The Luzerne Bank is headquartered in LUZERNE and is the 55th largest bank in the state of Pennsylvania. It is also the 1,363rd largest bank in the nation. It was established in 1907 and as of December of 2024, it had grown to 65 employees at 8 locations. The Luzerne Bank has an A health rating.
Horrible Services
Worse bank ever they ruined my credit score. To log in to pay car note is a hassle. Auto is a hassle. Communication is horrible
Ghosted After Daily Emails
So we were working with them on a loan. When you go to their website, it's says Loan's, it's what we do. So ok, we didn't get approved for what we were looking for, but rather than call or email and tell us we were ghosted. Daily emails for almost 3 weeks and then NOTHING. Nothing at all. At least say there was nothing that can be done, or maybe suggest another option. Especially if loans are your thing, would we have been better suited for another type or something?!?! I guess we will never know because they said NOTHING. SUPER frustrating!!
Data as of Q4 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 7586 |
| Year Established | 1907 |
| Employees | 65 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.09% |
| Return on Equity - YTD | 11.26% |
| Annual Interest Income | $35MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2024vs Q4 2023 | $709.1MM$644.9MM |
| Loans | Q4 2024vs Q4 2023 | $536.2MM$524.4MM |
| Deposits | Q4 2024vs Q4 2023 | $562.8MM$488.7MM |
| Equity Capital | Q4 2024vs Q4 2023 | $69.3MM$64.9MM |
| Loan Loss Allowance | Q4 2024vs Q4 2023 | $2.2MM$1.9MM |
| Unbacked Noncurrent Loans | Q4 2024vs Q4 2023 | $1.1MM$829K |
| Real Estate Owned | Q4 2024vs Q4 2023 | $0$0 |