Reliance Bank is headquartered in ALTOONA and is the 62nd largest bank in the state of Pennsylvania. It is also the 1,397th largest bank in the nation. It was established in 1939 and as of March of 2023, it had grown to 83 employees at 9 locations. Reliance Bank has an A health rating.
At Reliance, you always feel welcome to just walk in and ask a real person a question. I feel like I know the people that work there and we often just end up chatting about 'stuff' besides my banking needs (the kids, work, this year's must-have xmas gift). While they may not have the "best" rates out there, they make up for it with the personal feel and that means a lot for me.
The State College branch of this bank has new management and it is no longer the friendly place that it used to be. It used to be a very friendly place, but that has changed.
After being with them for ~15 years, they are now messing up. Just found out my homeowner's insurance was canceled since they "forgot" to pay it. This is UNACCEPTABLE. I will now be managing my escrow myself. What a crock.
only certain counties in PA-check site
|FDIC Certificate #||30117|
|Return on Assets - YTD||0.52%|
|Return on Equity - YTD||5.37%|
|Annual Interest Income||$6.1MM|
|Assets and Liabilities|
|Assets||Q1 2023vs Q1 2022||$647.7MM$643.9MM|
|Loans||Q1 2023vs Q1 2022||$413.5MM$365.7MM|
|Deposits||Q1 2023vs Q1 2022||$512.4MM$514.1MM|
|Equity Capital||Q1 2023vs Q1 2022||$63.2MM$63.3MM|
|Loan Loss Allowance||Q1 2023vs Q1 2022||$4.3MM$5.4MM|
|Unbacked Noncurrent Loans||Q1 2023vs Q1 2022||$615.00K$2.1MM|
|Real Estate Owned||Q1 2023vs Q1 2022||$0$306.00K|
Rates for Reliance Bank are currently being reviewed.
|Reliance Bank Locations|
|North Atherton Branch||100 Hawbaker Industrial Drive||State College, PA 16803|
|Reliance Savings Bank||1119 12th St||Altoona, PA 16601|
|Meadows Branch||1254 Plank Rd||Duncansville, PA 16635|
|17th Street Branch||1921 Pleasant Valley Boulevard||Altoona, PA 16602|
|Plank Road Branch||226 W Plank Road||Altoona, PA 16602|
|Lakemont Branch||401 S. Logan Blvd||Altoona, PA 16602|
|Tyrone Branch||916 Pennsylvania Ave||Tyrone, PA 16686|
|Martinsburg Office Branch||3918 Cove Mountain Road||Martinsburg, PA 16662|