Recent Industry Events: A message from our President & CEO

To our Valued Customers:

Given the recent events in the Banking Industry, we understand customers may have concerns about the health of Financial Institutions.

To understand the recent banks failures is to understand that they have very different business models than a traditional Community Bank. These institutions had concentrations in Tech start-ups, Venture Capitalist and Hedge Funds and Cryptocurrencies.

The First National Bank & Trust Company of Newtown has always been a strong, well capitalized institution with a rich history of safety and soundness. Unlike these banks, most of our clients fall under the $250,000 FDIC insurance limit of coverage.

We rely on a well-diversified funding base comprised of local customers and businesses. The bank has very little reliance on Certificates of Deposits and no borrowed funds.

Aside from having strong liquidity, as part of our risk management practices the bank has substantial credit facilities through the Federal Reserve, Federal Home Loan Bank and Correspondent banks as well as having an investment portfolio of $750 million that are available for sale.

Through our conservative business practices, strict underwriting policies, and superior risk management standards, we remain well capitalized by all regulatory standards.

For our 159 years, The First National Bank & Trust Company of Newtown has weathered many economic events and continues to live up to our reputation of strength and stability.

If you have any questions regarding FDIC coverage, our team of dedicated bankers are always here to assist you at (215) 860-9100.

We look forward to providing banking services to our community for another 159 years.



Daniel J. Schaffer
President & CEO