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First Savings Bank has a branch located on Market Street in Perkasie, PA. which is one of seven First Savings branch offices within the Pennridge area. This bank is different from other banks because First Savings bank is a mutual bank. People put money into this bank to save and the bank uses that money locally for loans. They pay interest on their savings and charge interest from people that take out loans from the bank. They provide all types of banking services. A variety of transactions are completed at the branches including checking and savings accounts, Christmas clubs, and other routine procedures.
The local business corporate office is located at the intersection of 5th Street and Blooming Glen Road in Perkasie. There are two banks in Perkasie, one each in Quakertown, Richlandtown, Dublin, Pipersville, and Riegelsville. There are about 100 employees in the entire company. The total assets of the company are close to 600 million dollars and the savings are close to four hundred million dollars.
This banking business started 75 years ago to lend money to people that needed to buy houses. The business tried to attract people that wanted to save money.
First Savings Bank has been a growing business for 75 years and is still growing today. The customers of this business borrow money from the bank and the bank charges interest. There are usually six tellers that are working at a time but it is not always continuously busy. This business is very highly computerized.
Currently the bank is open from 8:30 am to 5:00 pm on Monday,Tuesday,Wednesday,and Thursday. On Fridays it open till 8:30 am to 8:00 pm.