Current Press Releases
QNB Corp. Declares Dividend
Quakertown, PA (24 May 2016) The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), parent company of QNB Bank, at a regular meeting on May 24, 2016 declared a quarterly cash dividend of $0.30 per share. The cash dividend is payable on June 24, 2016 to shareholders of record June 10, 2016.
QNB Corp. offers commercial and retail banking services through the 11 banking offices of its subsidiary, QNB Bank. In addition, QNB Bank provides securities and advisory services under the name of QNB Financial Services through Investment Professionals, Inc., a registered Broker/Dealer and Registered Investment Advisor, and title insurance as a member of Laurel Abstract Company LLC. QNB Corp.’s stock is traded in the over-the-counter market under the symbol “QNBC.” For more information, visit QNB’s web site at QNBbank.com.
Area Bankers Receive Years of Service Award
QUAKERTOWN, PA (19 April 2016) David W. Freeman, President & CEO, and James A. Bleakly, Jr., SVP, Leasing Operations & Special Assets, of QNB Bank, were recognized for serving 40 or more years in the banking industry at the Pennsylvania Bankers Association (PA Bankers) Group 2 meeting held on April 5th at the Rivercrest Golf Club in Phoenixville.
(Pictured: David W. Freeman, President/CEO, and James A. Bleakly, Jr., SVP, Leasing Operations & Special Assets of QNB Bank)
The 40-Year Club consists of bankers completing 40 or more years of service in Pennsylvania’s banking industry who are regular members of the PA Bankers.
David Freeman has served the banking industry for 41 years. As the President/CEO of QNB Bank, David is responsible for the Bank’s strategic direction and planning along with community and sales leadership. David graduated from Stonier Graduate School of Banking, received an MBA at Ohio State University, and earned a BSBA from Franklin University. Formerly, David was the Division President of Fulton Bank.
James Bleakly has served the banking industry for 45 years. In his current position of Senior Vice President, Leasing Operations & Special Assets, James is responsible for managing the lease portfolio, workout and collection activity for commercial and consumer loans. James received a Bachelor of Economics from Muhlenberg College. Previously, he served as Senior Vice President at Continental Bank.
The Pennsylvania Bankers Association, located in Harrisburg, is the Commonwealth’s leading banking trade association representing an expansive and diverse membership. The Association offers extensive continuing education programs, government relations representation on behalf of the industry, and provides numerous products and services for banks and their employees.
QNB Bank Sponsors Hatfield Borough’s Founder’s Day and Fall Festival
HATFIELD, PA (13 April 2016) QNB Bank is proud to sponsor the Borough of Hatfield’s Founder’s Day and Fall Festival. Hatfield Borough’s Founder’s Day event will take place on Monday, June 13th and will feature plenty of food, fun and games. Hatfield’s Fall Festival & Car Show will take place on Saturday, September 24th. This annual event will comprise of art, craft and novelty vendors along with a car show.
(Pictured left to right: Bruce Kenworthy, AVP/Business Development Officer, QNB Bank; Lindsay Hellmann, Public Information Coordinator, Borough of Hatfield; and Jaime Snyder, Assistant Secretary, Borough of Hatfield)
QNB Bank Sponsors Hatfield Township Hat Trick Race Series
HATFIELD, PA (8 April 2016) QNB is proud to sponsor the 7th Annual Hatfield Township Races. The event has a total of three races spread throughout the year in April, August, and October, each of various distances with different side attractions. The race series is held in partnership with ACT Sports Management, a professional race production team. Proceeds from the races benefit Hatfield Township Parks and Recreation.
(Pictured left to right: Ashley O’Neill, Parks & Rec. Director, Hatfield Township; Aaron Bibro, Township Manager, Hatfield Township; April Donahue, VP/Branch Manager, QNB Bank; and Bruce Kenworthy, AVP/Business Development Officer, QNB Bank)
QNB Bank Promotes Lucy P. N. Sharp, Esq. to Senior Vice President Chief Compliance Officer
QUAKERTOWN, PA (8 April 2016) Lucy P. N. Sharp, Esq., has been named Senior Vice President Chief Compliance Officer at QNB’s Towne Bank Center. Lucy is responsible for the operation of the Compliance Management System. She received a Bachelor of Arts in economics at Mount Holyoke College and went on to receive a Juris Doctor degree from Rutgers School of Law in Newark.
Lucy is also an active member of the community. She is the President of the Board of Directors of Keystone Opportunity Center. She is also a member of the Willow Grove Community Development Corporation Board of Directors. Lucy currently resides in Jenkintown, PA.
