Susquehanna Bank operates in Mid-Atlantic region with over 300 office locations. Based in Lititz, PA, the bank provides an array of financial services in four US states – Pennsylvania, Maryland, New Jersey, and West Virginia. The diverse range of products and services available here include consumer & business banking, wealth management, insurance solutions, mortgages & loans, and vehicle leasing. With an asset value of nearly $15 billion, the bank ranks among the top 100 banks of the US.
The retail banking solutions at Susquehanna include checking & savings accounts, money market, CDs, IRAs, and investment management. The bank also offers mortgage and other lending solutions at competitive rates. One can also find here refinancing and reverse mortgage solutions. Most of the services are available online also and it is easy to locate an internet banker using its online resources. Under wealth management, the bank offers brokerage services, investment management, insurance services, retirement plan, trust services, and private banking.
Susquehanna Bank was established in 1901 under the name Farmers First National Bank. Over the years it has gone through several mergers and acquisitions, sometimes prompting it to bring a change in the name of the merged entity. It first changed its name to Farmers First Bank in 1974, then Susquehanna Bank PA in 2004, and finally to the present name Susquehanna Bank in 2008. The present name was adopted soon after its merger with Susquehanna Bank based in Hagerstown, Maryland in 2008. Since then it has acquired two more banks in Pennsylvania – Abington Savings Bank in 2011 and Graystone Tower Bank in 2012.
|Bank Name||Susquehanna Bank|
|Year of Establishment||09-01-01|
|FDIC Insured Since||01-01-34|
|FDIC Certificate No||7579|
|Number of Branches||265 domestic + 0 foreign|
|Number of ATMs|
|Number of Employees||2,456|
|Number of States Served||4 States|
|Services Offered (Available Accounts)||Checking, Savings, CDs, IRAs,|
|Mobile and Online Banking||Account Balance, Bill Pay, Statements, Mobile Banking,|
|Assets (June 30, 2014)||18,317,709|
|Deposits (June 30, 2014)||13,337,950|
|Equity Capital (June 30, 2014)||2,756,709|
|Net Income (June 30, 2014)||44,578|
|Primary Federal Regulator||Federal Reserve Board (FRB)|
|Address||9 East Main Street, Lititz, PA 17543|
(Courtesy: FDIC as on June 30, 2014)