New chief financial officer brings 30 years’ experience with corporations and financial institutions
DOYLESTOWN, Pa. (June 2018) – Penn Community Bank, Bucks County’s leading mutual financial organization, is pleased to announce that Charles T. Field has joined the organization to serve as its chief financial officer.
Field is an experienced chief financial officer with an extensive background in bank accounting, project management, and audit and financial systems. Bringing more than 30 years of experience to his role at Penn Community Bank, he is responsible for financial reporting, internal controls, forecasting and planning, profitability analysis, and treasury and investments.
“We are excited to welcome Charles to the executive team at Penn Community Bank,” said Jeane M. Vidoni, President and CEO of the bank. “He will work closely with our team of financial experts to ensure our mission of steady, sustainable economic growth for the bank and the communities that we serve.”
Field previously served as chief financial officer and treasurer for a NASDAQ publicly traded bank holding company in South Central Pennsylvania with assets of more than $1.7 billion. Serving as the company’s CFO, Field focused his leadership on increasing efficiency and maximizing resources.
Prior to that, Field served as CFO at a newly launched financial institution, implementing a business plan that resulted in approximately $50 million of new equity. Additionally, he has international experience in the banks, telecommunications and manufacturing industries.
A graduate of Michigan State University, he holds a bachelor’s degree in financial administration, is a certified public accountant, and is a member of the American Institute of CPAs and the Financial Managers Society.
About Penn Community: Penn Community Bank holds more than $2 billion in assets, employs more than 300 people, and offers banking, lending, insurance and investments at 24 bank branches and two administrative centers throughout Bucks County and Montgomery County, Pennsylvania. As an independent, mutual financial institution, Penn Community Bank is not publicly traded and operates with its long-term mission in mind: to help businesses grow and prosper, to provide financial resources to individuals and families throughout their lifetimes, to strengthen the local economy, and to partner with local organizations to act as a catalyst for positive growth in every market it serves.