The Honesdale National Bank and Local Banks Showcase Strength of Community Banking

The FDIC’s seizure of two larger financial institutions once again shapes the current and future landscape of the financial industry. Fortunately, local businesses and families remain ever supported by the strength and stability of three banks through which this corner of Northeastern Pennsylvania was built.  

The stability of a community can often be defined by the strength of the partnerships that comprise it. For Honesdale and the greater Wayne County area, the individual and collective business practices of The Honesdale National Bank, The Dime Bank, and Wayne Bank continue to fasten the region’s seams.

While the institutions are unique, since their foundings they have shared a common goal — supporting the residents and businesses across the widening breadth of the communities they serve. Diversifying their loan concentrations and oftentimes sharing the risk burden in the name of business development has paved a landscape that is symbolic of community banking.

No financial institution is completely immune to the impact of economic, political or industry-driven events. These Banks’ conservative business models have helped decrease exposure and effectively manage the market’s highs and lows. Their healthy capital and investment strategies have shepherded expansion in markets and resources to stabilize external pressures and foster growth opportunities.  

Healthy competition and collaboration are what set these community banks apart and continue to provide strong, dynamic financial resources for the local population.

The leadership of Wayne Bank, The Honesdale National Bank, and The Dime Bank continue to monitor the markets closely and are prepared to respond to changes as necessary. The local teams at each of their office locations are also available to support questions regarding FDIC insurance and individual financial needs.

The Chamber Hosts International Women’s Day Luncheon

Keynote address offered by Dr. Damary Bonilla-Rodriguez speaks on women’s equity in the workplace. Athena International Award presented to Laura Ducceschi.

Scranton, PA —The Greater Scranton of Chamber of Commerce hosted their International Women’s Day Luncheon, sponsored by The Honesdale National Bank at Marywood University. Keynote speaker Dr. Damary Bonilla-Rodriguez offered a stirring challenge to step up and lead while focusing on the international theme, Embrace Equity. The luncheon included the presentation of the ATHENA Leadership Award, sponsored by Michael A. Barbetti LLC, to Laura Ducceschi, president & CEO of The Scranton Area Community Foundation.

Dr. Bonilla-Rodriguez commented, “Women’s History month is an opportunity to acknowledge the circumstances that women face in the workplace and in terms of achieving a level of economic success, educational attainment, and other opportunities to climb the leadership ladder as it relates to their livelihood.”

“International Women’s Day means so much. The importance of women’s contributions all over the world, to our community right here in Scranton. In terms of the workforce, women play such a key role, and we need to be able to continue supporting women so they can overcome barriers and become what they want to be,” stated Ms. Ducceschi.

The keynote speaker, Dr. Damary M. Bonilla-Rodriguez, a national leading authority on leadership development, especially as it pertains to diversity and inclusion. Dr. Bonilla-Rodriguez delivers keynote addresses from roles in the non-profit, private, and government sectors and her doctoral research. 

The ATHENA Leadership Award, sponsored locally by Michael A. Barbetti LLC Certified Public Accountants, honors an exceptional individual who has achieved excellence in their business or profession, has served the community in a meaningful way, and has assisted women in their attainment of professional goals, and leadership skills. “Laura Ducceschi embodies these characteristics wholeheartedly,” shares Mr. Durkin.

HNB Launches Stegner Foundation

As announced by the trustee, The Honesdale National Bank, the greater Wayne County community will continue to experience the generosity of the beloved Honesdale family for years to come with the launch of and first disbursements of The Robert E. and Leila Stegner Family Foundation.

The Robert E. and Leila Stegner Family Foundation was created by siblings Dr. Robert, Joan and Janet Stegner of Honesdale, Pennsylvania, “in thanksgiving to the people of Wayne County and elsewhere for the support given to J.H. Stegner Grocery Store and Bakery, Robert J. Stegner, DDS, Joan M. Stegner and Janet T. Stegner, private music teachers.” The Foundation was established after the passing of the last surviving sibling, Joan Stegner, on October 7, 2022. The Honesdale National Bank has served as trustee since May 25, 2011. 

The Stegner siblings selected 13 organizations to receive annual donations from their Foundation based upon a set percentage of the minimum distribution requirement for private foundations code established by the Internal Revenue Service (IRS). The recipient organizations are: Bethany Cemetery; Honesdale Fire Department Hose Company No. 1, Alert Hook & Ladder Co. No. 2, Protection Engine No. 3, and Texas No. 4; Victims Intervention Program; Wayne County Food Pantry; Wayne County Children and Youth; Red Cross, Wayne County chapter; Salvation Army; the Eastman School of Music at the University of Rochester; Honesdale Ministerium; and the Wayne Memorial Health Foundation.

