Jonestown Bank & Trust Co.

What Jonestown Bank & Trust Co. does

Jonestown Bank & Trust Co. (JBT) is a Pennsylvania state-chartered community bank founded on May 17, 1873, and headquartered at 2 West Market Street, Jonestown, PA. The bank operates 12 full-service branches across Lebanon County and adjacent markets in Berks and Lancaster Counties (including Robesonia, Ephrata, Lititz-coming soon, Cleona, Cornwall, Grantville, Lebanon, Manheim, Newmanstown, and Palmyra), plus an off-branch ATM network at retail locations. It is the operating subsidiary of publicly-traded holding company JBT Bancorp, Inc. (OTC: JBTC). JBT serves retail consumers, small and medium businesses, municipalities, and cannabis-related businesses through a three-pillar platform: Personal Banking (checking tiers, savings, CDs, IRAs, mortgages, HELOC, personal/auto/credit-builder loans), Business Banking (checking, loans, treasury management, credit/debit cards), and Digital Banking (online/mobile platform with bill pay, mobile deposit, card management, Zelle, and two-factor authentication). The bank also offers deposit-insurance extension services through IntraFi's CDARS and ICS networks.

The bank's revenue model is dominated by net interest income from its loan portfolio and securities portfolio, supplemented by deposit account fees (e.g., $39 overdraft/NSF, $15-$40 wires), service charges (e.g., $7/month on Preferred Checking below $1,500), interchange from Visa debit and Elan-issued business credit cards, and trust/fiduciary services historically enabled by its 1928 trust charter. Distribution is multi-channel: physical branches, a 24-hour phone banking line, online and mobile self-service, four dedicated mortgage originators, and a digital lending center powered by Ellie Mae. Marketing relies on community involvement (directors and staff participation in local organizations), TV commercials for remote banking, Facebook/LinkedIn presence, and a content site with Dinkytown financial calculators and educational resources.

Operationally, JBT reported a 23% year-over-year earnings increase in Q3 2025 alongside a dividend increase announcement. Governance and regulatory positioning are notable: CEO Troy A. Peters sits on the Philadelphia Fed's Community Depository Institutions Advisory Council and chairs ICBA's Cyber and Data Security Committee. The technology stack is conventional community-bank infrastructure with no disclosed AI/ML capabilities; partners include Visa, Zelle, Elan, IntraFi, Ellie Mae, Deluxe (payment referrals), ProfitStars (loan payments), Paylocity (HR), and Cloudflare. Historical milestones include name change to Jonestown Bank and Trust Company on May 10, 1928, and recorded bank robbery incidents in 1931, 1998, and 2012.

Name

Jonestown Bank & Trust Co.

Legal name

Jonestown Bank & Trust Co.

Website

https://jbt.bank

Company type

Public

Founded year

1873

Operating status

Operating

Headcount range

51–100 employees

Short description

Jonestown Bank & Trust Co. (JBT) is a Pennsylvania state-chartered community bank, founded 1873 and headquartered in Jonestown, PA, operating 12 branches across Lebanon County and adjacent markets as a subsidiary of JBT Bancorp, Inc. (OTC: JBTC). It provides personal banking, small business banking, mortgages, treasury management, and digital banking to retail consumers and SMBs.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Finance and Insurance (52)

SIC

State Commercial Banks (6022)

akta.pro primary industry

High-Net-Worth (HNW) Private Banking (FSABADAB)

Keywords

• Community banking services
• Personal checking accounts
• Mortgage lending
• Small business banking
• Digital banking solutions

Headquarters

HQ city

Jonestown

HQ country

United States

HQ region

North America

Offices12 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Net Interest Income: Interest income generated from loan portfolio (mortgages, personal loans, auto loans, business loans, HELOC) and investment securities, minus interest paid on deposits. Primary revenue driver with 23% year-over-year increase in Q3 2025.
2. Deposit Account Fees: Overdraft fees ($39 per item), NSF returned item fees ($39), account reconciliation/research ($25/hour minimum), dormant account fees ($5/month), stop payments ($35), wire transfer fees ($15-$40 domestic/international).
3. Service Charges: Monthly service charges on certain accounts (e.g., $7 for Preferred Checking if balance below $1,500), check printing fees, replacement debit/ATM cards ($10), statement copies, money orders ($10), treasurer's checks ($15).
4. Trust Services: Fiduciary and trust services, including Individual Retirement Accounts (IRAs), wealth management services historically offered since 1928 charter.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Jonestown Bank & Trust Co. (JBT) is a Pennsylvania state-chartered community bank providing personal and business banking services through 12 branch locations across Lebanon County and surrounding areas. Core offerings include checking and savings accounts, certificates of deposit, IRAs, residential mortgages, home equity lines of credit, personal and auto loans, business checking, treasury management, and a digital banking platform with mobile deposit, bill pay, Zelle, and digital wallet support.

Product overview

Jonestown Bank & Trust Co. (JBT) offers a comprehensive community banking platform organized into three main divisions: Personal Banking, Business Banking, and Digital Banking Services. Personal Banking includes multiple checking account tiers (JBT Free Checking, JBT Direct Interest Checking, JBT Preferred Interest Checking, JBT 50+ Interest Checking), savings products (Statement Savings, Prime Money Market, Young Investors Savings, IRAs, CDs), and lending products (Home Mortgages, HELOC, Personal Loans, Credit Builder Loans, Auto Loans, JBT CashPlease). Business Banking offers checking accounts, business loans, treasury management, and business credit/debit cards. Digital Banking Services provides online/mobile banking, bill pay, card management, and mobile deposit. JBT also provides deposit insurance services through CDARS and ICS for coverage beyond FDIC limits, all accessible through 12 physical branch locations across Pennsylvania.

