PS Bank Ranked #36 Nationally on American Banker List PS Bank is pleased to announce it has been ranked as the #36 highest bank on American Banker’s list of the Top 100 Community Banks under $2 billion in the United States as published in its June 2024 edition of the magazine. The 2024 ranking marks the twelfth consecutive year that Peoples Ltd. (PPLL) was included among institutions that are ranked based on three-year average Return on Equity (ROAE). The 2024 ranking is an improvement of six spots from last year’s #42 ranking. With a three-year average ROAE of 16.15%, PS Bank continues to be a leading bank strongly serving customers throughout northeastern and central Pennsylvania. Anthony J. Gabello, President & CEO, said “I am extremely proud of the hard work being done by our PS Bankers throughout the communities we serve. Our customers continue to value our services and support our bank, allowing us to improve each year. Being able to improve our ranking to #36 in a turbulent year for banking is a testament to the dedicated service we provide to our customers and to our strength as a community bank.”
PS Bank Announces Promotion of David B. Wintermute PS Bank is pleased to announce the promotion of David B. Wintermute to Senior Credit Administration Officer / Senior Vice President. Wintermute has been with PS Bank since 2021, previously serving as Senior Credit Officer. Under his leadership, the credit function has further developed and expanded. As Senior Credit Administration Officer / Senior Vice President, Wintermute will continue to oversee the credit area in addition to loan operations, consumer underwriting, and collections. “Over the last four years, Dave has been a critical factor in the success and growth of PS Bank. I’m excited for Dave’s new role as he will be a valuable asset to our senior leadership team,” said Anthony J. Gabello, President & CEO. Wintermute holds a bachelor’s degree from East Stroudsburg University. He resides in Waverly with his wife Alyssa and three daughters.
PS Bank Announces Promotion of Sean Ann Schoen PS Bank is proud to announce the promotion of Sean Ann Schoen to Marketing Director / Vice President. Sean Ann has been with PS Bank since 2020. As Marketing Director / Vice President, Sean Ann will continue to oversee the bank’s marketing and communications as well as assume additional corporate and community-based responsibilities. “Over the last four years, Sean Ann has been critical in the development of the PS Bank brand across our markets. In this new role, she will continue to serve as the primary ambassador of our brand in the community as well as further develop the marketing role at our bank,” said Anthony J. Gabello, President & CEO. In the community, Sean Ann is a board member for the Deutsch Institute and serves the Greater Scranton Chamber of Commerce as a trustee for Lackawanna Industrial Fund Enterprises (LIFE). She holds a bachelor’s degree from East Stroudsburg University in communications with a concentration in public relations and a master’s degree in educational leadership from Bloomsburg University. She resides in Dunmore with her husband Timothy and their daughter Casey.
PS Bank Announces Promotion of Paul Walsh PS Bank is pleased to announce the promotion of Paul Walsh to Senior Lender / Senior Vice President. Paul has been with PS Bank since 2015 serving as Commercial Loan Officer. Under Paul’s guidance, PS Bank’s lending presence in Lackawanna County increased exponentially and now represents the bank’s largest lending market. As Senior Lender, Paul will be responsible for overseeing the management and leadership of lending at PS Bank. “Paul has been an integral part of PS Bank’s growth over the last nine years. He was responsible for our designation as a Small Business Administration Preferred Lender in 2022. Paul’s dedication to his customers and his ability to recommend both simple and complex financing packages for projects of all kinds, have helped to propel PS Bank into a bright future. I am excited to see what he will accomplish as a member of our senior leadership team,” said Anthony J. Gabello, President & CEO. Paul holds a Bachelor of Science in business administration with a concentration in financial services from Pennsylvania State University and graduated from American Bankers Association Stonier Graduate School of Banking. He received a leadership certificate from the Wharton Executive Education Program in 2023. Walsh resides in Greenfield Township with his wife Gina and their two children, P.J. and Tessa.
John N. Grochowski Joins PS Bank Anthony J. Gabello, President and Chief Executive Officer of PS Bank, is pleased to announce the hiring of John N. Grochowski as Indirect Lending Department Manager / Vice President. With John’s hiring, a new line of business has been added to PS Bank’s robust portfolio. Indirect lending will allow for the financing of new and used automobiles for customers across all markets. Mr. Grochowski has over 35 years of banking experience and has spent the past 25 years in the indirect lending area. “With John’s leadership, we anticipate great success for the indirect lending department at PS Bank. He brings tremendous experience and quality relationships to our institution and is a great addition to our team.,” said Gabello. Mr. Grochowski holds a bachelor of science degree in business administration from Wilkes University. He has also served in various leadership and volunteer capacities for numerous community fundraising campaigns. Mr. Grochowski resides in Forty Fort with his wife Luciann.
