March 18, 2018 9:48 AM ET


Company Overview of Univest Bank and Trust Co.

Company Overview

Univest Bank and Trust Co. offers commercial banking and trust services in the Montgomery and Bucks counties of Pennsylvania. It offers personal banking solutions such as checking and savings accounts, money market accounts, certificates of deposit, and individual retirement accounts. The bank also offers loan products including auto loans, student loans, and residential mortgages. In addition, it offers business checking accounts, payroll solutions, real estate loans, and Small Business Administration (SBA) programs. Univest Bank and Trust Co. was formerly known as Univest National Bank and Trust Co. and changed its name to Univest Bank and Trust Co. in June 2011. The bank was founded in 18...

Univest Plaza

14 North Main Street

P.O. Box 64197

Souderton, PA 18964

United States

Founded in 1876





Key Executives for Univest Bank and Trust Co.

CEO, Director, CEO of Univest Corp of Pennsylvania and President of Univest Corp of Pennsylvania
Age: 43
President and Director
Age: 49
CFO & Senior Executive VP
Age: 54
President of Consumer Banking and Director
President of Wealth Management Division
Compensation as of Fiscal Year 2017.

Univest Bank and Trust Co. Key Developments

Univest Corporation of Pennsylvania and Univest Bank and Trust Co. Announce Retirement of Paul Gregory Shelly as Board of Director

Effective December 1, 2017, Paul Gregory Shelly retired from the board of directors of Univest Corporation of Pennsylvania and Univest Bank and Trust Co. Mr. Shelly has reached the mandatory retirement date.

Univest Bank and Trust Co Makes Jobs Cuts across Various Operations

Univest Bank and Trust Co announced that it has made job cuts across its banking and non-banking operations. The firm has cut about 35 jobs, even as it is looking to grow its banking footprint in the Lehigh Valley.

Univest Corporation of Pennsylvania and Univest Bank and Trust Co. Announce Management Changes

Univest Corporation of Pennsylvania and Fox Chase Bancorp Inc. announced that each has received all necessary regulatory and shareholder approvals to close its pending merger transaction, announced in December 2015. Regulatory approval was obtained in May from both the Pennsylvania Department of Banking and Securities and the Board of Governors of the Federal Reserve System.  Shareholders from both Univest and Fox Chase approved the transaction on June 14, 2016.  Subject to satisfaction or waiver of certain additional customary closing conditions, Univest intends to close the transaction effective July 1, 2016. Upon completion of the transaction, Thomas M. Petro, president and chief executive officer of Fox Chase, along with Roger H. Ballou and Todd S. Benning, current Fox Chase directors, will be named to the Univest Board of Directors. In addition, Roger Deacon, executive vice president and chief financial officer of Fox Chase will join Univest as senior executive vice president and chief financial officer for Univest and Univest Bank.  Mike Fitzgerald, Fox Chase’s chief lending officer, will also join Univest Bank upon closing as market president, Commercial Banking and manage the Southern division which will include the Fox Chase commercial lending team.

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