QNB Bank explained

QNB Bank
Type:Banking and Finance
Foundation:1877
Location City:Quakertown, Pennsylvania
Locations:12
Key People:David W. Freeman, President/CEO
Num Employees:200+
Parent:QNB Corp.
Homepage:www.qnbbank.com

QNB Bank, also known simply as QNB, is an independent bank headquartered in Quakertown, Pennsylvania. There are currently 12 locations serving Bucks, Montgomery, and Lehigh counties in Pennsylvania. As of September 30, 2022, the Bank's total assets are over $1.6 billion.[1]

History

QNB was founded in 1877 as The Quakertown National Bank. In 2008, the Bank converted from a National Bank to a State Bank. As the Bank no longer held a national charter, it rebranded and changed its name to QNB Bank. Throughout the Bank's 147-year history, only seven presidents have served.[2]

Presidents

Operations

QNB Bank offers full-service commercial and retail banking services. In addition, securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (Member FINRA / SIPC.) Insurance products are offered through LPL or its licensed affiliates. QNB Bank and QNB Financial Services (QNBFS) are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using QNBFS, and may also be employees of QNB Bank. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, QNB Bank or QNBFS. Securities and insurance offered through LPL or its affiliates are: Not Insured by FDIC or Any Other Government Agency, Not Bank Guaranteed, Not Bank Deposits or Obligations, and May Lose Value.

Notes and References

  1. Web site: QNB Corp. Reports Earnings for Second Quarter 2020.
  2. Web site: QNB History -. qnbbank.com. 5 October 2014. https://web.archive.org/web/20141007004137/http://www.qnbbank.com/2690/mirror/our-history.htm. 7 October 2014. dead.
  3. Book: . A Genealogical and Personal History of Bucks County, Pennsylvania . 1975 . Genealogical Publishing Com . 224 . 0806306416 .
  4. Book: Poster, Carolyn E. . 2002 . Quakertown . . 122 . 0738510998 .
  5. News: Quakertown National Names New President. August 21, 1985. The Morning Call. Tribune Company. 12 September 2014.
  6. News: QNB Bank CEO Bisko retiring, Freeman to be in charge. September 21, 2012. Philadelphia Business Journal. American City Business Journals. 12 September 2014.
  7. News: Freeman Joins QNB Bank as President/Chief Operating Officer. September 8, 2010. PR Newswire. 12 September 2014.