Luzerne National Bank Opens for Business
Founded in 1907, Luzerne National Bank was established during the time Wilkes-Barre fueled the American Industrial Revolution and every Wyoming Valley bank boasted a local board of Directors. Today, the Greater Wyoming Valley's economy is diversified and Luzerne Bank continues to be managed by a local board of Directors.
Luzerne Bank continues to provide the Wyoming Valley with traditional banking services, business financing, mortgages, consumer financing, investment, insurance and Medicare services. Bank technology has changed exponentially in the last 100+ years and Luzerne Bank has kept ahead of the curve. Yesteryear's passbook is today's ATMs and Internet Banking.
1907: Luzerne National Bank opens for business on November 19, 1907. On the first day of business, 75 accounts were opened with deposits totaling $40,000. The first President to serve at Luzerne National Bank was Edward Jenkins.
1925: Luzerne National Bank opened a new bank building at 118 Main Street, Luzerne, PA. This site remains the Main Office for Luzerne Bank today.
1932: Luzerne National Bank acquires Merchants & Miners State Bank.
1951: The Luzerne National Bank Board of Directors approve the purchase of a walk-up/drive-up window for $1,685.
1977: Luzerne National Bank opens the Swoyersville branch location.
1980: The Luzerne National Bank Board of Directors approve the purchase of the first computer for the organization.
1982: John J. Kearney is appointed CEO of Luzerne National Bank.
1986: Luzerne National Bank incorporates holding company, Luzerne National Bank Corporation.
1993: William V. Leandri is appointed CEO of Luzerne National Bank.
1994: First ATM at the Luzerne office.
1998: Luzerne National Bank opens the Plains office inside Sunshine Market, as well as opening the Dallas office.
2001: Luzerne National Bank opens the Wilkes-Barre Public Square office.
2002: Luzerne National Bank opens the Wyoming office.
2004: Robert C. Snyder is appointed President & CEO of Luzerne National Bank.
2006: Luzerne National Bank converts to a state-charter and becomes Luzerne Bank.
2008: Luzerne Bank opens the Lake office.
2011: Luzerne Bank purchases the Hazle Township office from First Columbia Bank & Trust Co.
2013: Penns Woods Bancorp, Inc. completes its purchase of Luzerne Bank in June and is invited to ring the NASDAQ bell in December.
2013: Richard A. Grafmyre is appointed CEO of Luzerne Bank
2013: Robert J. Glunk is appointed President & CEO of Luzerne Bank.
2016: Robert Edgerton, Jr. is appointed President of Luzerne Bank.
2017: Luzerne Bank opens the Conyngham Valley location inside the Gould's Market.
2019: Luzerne Bank opens the Pittston office in January, and opens the Forty Fort office in March.
2021: Robert O. Neher is appointed President of Luzerne Bank.