2022 News and Information

Honesdale, PA – The Honesdale National Bank has made a $124,250 contribution to the Wayne County YMCA. The funds will go towards phase one on their construction project which includes, development and completion of engineering design, site development plans, development approvals, sewage, and PennDOT approvals of highway access.

HNB President & CEO, Thomas E. Sheridan Jr., stated, “We are pleased to support our local YMCA as a financial partner forth is impactful project.” He continued, “It is an organization that puts forth a facility and programs for our community, which can be influential for development for generations to come.”

Located at 105 Park Street in Honesdale, and in communities across the nation, the Y is a leading voice on health and well-being. With a mission centered on balance, the Y brings families closer together, encourages good health, and fosters connections through fitness, sports, fun, and shared interests.  As a result, millions of youth, adults, and families are receiving the support, guidance, and resources needed to achieve greater health and well-being for the spirit, mind, and body.

Paul Edwards, board member of the Wayne County YMCA, mentioned, “Every journey begins with a first step. This exciting new building project for the YMCA is a first step in enhancing our services to the local community. It wouldn’t be possible without the support of The Honesdale National Bank. We so appreciate HNB’s community spirit and the great support as we initiate this project.”

The funding has been contributed through the Neighborhood Assistance Program (NAP) managed through the Pennsylvania Department of Community and Economic Development (DCED).

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Honesdale, PA – Thomas E. Sheridan Jr., President, and CEO of The Honesdale National Bank, has announced Cassandra Saul has been promoted to Assistant Branch Manager of Forest City Office.

In making the announcement Sheridan stated, “Cassie is an essential asset to our Forest City and Lakewood team. She brings local knowledge and great customer relationship skills to work with her each day.” He continued, “We look forward to her new responsibilities and continuing to engage in support of our customers.”

As Assistant Branch Manager, Saul will be devoting time to both the HNB Forest City and Lakewood Offices as Rita Leet, Branch Manager, sees fit. She will also be learning about processing loans along with assuming additional daily responsibilities at the office.

She is a graduate of Forest City Reginal School District and resides in Pleasant Mount, PA.

Saul started her career in the banking industry in 2017 with HNB as Part-Time Teller, promoted to Teller/CSR, Head-Teller/CSR and now Assistant Branch Manager of Forest City and Lakewood Offices.

In commenting on her new role at the bank, Saul noted, “HNB has not only helped me to grow in my career, but as a person. Starting out as a Part-Time Teller and working my way to Assistant Branch Manager can show how the bank has many opportunities available.” She continued, “If you are willing to put in the hard work and dedication anything is possible!”

Outside of the bank, she lives on a farm and in May, opened a retail farm store in Pleasant Mount, called Komar Farm and Meats.

Honesdale, PA – Thomas E. Sheridan Jr., President, and CEO of The Honesdale National Bank, has announced Skylar Groover has been promoted to Branch Supervisor of HNB’s Hallstead Office.

In making the announcement Sheridan stated, “Skylar has been an essential part of the HNB Family in our Susquehanna County community.” He continued, “Her local knowledge and ability to adapt to support each and every customer has shown true to her dedication here at HNB.”

As Branch Supervisor, Groover will be responsible for managing the daily operations of the Hallstead Office as well as connecting with customers to understand how to better serve the community.

She is a graduate of Montrose Area High School and is working toward a degree in Marine Science with a focus in Geology.

Groover began her career in the financial industry in 2020 as a part-time teller at HNB. She went on to become a full-time teller, then accepted a position as CSR and now Branch Supervisor.

In commenting on her new role at the bank, Groover noted, “Coming into work at HNB, I had no knowledge of the banking industry, but I never felt like I wasn’t supported.” She continued, “I have been allowed room to grow my knowledge and make mistakes along the way, only to find an amazing group of people ready to lend a hand.”

Outside of the bank, she is a Certified Master Scuba Diver.

Honesdale, PA – Thomas E. Sheridan Jr., President, and CEO of The Honesdale National Bank, has announced Wendy Davis has joined HNB as Branch Supervisor of the HNB Lake Wallenpaupack Office.

In making the announcement Sheridan stated, “Wendy has a superior understanding of the industry and has great influence in the local community.” He continued, “Her skills and expertise will play a huge part of her role to support our customers.”

As Branch Manager, Davis will be responsible for running and growing the Lake Wallenpaupack Branch as effectively and efficiently as possible. She is a graduate of Sullivan County Community College in Loch Sheldrake, NY with a degree in Liberal Arts and Elementary Education. Her previous banking experience was with the most recent Wells Fargo, First National Bank of Pennsylvania (FNB), Wayne Bank, HSBC, Provident Bank, and with her very first job in the industry was with LA Bank.  

In commenting on her new role at the bank, Davis noted, “I am so excited to be here at HNB! After working for other institutions, there is nothing more rewarding than working for a hometown community bank! I feel right at home with HNB!”

