2021 News and Information

Congratulations to Kate Bryant, SVP, Chief Financial Officer of The Honesdale National Bank! Kate has been recognized as one of the Business Journal's Top 25 Women in Northeastern Pennsylvania! The full article can be found at https://bit.ly/30qmaBa

 

Honesdale, PA – David Raven, President and CEO of The Honesdale National Bank, announced Greg Gula has been promoted to VP, Chief Credit Officer.

In making the statement, Raven noted, “Greg  has played a significant role in supporting the Bank’s asset quality and enabling the stability of our lending portfolio. We are confident that Greg will continue to contribute to a bright future for HNB and ensure excellent support for the needs of our customers.”

Prior to the promotion, Gula served as VP, Credit Administration Manager, managing credit related services to facilitate needs of bank employees and customers.

Gula began his career with HNB in 2010, and he will continue to mitigate the distribution of bank loans along with other tasks surrounding loan portfolio management in the department.

Commenting on his role at HNB, Gula noted, “Moving into this position affords me the opportunity to help move the bank forward, accepting new challenges and opportunities while remaining true to the solid foundation laid by my predecessors.”

Gula is a graduate of West Scranton High School and attended Penn State University.

In his 42 years of banking experience, he has worked mainly in the lending related areas of several regional banks. He has also completed numerous banking courses, training sessions and workshops. His profession allowed the attendance of seminars relating to commercial lending, financial statement analysis, loan documentation and loan loss reserve allowance calculations. 

The Honesdale National Bank, established in 1836, holds the distinction of being the area’s oldest independent community bank headquartered in Northeastern PA, with offices in Wayne, Pike, Susquehanna, Lackawanna and Luzerne Counties.  The Honesdale National Bank offers personal banking, business banking and wealth solutions.  For more information on HNB’s products and services, visit www.hnbbank.bank.

Honesdale, PA – The Honesdale National Bank Foundation extended its support to the community with a $10,000 donation to the Wayne Pike Trails & Waterways Alliance. The funds will specifically support the three river access projects along the Lackawaxen River in Honesdale and White Mills, and the grants submitted to the PA Fish & Boat Commission to improve those sites for anglers and paddlers.

HNB President & CEO David Raven stated, “The Foundation is pleased to support this project since it benefits all who choose to visit Honesdale and the surrounding area.” He then mentioned, “this development cares for our local economy, members of our community, recreational opportunities, and most importantly, our environment.”

The Wayne & Pike Trails & Waterways Alliance (WPTWA) is a group of people who envision an intercounty system of connected land and water trails. They believe that these trails will be truly life-changing for local residents, improving our quality of life, as well as inspiring for visitors and advantageous for our economy. The long-term vision has been called a legacy project, one that transforms our corner of Pennsylvania for generations to come, impacting our health and well-being, our natural assets, and our sense of history and community.

The Alliance is a consortium of four groups with a common goal. The Stourbridge Rail and Trail group, along with the Honesdale River Project and HonesTrails, the Wallenpaupack Trails, and Lock 31 Group.

The Honesdale National Bank Foundation is a 501(c)3 entity established by The Honesdale National Bank to engage in community giving initiatives that foster the area’s growth and resources as it has remained committed to since its founding in 1836. The Foundation’s aims to fulfill that mission through initiatives that support the sustainability and strengthening of resources and programming that make local communities thrive and remain desirable places to live, work, and play. The mission will be upheld through the provision of funding for public charities, institutions, schools and other not-for-profit organizations throughout our local area.

The Honesdale National Bank (HNB), established in 1836, is a subsidiary of Honat Bancorp, Inc. HNB holds the distinction of being the area’s oldest independent community bank headquartered in Northeastern PA, with offices in Wayne, Pike, Susquehanna, Lackawanna and Luzerne Counties.  The Honesdale National Bank offers personal banking, business banking and wealth solutions.  For more information on HNB’s products and services, visit www.hnbbank.bank. HNB is a Member FDIC and Equal Housing Lender. NMLS ID # 446237.

The Pennsylvania Council on Financial Literacy (PennCFL) provides to all students in grades 3-12 in Pennsylvania a world-class, web-based stock simulation platform and curriculum. Students can learn how to trade all year long by using the whole curriculum, courses, and more, including two ten-week competitions. The competitions are held in the classroom, by county and state-wide.

The platform provides lessons, assignments, and grading for seamless teacher management. The cutting-edge, real-time stock game is derived from Stock-Trak's University Platform, which is used in over 80% of the top business schools in the United States.

Teachers and students get access to our extensive experiential education teaching and learning tool designed by Stock-Trak, the world’s leading provider of investment portfolio simulations for colleges and schools. It offers an entire standards-aligned curriculum library and a distance learning-optimized lesson plan database which includes a Google Slides presentation library, teacher training webinars, a student video library, a full personal finance course and a teacher’s dashboard for student assignments, progress reports, and grading.

The Honesdale National Bank, established in 1836, holds the distinction of being the area’s oldest independent community bank headquartered in Northeastern PA, with twelve offices in Wayne, Pike, Susquehanna, Lackawanna, and Luzerne Counties. The Honesdale National Bank offers personal banking, business banking and wealth solutions. For more information on HNB’s products and services, visit www.hnbbank.bank.

Pennsylvania Council on Financial Literacy (PennCFL) is a 501(c)3 organization and approved by Pennsylvania's Department of Community & Economic Development as an Educational Improvement Organization. PennCFL sponsors financial competitions and entrepreneurial programs resulting in over 20,000 students in Pennsylvania. Training and support are provided to hundreds of teachers.

Our mission is to provide Pennsylvania’s K-12 students with economics, personal finance, and entrepreneurship skills that elevate their standard of living, quality of life, and professional success. We showcase exceptional talent across the state, from business, education, and government.

Our nonprofit organization is passionate about teaching young people solid financial management skills. Pennsylvania is one of the most rural states in the country because it is largely made up of small towns and rural communities. Many families here struggle to make ends meet. Our goal is to break that pattern by instilling a firm sense of financial competency and responsibility in the next generation.
Our goal is to be the leader in K-12 financial literacy and entrepreneurship education. For additional information, please contact Alan Dakey, President at ADakey@penncfl.org or Carolyn Shirk, Vice President CShirk@penncfl.org, call 570-975-5149 or visit us at www.penncfl.org.