This month's membership spotlight features Wayne Bank which has 27 Community Offices serving Wayne, Pike, Monroe, Lackawanna, and Luzerne counties in Pennsylvania, along with Delaware and Sullivan counties in New York. Founded in 1871, the bank will celebrate 149 years of community banking in 2020.
We spoke to Derek Bellinger, Assistant Vice President and Mortgage Originator, to learn more about Wayne Bank.
Each year, Wayne Bank contributes to hundreds of organizations throughout Pennsylvania and New York. Bank employees are passionate about helping their communities through event participation and service to local charities. By supporting residents, businesses, schools, and charitable organizations, Wayne Bank is dedicated to reinvesting in the community and encouraging economic growth.
Regarding services, Wayne Bank offers a full line of products and services to meet the financial needs of consumers and businesses. Whether you are saving or spending, they offer everything from checking, savings, and certificate of deposit accounts to safe deposit box rentals and individual retirement accounts. If you're looking to buy or build a home, consolidate debt, fund education, start a home improvement project, or purchase a car or boat, Wayne Bank has a personal lending solution. They also specialize in serving local businesses and their team of lending professionals are ready to assist with their comprehensive line of commercial banking resources.
Wayne Bank employs more than 200 local people. Their experienced team of financial professionals are accessible, knowledgeable, and live in the communities they serve. Because of this, Wayne Bank employees are committed to helping their neighbors, local businesses, and hometown organizations grow and thrive. The bank is also committed to providing the most advanced, secure, and user-friendly technology, along with a knowledgeable staff and innovative tools to demonstrate how easy and accessible it is to use. This offers customers the convenience of banking from anywhere, combined with the comfort of personalized service from their local bank.
Bellinger went onto state, "Wayne Bank's membership with NEPA Alliance is beneficial in a number of ways. In everything we do, we aspire to help the community grow, and NEPA Alliance is an important partner in serving the needs of our business and non-profit customers. NEPA Alliance has assisted some of our business customers to partner with the US Small Business Administration. We have also referred some non-profit organizations to NEPA Alliance for advice, assistance, and help in finding additional potential resources to raise funds."
finances 40% of the project cost, up to $5.5 million, and takes a second lien position. The borrower then contributes a down payment of as little as 10%.
