News Release

June 25, 2009

The First National Bank promotes Daniel Schaffer

Daniel J. Schaffer has been promoted to Executive Vice President by the Board of Directors of The First National Bank & Trust Company of Newtown.

Dan began his career with The First in 1994. He has served as the Branch Manager of the Solebury office and Senior Vice President in the Mortgage Division and was promoted to Senior Mortgage Officer in May of 2007. He was elected to the Board of Directors in October 2007. Dan resides in Newtown with his wife and children. He is also a member of the Board of Directors of the Newtown Rotary Club.

Founded in 1864, The First is Bucks County’s oldest, most established bank, with twelve branches throughout Central and Lower Bucks County. First National Bank is committed to local ownership, operation and investment.