MEMBERS’ CORNER

  • Bucks County Bank Hires Susan Okun
  • Federal Reserve Bank of Philadelphia Appoints Penn Community Bank CEO to Advisory Council

Bucks County Bank Hires Susan Okun

Bucks County Bank welcomes Susan Okun of Buckingham, PA as Vice President and Commercial Lender. She will be responsible for expanding the Bank’s commercial loan portfolio. Ms. Okun has over 30 years of banking experience, ten of those years in a lending capacity. 

John Harding, Chairman, President and CEO of Bucks County Bank said, “We are pleased to welcome Susan to our team! Her banking experience and business connections will be an asset to both the Commercial and Retail Divisions of the Bank.”

Bucks County Bank offers comprehensive financial products for businesses, professionals and individuals. Bucks County Bank offices are located in Doylestown at 200 S. Main Street, in Warminster at 356 York Road, in Levittown near Five Points at 7203 New Falls Road, and in Bensalem at 2084 Street Road. 


Federal Reserve Bank of Philadelphia Appoints Penn Community Bank CEO to Advisory Council

The Federal Reserve Bank of Philadelphia has appointed Jeane M. Coyle, president and CEO of Penn Community Bank, to serve on its Community Depository Institutions Advisory Council (CDIAC).

Coyle joins four additional members also newly appointed to CDIAC: David J. Hanrahan, president and CEO of Capital Bank of New Jersey, Vineland, N.J.; Mark E. Huntley, president and CEO of Artisans’ Bank, Wilmington, Del.; Matthew P. Prosseda, president and CEO of First Keystone Community Bank in Berwick, Pa.;
J. Bradley Scovill, president and CEO of Citizens & Northern Corporation, Wellsboro, Pa. Each appointee will serve a three-year term beginning fall 2016. 

CDIAC is a 12-member council composed of representatives from commercial banks, thrift institutions, and credit unions. The council convenes twice a year with Philadelphia Federal Reserve officials to share insights on economic and business trends facing community depository institutions in their local markets. Subsequent to each local meeting, a representative from the Philadelphia council joins counterparts from other Federal Reserve Banks at a meeting hosted by the Federal Reserve Board of Governors in Washington, D.C.

As president and CEO of Penn Community Bank, Coyle guides the operations and growth of the independent, mutual financial organization that serves Bucks County and the surrounding greater Philadelphia and Lehigh Valley regions. She previously served in leadership roles at First Federal of Bucks County, Meridian Bancorp, Progress Bank, Harleysville National Bank, and Citizens Bank.

An active member of the Bucks County community, Coyle serves on the boards of directors of the Bucks County Opportunity Council and the United Way of Bucks County. She holds an MBA from Saint Joseph’s University and a bachelor’s degree in business administration from Muhlenberg College. A native of Allentown, Pennsylvania, she lives in Yardley, Bucks County.

About the Federal Reserve Bank of Philadelphia: The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank savings and loan holding companies, and provides financial services to depository institutions and the federal government. It is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. The Philadelphia Federal Reserve Bank serves eastern Pennsylvania, southern New Jersey, and Delaware.

About Penn Community Bank: Penn Community Bank holds more than $1.8 billion in assets and employs more than 300 people at 22 bank branches and two administrative centers throughout Bucks County. 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 support 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.