Mifflintown, PA – The First National Bank of Mifflintown (FNBM) announced today that they have applied to convert from a National to a State-chartered bank. The charter conversion also comes in conjunction with a name change. Effective June 30, 2017, they will be known as Pennian Bank.
“Throughout our over 150 year history, we have continued to evolve to serve the changing needs of our community,” said Scott Fritz, President and CEO of FNBM. “There are strategic growth opportunities that can best be accomplished by making the move from a National to State charter, which will allow us to better serve our customers.”
The new name is not a result of FNBM being bought or merging with another institution. In fact, some of the reason for the name change is to help alleviate some brand confusion in the local market.
“For some time, we have been increasingly confused with First National Bank of Pennsylvania,” says Fritz. “We had this wonderful opportunity to change our name along with the charter. Pennian is a strong, unique name that gives a nod to our Pennsylvania roots and will set us apart from other banks in our market and beyond.”
Though the bank name is changing, the holding company First Community Financial Corporation will remain the same. The change will not affect normal business operations and all customer account information will remain the same.
“We are making this change as seamless as possible,” says Heather Palm, Director of Marketing and Business Services. “The only change people will see is the new name and logo. The familiar faces and service that our customers have come to expect will still be a cornerstone of our institution.”
Customers can look for the new name and logo on their communications and throughout the inside and outside of the buildings beginning June 30, 2017. Staff will be readily available to answer questions during the transition.
“This is an exciting time for us,” says Fritz. “We look forward to stepping confidently into the future as we remain well-positioned for the next 150 years as an independent, community bank.”
Pennian Bank operates 11 offices serving Juniata, Perry, and surrounding counties. For additional information, please visit www.pennianbank.com.