The First National Bank and Trust Company of Newtown

What The First National Bank and Trust Company of Newtown does

The First National Bank and Trust Company of Newtown (also operating as "The First" or "FNBN") is an independent community bank founded in 1864 and headquartered at 40 South State Street in Newtown, Pennsylvania. It operates 11 branch locations across Bucks County in southeastern Pennsylvania (Doylestown, Fairless Hills, Jamison, Langhorne, Newtown, Richboro, Solebury/New Hope, Warminster, Washington Crossing, and Wrightstown), plus a dedicated Trust and Wealth Management Division office operating since 1928. The bank is chartered as a national bank regulated by the Office of the Comptroller of the Currency (OCC), is FDIC-insured, and is privately held with no parent company or institutional investors.

The bank delivers a comprehensive full-service retail and commercial banking product suite organized across four pillars: personal banking (seven checking tiers including Free, Premium, Interest Plus, Money Market, Student, Military, and Senior; savings vehicles including CDs, IRAs, and Education Savings; home loans including fixed/ARMs, HELOCs, and construction; personal installment and vehicle loans; and credit/debit cards), business banking (checking tiers for for-profit and non-profit businesses, savings, cash management with ACH origination and wires, and a credit card processing vertical introduced in 1978), wealth management (investment management, financial planning, trust administration, estate planning), and digital banking (online platform, iOS/Android mobile app, mobile deposit, Card Hub fraud controls, biometric sign-in, Zelle P2P, and Apple/Google/Samsung Pay). Core technology relies on third-party providers including Fiserv for uChoose Rewards and card processing integrations, ACI for the online banking platform, Early Warning Services for Zelle, and Elan Financial Services for credit card issuance.

The revenue model is that of a traditional community bank: net interest income from local deposit-funded lending (mortgages, home equity, vehicle, personal, commercial), recurring account fees and service charges (overdraft at $35, wires at $10-40, monthly maintenance fees on Premium/Interest Plus/Money Market checking), wealth management fees on investment and trust services, and merchant processing fees from the credit card processing business. Distribution is multi-channel: 11 branches as primary touchpoints, complemented by digital self-service, telephone banking (PhoneFirst 24/7), and direct in-branch lending officer relationships. Customers are segmented as individual consumers (including students, seniors, and military), small-to-medium businesses, wealth management clients, and education savers, with no disclosed concentration and a horizontally segmented approach.

Name

The First National Bank and Trust Company of Newtown

Legal name

The First National Bank and Trust Company of Newtown

Website

https://fnbn.com

Company type

Private

Founded year

1864

Operating status

Operating

Headcount range

51–100 employees

Short description

The First National Bank and Trust Company of Newtown is an independent community bank founded in 1864, operating 11 branches throughout Bucks County, Pennsylvania. It provides personal and business checking, savings, mortgage and consumer loans, merchant credit card processing, and wealth management services to consumers, small-to-medium businesses, and high-net-worth individuals in southeastern Pennsylvania.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211), Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (522180)

SIC

National Commercial Banks (6021), Savings Institution, Federally Chartered (6035)

akta.pro industry

PRIMARYFSABAAAA

Mass-Market Consumer Deposit Banking (Checking/Savings)

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Retail Banking

SECONDARYFSABAAAE

Branch & In-Person Banking (Teller/ATM Networks)

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Retail Banking

Keywords

• Retail banking services
• Community banking
• Commercial lending
• Wealth management services
• Merchant payment processing

Headquarters

HQ city

Newtown

HQ country

United States

HQ region

North America

Offices12 records

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 income earned on loans including home loans, home equity loans, personal loans, vehicle loans, and commercial loans. Deposits are reinvested into local mortgages and business loans. Interest rates on various loan products range from 6.00% APR for home equity loans to 11-12% for used vehicle loans.
2. Account Fees and Service Charges: Monthly maintenance fees on checking and savings accounts (e.g., $10/month for Premium Checking if balance falls below minimum, $12/month for Money Market if below $2,500). Various transaction fees including overdraft fees ($35), wire transfer fees ($40 outgoing, $10 incoming), and stop payment fees ($35).
3. Credit Card Processing: Merchant services including credit and debit card processing for businesses since 1978. Revenue from transaction fees and equipment services. Processing options include 3% surcharge and dual pricing models.
4. Wealth Management Services: Investment management, financial planning, trust services, and estate administration through the Wealth Management Division. Services include Portfolio management, retirement planning, and trust administration.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels4 records

Core offering

The First National Bank and Trust Company of Newtown is an independent community bank that provides a full suite of personal and business banking services through 11 branches in Bucks County, Pennsylvania. Offerings span checking accounts, savings accounts, certificates of deposit, residential mortgages, home equity loans/lines, personal installment loans, vehicle loans, student loans, credit and debit cards, business checking/savings, business installment and commercial loans, merchant card processing, and trust and wealth management services. Digital channels include online banking, iOS/Android mobile app with mobile deposit, Card Hub card management, Zelle P2P, and Apple/Google/Samsung Pay.

