Linkbank files to open Camp Hill, Lancaster branches
Central Pennsylvania's newest bank is preparing to make its presence known.
The West Chester-based startup Linkbank has filed an application with the Pennsylvania Department of Banking and Securities to open two branches, one at 3045 Market St. in Camp Hill and the other at 2010 Fruitville Pike in Manheim Township.
Pending regulatory approval, the Camp Hill branch will open in late April and the Lancaster County branch will open in late May, according to Andrew Samuel, Linkbank’s chairman and CEO.
Linkbank plans to use the Camp Hill location for its new headquarters, Samuel said, while maintaining its branch in West Chester and its new branch in Lancaster County.
“We have a passion for Central Pennsylvania and believe there is a need for a community bank here,” he said.
Samuel added that the decision to move the bank’s headquarters is a practical one for him and his executive staff, as most of them already live in the Harrisburg area.
The bank purchased an office building in Camp Hill and work there is almost complete, Samuel said.
In Manheim Township, there is still more work that needs to be done at the location, once occupied by a branch of North Carolina-based Bank of America, he said.
Samuel, a veteran banker in the midstate, said he began the process of starting Linkbank a year ago.
In 2018, the bank purchased the West Chester-based Stonebridge Financial Corp. and its subsidiary, Stonebridge Bank.
Linkbank has 39 employees and assets of about $100 million.