- CEO
- Katherine Bryant
- Full Time Employees
- 178
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- The Honesdale National Bank Honesdale PA United States of America 18431
- IPO Date
- Jan 8, 2021
- Business
- Honat Bancorp, Inc. (HONT) operates as the holding company for The Honesdale National Bank, which provides personal and business banking, wealth management, and trust services to customers in Northeastern Pennsylvania and the Southern Tier counties of New York. The bank offers deposit products including checking accounts, savings accounts, money market deposits, club accounts, certificates of deposit, and individual retirement accounts; consumer loans such as personal installment loans, lifeline personal lines of credit, home equity loans and lines of credit, student loans, and auto loans; mortgage services through its dedicated HNB Mortgage Center in Wilkes-Barre; business loans, cash management, merchant services, cards and payments; digital banking; debit and credit cards; and financial services encompassing investments, retirement planning, 401(k) rollovers, IRAs, 529 educational savings plans, life and disability insurance, long-term care, stocks and bonds, fixed and variable annuities, and wealth management via HNB Financial Group. It maintains thirteen full-service offices across Wayne, Lackawanna, Luzerne, Pike, and Susquehanna counties in Pennsylvania. Founded in 1836 and headquartered in Honesdale, Pennsylvania, the company serves retail, commercial, and institutional clients through its regional banking segment.
Recent developments include a 5.6% increase in its quarterly dividend over the fourth quarter of 2024, reflecting sustained shareholder returns; leadership transition with Thomas E. Sheridan, Jr. retiring as President and CEO in February 2025 and Kate Bryant succeeding as the bank's first female President and CEO; promotions such as Marlie Martines to Vice President and Chief Risk Officer in 2024, Donna Rinehimer to Vice President of Mortgage Operations, and further advancements in 2025 including Judy Flaherty to Vice President Loan Closing Manager and Lacey Churmblo to Vice President Controller; new hires like Brandon Brown as Vice President Commercial Lender and Jessica Spare as Vice President Commercial Loan Officer; and the renovation of its Route 6 office in Honesdale completed in May 2025 to enhance customer accessibility and service efficiency.