Product overview

The First National Bank and Trust Company of Newtown is an independent community bank serving Bucks County, Pennsylvania since 1864. The company operates 11 branch locations and offers a comprehensive suite of banking products organized into five main categories: Personal Banking (checking, savings, home loans, personal loans, and credit/debit cards), Business Banking (checking, savings, merchant services, and business loans), Wealth Management (investment management, financial planning, trust services, and estate administration), and Digital Banking (online banking, mobile banking, mobile deposits, Card Hub fraud protection, and mobile payments). The bank emphasizes its independent status, local decision-making, and community reinvestment as differentiators versus larger national banks.

Differentiator

Problem solved

Functional benefit

Products and services

• Free Checking Personal checking account with no monthly fee and no minimum balance, bundled with free Online Banking, Mobile Banking, Mobile Deposit, debit card, and PhoneFirst. Targeted at everyday consumer customers.
• Premium Checking Personal checking with Visa Rewards Debit Card, free standard checks, $100 credit toward mortgage closing costs, free safe deposit box, and $10 monthly fee waived at $400 minimum or under combination rules.
• Interest Plus Checking Interest-bearing personal checking earning 0.05% APY on balances of $5,000+, with $200 mortgage credit, free initial wealth management consultation, and free safe deposit box; $15 monthly fee if below $5,000 minimum.
• Money Market Checking Personal checking with tiered money market rates (0.10% APY up to $49,999.99 and 0.15% APY at $50,000+), six transfers per month and $12 monthly fee if below $2,500.
• Student Checking No-fee, no-minimum personal checking for students, with free Visa debit card, free PhoneFirst, and first box of checks free.
• Military Checking Premium-style personal checking for active military service members with no minimum balance, no monthly fees, unlimited transactions, and full Premium Checking benefits.
• Senior Checking Premium-style personal checking for customers age 62+, with no minimum balance, no monthly fees, uChoose Rewards Visa Debit Card, free checks, and full Premium Checking benefits.
• Statement Savings Personal savings account with competitive rates; requires $100 minimum to earn interest; ATM card access available for $1/month and free online banking with monthly statements.
• Money Market Savings Personal savings with tiered money market rates, $2,500 minimum balance, six free transfers per month, and unlimited teller-window cash withdrawals.
• KidsFirst Savings Youth savings account for children ages 0-18 opened with a parent or legal guardian; requires $1 to open, no minimum balance, no monthly fees, and earns interest on balances $50+.
• Special Purpose Savings Club Goal-oriented savings account with flexible terms up to five years; requires $5 to start, earns interest, and includes a convenient coupon book.
• Holiday Savings Club Savings account designed to accumulate holiday funds (also called Christmas Club); $5 minimum to start, earns interest, with check mailed in September.
• Education Savings Account Tax-advantaged savings for qualified higher education expenses; $2,000/year maximum per child under 18; available as fixed or variable rate accounts.
• IRA Savings Traditional or Roth IRA with tax-advantaged retirement savings; fixed-rate account with terms from 6 to 60 months; no bank penalties for withdrawals (IRS rules may apply before age 59½).
• Certificates of Deposit FDIC-insured CDs requiring $500 minimum to open; terms from 90 days to 5 years; fixed, variable, or adjustable rates (90-day 0.10% APY up to 60-month 0.95% APY); auto-renews at maturity.
• Home Equity Loans Fixed-rate term loans secured by home equity with APRs ranging from 6.00% (36 months) to 7.24% (240 months) and terms 36-240 months.
• Home Equity Line of Credit (HELOC) Variable-rate revolving line tied to WSJ Prime with a 10-year draw period; interest-only on funds used; accessible via HELOC Access Card or online banking transfers.
• Residential Mortgages Home purchase and refinance loans in fixed or ARM options; fixed at 6.00% (15-year), 6.25% (20-year), 6.75% (30-year); ARMs include 7/1, 10/1, 15/1, 20/1.
• First Time Homebuyer Loans Program for qualified first-time homebuyers with limited income, with as little as 5% down and up to a 30-year term; requires completion of a credit counseling program.
• Construction Loans Loans for new home construction or renovation, based on after-completion property value, allowing homeowners to fund projects without existing equity.
• Personal Installment Loans Unsecured fixed-rate term loans for vacations, debt consolidation, home improvements, or major purchases; 14% APR for terms up to 36 months on loans over $1,000.
