VICTORY BANK IN THE NEWS 2017

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(Limerick, Pennsylvania) –The Victory Bank has hired Brian W. Meyer as a Senior Credit Analyst and Vice President. Meyer holds a Bachelor’s of Science degree in Business Finance from West Chester University and an Associate’s degree in Electronic Engineering from the Community College of the Air Force. He is responsible for analyzing business financial statements, analyzing collateral, and structuring commercial loan requests. Meyer has sixteen years of experience in commercial finance in banking, holding the same position at other local banks.

Meyer resides in Skippack and is passionate about sharing his banking knowledge with others in his personal time.

The Victory Bank is a locally owned and operated commercial bank headquartered in Limerick, Pennsylvania. The bank was founded to optimize the financial lives of business, professionals, and consumers. For more information, call 610.948.9000 or visit www.victorybank.com Member FDIC

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 (Limerick, Pennsylvania) –The Victory Bank has hired Dana M. Perrott to the commercial lending team as a Relationship Assistant and Alice J.B. Deviney to the retail team as a Banking Support Representative.

 Perrott holds an Associate’s degree in Business Management from Reading Area Community College. She has over 8 years in banking and is responsible for supporting two Commercial Relationship Managers in our Wyomissing location.

Perrott was previously employed by National Penn Bank as an Underwriting Assistant II where she handed various aspects of loan documentation. She resides in the Birdsboro area.

Deviney holds a Bachelor’s of Arts degree in Sociology with a minor in Business from Susquehanna University. She is responsible for coordinating clients’ requests with the appropriate bank personnel and various bank projects.

Deviney was previously employed by the Conestoga Telephone Company as a Senior Sales Consultant where she handed sales, project management and account management, in additional to other responsibilities. She is also a ski instructor at Bear Creek Mountain Resort and volunteers at Saint Aloysius School in Pottstown. She resides in the Pottstown area with her husband and four children.

The Victory Bank is a locally owned and operated commercial bank headquartered in Limerick, Pennsylvania. The bank was founded to optimize the financial lives of business, professionals, and consumers. For more information, call 610.948.9000 or visit www.victorybank.com Member FDIC

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(Limerick, Pennsylvania) – Robert H. Schultz and Jon Swearer of The Victory Bank recently graduated from an intensive 1-year program as a member of the inaugural 2016-17 class of the Pennsylvania Bankers Leadership Institute, an initiative of the Pennsylvania Bankers Association (PA Bankers).

The Pennsylvania Bankers Leadership Institute offers emerging and existing leaders highly personalized and interactive planning sessions specifically tailored to the banking

industry. Throughout five 2-day sessions, participants examined the correlation between organizational culture, performance, leadership, engagement and communication, ending with the development of an individualized Leadership Action Plan.


“We applaud The Victory Bank and Robert and Jon for understanding the incredible value of this program,” said Duncan Campbell, PA Bankers president & CEO. “It’s not just of benefit to individual bank leaders and banks; the lessons learned throughout the program can also be applied collectively to help us prepare for the future of our industry.”


The Pennsylvania Bankers Association is now accepting applications for the 2017-18 class, which begins in March. Participants can earn up to 68 credits from the HR Certification Institute and up to 67.5 Continuing Professional Education (CPE) credits.

The Victory Bank is a locally owned and operated commercial bank headquartered in Limerick, Pennsylvania. The bank was founded to optimize the financial lives of business, professionals, and consumers. For more information, call 610.948.9000 or visit www.victorybank.com Member FDIC


The Pennsylvania Bankers Association, located in Harrisburg, is the state’s leading banking trade association representing an expansive and diverse membership. The Association offers extensive continuing education programs, government relations representation on behalf of the industry, and provides numerous products and services for banks and their employees.

press release

FOR IMMEDIATE RELEASE

February 8, 2017

Contact: Joseph W. Major

Chairman and Chief Executive Officer



The Victory Bancorp, Inc. Announces Closing of Common Stock Offering


Limerick, Pa.—The Victory Bancorp, Inc. (the “Company”) announced today the closing a $4.4 million offering of its common stock to its existing shareholders, as well as local investors.

“We were pleased the offering was well received by our existing shareholders, Board of Directors and local community. We believe that we have a great opportunity for growth ahead of us,” said Joseph W. Major, Bank Leader and Chairman and Chief Executive Officer of the Company. The Company intends to contribute substantially all of the proceeds to The Victory Bank, which will increase the overall lending capacity of the Bank as it continues to serve small and medium-sized businesses, professionals, and consumers along the Route 422 corridor.

