QNB Bank
| Company type | Private |
|---|---|
| Industry | Banking, Financial services |
| Founded | 1877 |
| Headquarters | Quakertown , United States |
Area served | Bucks County, Montgomery County, Lehigh County, Pennsylvania |
Key people | David W. Freeman (President) |
| Products | Retail banking, Commercial banking, Investment advisory, Securities services, Insurance |
QNB Bank, with its main office located in Quakertown, Pennsylvania, maintains a network of 12 branches serving Bucks, Montgomery, and Lehigh counties. As reported on September 30, 2022, the bank's total assets surpass $1.6 billion.
History
Established in 1877 under the name The Quakertown National Bank, the institution shifted from a national charter to a state charter in 2008, which led to its renaming as QNB Bank. Throughout its extensive 147-year existence, the bank has been led by just seven presidents.
Presidents
- Dr. Joseph G. Thomas (1877–1908)
- Charles C. Haring (1909–1934)
- Hercules H. Reinhart (1934–1943)
- Dr. Calvin W. Moyer (1943–1966)
- Philip D. Miller (1966–1985)
- Thomas J. Bisko (1985–2010)
- David W. Freeman (2010–Present)
Operations
QNB Bank delivers a full range of retail and commercial banking solutions. Investment advisory and securities services are provided through LPL Financial (LPL), a registered broker-dealer and investment advisor (Member FINRA / SIPC). Insurance offerings come either from LPL or its authorized affiliates. Neither QNB Bank nor QNB Financial Services (QNBFS) hold registration as broker-dealers or investment advisors. Representatives registered with LPL distribute products and services via QNBFS and may also be employees of QNB Bank. These financial services are supplied by LPL or affiliated entities that operate independently from both QNB Bank and QNBFS. It is important to note that securities and insurance products sold through LPL or its affiliates are not insured by the FDIC, do not carry bank guarantees, are not deposits or obligations of the bank, and their value may fluctuate.