PS Bank Supports Lackawanna Trail School District PS Bank is proud to support the Lackawanna Trail School District for the 2023-2024 academic year with a charitable contribution of $5,000. PS Bank is a committed supporter of the district as well as the greater Factoryville, Nicholson, and Dalton communities. This year’s donation supported the purchase of new curtains for the high school’s auditorium, which is named after PS Bank. In acceptance of the monetary donation, Business Manager Keith Glynn said numerous other projects were also funded including tools for vocational education, supplementary health class resources, and consumer science curriculum materials. Anthony Gabello, President & CEO of PS Bank knows that supporting public education is the foundation of a prosperous community and is proud to have such a great relationship with Lackawanna Trail. “PS Bank is proud to support the Lackawanna Trail School District again this year. Serving the students and faculty of the district with our annual sponsorship allows school leadership to continue to provide a quality educational experience,” stated Gabello. “We appreciate the ongoing relationship we have with Lackawanna Trail, its students and their families.” PS Bank serves the Lackawanna Trail community at 118 College Avenue, Factoryville. For more information about banking at this branch, please reach out to Janice Bevacqua, Assistant Vice President & Branch Manager at jbevacqua@psbanking.com.
PS Bank Hires New Chief Information Officer Anthony J. Gabello, President and Chief Executive Officer, is pleased to announce the hiring of Eli Tomlinson as Chief Information Officer/Senior Vice President. Mr. Tomlinson has over 20 years of experience working in banking at the senior level, with expertise in the areas of information systems, cybersecurity, strategic planning, risk assessment, project implementation, and process improvement. Mr. Tomlin is a Certified Information Systems Security Professional (CISSP) and Certified Community Bank Technology Officer (CCBTO). He attended Rutgers University. Prior to joining PS Bank, Mr. Tomlinson worked at a regional bank as senior vice president of information technology. His previous work experience includes network administration and software publishing. “Eli brings tremendous experience to PS Bank. His strong knowledge of banking systems, technology, and cybersecurity will be a valuable asset as we continue to grow our bank. As our Chief Information Officer/Senior Vice President, Eli will be a vital member of our leadership team,” said Gabello. Mr. Tomlinson resides in Clarks Summit with his wife, Clel. They have two children, Alex of Scranton and Sean of Detroit, MI.
PS Bank Hosts Chamber Business Card Exchange The Greater Scranton Chamber of Commerce held its Business Card Exchange at PS Bank’s South Abington Twp. location. Business members joined to network and enjoyed food from local restaurants and bakeries. Tony Gabello, president and CEO of PS Bank, and Bob Durkin, president and CEO of The Chamber, announced the Disaster Relief Fund for those affected by the flooding from the past weekend. The Scranton Area Community Foundation established the fund. Check out more photos in The Chamber’s photo album. No Caption No Caption No Caption No Caption
PS Bank Ranked #1 in PA and #42 Nationally on American Banker List PS Bank is pleased to announce it has been ranked as the #42 highest bank on American Banker’s list of the Top 200 Community Banks under $2 billion in the United States as published in its June 2023 edition of the magazine. The 2023 ranking marks the eleventh consecutive year that Peoples Ltd. (PPLL) was included among institutions that are ranked based on three-year average Return on Equity (ROAE). For the fourth time in five years, Peoples Ltd. was the highest-ranked Pennsylvania-based institution on this list. With a three-year average ROAE of 14.84%, PS Bank continues to be a strong bank proudly serving customers throughout northeastern and central Pennsylvania. Anthony J. Gabello, President & CEO, said “I am extremely proud of the hard work being done on a daily basis by our PS Bankers throughout the communities we serve. Earning the #42 ranking from American Banker and the highest ranking in Pennsylvania is a testament to the dedicated service we provide to our customers and to our strength as a community bank.”
PS Bank Nationally Ranked on American Banker List PS Bank is pleased to announce it has been ranked as the #42 highest bank on American Banker’s list of the Top 200 Community Banks under $2 billion in the United States as published in its June 2023 edition of the magazine. The 2023 ranking marks the eleventh consecutive year that Peoples Ltd. (PPLL) was included among institutions that are ranked based on three-year average Return on Equity (ROAE). For the fourth time in five years, Peoples Ltd. was the highest-ranked Pennsylvania-based institution on this list. With a three-year average ROAE of 14.84%, PS Bank continues to be a strong bank proudly serving customers throughout northeastern and central Pennsylvania. Anthony J. Gabello, President & CEO, said “I am extremely proud of the hard work being done on a daily basis by our PS Bankers throughout the communities we serve. Earning the #42 ranking from American Banker and the highest ranking in Pennsylvania is a testament to the dedicated service we provide to our customers and to our strength as a community bank.”
