LINKBANCORP, Inc. Announces New Office Expected to Open in the Fourth Quarter of 2024
March 18, 2024 at 05:10 pm EDT
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Following a comprehensive evaluation of all LINKBANK Client Solution Centers conducted after the successful merger of LINKBANCORP, Inc. with Partners Bancorp, LINKBANK (the Bank) has identified three office locations for closure and in connection therewith has submitted required notices with the Federal Deposit Insurance Corporation (the FDIC) and appropriate state banking agencies. Additionally, building on the success of a loan production office in Annapolis, Maryland, the Bank intends to relocate and convert the Annapolis loan production office to a full-service Client Solutions Center. The new office is expected to open in the fourth quarter of 2024, subject to receipt of required regulatory approvals from the FDIC, the Pennsylvania Department of Banking and Securities and the Maryland Office of the Commissioner of Financial Regulation.
LINKBANCORP, Inc. is a bank holding company, which operates LINKBANK (the Bank). LINKBANK is a Pennsylvania-chartered, non-Federal Reserve member bank. The Bank is a full-service commercial bank providing personal and business lending and deposit services to individuals, families, nonprofits, and business clients throughout Central and Southeastern Pennsylvania, primarily through its digital presence on the Internet and ten client solutions centers in Chester, Cumberland, Dauphin, Lancaster, Northumberland, and Schuylkill counties, and loan production offices in Chester and York Counties. It provides traditional lending, deposit gathering and cash services to retail customers, small businesses, and non-profit organizations. Its lending activity consists of commercial real estate loans, commercial business loans and to a lesser extent, commercial real estate construction and land development loans, residential real estate loans, home equity loans, consumer loans and agriculture loans.