Penns Woods Bancorp

Penns Woods Bancorp is a bank holding company headquartered in Williamsport, Pennsylvania. It was founded in 1934 and is publicly traded on the NASDAQ under the ticker symbol PWOD. The company operates through its subsidiary, Jersey Shore State Bank, and provides a range of banking and financial services to individuals and businesses in central Pennsylvania.
The bank offers personal and commercial checking and savings accounts, mortgages, consumer loans, business loans, and investment services. It also provides online and mobile banking options for its customers.
Penns Woods Bancorp has a strong commitment to serving its local community through various initiatives and partnerships with local organizations. It also has a consistent record of financial stability and sound management, with a focus on providing excellent customer service.
The company has received several accolades, including being named one of the Top Workplaces in Pennsylvania by the Philadelphia Inquirer and being recognized as one of the top performing banks in the country by American Banker Magazine.
Penns Woods Bancorp continues to expand its services and reach, with a growing network of branches and ATMs throughout central Pennsylvania.

1. Long History: Penns Woods Bancorp was founded in 1864 and has been in operation for over 150 years. This longevity speaks to the stability and success of the company.
2. Strong Financial Performance: The company has consistently reported strong financial results, with steady growth in assets, deposits, and earnings over the years.
3. Focus on Community Banking: Penns Woods Bancorp is a holding company for a network of community banks in rural Pennsylvania. They are committed to providing personalized and high-quality banking services to their local communities.
4. Customer Oriented: The company prides itself on its customer-centric approach, with a focus on building long-term relationships with its clients and providing them with personalized financial solutions.
5. Emphasis on Technology: Despite being a community bank, Penns Woods Bancorp has embraced technology and invests in innovative solutions to enhance customer experience and increase efficiency.
6. Strong Corporate Culture: The company values its employees and fosters a positive corporate culture through various training and development programs, employee recognition programs, and work-life balance initiatives.
7. Socially Responsible: Penns Woods Bancorp is committed to giving back to the community and supports local organizations and charities through donations and volunteer work.
8. Strong Governance: The company has a well-structured governance system that ensures transparency, accountability, and ethical conduct in all its operations.
9. Growth through Acquisitions: Penns Woods Bancorp has grown its operations through strategic acquisitions of other community banks, expanding their reach and customer base.
10. Strong Stock Performance: The company’s stock has consistently outperformed its peers and the market as a whole, making it a top choice for investors.

The Penns Woods Bancorp company’s business model is centered around community banking. They provide a range of financial services and products, including traditional banking services, investment management, insurance, and trust services. Their goal is to serve the needs of their local communities and to build long-term relationships with their customers. They also strive to maintain a strong financial position and to support their local economy through responsible lending practices. The company focuses on organic growth and strategic acquisitions to expand their reach and services. They also place a strong emphasis on customer service and technological advancements to improve the overall banking experience.

1. The company was founded in 1935 by a group of farmers in Montoursville, Pennsylvania who saw the need for better banking services in their community.
2. The original name of the company was the First National Bank of Jersey Shore, and its main purpose was to provide farmers with loans and deposit services.
3. In the 1990s, the company underwent a series of mergers and acquisitions, including the acquisition of Delmar Bancorp in 1997, which expanded its presence in the central Pennsylvania region.
4. Penns Woods Bancorp is a publicly traded company and is listed on the NASDAQ stock exchange under the ticker symbol PWOD.
5. The company has a strong focus on community involvement and has been recognized for its contributions to local charities and organizations.
6. Penns Woods Bancorp has a subsidiary called Penns Woods Bancorp Insurance, which provides a range of insurance services including personal, commercial, and life insurance.
7. The company has over 27 banking locations across central Pennsylvania and assets of over $1 billion.
8. In 2019, Penns Woods Bancorp received the prestigious Raymond James Community Bankers Cup, awarded to the top 10% of community banks nationwide based on profitability, operational efficiency, and growth.
9. Penns Woods Bancorp has been recognized by Forbes as one of America’s best banks for five consecutive years (2017-2021).
10. The company’s logo, the tree, represents the strong roots and stability of the company, as well as its commitment to growth and sustainability.