Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Penn Bancshares, Inc. functions as the holding entity for Pennsville National Bank, providing a comprehensive suite of financial services to customers throughout Salem County, New Jersey. The institution facilitates diverse deposit accounts, including demand options like checking, savings, and money market, as well as time-based instruments such as certificates of deposit, individual retirement accounts, and educational savings plans. Its lending activities cover residential mortgages, home equity, automobile, commercial, and construction financing, alongside the issuance of Visa credit cards. Furthermore, the company extends offerings like trust and estate management, online and phone banking, ATM access, secure safe deposit boxes, money orders, wire transfers, and night depository services. Founded in 1969, Penn Bancshares, Inc. is headquartered in Pennsville, New Jersey, and operates additional branches in Elmer, Carney's Point, Pedricktown, and Woodstown.