For over 140 years, Huntingdon Valley Bank has been entrusted with the hard-earned money of its members, and reinvested those deposits into the community through residential and commercial loans. We have also taken some of the profit earned from those loans and donated money to many local charities and non-profits. This is what hometown banks do every day.

While the concept of “sustainable living” has come back in fashion, the idea of “sustainable banking” has been practiced at Huntingdon Valley Bank since its inception. All deposits are taken from the local community and put back to work right where they came from.

You see, when you place your money in a hometown bank the money stays right here, and just like a farmer’s seeds, it produces sustenance. If done correctly, those deposits yield growth in our community year after year after year.

Take Huntingdon Valley Bank’s residential lending department as an example. For the third consecutive year it originated over $130 million in local mortgages. We have lent some $400 million to your friends, relatives and neighbors over the past three years. These loans have financed the purchase of a first home or that all-important next home that supports a growing family. Your deposits made this happen. Your deposits are sustaining our local community.

Are people getting the message to “stay local”? I think so. At the end of 2012, we had $136 million on deposit at our bank, which is a $19 million increase in deposits in the past twenty-four (24) months. Our core deposit ratio, a key metric in determining a strong customer-centric bank, remains strong at over 65% of total deposits. Local deposits at work locally – what an exciting idea!

I can’t discuss “sustainable banking” without mentioning our great team of employees who understand that in an ever impersonal world, the personal touch means everything. Thank you to all our employees, who come to work every day and please our customers. Nothing in banking is rea