Penn Community Bank has named Charles Field president and chief financial officer, effective 27 March 2026, in a change to its executive leadership structure that the bank said is designed to strengthen alignment between strategy, operations and financial performance as it continues to grow.
Field, who has been serving as the bank's chief financial officer, now adds the title of president. In the expanded role, he will continue to serve as CFO while also overseeing the execution of enterprise-wide strategic initiatives and operational plans across the organisation. Jeane Vidoni continues as chief executive officer, retaining responsibility for the bank's strategic direction, long-term growth and overall financial performance.
Vidoni said Field's ability to translate strategy into execution made him well suited to the expanded role, adding that the new structure would allow the bank to scale while remaining grounded in its values of independence, community impact and a focus on relationships.
MUTUAL STRUCTURE
“As the largest mutual bank in eastern Pennsylvania, our structure allows us to think long-term and act in the best interests of our team members, customers and communities,” said Ross Choate, chair of the board of directors.
“This leadership evolution strengthens an already exceptional leadership team and positions Penn Community Bank to continue delivering the capabilities of a large financial institution while preserving the culture, relationships, and local decision-making that define community banking,” Choate said.
Penn Community Bank is an independent mutual institution and is not publicly traded. It has about $3 billion in assets and more than 300 employees, and serves Bucks, Montgomery, Philadelphia, Lehigh and Northampton counties in Pennsylvania.
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