HNB Celebrates 185 Years of Supporting Local Communities

On December 26 The Honesdale National Bank officially celebrated 185 years in business. The Bank recognizes the milestone as an example of its achievements, but considers it more a testament to its ability to support the financial needs of the local area for years to come.

Earlier in December, Thomas E. Sheridan, Jr. rejoined HNB to reprise his role as president and CEO of the oldest financial institution headquartered in Northeastern Pennsylvania. Back at the helm, his sights are set on establishing the course for the Bank’s promising future by harnessing tradition.

The historical financial institution based in Honesdale, Pa has done anything but remain stagnant since its inception, often bringing the first of improved customer experience offerings to the area such as the first TV Auto Bank Drive-Up system in 1968, to its most recent deployment of a checking product suite that focuses on benefits that enable their customers to take advantage  of all aspects of their life, including protection, wellness and promotion of shopping in our local communities through exclusive deals and discounts. 

“The benefits that community banks bring to the areas we serve is a point of pride,” said Sheridan.  “The directors, management team, and staff at HNB have done an outstanding job in moving the bank forward.  They have targeted their efforts on helping our area to prosper by focusing on what is best for our customers.  In each and every role, HNB’s people are truly concerned with assisting our customers and willing to provide the extra effort to help.” 

Sheridan believes that bankers serve a unique and important role in helping communities grow. Ultimately, aiming to elevate all of the factors that make our communities such a desirable place to live, play and work

In the Bank’s historic service span, Sheridan noted there have been many extreme challenges to the economy.  He shared how HNB not only persevered, but more importantly, helped improve many difficult situations for local businesses and families to help the area forge new beginnings. 

“Experience has taught us that the greatest innovations are often the result of the need to overcome some significant challenge.  The pandemic has forced many of us to face changes.  With many people being relieved of the need to live within commuting distance of work, our area is now a residential option for telecommuting.   We are very fortunate to live in an area that still embraces the spirit of community.   We look forward to providing banking services for the business opportunities of an expanding area and new customers providing that growth,” he said. 

“The HNB team spends their time and talents thinking of ways for the Bank to better meet the needs of our customers at every stage of life,” said Sheridan.

Facing what could be a turbulent year ahead with prospects of inflation, recessions, regulatory scrutiny and more, HNB bodes confidence in its service model as it also prepares to crest $1 billion in assets.

Echoing the steps that have been taken in recent years by the Bank’s leadership team, Sheridan stated, “We will continue our quest to stay ahead of the technology curve.   With each advancement in technology the ease, speed and security of meeting our customer’s needs is improved and with that comes a better banking experience. Most importantly, we will not lose sight that personal service will always be important in meeting our customer’s needs.”

“Our concern for the wellbeing of the people and businesses who bank with us has been the foundation upon which we have built such a long history,” Sheridan said.  “This is the standard that has been set and passed on throughout the years among employees and board members.   I am looking forward to having the opportunity to contribute to progressing that mission.”

The Honesdale National Bank Foundation Supports Dress for Success Lackawanna

Left to right: Mary Ann Lezzi and Elizabeth Nagy

The Honesdale National Bank Foundation supports the community with a $2,500 contribution to Dress for Success Lackawanna (DFSL). The funds will specifically support the organization’s Jumpstart Program through Network for Good. Jumpstart is a grant funded yearlong program that blends together personal coaching, technology, technical assistance, peer learning and an educational framework to help non-profits raise funds to support the organization’s mission.

HNB President & CEO David Raven stated, “HNB is dedicated to helping our communities’ with funding for support programs in our area.” He continued, “We understand there are challenges that many face when it comes to starting and building a career. Having access to these useful resources can have a great impact on those we care about most.”

Dress for Success Lackawanna is a human services agency dedicated to meeting the needs of low-income women who are either unemployed or underemployed. Programs are designed to ensure that marginalized women have the tools and resources needed to obtain a job and build a career. Their mission is to empower women to achieve economic independence by providing a network of support, professional attire and the development tools to help women thrive in work and in life.

Dress for Success Lackawanna helps by facilitating economic independence, self-sufficiency, confidence and employment retention through their career center, personal development and suiting programs. Funding for the Jumpstart Program will help DFSL establish, diversify and increase individual fundraising revenues to grow these programs as well as the ability to provide services within its six-county footprint.

The Honesdale National Bank Foundation is a 501(c)3 entity established by The Honesdale National Bank to engage in community giving initiatives that foster the area’s growth and resources as it has remained committed to since its founding in 1836. The Foundation’s aims to fulfill that mission through initiatives that support the sustainability and strengthening of resources and programming that make local 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 local area.

Honesdale National Bank Welcomes New Branch Supervisor

David Raven, President and CEO of The Honesdale National Bank, announced Sharon Smith has joined HNB as Branch Supervisor of the Lackawaxen Office.

In making the statement, Raven noted, “We are pleased to welcome Sharon to the HNB Family. Her strong retail and customer service experience will be of great benefit as we look to continue to support the needs of our customers in the Lackawaxen community.” 

