they could care less about my very healthy business.
My CPA suggested that I use a strong local bank with easy access to senior/executive management when I needed it for strategic products to grow my business. It was the one of the best recommendations I have ever received. The personal service, the attention to detail on my transactions and the swift turnaround when needed on any issues.
Community cares about my $20M business account, where the big banks treat me like a retail client carrying a $1000 in my account on a monthly basis without a single clue about my business.
I now know what it means to have a Community Bank working with me as a partner versus just being an account number.
3 Stars - Decent "Old School" Bank
Community bank is a fine bank for regular checking. They have low fees and wont charge you every day your account is in the red like many other banks will. Their online banking is ancient and not accessible via mobile browser. They lack any type of mobile banking. Overall I was mostly satisfied with their customer service, but their technology lacks which lead me to go to another bank that accepts instant check deposits at the atm, mobile deposit and reliable online banking.
Worst Bank Ever
Extremely unhappy that community bank took over progressive bank in West Virginia. Since the change the online and mobile service has been terrible. My online banking has never worked. And my card gets declined randomly. The service lines are only available until 5 on weekdays which does not service those of us that have a full time job and does not help when my card gets randomly declined after hours.
Switching banks as soon as possible.
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 7848 |
| Year Established | 1901 |
| Employees | 266 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.08% |
| Return on Equity - YTD | 10.1% |
| Annual Interest Income | $51.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $1.32B$1.28B |
| Loans | Q4 2019vs Q4 2018 | $942.6MM$903.3MM |
| Deposits | Q4 2019vs Q4 2018 | $1.12B$1.09B |
| Equity Capital | Q4 2019vs Q4 2018 | $142.2MM$134.2MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $9.9MM$9.6MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $3.1MM$3.6MM |
| Real Estate Owned | Q4 2019vs Q4 2018 | $232.00K$917.00K |
