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Message from the president...

On November 4, 2021, Wayne Bank will celebrate its 150 year anniversary!

Wayne Bank was founded in Honesdale, PA on November 4, 1871, with the modest capital of $25,000. It was known as the Wayne County Savings Bank, after Major General Anthony Wayne, who was a prominent solider, officer, and statesman in American history. During the later portion of the 19th Century, Honesdale was a burgeoning canal town at the terminus of the Delaware and Hudson Canal. Led by President, W.W. Weston, a Honesdale merchant and businessman, the Bank’s early financing included everything from boat building and harness manufacturing to tanneries and farming.

As time went on, the Bank helped finance the progression of Wayne County into the glassworks, textile, and logging industries. The headquarters also moved to four different locations within Honesdale, until finally building and moving into the Bank’s present Corporate Office in 1924, located between Seventh and Eighth Streets on Main Street in Honesdale.

The Bank continued to expand throughout the remainder of the 20th Century, acquiring and opening additional locations throughout Wayne, Pike, and Monroe Counties in Pennsylvania. The name was also officially changed to Wayne Bank in 1993.

In 1996, the Bank’s holding company, Norwood Financial Corp, was created. Stock began trading on the Nasdaq National Market under the symbol, NWFL. Additional acquisitions helped Wayne Bank to continue its tradition of expansion during the 21st Century with significant growth into Lackawanna and Luzerne Counties in Pennsylvania, and finally into Delaware, Sullivan, Otsego, Ontario, and Yates Counties in New York State.

Today, Wayne Bank has 30 Community Offices in two states and ten counties, including those operating under the Bank of Cooperstown and Bank of the Finger Lakes brands, and we employ close to 300 local people.

Although so much has changed in 150 years, I am proud to say that Wayne Bank has remained committed to the same mission and core values that were instated upon our founding. We are a community bank that is dedicated to investing in the residents, businesses, and organizations who make our communities a better place to live.

On behalf of the Board of Directors, officers, and staff of Wayne Bank, thank you for your business, your trust, and the opportunity to be of service. From our past to our present and into the future, Wayne Bank is Helping the Community Grow.

Lewis J. Critelli
President & Chief Executive Officer
Wayne Bank