Originally from Queens, NY, Smith is new to the financial industry. She moved to the area in her teenage years, graduating from Honesdale High School, and has since received her Bachelors of Science Degree in Management from East Stroudsburg University. She has then pursued over 20 years in retail management at the Dollar Tree in Honesdale.

In mentioning her new role with HNB, Smith said, “I am excited to start a new career and reinvent myself in a new industry.” She continued, “I am looking forward to using my decades of experience in the customer service industry to serve my community in a new way.”

In her spare time, she enjoys spending it with family, watching movies, or shopping. 

The Honesdale National Bank Foundation Supports Susquehanna Fire Department

The Honesdale National Bank Foundation supports the community with a $4,250 contribution to the Susquehanna Fire Department. The funds will specifically go towards the purchase of 27 Class II Fire Service Safety Harnesses.

HNB President & CEO David Raven stated, “Supporting first responders in our community is extremely important, especially at times when we need them most.” He continued, “We are glad to support the Susquehanna Fire Department to support their purchase of new equipment to enhance their safety capabilities.”

This purchase is in conjunction with the department’s recent purchase of a 2009 Sutphen SL 75 Aerial Ladder Truck. The newly purchased aerial is the first aerial in the department’s history, providing greater resources to meet its objectives: primarily fire suppression and rescue services. The new truck’s aerial ladder is 75′ allowing access to the upper floors of the many Main St. buildings, schools, hospital, and multi-family senior citizen and family apartment complexes.

Susquehanna Fire Dept. Inc. is the primary organization responsible for Fire Protection, Rescue, and Emergency Medical Services for the residents and businesses of Susquehanna Borough, Oakland Borough, Lanesboro Borough, Oakland Township and Harmony Township.

The Honesdale National Bank Foundation is a 501(c)3 entity established by The Honesdale National Bank to engage in community giving initiatives that foster the area’s growth and resources as it has remained committed to since its founding in 1836. The Foundation’s aims to fulfill that mission through initiatives that support the sustainability and strengthening of resources and programming that make local 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 local area.

Sarah O’Hora Promoted to Commercial Loan Officer I at HNB

David Raven, President and CEO of The Honesdale National Bank, announced Sarah O’Hora has been promoted to Commercial Loan Officer I.

In making the statement, Raven noted, “Sarah is a long standing member of the HNB Family. Her local knowledge and sincere interest in her customers success have been consistent themes for her. He continued, “We are fortunate to have people like Sarah who are committed to making sure local businesses receive the value we have come to be known for in our community.”

O’Hora is a graduate of Greencastle-Antrim High School and received a Bachelor of Science Degree (Cum Laude) from Millersville University in 2011. She also attended the PA Bankers School of Banking in 2015, and Leadership Northern Poconos Class of 2016.

Currently residing in Lake Arial, PA, she started her ten year career in the financial industry with HNB. Previous positions included Teller, Customer Service Representative, Marketing Assistant, Marketing and Communications Specialist, and Commercial Loan Portfolio Manager. She will continue as Commercial Loan Officer I.

In this role, she is responsible for developing and managing commercial loan relationships, collecting and analyzing financial information, and negotiating terms for small business and other commercial loan applicants.

In mentioning her time with HNB, O’Hora said, “My work at HNB has always allowed me to support those in my local community. In this new position, I will be able to continue to support the financial needs of our local business people whom, I believe, are the foundation on which our communities are built.”

In her spare time, she is a Worship Leader at Wallenpaupack Church and a Publicity Volunteer for Habitat for Humanity of Wayne County, PA. She enjoys spending time with her family, golfing, pheasant hunting, clay bird shooting, and walks in the woods.

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.  For more information on HNB’s products and services, visit www.hnbbank.bank.

HNB Supports Women’s Resource Center With EITC Donation

The Honesdale National Bank was once again authorized to make approved contributions under the Commonwealth’s Educational Improvement Tax Credit (EITC) Program. HNB designated $2,500 of their approved allotment to the missions of the Women’s Resource Center. The funds, donated by HNB, will support their Safe Dates Program.

HNB President & CEO David Raven stated, “We are grateful to have the opportunity to support this organization with funds through the EITC program. The Women’s Resource Center plays a vital role in our society, especially for the health and safety of individuals in our community.”

HNB Supports Lacawac Sanctuary with EITC Donation

The Honesdale National Bank was once again authorized to make approved contributions under the Commonwealth’s Educational Improvement Tax Credit (EITC) Program. HNB designated $2,000 of their approved allotment to the Lacawac Sanctuary Field Station and Environmental Education Center, nestled on 550 acres near the shores of Lake Wallenpaupack. The funds, donated by HNB, will support the Center’s K-12 innovative educational programs

HNB President & CEO David Raven stated, “Lacawac Sanctuary presents benefits to our environment,  local students, and community members.” He said, “We are glad that we can continue to support the funding of this organization to care for our youth’s education and environmental preservation.”

