Member News

JBT Listed in American Banker’s Top 200 Community Banks and Thrifts
Jonestown, PA
06/12/2020 02:20 PM

Jonestown Bank & Trust Co. (JBT) earned the 180th spot nationally in the 2020 list of Top 200 Community Banks and Thrifts, as ranked by American Banker magazine. JBT is the only community bank based in Lebanon, Lancaster and Berks Counties to appear on the list. This is the 12th consecutive year that JBT has earned this Top 200 national ranking.

A total of 511 community banks and thrifts nationwide with total assets of less than $2 billion were qualified to be evaluated by three-year average Return On Average Equity (ROAE) through 12/31/2019, and rankings were based on an analysis by Capital Performance Group of S&P Global Market Intelligence data. JBT had a 3-year average ROAE of 9.57%.  

Troy A. Peters, President and CEO of JBT, noted, “We are honored to once again be listed among the top 200 community-based institutions nationally. This is a reflection of our bank’s ability to control expenses smartly while providing vital financing to individuals and businesses in our community. Our fiscally responsible approach will go a long way towards helping our bank overcome the economic impact of the current COVID-19 pandemic as quickly as possible. We are committed to helping clients Bank on a Smile® with JBT.”

JBT serves customers in and around Lebanon, Lancaster and Berks Counties. Founded in 1873, JBT currently has assets of $655 million and 14 banking locations, including its newest branch which opened recently in Robesonia, PA. For more information about JBT, please visit Member FDIC. Equal Opportunity Lender.

Powered By CC-Assist.NET


advertisement advertisement advertisement