Our History - Presencebank

The History of Presence Bank

We believe great banking is about building lasting relationships and providing the financial resources to help our customers achieve their individual and business goals.

Founded in 1919, Presence Bank is a state-chartered FDIC bank that provides the most up-to-date financial products and services accessible online or in person. We offer deposit and loan accounts for every stage of life, so individuals and families can count on building a relationship at a bank they can trust for years to come. Our business accounts are created with our clients in mind, whether an emerging entrepreneur or well-established company.

As we evolve, we never forget our roots.

Our culture is anchored in a philosophy that puts associates, customers, and communities at the forefront. We are proud of our diverse and experienced team and strive to be the most loved bank that allows families, customers and communities to prosper.

1919

1926

1977

1991

1996

2007

2020

1919

Presence Bank begins as the “Industrial Building and Loan Association” in Coatesville, PA. Founded by 15 individuals with pooled resources of about $200, the association offers the underserved a chance at home ownership.

1926

The association merges with Steel City Building and Loan and goes on to survive the 1929 stock market crash and the Great Depression.

1977

After more than a half-century of successful operation in the Coatesville area, the association that came to be known as Coatesville Federal Savings and Loan opens its first branch office in the New Holland Shopping Center in Lancaster County.

1991

The official name of the association is Coatesville Savings Bank after it becomes a state-chartered institution.

1996

Coatesville Savings Bank opens its Oxford branch, serving southern Chester and Lancaster Counties.

2007

The bank establishes a new branch office along Georgetown Road in Christiana.

2020

Coatesville Savings Bank announces a new name with the same great people. Presence Bank begins offering expanded personal and business services across Chester, Lancaster, Dauphin, Cumberland, and Lebanon Counties.

Presence with Purpose.