Outside of the bank, she is an avid outdoors enthusiast and enjoys volunteering in the community.

The Honesdale National Bank, established in 1836, holds the distinction of being the area’s oldest independent community bank headquartered in Northeastern PA, with offices in Wayne, Pike, Susquehanna, Lackawanna and Luzerne Counties.  The Honesdale National Bank offers personal banking, business banking and wealth solutions.  For more information on HNB’s products and services, visit hnbbank.bank.

Honesdale, PA – The Ernest and Margaret Lemnitzer Memorial Fund, administered by the Trust Department at The Honesdale National Bank and local Honesdale businessman, Paul Meagher, continued its support of those pursuing higher education with the awarding of scholarships to 2022 graduates with a total distribution of $48,213.99.

The Ernest and Margaret Lemnitzer Memorial Fund was created by these prominent Honesdale residents to support designated charitable organizations within Wayne County, as well as, to provide scholarships to deserving graduates of Wayne Highlands High School.  Ernest was the brother of the former Chairman of the Joint Chiefs of Staff and Honesdale resident, Lyman Lemnitzer.

Emma Hocker, the 2022 recipient of the “Ernest and Margaret Lemnitzer Nursing Scholarship” is enrolled to attend Bloomsburg University to study nursing in the fall. She is a 2022 graduate of Wayne Highlands High School. The selection of the nursing scholarship recipient is made by the Women’s Auxiliary of the Wayne Memorial Hospital and is based on scholastic achievement. This scholarship totals $17,517.50.

The Honesdale National Bank Trust Department has managed the investments of the Memorial Fund since its inception in 1991. Through prudent investment of the trust assets, grants in excess of $2.5 Million have been paid to qualifying recipients to date. A total of $407,893.46 has been distributed through the Ernest and Margaret Lemnitzer Scholarships alone. For more information about the HNB Financial Group, please call 570-253-3355 or visit the HNB Corporate Center in Honesdale. 

The Honesdale National Bank, established in 1836, holds the distinction of being the area’s oldest independent community bank headquartered in Northeastern PA, with offices in Wayne, Pike, Susquehanna, Lackawanna and Luzerne Counties.  The Honesdale National Bank offers personal banking, business banking and wealth solutions.  For more information on HNB’s products and services, visit hnbbank.bank.

Honesdale, PA – The Ernest and Margaret Lemnitzer Memorial Fund, administered by the Trust Department at The Honesdale National Bank and local Honesdale businessman, Paul Meagher, continued its support of those pursuing higher education with the awarding of scholarships to 2022 graduates with a total distribution of $48,213.99.

The Ernest and Margaret Lemnitzer Memorial Fund was created by these prominent Honesdale residents to support designated charitable organizations within Wayne County, as well as, to provide scholarships to deserving graduates of Wayne Highlands High School.  Ernest was the brother of the former Chairman of the Joint Chiefs of Staff and Honesdale resident, Lyman Lemnitzer.

Darcy Banicky received financial support through the “Ernest and Margaret Lemnitzer Scholarship” as the Wayne Highlands High School 2022 Class Valedictorian. Banicky is enrolled to attend Cornell University in the fall. This scholarship totals $17,517.50.

The Honesdale National Bank Trust Department has managed the investments of the Memorial Fund since its inception in 1991. Through prudent investment of the trust assets, grants in excess of $2.5 Million have been paid to qualifying recipients to date. A total of $407,893.46 has been distributed through the Ernest and Margaret Lemnitzer Scholarships alone. For more information about the HNB Financial Group, please call 570-253-3355 or visit the HNB Corporate Center in Honesdale. 

The Honesdale National Bank, established in 1836, holds the distinction of being the area’s oldest independent community bank headquartered in Northeastern PA, with offices in Wayne, Pike, Susquehanna, Lackawanna and Luzerne Counties.  The Honesdale National Bank offers personal banking, business banking and wealth solutions.  For more information on HNB’s products and services, visit hnbbank.bank.

Honesdale, PA – Thomas E. Sheridan Jr., President, and CEO of The Honesdale National Bank, has announced Jason Miller has joined HNB as AVP, Branch Manager of HNB’s Hallstead Office.

In making the announcement Sheridan stated, “HNB is confident that Jason’s local knowledge gained from 20 years of banking experience, along with his 6 years as Susquehanna County Treasurer, will enhance the success of our Hallstead Office and support of its’ customers.”

As Branch Manager, Miller will be responsible for managing the daily operations of the Hallstead Office as well as accepting and processing new home equity and mortgage loans.

Miller began his career in the financial industry in 1994 as a teller for the Peoples National Bank. Miller’s hard work and dedication was quickly noticed as he made his way from a teller to a customer service representative, and eventually a branch manager. In 2005, he went on to work for the Peoples State Bank as a Branch Manager where he became a Mortgage Loan Originator. Miller prides himself in his extensive retail lending experience.