“It is an honor for HNB to assist in sustaining the memory and impact of the Stegner family for the greater Wayne County community,” said VP, Trust Officer Charles Curtin. “This Foundation is the epitome of a local family demonstrating its gratitude for the services that serve as the backbone for our area and ensuring others have access to those services for years to come.”

The Stegner name is iconic in the Honesdale area. Parents Robert Sr., and Leila Stegner owned and operated the J.H. Stegner Grocery Store and Bakery throughout most of the 20th Century. Many fondly remember its vast candy selection. Their children, Dr. Robert and twins Joan and Janet, were prominent citizens in their own right. Numerous young students were taught to love the piano by Joan and Janet in the family’s living room, while Dr. Robert tended to the community’s dental needs. A particular delight was to see Joan and Janet, in matching outfits, riding their tandem two-seat bicycle around town, waiving to all.  Although the scene of the three Stegner siblings languidly rocking on their 8th Street porch swing during long summer days is now just a memory, their generosity lives on.

The Honesdale National Bank, established in 1836, holds the distinction of being the area’s oldest independent community bank headquartered in Northeastern PA, with offices in Wayne, Pike, Susquehanna, Lackawanna and Luzerne Counties.  The Honesdale National Bank offers personal banking, business banking and wealth solutions. HNB is a Member FDIC and Equal Housing Lender with NMLS ID # 446237.

The Honesdale National Bank Foundation Makes Donation

The Honesdale National Bank Foundation has recently made a $12,500 contribution to NeighborWorks of Northeastern Pennsylvania. The funds will go specifically to the organization’s Aging in Place program.

HNB President & CEO, Thomas E. Sheridan Jr., stated, “We are happy to support NeighborWorks and their continuous efforts with their Aging in Place program.” He continued, “Maintaining the safety and livelihood of our senior community members is something we cherish here at HNB, and we hope these programs are available for generations to come.”

The Aging in Place program provides homeowners age 60 and above with services that focus on assisting them to continue living safely and with dignity in their home and community. Through this program, NeighborWorks collaborates with human services organizations to evaluate individual needs and provide small home repairs, critical safety modifications and community services specific to each homeowner’s lifestyle to preserve their home and their independence. Surveys with their clients show they’re mentally and physically healthier, feel safer at home, and engage with their family and friends more.

NeighborWorks Northeastern Pennsylvania is a 501(c)(3) nonprofit community development organization that has, for more than 40 years, helped to revitalize neighborhoods and improve lives throughout the region by addressing the housing needs in our community. Our vision for strong, healthy neighborhoods is built on resident empowerment, neighborhood revitalization, sustainable homeownership, and public-private partnerships.

The Honesdale National Bank Foundation was established to further support the Bank’s commitment to contributing to the growth and development of the communities we serve. The Foundation’s mission is to support the sustainability and strengthening of resources and programming that make our communities thrive and remain desirable places to live, work and play. The mission will be upheld through the provision of funding for public charities, institutions, schools, and other not-for-profit organizations throughout our area. Through a focus on health and human services, education, culture and community enhancements, the Foundation intends to exemplify corporate citizenship and continue to create opportunities for all that benefit from our region’s offerings.The Honesdale National Bank Foundation is a registered 501(c)3.

The Honesdale National Bank, established in 1836, holds the distinction of being the area’s oldest independent community bank headquartered in Northeastern PA, with offices in Wayne, Pike, Susquehanna, Lackawanna and Luzerne Counties.  The Honesdale National Bank offers personal banking, business banking and wealth solutions. HNB is a Member FDIC and Equal Housing Lender with NMLS ID # 446237. Pictured L to R: Melodie Robinson, Mary Edrusick, Jesse Ergott, President & CEO of NeighborWorks, and Ray Ceccotti, SVP, Business and Relationship Development Manager at HNB.

HNB Makes Donates to Friendship House

The Honesdale National Bank has recently made a $20,000 contribution to Friendship House through the Neighborhood Assistance Program (NAP) Tax Credit. The funds will help offset the cost of architects and engineers for their building project in Scranton, PA.

HNB President & CEO, Thomas E. Sheridan Jr., stated, “We are glad to make this contribution to support an organization who truly cares about our community members.” He continued, “Friendship House gives many individuals, with physical or mental disabilities, a chance to maximize their well-being with proper support and care.”

The building project in Downtown Scranton is a personal care center. This facility will provide mental health, substance abuse, and primary physical health care.

