Penn Community Bank is headquartered in DOYLESTOWN and is the 18th largest bank in the state of Pennsylvania. It is also the 433rd largest bank in the nation. It was established in 1922 and as of March of 2025, it had grown to 298 employees at 22 locations. Penn Community Bank's money market rates are 8X the national average, and it boasts an A+ health rating.
Gotcha Fees!
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.
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 30401 |
| Year Established | 1922 |
| Employees | 298 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.19% |
| Return on Equity - YTD | 1.84% |
| Annual Interest Income | $32MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $2.9B$2.9B |
| Loans | Q1 2025vs Q1 2024 | $1.98B$1.9B |
| Deposits | Q1 2025vs Q1 2024 | $2.3B$2.21B |
| Equity Capital | Q1 2025vs Q1 2024 | $301.3MM$283.6MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $18.6MM$17.3MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $2.8MM$1.2MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$31K |
