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Scott E. Fritz

Power 100 list

Scott E. Fritz

President & CEO

Pennian Bank

His duties include strategic leadership of Pennian Bank and First Community Financial Corporation; financial management; strategic planning ; strategic thinking, leadership and direction; executive leadership and people management; and business development and customer agenda/value propositions. Fritz is also responsible for audit; risk management and compliance; and corporate and social responsibility.

Fritz has been with Pennian Bank for 14 years and has served as president and CEO for the last nine years.

He is proud that the 157 year-old community bank has tripled in asset size since he joined Pennian Bank in 2007.”We have been able to successfully grow in an organic, sustainable manner while never losing sight of our obligations to our stakeholders, who include our shareholders, employees, customers, and community,” Fritz said.

Important life lesson he’s learned: Failure is good. “We try so hard in life to avoid failure, but it is real evidence that we’ve had the courage to try. If you avoid failure, you avoid taking action. Expect and accept that failing is part of life’s experience. Learn from it, grow from it and move on,” he said.

Fritz enjoys traveling. “Travel expands you. Travel makes life more interesting. It is an experience that I can share with my family and friends. It expands you, enlightens you and teaches you about the variety of people, lifestyles and cultures across our nation and around the world,” he said

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This profile is part of Central Penn Business Journal's Power 100 list for 2021. Information used in this profile was sourced from the honoree. See the full list at cpbj.com or in our digital edition.

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