• Personal Line of Credit Flexible revolving personal line usable for overdraft protection and unexpected expenses; can be unsecured or secured by deposit, CD, stocks, or real estate; terms up to 36 months.
• New Vehicle Loans Financing for new vehicles with 7.5% APR for up to 60-month terms with 25% down.
• Used Vehicle Loans Used-vehicle financing tiered by vehicle age: up to 2-year-old at 9% APR for 48 months with 30% down; up to 5-year-old at 11% APR for 24 months with 50% down.
• Student Loans Private student loans through the PA Forward Student Loan Program (PHEAA) for undergraduate, graduate, parent, and refinance; no application or origination fees, low fixed rates, and multiple repayment options.
• Credit Cards Four consumer credit card options to pay down balances, earn cash back, rewards, or build credit; issued and serviced by Elan Financial Services with zero fraud liability and 24/7 cardmember service.
• Visa Debit Card Worldwide-accepting Visa debit card providing direct access to checking-account funds for purchases and ATM withdrawals.
• Visa Gift Cards Prepaid Visa gift cards in amounts up to $1,000 with $3.95 activation fee for non-customers; valid only in the U.S.
• ATM Cards ATM-only card for cash withdrawals, deposits, account inquiries, and transfers between linked checking and savings; no fee at FNBN ATMs.
• Visa Rewards Debit Card Rewards-enabled Visa Debit Card available to Premium, Interest Plus, and Money Market checking customers; earns points redeemable through the uChoose Rewards program.
• Business First Checking Business checking with no minimum balance, free for the first year, then $10/month for 20 processed checks, with Business Visa Debit Card and free online banking.
• Regular Business Checking Business checking requiring $1,500 average monthly balance, no per-deposit fee, no charge for processed checks, Business Visa Debit Card, and $7 monthly fee if balance falls below minimum.
• Non-Profit Checking Free business checking for non-profit organizations with no minimum balance, no fees, easy account access, and Business Visa Debit Card.
• Business Savings Interest-earning business savings account with low minimum balance, optional ATM card access, and FDIC-insured deposit protection for excess business funds.
• Corporate Cash Management Business cash management covering wire transfers, EFTPS tax payments, direct deposit management, ACH originations, payroll management, and security controls for multiple users.
• Credit Card Processing Merchant services accepting VISA, MasterCard, American Express, Discover, and debit cards via swipe terminal, telephone, smartphone, tablet, PC, POS, and internet; offered since 1978 with 3% surcharge and dual-pricing options.
• Credit Card Processing Products Payment processing equipment including retail and restaurant terminals, mobile/Bluetooth EMV readers, wireless handheld terminals, and cloud-based POS with QuickBooks integration.
• Business Installment Loans Working-capital loans for permanent capital needs or expansion, with competitive fixed rates, terms up to 120 months, fixed monthly payments, and optional automatic deduction.
• Commercial Vehicle Loans Financing for business vehicles (new and used cars and trucks) with terms up to 60 months for new vehicles and low fixed rates.
• Commercial Mortgage Loans Financing for purchase, renovation, or refinance of commercial properties including office space, warehouses, or retail stores; preserves cash assets while enabling property acquisition.
• Commercial Construction Loans Loans for commercial facility expansion or new construction, including for home builders of single and multi-home projects; option to combine construction and permanent mortgage into one settlement.
• Commercial Lines of Credit Flexible revolving business credit lines for managing cash flow needs; designed to be more adaptable than term loans.
• Commercial Letters of Credit Commercial letters of credit that guarantee payment to business partners upon specified conditions being met.
• Wealth Management Comprehensive wealth management including investment management, financial planning, trust services, and estate administration; delivered from the dedicated Wealth Management Division in Newtown Borough since 1928.
• Online Banking Digital banking platform providing 24/7 account access, bill pay, transfers, check imaging, mobile deposits, Zelle P2P payments, and Personal Finance Manager with a unified login across desktop and mobile.
• Mobile Banking Mobile banking app for iOS and Android providing account access, money transfers, bill payment, mobile deposits, biometric sign-in, Fast Balance, Card Hub, and Zelle from smartphones and tablets.
• PhoneFirst Banking 24-hour telephone banking system (215-860-4580, toll-free 877-968-3626) for account information, balance inquiries, check tracking, transfers between accounts, and loan payments.

