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Jonestown Bank & Trust Co. history
Jonestown Bank & Trust Co. company history timeline
From our beginnings in 1873 to the present day, our goal has remained the same.
So by 1873, our founding fathers organized the Jonestown Bank.
The first stock certificate was issued to Daniel Yerger – 10 shares in 1873.
By 1880, the room had gotten too small and they moved across the square to the Heilman Hotel where the ABC Laundromat is currently located.
The bank’s first location was torn down and the Jonestown Borough Hall was built in its place in 1915.
A new charter enabled the bank to do fiduciary business and changed the name to the Jonestown Bank and Trust Company, issued May 10, 1928.
On April 2, 1931, the first bank robbery of Lebanon County took place at the Jonestown Bank in the square.
The bank bought the property in 1934, tore down the house along with the reformed church parsonage occupied by Rev.
In 1934 the capital was $120,000, surplus $300,000, undivided profits were $108,769.54.
1934 Board of Directors Jacob K. Light, Paul D. Reich, John A. Schock, Isaac Deck, George A. Speck, H. Ross Rank, Raymond J. Emrich, Alfred J. Wolfe 1934 Officers Jacob.
In 1955, a first addition was built for $60,000.
In 1957, they added a drive-in window on the corner of Market and Lancaster Streets.
Then the bank bought the reformed parsonage for $15,000 and the Earnest property in 1969 for $7,250.
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Jonestown Bank & Trust Co. competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Wakefield Co-operative Bank | 1887 | $11.0M | 45 | - |
| Mid Penn Bank | 1868 | $41.2M | 438 | 90 |
| MutualBank | 1889 | $110.3M | 461 | 12 |
| Centric Bank | 2007 | $26.8M | 20 | - |
| F&M Trust | 1906 | $61.0M | 10 | 19 |
| RIVERVIEW FINANCIAL | 1900 | $54.8M | 350 | - |
| Merchants Bank NA | - | $190.0M | 50 | - |
| NewAlliance Bank | 1838 | $46.4M | - | - |
| Southern Bank and Trust Company | 1901 | $230.0M | 750 | 35 |
| Sunflower Bank | 1892 | $150.0M | 499 | 87 |
Jonestown Bank & Trust Co. history FAQs
Zippia gives an in-depth look into the details of Jonestown Bank & Trust Co., including salaries, political affiliations, employee data, and more, in order to inform job seekers about Jonestown Bank & Trust Co.. The employee data is based on information from people who have self-reported their past or current employments at Jonestown Bank & Trust Co.. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Jonestown Bank & Trust Co.. The data presented on this page does not represent the view of Jonestown Bank & Trust Co. and its employees or that of Zippia.
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