Friendship House is dedicated to serving families and their children with autism, with emotional and/or behavioral difficulties, and/or who are traumatized by loss, abuse, or neglect. Friendship House is also dedicated to serving adults with mental illness and/or developmental/intellectual disabilities. Their dedication manifests itself by providing individualized services which promote resiliency in children and recovery in adults, and maximize physical, emotional, behavioral, and social well-being of those they serve.

The Honesdale National Bank, established in 1836, holds the distinction of being the area’s oldest independent community bank headquartered in Northeastern PA, with offices in Wayne, Pike, Susquehanna, Lackawanna and Luzerne Counties.  The Honesdale National Bank offers personal banking, business banking and wealth solutions. HNB is a Member FDIC and Equal Housing Lender with NMLS ID # 446237.

Photo Caption (from left to right): Ray Ceccotti, SVP, Business and Relationship Development Manager at HNB & Alex J. Hazzouri, President/Chief Executive Officer of Friendship House.

HNB Contributes to Construction Project

The Honesdale National Bank has made a $124,250 contribution to the Wayne County YMCA. The funds will go towards phase one on their construction project which includes, development and completion of engineering design, site development plans, development approvals, sewage, and PennDOT approvals of highway access.

HNB President & CEO, Thomas E. Sheridan Jr., stated, “We are pleased to support our local YMCA as a financial partner forth is impactful project.” He continued, “It is an organization that puts forth a facility and programs for our community, which can be influential for development for generations to come.”

Located at 105 Park Street in Honesdale, and in communities across the nation, the Y is a leading voice on health and well-being. With a mission centered on balance, the Y brings families closer together, encourages good health, and fosters connections through fitness, sports, fun, and shared interests.  As a result, millions of youth, adults, and families are receiving the support, guidance, and resources needed to achieve greater health and well-being for the spirit, mind, and body.

Paul Edwards, board member of the Wayne County YMCA, mentioned, “Every journey begins with a first step. This exciting new building project for the YMCA is a first step in enhancing our services to the local community. It wouldn’t be possible without the support of The Honesdale National Bank. We so appreciate HNB’s community spirit and the great support as we initiate this project.”

The funding has been contributed through the Neighborhood Assistance Program (NAP) managed through the Pennsylvania Department of Community and Economic Development (DCED).

The Honesdale National Bank, established in 1836, holds the distinction of being the area’s oldest independent community bank headquartered in Northeastern PA, with offices in Wayne, Pike, Susquehanna, Lackawanna and Luzerne Counties.  The Honesdale National Bank offers personal banking, business banking and wealth solutions. HNB is a Member FDIC and Equal Housing Lender with NMLS ID # 446237.

Photo Caption (from left to right): YMCA Board of Directors, Sherman Bronson, Tim Minella & Elise Burlein, YMCA Board of Trustees Eric Linde, Paul Meagher, Honat Bancorp, Inc. Board of Directors, Bill Schweighofer, Chairman of Honat Bancorp, Inc. & Thomas E. Sheridan, President and CEO, The Honesdale National Bank.

HNB Joe Tini Earns National Certification

Joe Tini, Marketing & Communications Specialist at The Honesdale National Bank, was recently awarded the Certified Financial Marketing Professional (CFMP) certification from the American Bankers Association.

“Earning the CFMP certification validates Joe Tini’s experience and depth of education in the bank marketing arena,” said bank President, and CEO, Thomas E. Sheridan Jr.

The CFMP certification is awarded to individuals who demonstrate excellence in the field of financial services marketing. To qualify for the CFMP certification, individuals must have certain levels of experience and education in the financial services marketing profession, pass an exam and agree to abide by a code of ethics. The CFMP exam covers many areas including financial principles, laws and regulations, market research, characteristics of marketing plans, and marketing components.

Financial services professionals, working through ABA, initiated the CFMP certification and seven others to establish meaningful standards of knowledge in specialty areas of the financial services industry. ABA Professional Certifications formally recognize those who meet these standards and meet professional continuing education and development requirements. 

Tini joined HNB in his current role in 2020. He is a graduate of Valley View High School and received his bachelor’s degree from Kutztown University of Pennsylvania. He is an avid outdoorsman who spends most of his free time fishing, mountain biking, boating, skiing, exercising, and traveling.           

HNB Bank Promotes Skylar Grove

Thomas E. Sheridan Jr., President, and CEO of The Honesdale National Bank, has announced Skylar Groover has been promoted to Branch Supervisor of HNB’s Hallstead Office.

