Bruce Iacobucci Joining Penn Community Bank’s Board of Directors

DOYLESTOWN, Pa. (November 2017) - Penn Community Bank, the region’s leading independent, mutual financial organization, is proud to announce that Bruce Iacobucci is joining the Board of Directors. If the name sounds familiar, it should; until he retired in 2013, Iacobucci was president and CEO of First Federal of Bucks County, one of the two mutual banks that united to form Penn Community Bank in 2015.

Iacobucci knows intimately the advantages that being a mutual financial institution affords to Penn Community Bank and its customers, team members, and the community.

“To be able to add Bruce to the board of directors will be invaluable for Penn Community Bank,” said board chair Robert L. Byers. “His deep understanding of both the financial industry as a whole and the unique position of mutual banks is unsurpassed. We all will benefit greatly from his insight and expertise.”

Iacobucci enjoyed a 40-year career in banking before retiring in 2013. Jeane Vidoni Coyle took over the helm of First Federal that year, and, two years later, oversaw the formation of Penn Community Bank through a unification with First Savings Bank of Perkasie.

“Watching Penn Community Bank become Pennsylvania’s second largest mutual financial institution has been exciting, and I am eager to be a part of that future growth,” Iacobucci said. “I’m thrilled to be able to work with such great people as we continue to deliver the commercial lending, personal banking, insurance, and investment products and services that our customers need, from professional bankers who are a part of and responsive to our communities.”

In addition to Byers, the Penn Community Bank board of directors includes: Vice Chair William P. Larkin, Jr., E. Richard Aichele III, Peter H. Augenblick, Ross Choate, Jeane Vidoni Coyle, Cheri H. Freeh, Krista Pool Harper, W. Thomas Lomax, Jeffrey A. Naugle, Bruce Weed, and Mark Worthington.

About Penn Community: Penn Community Bank holds $2 billion in assets, employs more than 300 people, and offers banking, lending, insurance and investments at 24 bank branches and two administrative centers throughout Bucks and Montgomery Counties, Pennsylvania. As an independent, mutual financial institution, Penn Community Bank is not publicly traded and operates with its long-term mission in mind: to help businesses grow and prosper, to provide financial resources to individuals and families throughout their lifetimes, to strengthen the local economy, and to partner with local organizations to act as a catalyst for positive growth in every market it serves.