BY MATT VINE
Wyoming County Press Examiner
PS Bank (formerly Peoples State Bank) of Wyalusing has opened a new branch office near Walmart, just south of Tunkhannock.
PS Bank is a local community bank that has been serving Bradford, Sullivan and Wyoming counties since 1914, and also has a branch in Factoryville.
PS Bank Chief Financial Office Philip Farr said that the Tunkhannock branch is a full service bank that features a drive-thru and 24 hour automatic teller machine.
“This branch features all the normal services that a typical bank has today,” Farr said. “This also includes online banking as well.”
The branch had its soft opening on Dec. 10.
Farr said that the reason for the name change which happened in mid-November, was the bank wanted to have a fresh new look and a new image.
“There was some confusion with the name of our bank, with People’s Neighborhood Bank of Hallstead,” Farr said.
The Tunkhannock branch can help anyone open a check or savings accounts, set up any type of loan, and also help with any type of mortgage.
What makes PS bank different from any national bank is its service towards the community.
“We are local folks helping local people,” Farr, of Mehoopany, said.
Farr mentioned that one popular service that is catching on with most banks is the online banking. He said that the younger generation has been making fewer trips to banks in general.
“Our website gives people an opportunity to help pay bills, and manage their accounts, without having to travel to the branch,” Farr said. “However, we still see an influx of people who visit the branch to do their banking as well.”
The Tunkhannock location will also feature a Youth savings account for children of any age. This account is free to open and help manage the children’s finances.
The bank’s hours are Monday through Thursday 8:30 a.m. to 5 p.m., Fridays from 8:30 a.m. to 6 p.m. and Saturdays from 8:30 a.m. to noon.
“We want to accommodate both the traditional style of banking and electronically savvy people,” Farr said. “We help solve local needs of local customers.”