Scranton bank wins community award

Scranton-based Peoples Security Bank & Trust Co. recently was awarded the FHLBank Pittsburgh Pillars of the Community Award at an FHLBank Pittsburgh regional member event in Malvern.

The award recognizes a bank’s commitment to community lending, revitalization, and service over the past year. Additionally, a $1,000 check was presented on behalf of Peoples Security Bank & Trust to the Scranton Counseling Center, an integrated behavioral healthcare delivery facility.

Peoples Security Bank & Trust is one of the largest independent community banks in eastern Pennsylvania and has 28 full-service branches in Pennsylvania and New York.

“Peoples Security Bank & Trust is truly honored to be recognized for this distinguished award,” Thomas P. Tulaney, Peoples Security Bank & Trust senior executive vice president and COO, said. “More importantly, we want to thank FHLBank Pittsburgh for their proactive approach in providing innovative products and services that have directly benefited both consumers and small business owners in our market areas. In particular, these programs have provided housing for low-income senior citizens, homeownership for first-time homebuyers, and new job creation for a number of our small business customers.”

Peoples Security Bank & Trust completed phase one of the Lehigh Coal and Navigation Building with a grant from FHLBank Pittsburgh’s Affordable Housing Program.