JBT listed in U.S. Bankers Top 200
Community Banks and Thrifts
Lebanon, PA, June 14, 2011: Jonestown Bank & Trust Co. (JBT) claimed the 57th spot in the nation’s Top 200 Community Banks and Thrifts, as ranked by U.S. Banker magazine in its June 2011 edition. This ranking for JBT is up from 82nd place in 2010, and 165th place in 2009. This places JBT among the top 10 community banks in Pennsylvania, and JBT is the only community bank within Lebanon County to achieve the superior ranking. Community banks and thrifts were evaluated nationwide by three-year average return on equity (ROE), and the rankings were based on an analysis of data compiled by SNL Financial LC.
Lynn Wenger, CEO, stated, “We are honored to be listed among the top performing community banks in the nation for three consecutive years, especially given the challenging economic conditions during this period. Our directors, management and staff take great pride in JBT.” Wenger continued, “Since 1873, our goal has remained the same: To serve the needs of the people and businesses within our community, and as our tagline states, to help everyone bank on a smile.”
JBT operates nine locations throughout the Lebanon County, including the newest office at Northside Commons Shopping Center in Palmyra. In December 2010, JBT reported having assets of