Craig Lukatch, Lacawac Sanctuary President, said, “Lacawac Sanctuary is very grateful for the generous support of The Honesdale National Bank. Lacawac’s YES (Youth Engaging Science) Programs provide opportunities for students to participate in hands-on environmental STEM (Science, Technology, Engineering, Mathematics) education programs both in and out of school.”

The Lacawac Sanctuary offers direct experiences with nature, providing relevant learning that equips students with critical thinking, creative approaches, and problem-solving skills. Their mission is to preserve the natural beauty of Lake Lacawac, its watershed, and surrounding lands; to conduct long-term research on natural systems as part of a global effort to understand and protect the Earth’s biodiversity; and to increase appreciation of this effort through innovative, field-based educational programs for students, teachers, and the community.

Lukatch continued, “Lacawac strives each year to take our inquiry-based science programs to the next level, transforming the way teachers teach and students learn environmental education.”

HNB Supports Wayne County Public Library with EITC Donation

The Honesdale National Bank was once again authorized to make approved contributions under the Commonwealth’s Educational Improvement Tax Credit (EITC) Program. HNB designated $20,000 of their approved allotment to the missions of the Wayne County Public Library. The funds, donated by HNB, will support students with e-resources and virtual programming within the seven-library system including the following local libraries: Bethany, Hamlin, Hawley, Newfoundland, Northern Wayne, Pleasant Mount, and the WCPL (Honesdale).

Along with the e-resources, equipment will be purchased to provide virtual programming for those who cannot get to the library. Some resources include free online tutoring, online SAT/ACT classes, free access to the Get a Five program for those in Advanced Placement classes, hundreds of tutorials and videos, Learning Express Library, Teen Health & Wellness, Prenda Coding, and STEM Online Resources.

HNB President & CEO David Raven stated, “We are privileged to have the opportunity to provide local support to organizations like the Wayne County Public Library with funds through the EITC program.” He continued, “We are glad to see this contribution go towards program upgrades along with advancement of technology and resources.” Tracy Schwarz, Wayne County Public Library Director, mentioned, “The Libraries are working hard to provide programming, equipment, and education to support student learning in creative new ways.” She said, “In Addition, we continue to purchase STEM materials, computers, equipment, and other collection materials to further the excitement and education of Wayne County’s students.”

HNB Supports Abington Community Library with EITC Donation

The Honesdale National Bank was once again authorized to make approved contributions under the Commonwealth’s Educational Improvement Tax Credit (EITC) Program. HNB designated $3,000 of their approved allotment to the Abington Community Library. The funds, donated by HNB, will support K-12 educational opportunities.

HNB President & CEO, David Raven, stated, “Access to public libraries is important throughout the education of children and young adults.” He said, “We are excited to continue to serve our area by supporting this organization and contributing to their funding.”

Sandy Longo, Abington Community Library Executive Director, said, “This year has challenged everyone to find a new normal as we all continue to cope with the ongoing healthcare crisis. The Library is no exception. I am proud to share programming staff devised ways to continue engaging our K – 12 service population during this time through virtual learning platforms and kits!”

The Abington Community Library is part of the Lackawanna County Library System. The Library is located at 1200 West Grove Street in Clarks Summit, PA.

Michelle Kowalewski Promoted to Commercial Loan Officer II at HNB

David Raven, President and CEO of The Honesdale National Bank, announced Michelle Kowalewski has been promoted to Commercial Loan Officer II.

In making the statement, Raven noted, “Michelle understands our values as a company and contributes to the support of our community day in and day out.” He said, “The Northern Susquehanna County market is a fresh focus of HNB and we have no doubt she will continue to provide strong service to our customers in her new role.”

In her current role, Kowalewski is Mortgage Advisor at the Hallstead Office and assists customers and employees with daily functions as well as helping with mortgage recommendations. Originally from Montrose, Michelle received a Bachelor’s of Science Degree in Agricultural Business Management from Penn State University. She has been in the financial industry for 6 years. Previously, she worked as an Agricultural Loan Officer for AgChoice Farm Credit in Northeastern, PA. She will continue to provide her expertise as Commercial Loan Officer II at HNB.

In mentioning her career with the bank, she said “I am excited to return back to commercial lending after working in residential mortgage lending for two years.” She mentioned, “I hope to continue HNB’s expansion in the Susquehanna County market area and strengthen existing relationships with our current customers.”

Outside of the bank, Michelle is an active member of local clubs and organizations, serving as Organizational Club Leader of the Born to Show 4-H Club, President of the Susquehanna County 4-H Livestock Committee, member of the Susquehanna County Youth Program Advisory Committee.  Member of the Harford Agricultural Society, Youth advisor for the Susquehanna County Jr. Holstein Club, and a member of St. Mary’s Church, in Kirkwood, NY.

In her spare time, Michelle enjoys serving as a 4-H Club leader, attending her kids’ sports events and 4-H activities, camping, and is eager to attend Penn State football games again this fall.

For more information on HNB’s products and services, visit www.hnbbank.bank.