Advertising Disclosure
  1. Banks
  2. Penn Community Bank

Penn Community Bank


Overview / Commentary
www.penncommunitybank.com
215-257-5035
3969 Durham Rd
Doylestown, PA 18902

Penn Community Bank is headquartered in Doylestown and is the 18th largest bank in the state of Pennsylvania. It is also the 428th largest bank in the nation. It was established in 1922 and as of June of 2022, it had grown to 306 employees at 21 locations. Penn Community Bank has an A+ health rating.

Reviews (1)

Gotcha Fees!

Posted by: |

I received a letter on the 30th of December notifying me that my account was currently in inactive status and that I needed to make a deposit to return it to active status.
I tried to make a deposit using the mobile app but it was rejected. I called the bank on January 3rd to get help to make the deposit and was informed that I could not because the account was inactive and that I had to mail or come to the bank to make the deposit.
I was not notified by mail or the weekly text sent with the account balance that I would be charged an inactivity fee of $5.00.
The bank teller said that they usually send three letters before changing the status and charging the fee, but I didn't get any warning. The only letter received said that it was currently in inactive status and didn't mention anything about a fee charged.
I feel that this was a deceptive practice and was only used in an attempt the generate fees. This is not a good business tactic or good customer support. One would expect that the fee would be waived to a good customer with a credit rating in the 800's.

1


Health
A+

Data as of Q2 2022

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #30401
Year Established1922
Employees306
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.8%
Return on Equity - YTD7.24%
Annual Interest Income$39.8MM
Assets and Liabilities
AssetsQ2 2022vs Q2 2021$2.63B$2.69B
LoansQ2 2022vs Q2 2021$1.61B$1.52B
DepositsQ2 2022vs Q2 2021$2.25B$2.08B
Equity CapitalQ2 2022vs Q2 2021$270.1MM$320.6MM
Loan Loss AllowanceQ2 2022vs Q2 2021$17.3MM$16.7MM
Unbacked Noncurrent LoansQ2 2022vs Q2 2021$1.5MM$1.9MM
Real Estate OwnedQ2 2022vs Q2 2021$0$0
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Penn Community Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Penn Community Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%--Common Cents Savings
0.05%$100-Statement Savings
0.05%$25-Junior Statement
0.05%$25-IRA Statement Savings
0.03%$500-Business Savings
0.03%$500-Commercial Business Savings

Penn Community Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$25k*-Ultra Money Market
OTHER TIERS: 0.10% → $1k - $25k
0.10%--Business Money Market
0.10%$1k-Money Market
0.10%--Commercial Business Money Market

Penn Community Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.03%--Professional Business Checking
0.03%--Commercial Professional Business Checking
0.03%--Relationship Checking

Penn Community Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%$500-60 Month CD
1.00%$500-24 Month CD
1.00%$500-30 Month CD
1.00%$500-36 Month CD
1.00%$500-48 Month CD
0.85%$500-18 Month CD
0.75%$500-12 Month CD
0.65%$500-6 Month CD
0.55%$500-91 Day CD

Penn Community Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%$500-60 Month IRA
1.00%$500-36 Month IRA
1.00%$500-48 Month IRA
1.00%$500-24 Month IRA
1.00%$500-30 Month IRA
0.85%$500-18 Month Fixed IRA
0.75%$500-12 Month IRA Time Deposit
Locations

Availability



The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.