The shares of common stock were sold pursuant to an offering circular that was filed with the Securities and Exchange Commission. This press release does not constitute an offer to sell or the solicitation of an offer to buy the shares referred to in this press release.

About The Victory Bancorp, Inc.

The Victory Bancorp, Inc. is the parent company of The Victory Bank, a Pennsylvania state chartered commercial bank, headquartered in Limerick, Pennsylvania. Victory Bank was established in 2008. Victory provides high quality banking services to small and mid-sized businesses and professionals through its two offices located in Montgomery and Berks Counties, Pennsylvania. As of December 31, 2016, The Victory Bank had total assets of $200.5 million, total deposits of $157.7 million, and total equity of $16.5 million. Additional information about Victory Bancorp is available on its website, www.victorybank.com.

Forward-Looking Statements

This press release contains forward-looking statements about the offering. Forward-looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as “believe,” “expect,” “anticipate,” “estimate,” and “intend” or future or conditional verbs such as “will,” “would,” “should,” “could,” or “may.” Forward-looking statements, by their nature, are subject to risks and uncertainties. Certain factors that could cause actual results to differ materially from expected results include increased competitive pressures, changes in the interest rate environment, general economic conditions or conditions within the securities markets, and legislative and regulatory changes that could adversely affect the business in which the Company and the Bank are engaged. 

press release

(Limerick, Pennsylvania) –The Victory Bank has hired Michael J. Senico as a Commercial Relationship Manager and Vice President. Senico holds a Bachelor’s of Science degree in Business Administration from Century University and an Associate’s degree in Applied Science for Accounting from Montgomery County Community College. He is responsible for structuring commercial loan requests while providing excellent service to our clients. Senico has eighteen years of experience in commercial banking and mortgage lending. Senico resides in Limerick.

The Victory Bank is a locally owned and operated commercial bank headquartered in Limerick, Pennsylvania. The bank was founded to optimize the financial lives of business, professionals, and consumers. For more information, call 610.948.9000 or visit www.victorybank.com Member FDIC

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(Limerick, Pennsylvania) –The Victory Bank has hired Lisa M. Lightcap as a Commercial Relationship Manager and Vice President. Lightcap is certified in commercial lending through Omega and is a 2002 graduate of the Tri-County Area Chamber Leadership program. She is responsible for structuring commercial loan requests while providing excellent service to our clients. Lightcap has over thirty years of experience in banking in the local area. Lightcap resides in Pottstown.

The Victory Bank is a locally owned and operated commercial bank headquartered in Limerick, Pennsylvania. The bank was founded to optimize the financial lives of business, professionals, and consumers. For more information, call 610.948.9000 or visit www.victorybank.com Member FDIC

press release

(Limerick, Pennsylvania) –On February 16, the Perkiomen Valley Chamber of Commerce held its “PV Stars, Best of the Valley” gala event. 

The Victory Bank was one of three final nominees for “Medium Business of the Year”. Winners were determined by a select chamber committee who chose winners based on their impact in the community, whether it’s business-related, community service-related, etc.

In typical PV Chamber style, it was a grand event with over 120 people in attendance. Local business owners, humanitarians, politicians and more attended the annual event to show support for each other and the community in which they serve. 

The Victory Bank was named the PV Stars, Best of the Valley, “Medium Business of the Year 2016”.

Congratulations to all of the bank employees! To be nominated by our clients, and chosen a winner by the committee, is a great honor that everyone should be quite proud of!!

Pictured above is (left to right) Joe Guinta, Vince Raffeo, Saul Rivkin and Warren Major who attended the event to represent the bank and accept the award.

The award is on display in the lobby for all to see. 

The Victory Bank is a locally owned and operated commercial bank headquartered in Limerick, Pennsylvania. The bank was founded to optimize the financial lives of business, professionals, and consumers. For more information, call 610.948.9000 or visit www.victorybank.com Member FDIC

press release

(Limerick, Pennsylvania) – Victory Bancorp, the bank holding company for The Victory Bank, has appointed Joanne M. Judge, Esq., CPA and Mary Beth Touey as new directors. Mses. Judge and Touey will also serve as directors of The Victory Bank.


Ms. Judge is the Co-Chair of the Health Law Department at Stevens & Lee, a regional law firm with 250 professionals. She previously served as President of Community Hospital of Lancaster and was formerly its chief financial officer. She received her B.S. in Accounting from St. Joseph's University and a J.D. from Villanova University School of Law. 