In making the announcement Sheridan stated, “Skylar has been an essential part of the HNB Family in our Susquehanna County community.” He continued, “Her local knowledge and ability to adapt to support each and every customer has shown true to her dedication here at HNB.”

As Branch Supervisor, Groover will be responsible for managing the daily operations of the Hallstead Office as well as connecting with customers to understand how to better serve the community.

She is a graduate of Montrose Area High School and is working toward a degree in Marine Science with a focus in Geology.

Groover began her career in the financial industry in 2020 as a part-time teller at HNB. She went on to become a full-time teller, then accepted a position as CSR and now Branch Supervisor.

In commenting on her new role at the bank, Groover noted, “Coming into work at HNB, I had no knowledge of the banking industry, but I never felt like I wasn’t supported.” She continued, “I have been allowed room to grow my knowledge and make mistakes along the way, only to find an amazing group of people ready to lend a hand.”

Wendy Davis Joins HNB

Thomas E. Sheridan Jr., President, and CEO of The Honesdale National Bank, has announced Wendy Davis has joined HNB as Branch Supervisor of the HNB Lake Wallenpaupack Office.

In making the announcement Sheridan stated, “Wendy has a superior understanding of the industry and has great influence in the local community.” He continued, “Her skills and expertise will play a huge part of her role to support our customers.”

As Branch Manager, Davis will be responsible for running and growing the Lake Wallenpaupack Branch as effectively and efficiently as possible.

She is a graduate of Sullivan County Community College in Loch Sheldrake, NY with a degree in Liberal Arts/Elementary Ed.

Her previous banking experience was with the most recent Wells Fargo, First National Bank of Pennsylvania (FNB), Wayne Bank, HSBC, Provident Bank, and with her very first job in the industry was with LA Bank.  

In commenting on her new role at the bank, Davis noted, “I am so excited to be here at HNB! After working for other institutions, there is nothing more rewarding than working for a hometown community bank! I feel right at home with HNB!”

Outside of the bank, she is an avid outdoors enthusiast and enjoys volunteering in the community.

Employees and Board Members Honored for Years of Service at HNB

The Honesdale National Bank has had the great fortune of having loyal and long-tenured employees helping serve its customers and greater communities. The Bank is pleased to recognize 22 employees and four board members who celebrated milestones of service in 2022.

Thomas E. Sheridan, HNB President & CEO, offered, “It is with great honor that we recognize those who make our organization one that cares and supports our local community. Each role plays a huge part in upholding for our mission to make strides in service for our customers each and every day.” 

5 Years of Service

Those recognized for 5 years of service are Sarah Gardner, Mortgage Advisor, HNB Mortgage; Paul Kuhn, Trust Clerk, Corporate Center; Nancy Mazzillo, Clerk, HNB Mortgage; Elizabeth Nagy, VP, Director of Sales , Marketing and Digital Banking, Corporate Center; Teresa Popko, Teller/CSR, Eynon Office; Cassandra Saul, Assistant Branch Manager, Forest City Office; Kelly Shuman, Teller/CSR Float, Lake Wallenpaupack Office; Stacey Theobald, Head Teller/CSR, Main Street Office; Jill Usefara, Loan Closing Coordinator, HNB Mortgage; Virginia Weidow, Mortgage Loan Processor, HNB Mortgage; Alissa Weiss, Cash Management Officer, Corporate Center.

10 Years of Service

Recognized for 10 years of service are Jody Evanitsky, Loan Operations Representative II, Corporate Center; Judy Flaherty, AVP Loan Closing Manager, HNB Mortgage; Alli Walczyk, Head Teller/CSR, Route 6 Office.

15 years of Service

Recognized for 15 years of service are Kevin Colgan, Fraud and Security Officer, Corporate Center; Lucy Palko, Head Teller, Hamlin Office; Rich Simmers, VP, Residential Mortgage Manager, HNB Mortgage.

20 Years of Service

Recognized for 20 years of service are Jerry Eck, Courier, Corporate Center; Lisa Hendrickson, Deposit/Loan Operations Representative, Corporate Center; Chuck Jurgensen, Board Member; Kurt Propst, Board Member; Donna Rinehimer, AVP, Underwriting Manager, HNB Mortgage.

30 Years of Service

HNB extends its appreciation to all its employees for their dedication to supporting its customers and local community!

Recognized for 30 years of service, Vicky Bryant, VP, Data Processing Manager, Corporate Center; Roger Dirlam, Board Member; Paul Meagher, Board Member; Linda Miller, AVP, Collections Officer, Corporate Center.