First Resource Bank of Chester County, PA – Making a Difference in Banking and the Community Named 2017 ‘Best Bank in Chester County’

May 8, 2018 4:30 pm Published by Comments Off on First Resource Bank of Chester County, PA – Making a Difference in Banking and the Community Named 2017 ‘Best Bank in Chester County’

 

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First Resource Bank of Chester County, PA –

Making a Difference in Banking and the Community

Named 2017 ‘Best Bank in Chester County’

Exton, PA – May 8, 2018First Resource Bank is a locally owned and operated Pennsylvania state-chartered bank with two full-service branches in Exton and West Chester, serving businesses, professionals, and individuals since 2005.

In 2017, readers of The Daily Local newspaper selected First Resource Bank as the 2017 Best Bank in Chester County.

“We are a friendly, approachable bank that believes in helping our clients succeed. We are also strong advocates for community support and involvement, and remain very active in that respect,” said Glenn B. Marshall, President and CEO of Frist Resource Bank. “We are proud of the services we provide to the community and our clients, and look to be the number one choice for banking in Chester County,” said Marshall.

Offering a full range of deposit and credit services at two convenient locations, First Resource Bank strongly believes in providing personal service from caring professionals.

First Resource Bank prides itself in being small business focused. While other banks focus on insurance and investments etc., First Resource focuses on being the best bank for small business. Moving money with checking and cash management products, holding money for growth in Money Markets and CD’s, and providing an incredible suite of lending products all designed for the small business owner, is at the core of what First Resource does best. To date, the bank has made over $581 million dollars in loans to local community businesses, providing financial opportunity and creating jobs.

Services unique to First Resource Bank include:

  • The First Resource Account Holder Network (FRAN), an exciting free service designed to take your business to the next level. This special program helps drive new clients and strategic partnerships right to the doorstep of First Resource Bank’s participating business customers. FRAN allows the business clients of the bank to actually train the bankers on how to find referrals for the clients. The bank allows its clients to use some of its resources like conference rooms, WIFI, free coffee and soda bars, and tables to display the clients’ business cards.
  • Free Cash Management Services, an electronic network for financial transactions. At First Resource Bank, you can utilize electronic money moving products which normally can cost hundreds of dollars per year, all for free. This allows customers to do their banking from the office or home. Some of the free services include Automated Clearing House (ACH), remote deposit capture- First Resource Easy Deposit (FRED), and mobile deposit.
  • No minimum balance requirements or transaction fees. Unlike other banks, First Resource Bank doesn’t nickel and dime customers with additional fees. The bank does not require a “minimum balance” on transactional account(s), and no additional fees for transactions. Certificates of Deposit require a $500.00 minimum balance.

Deep Community Commitment

First Resource Bank has a deep commitment to supporting its surrounding towns and neighbors. The First Resource Team is proud to be a community bank that believes in providing exceptional service, managing clients’ banking needs responsibly, and treating clients with respect.

First Resource Bank has made a personal touch on the community and the people it serves. Over the last seven years, the bank has doubled in size – employing over 40 bankers – and donated over $1.1 million to local schools, organizations, and community groups. First Resource Bank also proudly supports Veterans, by offering the very best in banking services and products as well as multiple special loan and deposit rate offers.

Shareholder Commitment

First Resource was recently named to the 2018 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year. The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year.  First Resource has achieved this honor in 3 of the last 4 years.

“Our focus on growing shareholder value was rewarded with First Resource Bank being ranked #11 in the OTCQX Best 50 ranking due to strong stock price appreciation and improved liquidity in our common stock in 2017”, said Glenn B. Marshall, President & CEO.

For more information on First Resource Bank, please visit www.FirstResourceBank.com.

 

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About First Resource Bank

 

First Resource Bank is a locally owned and operated Pennsylvania state-chartered bank, serving the banking needs of businesses, professionals and individuals in Chester County, Pennsylvania. The Bank offers a full range of deposit and credit services with a high level of personalized service. First Resource Bank also offers a broad range of traditional financial services and products, competitively priced and delivered in a responsive manner to small businesses, professionals and residents in the local market. In 2017, The Daily Local Reader’s Choice named First Resource Bank the ‘Best Bank in Chester County’. For additional information visit our website at www.firstresourcebank.com. Member FDIC.


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This post was written by Meridith McCarty

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