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered minor and core.

• PA Forward Student Loan Program (PHEAA)minorChannel Partner/ Reseller/ DistributorThe bank offers PA Forward Student Loans through the Pennsylvania Higher Education Assistance Agency (PHEAA), providing undergraduate, graduate, parent, and refinance loan options for Bucks County students and families. No application or origination fees, low fixed rates, multiple repayment options.
• CheckFreecoreTechnology or IntegrationThird-party bill payment processor providing online Billpayer service for customers to pay bills through internet. Processes payments electronically or via paper check drawn on customer accounts.
• Treasury DirectminorChannel Partner/ Reseller/ DistributorCustomers referred to Treasury Direct website for purchasing U.S. Savings Bonds. Bonds make great gifts and provide tax-advantaged savings with interest exempt from state and local income taxes.
• Ironwood (Credit Card Processing)coreTechnology or IntegrationCredit card processing equipment provider and customer service support. Provides processing terminals, troubleshooting, and merchant services support for business customers.
• Fiserv, Inc.coreTechnology or IntegrationProvider of uChoose Rewards program for VISA Rewards Debit Card holders. Points earned on everyday purchases redeemable for gift cards, merchandise, travel, and cash back.
• Early Warning Services (Zelle)coreTechnology or IntegrationZelle peer-to-peer payment service integrated into mobile banking app, providing fast, safe, and easy money transfers to friends, family, and others.
• Elan Financial ServicescoreTechnology or IntegrationCredit card issuer and servicer providing zero fraud liability, cardmember service 24/7, and card processing for The First's credit card products.
• Visa, MasterCard, American Express, DiscovercoreTechnology or IntegrationCard networks enabling acceptance of credit and debit cards at merchants and ATMs worldwide. Supports contactless payments and digital wallet integration.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Penn Community Bank: Penn Community Bank is a Bucks County-headquartered community bank competing directly with FNBN for retail, small business, and mortgage customers in the same geographic market.
• WSFS Financial Corporation: WSFS Bank operates a large branch network across the Philadelphia region including Bucks County, offering consumer and business banking with comparable community-bank positioning and product mix.
• Univest Financial Corporation: Univest is a Pennsylvania-based independent community bank offering personal, business, and wealth management services across southeastern Pennsylvania, directly competing with FNBN for the same Bucks County deposit and lending customers.
• First Keystone Community Bank: First Keystone is an independent Pennsylvania community bank offering similar consumer, mortgage, and commercial lending products across a comparable small-city footprint in eastern PA.
• Fulton Financial Corporation: Fulton Bank is a Pennsylvania-headquartered community bank with branches across Bucks County and surrounding counties, offering nearly identical deposit, mortgage, and commercial lending products to the same target customers.

Regional players

• Customers Bank: Customers Bank is a Pennsylvania-chartered commercial bank with a strong digital and commercial lending franchise overlapping with FNBN's Bucks County business banking customer base.
• Meridian Bank: Meridian Bank is a southeastern Pennsylvania community bank offering personal, business, and mortgage products with overlapping customer demographics and competitive lending products in the FNBN catchment.

Broad incumbents

• Citizens Financial Group: Citizens is a large regional bank with deep branch presence across Pennsylvania and the broader Northeast, offering comparable checking, savings, mortgage, and wealth products to FNBN's mass-market and small business customers.
• Truist Financial Corporation: Truist is a top-10 US bank with extensive branch presence in Bucks County through the former BB&T and SunTrust network, competing for the same consumer, mortgage, and commercial deposits as FNBN.

Emerging players

• Tompkins Community Bank: Tompkins is a northeastern US community bank with personal and business banking services comparable in product mix and community-bank positioning, although its primary footprint lies outside Pennsylvania.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/fnbnewtown
• YouTubeyoutube.com/@TheFirstFNB
• Facebookfacebook.com/fnbnewtown
• LinkedInlinkedin.com/company/1790321
• Instagraminstagram.com/thefirstnationalbankofnewtown

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

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 First National Bank and Trust Company of Newtown