Differentiator

Problem solved

Functional benefit

Products and services

• JBT Free Checking Basic personal checking account with no minimum balance and no monthly service charge, includes free Visa Debit Card, digital banking, bill pay, mobile deposit, and first box of standard checks. Minimum opening deposit $50.
• JBT Direct Interest Checking Interest-earning personal checking account with no minimum balance and no monthly service charge. Earns 0.03% APY on all balances when direct deposit or automatic payment is set up.

Quantifiable outcome

• 23% year-over-year increase in Q3 2025 earnings with dividend increase announced
• +2 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• IntraFi Network LLCcoreTechnology or IntegrationProvides CDARS (Certificate of Deposit Account Registry Service) allowing JBT to offer customers FDIC coverage beyond the $250,000 standard maximum by distributing deposits across multiple network banks. Also provides ICS (Insured Cash Sweep) service for similar multi-million dollar FDIC protection on large deposits.
• Visa USA Inc.coreTechnology or IntegrationLicenses Visa debit card technology to JBT for issuance of Visa Debit Cards to customers. JBT issues cards pursuant to license from Visa USA Inc.
• Early Warning Services (Zelle)coreTechnology or IntegrationProvides Zelle real-time payment network integration allowing JBT customers to send and receive money quickly and securely through digital banking.
• Deluxe CorporationminorChannel Partner/ Reseller/ DistributorProvides payment processing and data tools for business customers. JBT refers business customers to Deluxe for payment acceptance solutions including mobile wallets, chip cards, and e-commerce capabilities.
• Elan Financial ServicescoreChannel Partner/ Reseller/ DistributorIssues business credit cards for JBT customers under Visa license. Provides fraud liability protection and 24/7 cardmember service. JBT refers customers to Elan for business credit card products.
• Federal Reserve Bank of PhiladelphiaminorOthersTroy A. Peters, JBT President & CEO, appointed to Community Depository Institutions Advisory Council of the Philadelphia Fed.
• Independent Community Bankers of America (ICBA)minorOthersTroy A. Peters, JBT President & CEO, elected to serve as Chairman of ICBA's Cyber and Data Security Committee, advocating for community banks nationwide.
• Practical Business SkillsminorOthersFree educational resource partner providing small business owners with educational content and interactive tools for managing and growing their businesses. Listed on JBT Small Business Resources page.

Scale indicators3 records

Recent moves2 records

Expansion highlights5 records

Direct peers

• ACNB Corporation: ACNB Corporation (NASDAQ: ACNB) is a south-central Pennsylvania community bank holding company headquartered in Gettysburg, serving Adams, Cumberland, Franklin, Lancaster, Perry and York counties. Highly comparable as a similarly sized PA community bank with personal/business banking, mortgage lending, and trust services.
• Orrstown Financial Services: Orrstown Financial Services (NASDAQ: ORRF) is a Pennsylvania-based community bank serving south-central PA from Harrisburg through Franklin, Cumberland, Perry, Berks, and Lancaster counties. Directly comparable in scale, market geography, and product mix (consumer, business, mortgage).
• Mid Penn Bancorp: Mid Penn Bancorp (NASDAQ: MPB) is a community bank headquartered in Millersburg, PA, with branches across central PA including Dauphin, Cumberland, Snyder, Northumberland, and Berks counties. Similar community-bank model with comparable deposit gathering, mortgage lending, and small-business focus.
• S&T Bank: S&T Bank (NASDAQ: STBA) is a Pennsylvania-based community bank with branches across western and central PA. Comparable as a PA-headquartered community bank serving similar small-business and consumer segments with full-service banking and treasury management.
• Embassy Bank for the Lehigh Valley: Embassy Bank is a privately held PA community bank headquartered in Bethlehem serving the Lehigh Valley. Comparable as a similar-sized community bank with personal/business banking, mortgage, and digital banking offerings in eastern PA.
• Bryn Mawr Bank Corporation: BMTC (NASDAQ: BMTC) is the holding company for The Bank of Montgomery County, Bryn Mawr Trust, and First Keystone Community Bank. Comparable as a PA community bank with strong mortgage and wealth/trust services — JBT's trust and IRA business has a similar profile.
• Peoples Financial Services Corp: Peoples Financial Services Corp (NASDAQ: PFIS) is the holding company for Peoples Security Bank & Trust Company, a community bank headquartered in Scranton, PA, with branches across northeast and central PA. Comparable in size and community banking footprint.

Broad incumbents

• First National Bank of Pennsylvania (FNB Corporation): FNB Corporation (NYSE: FNB) is a diversified financial services company operating one of the largest PA-headquartered branch networks. Overlaps directly in Lebanon County and surrounding markets, but operates at much greater scale with broader product set including wealth management and capital markets.
• Customers Bancorp: Customers Bancorp (NYSE: CUBI) is a PA-chartered bank based in West Reading that operates KYC.com, CB Instant, and other digital banking channels. While offering a community-banking brand in Berks County, it competes across many of the same digital banking and SME lending verticals as JBT.

Regional players

• Tompkins Financial Corporation: Tompkins Financial (NYSE: TMP) is a community-focused bank holding company headquartered in Ithaca, NY, serving the greater Northeast / Mid-Atlantic. Useful comparable on community-bank economics and product breadth, though primarily NY/MA/CT focused.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/bankjbt
• LinkedInlinkedin.com/company/jonestown-bank-&-trust-co-

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Jonestown Bank & Trust Co.