In commenting on his new role at the bank, Miller noted, “I am excited to be back in the baking industry, especially with HNB. I enjoy the hometown bank feeling that HNB provides.”

On Sundays, Miller attends the First Congregational Church of Harford.  Miller serves as the director of Harford Agricultural Society.

The Honesdale National Bank, established in 1836, holds the distinction of being the area’s oldest independent community bank headquartered in Northeastern PA, with offices in Wayne, Pike, Susquehanna, Lackawanna and Luzerne Counties.  The Honesdale National Bank offers personal banking, business banking and wealth solutions.  For more information on HNB’s products and services, visit hnbbank.bank.

Honesdale, PA – The Honesdale National Bank was once again authorized to make approved contributions under the Commonwealth’s Educational Improvement Tax Credit (EITC) Program. HNB designated $2,500 of their approved allotment to WVIA Public Media. The funds, donated by HNB, will support educational programming.

HNB President & CEO, Thomas E. Sheridan Jr., stated, “The accessibility of public media will continue to be important to our communities.” He said, “We are glad that we are able to continue to serve our area by contributing funding for this program.”

Kirsten Smith, Grants & Education Officer at WVIA stated, “Thanks to the HNB’s EITC contributions, WVIA will be visiting many children in our shared region with educational programs to benefit their literacy and STEM needs. I will be certain to inform you of that progress and punctuate how impactful your EITC donations always are in doing wonderful things for children and families in our region.”

WVIA-FM is a non-commercial, public FM radio station licensed to serve Scranton, Pennsylvania and is the National Public Radio member station for Northeastern Pennsylvania. The station is owned by the Northeastern Pennsylvania Educational Television Association along with its sister television station, WVIA-TV.

The Honesdale National Bank, established in 1836, holds the distinction of being the area’s oldest independent community bank headquartered in Northeastern PA, with offices in Wayne, Pike, Susquehanna, Lackawanna and Luzerne Counties.  The Honesdale National Bank offers personal banking, business banking and wealth solutions. HNB is a Member FDIC and Equal Housing Lender with NMLS ID #446237.

Photo Caption (L to R): Kate Sickora, Elizabeth Nagy, and Carla McCabe.

Honesdale, PA – The Honesdale National Bank was once again authorized to make approved contributions under the Commonwealth’s Educational Improvement Tax Credit (EITC) Program. HNB designated $3,000 of their approved allotment to the Abington Community Library. The funds, donated by HNB, will support K-12 educational opportunities.

HNB President & CEO, Thomas E. Sheridan Jr., stated, “Access to public libraries is important throughout the education of children and young adults.” He said, “We are excited to continue to serve our area by supporting this organization and contributing to their funding.”

The Abington Community Library is part of the Lackawanna County Library System. The Library is located at 1200 West Grove Street in Clarks Summit, PA.

The Honesdale National Bank, established in 1836, holds the distinction of being the area’s oldest independent community bank headquartered in Northeastern PA, with offices in Wayne, Pike, Susquehanna, Lackawanna and Luzerne Counties.  The Honesdale National Bank offers personal banking, business banking and wealth solutions. HNB is a Member FDIC and Equal Housing Lender with NMLS ID # 446237.

Honesdale, PA – Thomas E. Sheridan Jr., President and CEO of The Honesdale National Bank, took a pie to the face after employees contributed funds to the Wayne County Food Pantry.

During an employee appreciation event on national Pi Day, employees at HNB rallied to collect funds to donate to the local food pantry. A threshold of $1,000 was placed that stated Sheridan will take a pie to the face to show his appreciation. Members from the food pantry met at the HNB Corporate Center in Honesdale to receive the donation.

Employees went above and beyond, pulling together a total of $2,223, which was then matched by HNB for a grand total of $4,446. This is demonstrative of the HNB Family's commitment to helping other families in need in our community as inflation impacts local community members.

Honesdale, PA – Thomas E. Sheridan Jr., President & CEO of The Honesdale National Bank, has announced Jamie Shnipes has been promoted to Branch Supervisor of HNB’s Eynon Office.

In making the announcement, Sheridan stated, “Jamie began her banking career at HNB with the opening of our Eynon Office.” He continued,  “We are confident that her knowledge of the local community, and dedication to customer service, will insure success in her new position.”

As Branch Supervisor, Shnipes will be responsible for building customer relationships to help customers with their specific banking needs, as well as supporting the everyday operations of the branch.

Shnipes began her career in the financial industry in 2013 as a Part-time Teller/CSR at HNB. In 2018 she accepted a full-time position at the bank. She will continue growing her Career as Branch Supervisor of our Eynon Office.

