Draft:Wayne Bank
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| Submission declined on 14 May 2024 by Shadow311 (talk). This submission provides insufficient context for those unfamiliar with the subject matter. Please see the guide to writing better articles for information on how to better format your submission.
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| Company type | Subsidiary |
|---|---|
| Industry | Financial services |
| Founded | November 4, 1871 |
| Headquarters | , |
Area served | Pennsylvania |
Key people | James O. Donnelly (President) |
| Products | Banking services |
| Owner | Norwood Financial Corp[1] |
Number of employees | 300 (2021) |
| Website | wayne |
Wayne Bank is an American community bank based in Honesdale, Pennsylvania. It provides banking services to the local community and operates 29 community offices between Pennsylvania and New York.[2][3]
History
[edit]The bank opened its first location on November 4th, 1871 located in Honesdale, Pennsylvania.[4] In 1875 it moved its corporate office to 717 Mainstreet, Honesdale, PA.
In 1954 it acquired Waymart State Bank. In 2016 it acquired the National Bank of Delaware County.[5] In 1996, the bank created a holding company, Norwood Financial Corp. that was listed on the Nasdaq exchange as Nasdaq: NWFL . In 2020 Norwood Financial acquired Bank of the Finger Lakes in Geneva and Penn Yan, and the Bank of Cooperstown and these operate as Wayne Bank branches.[6]
The bank continued to grow and by 2021 it had 29 branches.[7]
References
[edit]- ^ "Wayne Bank Partners with the American Bankers Association for Lights, Camera, Save! Video Contest for Teens". Pocono Business Journal. May 8, 2024.
- ^ "Wayne Bank honored with Pillar of the Community award". Sullivan County Democrat. August 27, 2024.
- ^ "Wayne Bank Ranks Amongst Top Banks in Country". Market Screener. August 23, 2023.
- ^ "Wayne Bank History: Founding, Timeline, and Milestones - Zippia". 27 August 2020. Retrieved May 14, 2024.
- ^ Klukkert, Vicky (February 23, 2022). "Wayne Bank closure in Hamden leaves customers miffed". The Daily Star.
- ^ "Pennsylvania firm acquiring Bank of Finger Lakes". Finger Lakes Times. January 12, 2020.
- ^ Tomkavage, Robert (October 17, 2021). "Wayne Bank to celebrate 150th anniversary". The Times Tribune.
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