The Victory Bank

What The Victory Bank does

The Victory Bank operated as a Pennsylvania-based community bank providing personal and business banking services under parent holding company Victory Bancorp, Inc. Founded around 2006 and headquartered in Montgomery County, the bank served individual consumers and small-to-medium-sized businesses through a horizontal segment approach spanning retail deposits, consumer lending, and commercial banking. The bank generated revenue primarily through net interest income ($3.82M in Q4 2025, up from $3.40M in Q4 2024) supported by disciplined balance sheet management and reduced funding costs, with supplementary non-interest fee income from banking services.

The bank's core product set included deposit products (checking, savings), consumer and commercial lending (mortgages, home equity, auto, business loans), and cash management solutions for businesses. Distribution was branch-based within the Pennsylvania region, including a strategic new branch in Horsham during 2025, combined with community-event-driven marketing and local relationship banking. The technology stack was standard commercial banking infrastructure; the firm had 11-50 employees and serviced deposits of $412.2M as of Q4 2025 with 0.00% nonperforming assets and 0.01% net charge-offs, demonstrating strong credit quality.

In October 2025, Victory Bancorp announced a merger with QNB Corp. (NASDAQ: QNBC), creating a combined bank holding company with nearly $2.4B in assets. The transaction closed with a full system conversion on June 22, 2026, transferring all Victory Bank accounts, loans, and services to QNB Bank and ending Victory's operation as an independent franchise. Prior to the merger, the company had raised capital via a $4.65M subordinated notes private placement in December 2024 and a prior ~$10M round in mid-2020.

Name

The Victory Bank

Legal name

Victory Bancorp, Inc.

Website

https://victorybank.com

Company type

Private

Founded year

2006

Operating status

Acquired

Headcount range

11–50 employees

Short description

The Victory Bank was a Pennsylvania-based community bank serving individual consumers and small-to-medium-sized businesses with deposit products, commercial and consumer lending, and cash management services until its 2026 merger with QNB Corp.

Ownership category

akta.pro rank

Headquarters

HQ city

Montgomery

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Net Interest Income: Interest earned on loans and securities minus interest paid on deposits. The primary revenue driver, reaching $3.82 million in Q4 2025 compared to $3.40 million in Q4 2024, driven by disciplined balance sheet management and reduced funding costs.
2. Fee-based Income: Non-interest income from banking services and fees.

Pricing tiers

Distribution channels2 records

Marketing channels2 records

Core offering

The Victory Bank was a Pennsylvania-based community bank offering personal and business deposit products, consumer lending (mortgages, home equity, auto, credit cards), and commercial banking services including loans, treasury cash management, and merchant services. Revenue was driven primarily by net interest income on its loan and securities portfolio funded by $412.2 million in deposits, with non-interest banking fees as a secondary stream.

Product overview

Victory Bank operated as a regional community bank providing personal and business banking services. The company offered deposit products (checking and savings accounts), lending services (mortgages, home equity, auto loans, business loans), and digital banking capabilities. Following the merger with QNB Corp announced in October 2025 and completed in June 2026, Victory Bank's customer accounts, loans, and services have been fully converted to QNB Bank's platform. The combined entity operates under the QNB Bank brand with nearly $2.4 billion in assets.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking and Savings Accounts Core consumer deposit products (checking and savings) for individual customers in Pennsylvania, supported by online and mobile banking access.
• Consumer Lending (Mortgage, Home Equity, Auto, Personal Loans, Credit Cards) Personal credit products including mortgages, home equity lines, auto loans, personal loans, and personal credit cards for individual borrowers.
• Business Checking and Business Savings Accounts Operating deposit accounts for small and mid-sized businesses, used for daily cash management, vendor payments, and treasury activity.
• Commercial and Business Lending Commercial loans, lines of credit, and business credit facilities offered to small and mid-sized commercial borrowers, with local credit decisioning.
• Cash Management Services (ACH, Remote Deposit, Positive Pay, Wire Transfers, Lockbox, Merchant Services) Treasury and cash management tools for business banking customers, including ACH origination, remote deposit capture, positive pay fraud prevention, wire transfers, lockbox, and merchant card services.
• Online and Mobile Banking (QNB Mobile Banking App) Online banking portal and mobile banking application enabling personal and business customers to view accounts, transfer funds, deposit checks, and pay bills digitally.
• HSA, Youth, and Retirement Accounts (HSAs, Youth Accounts, IRAs) Health Savings Accounts, youth savings/checking accounts, and Individual Retirement Accounts (IRAs) offered to personal banking customers.

Quantifiable outcome

• Deposits grew to $412.2 million from $397.1 million year-over-year
• +2 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• QNB CorpflagshipStrategic or Co-development Partner · 1 October 2025Merger agreement between QNB Corp and Victory Bancorp creating a bank holding company with nearly $2.4 billion in assets. The merger aims to enhance long-term growth through combined operational performance, growth in net interest income, and expanded customer deposits. The merger was expected to close in late 2025 or early 2026.

Scale indicators6 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Republic First Bancorp: Pennsylvania-based community commercial bank serving small businesses and consumers with deposit, lending, and treasury products. Directly comparable community bank model and PA market overlap.
• Univest Financial Corporation: Pennsylvania-based bank holding company with similar community/commercial banking focus across PA markets. Comparable in asset size and product mix (deposits, commercial lending, mortgages).
• QNB Corp: Pennsylvania-based community bank holding company and the acquirer of Victory Bancorp in 2025. Operates in the same regional footprint with overlapping personal and commercial banking products; most directly comparable peer in scale and geography.
• Norwood Financial Corp: Pennsylvania-based community bank holding company offering deposit, lending, and treasury products. Comparable community bank model, similar asset size range, and overlapping PA market presence.
• Bryn Mawr Bank Corporation: Pennsylvania-based bank holding company with community banking and wealth management services. Similar full-service community banking model with comparable customer segments and PA geographic exposure.
• William Penn Bancorp: Pennsylvania-based community bank focused on consumer and small business banking. Comparable community banking footprint with similar deposit and lending profile.
• Fidelity D&D Bancorp: Pennsylvania-based community bank holding company providing personal and business banking services. Similar size, structure, and community banking approach with PA market overlap.

Broad incumbents

• Citizens Financial Group: Major regional bank with significant Pennsylvania presence offering full-service commercial and consumer banking. Larger competitor that pressures community bank deposit and loan pricing in PA markets.
• Fulton Financial Corporation: Large Pennsylvania-based bank holding company operating community and commercial banking across multiple Mid-Atlantic states. Broader portfolio but overlapping PA market presence and competitive pressure on community bank peers.

Regional players

• First Bank (NJ): New Jersey-based community commercial bank with similar small/mid-market business banking focus and asset size tier. Comparable community banking model serving adjacent Mid-Atlantic markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/the-victory-bank

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Victory Bank