In commenting on her time at the bank, Shnipes noted, “I feel like I have the confidence and the support to grow my career with HNB. I met a lot of great people over the years and I enjoy meeting new people and helping them with their banking needs.”

Shnipes resides in Eynon, PA, and is a graduate of Valley View High School. Outside of the bank, she enjoys being with family, either attending her children’s sports or spending time at their camper.

Honesdale, PA – Thomas E. Sheridan Jr., President & CEO of The Honesdale National Bank, has announced Ryan Ehrhardt has been promoted to Commercial Loan Portfolio Manager.

In making the announcement, Sheridan stated, “We are pleased to have Ryan grow his career here at HNB.” He continued, “He has done an excellent job in support of our commercial lending team. His local knowledge and background in credit will be very valuable in his new position.”

As Commercial Loan Portfolio Manager, Ehrhardt will be responsible for supporting commercial loan officers through developing and managing commercial loan relationships, which includes providing a high level of service and analysis of commercial credit opportunities.

Ehrhardt began his career in the financial industry in 2019 with a Commercial Lending Internship at HNB. After graduating college, he managed Client Services at Vanguard before returning to HNB as Credit Analyst in 2021.

In commenting on his new role at HNB, Ehrhardt noted, “I consider myself very fortunate to work and start my career in banking at HNB.” He noted, “In the short time I’ve been here, I can confidently say this is a bank that genuinely cares about the people, businesses, and communities they serve, which is why I’m excited about my new role further positioning me to support our areas local business people.”

Ehrhardt is from Paupack, PA, and graduated from Wallenpaupack Area High School. He is a graduate of Bloomsburg University, 2020 (Magna Cum Laude) and has obtained a Bachelor of Science and Business Administration (BSBA) in Marketing and Finance.

Outside of the bank, he enjoys spending time with his dog Levi, skiing, boating, fishing, hunting, and hiking.

Honesdale, PA – Thomas E. Sheridan Jr., President & CEO of The Honesdale National Bank, announced Thomas Zurla has joined HNB as AVP, Area Manager of the Bank’s Southwest Area.

In making the announcement, Sheridan stated, “We are extremely pleased to add Tom to our HNB family. His knowledge and experience will be a welcome addition to our business and community development strategies in Lackawanna and Luzerne counties, and our company as a whole.”

As AVP, Area Manager, Zurla will be providing oversight of the local teams and operations within our Kingston, Montdale, and Clarks Summit Offices.

Zurla began his career in banking at Franklin First Savings, which was later named M&T Bank as a Teller/CSR in 1997, and has since held positions including Relationship Manager from 1998-2002, Assistant Branch Manager/Branch Manager from 1998-2018. He continued to assume Retail Banking Training Coordinator from 2018-2020, and AVP, Community Office Manager at FNCB Bank from 2020-2021. He will continue his career as AVP, Area Manager with HNB.

In commenting on his new position at HNB, Zurla noted, “To be joining HNB after 25 years in the business is truly humbling. To have the opportunity to reflect on my experience and beliefs in what community banking should be, they truly align with HNB’s values and mission.” He Continued, “I feel this is the perfect “next chapter” in my career.”

Zurla is a graduate of Luzerne County Community College and has obtained a degree in Business Management - Technology.

Outside of the bank, he is a Member of St Luke’s Episcopal Church quartet ensemble, lector, and stewardship committee. He was also part of Leadership Lackawanna Class of 2021.

Honesdale, PA – On January 26, 2022, the Board of Directors of HONAT Bancorp, Inc., whose wholly owned subsidiary is The Honesdale National Bank, declared a quarterly cash dividend of $.62 per share to shareholders of record on February 15, 2022, payable on February 28, 2022.

The dividend payment is a 29.2% increase over the dividend paid during the first quarter 2021 and reflects the Bank’s ongoing commitment to providing shareholder value by increasing the dividend year over year.    

Honat Bancorp, Inc. (HONT: US OTC) is the parent company of its wholly owned subsidiary, The Honesdale National Bank, headquartered in Honesdale, Pennsylvania. The Honesdale National Bank, established in 1836, holds the distinction of being the area’s oldest, independent, community bank headquartered in Northeastern Pennsylvania, with twelve full-service offices across Wayne, Pike, Susquehanna, Lackawanna and Luzerne Counties. Financial Services and Trust solutions for their customers are also serviced through their HNB Financial Group headquartered in Honesdale and the HNB Mortgage Center headquartered in Wilkes-Barre, Pennsylvania. To learn more visit hnbbank.bank, or call 570-253-3355.

This Press Release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  Forward-looking statements regarding future financial conditions, results of operations and/or the Bank's business operations are not guaranteed and include risks, uncertainties and assumptions.  Actual results and trends may differ materially from those set forth in such statements due to various factors including operating, legal and regulatory risks; economic, interest rate and competitive environments; and other risks and uncertainties.