PSBT will open its 40th branch at 2343 Oregon Pike in Manheim Township.
The branch marks PSBT’s first location in Lancaster County.
A local team with 100+ years of experience will staff the branch.
Peoples Security Bank and Trust Company is opening its first Lancaster County branch this fall, expanding its full-service banking in Central Pennsylvania.
The new full-service branch, PSBT’s 40th, will be located at 2343 Oregon Pike in Manheim Township, in the Shoppes at Landis Valley, occupying a former bank building. The branch is projected to open in the fall.
“We’re excited to bring PSBT to Lancaster County,” PSBT CEO Gerard Champi said in a statement. “This expansion reflects our commitment to long-term growth and our belief in the strength and potential of this market. We look forward to building strong, lasting relationships with individuals, families, and businesses throughout the region.”
The location is PSBT’s second in Central Pennsylvania, joining an existing location in Lebanon. The new branch will offer a full range of banking services and will be staffed by a team of six local professionals with more than 100 years of combined banking experience.
“The team we’ve assembled brings deep roots and strong relationships in the Lancaster area,” said Jeffrey Drobins, executive vice president and chief lending officer. “We’re proud to offer a seamless banking experience from professionals who live, work and care about the community.”
Regulatory approvals for the new branch have been received from the Federal Deposit Insurance Corporation (FDIC) and the Pennsylvania Department of Banking and Securities.
Founded in 1905, Peoples Security Bank and Trust Company has 39 full-service branches across 14 counties in Pennsylvania, New York, and New Jersey.