Easton Bank And Trust

What's New in Local Business, June 21

Fox Chase Bank will hold free shredding events from 9 a.m. to 1 p.m. June 25 at its Hatboro and Rhawn Street, Philadelphia, locations. The event is open to the public. Document shredding will be performed by Shred One Security Corp. www.foxchasebank.com . Eco-merica Inc., which provides renewable energy design and installation services for commercial and residential building projects, has opened a retail showroom at 375 York Road in Warminster. The showroom includes solar electric and geothermal heating and cooling systems, insulation services, energy-efficient windows, LED lighting and other products. Jake's Wayback Burgers will celebrate the first day of summer today with free strawberry lemonade milkshakes. Jake's has a location on Easton Road in Upper Moreland. www.waybackburgers.com Information about the Pennsylvania Real Estate Investment Trust's 40 shopping centers, including Willow Grove Park mall, can now be accessed through a free iPhone application. The application will allow customers to choose the PREIT mall closest to them, search store directories and access information on sales, promotions and dining. The app can be downloaded on Apple's iTunes; it soon will be available for Android and Blackberry users, as well.

Why does Tom Petro, CEO of Fox Chase Bank continue to employ a liar on his company Board? Roger H Ballou is that person and he was caught on-record lying to CDI Corporation shareholders when he was CEO of that company. Petro is now fully aware of the history of Ballou but continues to employ him. Read the facts at http://www.cdicorp.info/foxchasebank.

Easton Bank & Trust — Reveries

“We have nothing at all as a competitive advantage other than our service and our people and their ability to identify needs and create solutions,” says R. Michael S. Menzies, president of Easton Bank & Trust, in a New York Times article by Ron Lieber (7/21/08). Easton is a community bank, a distinction that is immediately evident in its lobby, where you will find “an old-fashioned popcorn machine, magazines for the children and work from local artists on display.” The bank’s vault is in clear view “and the tellers do not sit behind glass partitions.” Michael wears pinstripe suits and wears black wingtip shoes, but his office door is always open.

More important, he has written about $10 million in loans to locals who couldn’t get them elsewhere based on nothing more than his personal knowledge of the borrowers. “These are loans with challenged credit, but where we know why the credit is challenged,” says Michael. “Health, divorce, a lost job. Stuff happens. But we know the people, we know they’re honest and we know the families.” In some cases these loans are made to younger people “who have a huge amount of credit card debt.” The loans do come with tight conditions, “including no new card debt.” Michael says he makes these loans with confidence for one simple reason: “If you miss a beat, I’ll call your mother,” he says.

He’s not really joking because the bank’s community — Easton, Maryland — is the kind of town where everybody knows everybody. He says the small-town culture helps explain why he’s suffered very few bad debts over the past 15 years. Michael also makes his bank “relevant” to younger people via a “rewards checking account that pays a whopping 4.49 annual percentage yield on balances up to $25,000.” But the main thing is his personal commitment: “The first loss we take here is my personal loss,” he says. “It’s my personal equity in the bank, my personal reputation in a community I’ve lived in most of my life. I’m not just dealing with other people’s money, so it’s a whole different level of responsibility.

Pennsylvania, birthplace of banking in America

EASTON NATIONAL BANK AND TRUST COMPANY, Centre Square and South Third Street, Easton— Resources $137302506; 7 branches; 190 employees: President William F. ...

Trust companies of the United States

First Calumet Trust & Savings Bank 68 EASTON. PA. Easton Trust Co., The 255 Northampton Trust Co 255 EAST ORANGE, NJ Essex County Trust Co 170 Savings, ...

Ward's business directory of U.S. private and public companies

... В Hendry Jr M and I Central Bank and Trust— Stove Bank of Willits— Richard ... Easton Bank and Trust Co — Micheal Menzies Sr I County Bank rat Bank Inc ...

Thomson bank directory

US: TX-Eastland.. ..US: OK-Newkirk.. Easthampton Savings Bank Eastland National Bank The Eastman National Bank Easton Bank and Trust Company US: MD-Easton . ...

Proceedings of the ... annual convention of the American Bankers' Association

Easton Easton National Bank. Easton Trust Co. First National Bank. Northampton Nat. Bank. Ebensburg .American National Bank. " First National Bank. ...