QNB Bank

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 July 28, 2020, the Bank's total assets are over $1.3 billion.[1]

For the bank in Qatar, see QNB Group.
QNB Bank
TypeBanking and Finance
Founded1877
Headquarters
Quakertown, Pennsylvania
Number of locations
12
Key people
David W. Freeman, President/CEO
Number of employees
200+
ParentQNB Corp.
Websitewww.qnbbank.com

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 143-year history, only seven presidents have served.[2]

Presidents
  • Dr. Joseph G. Thomas (1877–1909)[3][4]
  • Charles C. Haring (1909–1934)
  • Hercules H. Reinhart (1934–1943)
  • Dr. Calvin W. Moyer (1943–1966)
  • Philip D. Miller (1966–1985)[5]
  • Thomas J. Bisko (1985–2010)[6]
  • David W. Freeman (2010–Present)[7]

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.

References
  1. https://www.prnewswire.com/news-releases/qnb-corp-reports-earnings-for-second-quarter-2020-301101618.html
  2. "QNB History -". qnbbank.com. Archived from the original on 7 October 2014. Retrieved 5 October 2014.
  3. A Genealogical and Personal History of Bucks County, Pennsylvania. Genealogical Publishing Com. p. 224. ISBN 0806306416.
  4. Poster, Carolyn E. (2002). Quakertown. Arcadia Publishing. p. 122. ISBN 0738510998.
  5. "Quakertown National Names New President". The Morning Call. Tribune Company. August 21, 1985. Retrieved 12 September 2014.
  6. "QNB Bank CEO Bisko retiring, Freeman to be in charge". Philadelphia Business Journal. American City Business Journals. September 21, 2012. Retrieved 12 September 2014.
  7. "Freeman Joins QNB Bank as President/Chief Operating Officer". PR Newswire. September 8, 2010. Retrieved 12 September 2014.
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