Penn Community Bank VP to Share Business Advice with Bucks County Entrepreneurs

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Sharing financial expertise with local business owners and residents reflects Penn Community Bank’s mission

Bob Latshaw, Penn Community Bank’s Vice President of Commercial Lending

Entrepreneurs are the lifeblood of today’s economy; every successful company is built on an idea that meets a market need.

Starting a small business has never been easier, but succeeding in business over the long-term takes more than a website and an idea. Fortunately, the U.S. Small Business Administration has a wealth of experience nurturing business success – and Penn Community Bank is happy to join the SBA in sharing that expertise with Bucks County entrepreneurs.

Penn Community Bank, Bucks County’s leading independent, mutual financial organization, is participating in “Business Smart” workshops hosted by the U.S. Small Business Administration’s Eastern Pennsylvania office. The first was held March 31 at Bucks County Community College’s Upper Bucks Campus in Perkasie. The session was such a success that a second was held on April 14 and a third has been scheduled for April 28. The sessions are designed to help aspiring local entrepreneurs access the help they need to turn their ideas into viable businesses.

Bob Latshaw, Penn Community Bank’s Vice President of Commercial Lending, is presenting as part of the workshop, which is free to the public. Joining Latshaw on the panel are SBA economic development specialist Sonia Smith; Rob Mineo of Lehigh University’s Small Business Development Center; CareerLink Bucks County facilitator Madaline Diane; Emily Stull, project coordinator with The Rising Tide community loan fund; and representatives from the business counseling agency SCORE Bucks County.

“Entrepreneurs are the lifeblood of today’s economy; every successful company is built on an idea that meets a market need,” said Latshaw. “Helping aspiring small business owners create their roadmap to success is a key part of what we do at Penn Community Bank. Our commercial lending experts help business owners with the funding they need and also offer the expert guidance that entrepreneurs need to keep that business open and thriving for years to come.”

Participating in financial educational events such as the “Business Smart” workshop reflects the philosophy at the heart of Penn Community Bank’s mission, said President and CEO Jeane M. Coyle.

“Penn Community Bank exists to help local residents, business owners and nonprofits achieve their financial goals, and to value people as much as we do profits,” said Coyle. “Supporting these types of business programs is an important part of our commitment to serving as an expert resource for local business owners.”

Formed in 2015 by the unification of First Savings Bank of Perkasie and First Federal of Bucks County, Penn Community Bank is Bucks County’s leading independent, mutual financial organization. With more than $1.8 billion in assets, it offers expert financial advice and a complete range of banking, insurance and investment products and services to meet the needs of individuals, families and businesses throughout their lifetimes.

To register for the April 28 seminar, online pre-registration is requested at http://bizsmartworkshopapril14-2016.eventbrite.com to ensure a seat and adequate materials. Interested participants also may contact PA CareerLink Bucks County at 215-258-7757 for additional information.

About Penn Community Bank: Created in 2015 by the unification of long-standing community banks First Federal of Bucks County and First Savings Bank of Perkasie, 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.

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