Penn Community Bank Commits $35,000 to Delaware Valley University Students
Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, has announced a $35,000 commitment to Delaware Valley University, aimed at supporting student success and addressing technology needs. The majority of the funds ($25,000) will provide scholarships to low to moderate-income students across all majors, helping to alleviate financial barriers to higher education. Additionally, a second gift ($10,000) will support the purchase and maintenance of laptops that will be available for students with unmet technology needs to loan free of charge.
"At Penn Community Bank, we believe in investing in the future of our community. By supporting Delaware Valley University students, we're not just helping individuals; we're strengthening the foundation of our entire region,” said Jeane M. Vidoni, president and CEO of Penn Community Bank. “We're proud to play a role in empowering the next generation of leaders and professionals."
"We are deeply appreciative of Penn Community Bank's generous contribution,” said Joe Fiochetta, vice president of development and alumni affairs at DelVal. This funding will make a significant impact on our students' lives, providing both financial assistance and essential technology resources. It's partnerships like these that help us ensure all students have the opportunity to succeed."
Community development is at the heart of Penn Community Bank's mission. Through authentic corporate social responsibility initiatives like this partnership with DelVal, the bank continues to demonstrate its commitment to building thriving communities. By addressing critical needs in education and technology access, Penn Community Bank is helping to create a more equitable and prosperous future for all members of the community.
About Penn Community Bank
Penn Community Bank holds more than $2.9 billion in assets, employs more than 300 people, and offers banking and lending services at financial centers throughout southeastern Pennsylvania. As an independent, mutual financial institution, Penn Community Bank is not publicly traded and operates with its long-term mission in mind: to help businesses grow and prosper, to provide financial resources to individuals and families throughout their lifetimes, to strengthen the local economy, and to partner with local organizations to act as a catalyst for positive growth in every market it serves.