QNB Bank Seeking Student Art for 2017 Collector Calendar
QUAKERTOWN, PA (4 April 2016) QNB Bank is seeking artwork for its 2017 Student Art Calendar Contest from High School students (grades 9-12) from all schools in the QNB Bank market area. This will be the 21st installment of the Student Art Collector Calendar.
The theme for this year is “Transportation through the Years” and will contain fourteen pen and ink drawings of area students. Entry forms with a full list of rules and regulations for the contest can be picked up at any of QNB Bank’s Branch Offices or at participating schools’ art departments.
All artwork must be received by Tuesday, May 31st and may be dropped off at the QNB Towne Bank Center, located at 320 W. Broad Street, Quakertown, or any of QNB Bank’s Branch Offices. Artwork may also be mailed to:
Attention Marketing Department
PO Box 9005
Quakertown, PA 18951-9005
Winners of the contest will be chosen and notified in June. Questions may be directed to the QNB Bank Marketing Department at 215-538-5600 ext. 5756.
QNB Bank Promotes Christa Martin to Assistant Vice President/Retail Mortgage Loan Officer
QUAKERTOWN, PA (1 March 2016) Christa Martin has been named Assistant Vice President/Retail Mortgage Loan Officer at QNB’s Towne Bank Center. Christa is responsible for interviewing customers, originating applications and prequalifications and conducting loan closings. She is also responsible for coordinating loan transactions with other involved parties such as realtors, title companies and builders. Her previous position was Mortgage Loan Officer.
Christa has been employed by QNB for nearly 3 years. She graduated from Pennridge High School and attended Bucks County Community College as well as Technical College of the Lowcountry. Christa currently resides in Center Valley, PA.
QNB Bank Hosts First Time Homebuyers Seminars
QUAKERTOWN, PA (24 February 2016) If you’re a renter looking to buy, or wondering if buying is possible, join us for one of our FREE First Time Homebuyer Seminars. You’ll be able to learn more about understanding your credit, private mortgage insurance, title insurance, and QNB mortgage options. A light dinner will also be provided.
The first seminar will be held at 6pm on April 7th at QNB’s Towne Bank Center located at 320 W. Broad St., Quakertown, PA. The second seminar will be held at 6pm on April 14th at QNB’s Colmar Office located at 127 Bethlehem Pike, Colmar, PA. The third and final seminar will be held at 6pm on April 21st at QNB’s Perkasie Office located at 607 Chestnut St., Perkasie, PA.
Seating for these seminars is limited, so call or email Christa or Connie ASAP to register. Please RSVP at least one week prior to the seminar date. Call Christa Martin at 215-538-5600 x5634 or email her at firstname.lastname@example.org. You may also call Connie Lindenmuth at 215-538-5600 x5767 or send her an email at email@example.com. We look forward to meeting you and discussing your future home.
QNB Corp. Increases Dividend
Quakertown, PA (23 February 2016) The Board of Directors of QNB Corp. (OTC Bulletin Board: QNBC), parent company of QNB Bank, at a regular meeting on February 23, 2016 declared a quarterly cash dividend of $0.30 per share. The amount represents a 3.4% increase from the prior quarter. Based upon the closing price of a share as of close of business February 22, 2016, this represents a yield of 3.9%. The cash dividend is payable on March 25, 2016 to shareholders of record March 11, 2016.
“As a result of the continued solid financial performance of QNB Corp., the Board of Directors is pleased to be able to increase the dividend by 3.4%. As a result of its well capitalized position, QNB Corp. is able to continue its uninterrupted history of quarterly dividends,” said David W. Freeman, President and Chief Executive Officer.
QNB Corp. offers commercial and retail banking services through the eleven banking offices of its subsidiary, QNB Bank. In addition, QNB Bank provides securities and advisory services under the name of QNB Financial Services through Investment Professionals, Inc., a registered Broker/Dealer and Registered Investment Advisor, and title insurance as a member of Laurel Abstract Company LLC. QNB Corp.’s stock is traded in the over-the-counter market under the symbol “QNBC.” For more information, visit QNB’s web site at http://www.qnbbank.com/.
QNB Sponsors Lansdale Public Library Clean & Green Extravaganza Fundraiser
QNB is proud to sponsor the 6th annual Clean & Green Extravaganza fundraiser for the Lansdale Public Library. The event will take place at the Lansdale Public Library on Saturday, July 16th from 9am to 1pm. This year’s Clean & Green Extravaganza will include a carwash, book sale, document shredding, and electronics recycling.