Joanne focuses her practice in transactional and regulatory matters for health care systems, long-term care and senior living organizations, and physician practices, including mergers and acquisitions, joint ventures, affiliations and reorganizations, health care contracting, licensure, and compliance-related issues. Joanne served as the National Chairman of the Healthcare Financial Management Association, and was honored in 1999 with the Frederick C. Morgan Individual Achievement Award. She has served in leadership capacities in community and professional organizations, including Chairman of the Lancaster and Reading YMCAs and the Lancaster Chamber of Commerce. She is the Immediate Past Chair of the board of Alvernia University and the Vice Chair of the Lancaster Bar Foundation, Chair of the Berks Workforce Investment Board and on the Reading Public Museum Board. She was previously honored as one of Pennsylvania's inaugural Best 50 Women in Business and received the Athena Award from the Berks Chamber of Commerce in 2009. As published in Philadelphia magazine, Joanne has been recognized as a Pennsylvania Super Lawyer for the last seven years.


Ms. Touey is the controller of Women’s Healthcare in Pottstown. She previously held various sales & marketing positions in the Ford Motor Company. Including roles in Ford Motor Credit Company, Ford Parts & Service Division, Lincoln/Mercury, and its’ previously-owned Premier Automotive Group (Jaguar/Land Rover/Aston Martin). She is a graduate of the State University of New York Oswego with a B.S. in Applied Mathematical Economics. Ms. Touey also serves as a catechist at St. Eleanor’s parish and has served as a parent advocate on Spring-Ford School District’s Project MAX initiative; helping to build awareness, empower families, and foster high expectations for students with complex instructional needs.


The Victory Bank is a locally owned and operated commercial bank headquartered in Limerick, Montgomery County, Pennsylvania. The bank was founded to optimize the financial lives of businesses, professionals, and consumers.

For more information, call 610-948-9000 or visit www.victorybank.com. Member FDIC.

PRESS RELEASE

(Limerick, Pennsylvania) –The Victory Bank has hired Kaitlin J. Doyle as a Personal Banker. Doyle holds an Associate’s degree in Accounting from Reading Area Community College. She is responsible for processing client transactions, opening accounts, and providing exemplary service to our clients. Doyle has three years of experience in banking, holding similar positions at other local banks, while also possessing three years of management experience. Doyle resides in Blandon.

The Victory Bank is a locally owned and operated commercial bank headquartered in Limerick, Pennsylvania. The bank was founded to optimize the financial lives of business, professionals, and consumers. For more information, call 610.948.9000 or visit www.victorybank.com Member FDIC

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(Limerick, Pennsylvania) –The Victory Bank has hired Kimberly M. Grohosky as a Relationship Assistant. Grohosky holds an Associate’s degree in Liberal Arts from Montgomery County Community College as well as successfully completing numerous banking course through RMA. She has over 14 years of experience in commercial and community banking. She is responsible for supporting our Commercial Lenders and providing exemplary service to our clients. Grohosky resides in Collegeville.

The Victory Bank is a locally owned and operated commercial bank headquartered in Limerick, Pennsylvania. The bank was founded to optimize the financial lives of business, professionals, and consumers. For more information, call 610.948.9000 or visit www.victorybank.com Member FDIC

PRESS RELEASE

(Limerick, Pennsylvania) Joseph W. Major, bank leader, chairman and chief executive officer of The Victory Bank, has been elected chair of the Pennsylvania Bankers Association (PA Bankers). As chair, Major will lead Pennsylvania’s largest banking trade association. 

In this new position, he will have oversight of the board’s policies and procedures and lead the strategic direction of the association, as well as its Personnel and Audit Budget and Finance Committees.

Major will conclude his term as first vice chair with the association on June 30 and will begin his one-year term as chair on July 1, 2017.

Joseph W. Major is the Bank Leader, the Chairman of the Board, and CEO of The Victory Bank and of Victory Bancorp. Joe previously served as the President and CEO of Vartan National Bank and Patriot Bank Corp. He formerly served as a director of The First National Bank of Liverpool and a director of ETA, a bank data processing service bureau located in central Pennsylvania. In the past, Major also served as a director of the PA Banker’s Advanced School of Banking and currently teaches at both the School of Banking and the Advanced School of Banking. Major currently serves on the Board of Directors for the Pottstown Cluster. In addition to his undergraduate degree in business, Major holds a JD from the University of Akron, and is an honor’s graduate of the ABA’s Stonier Graduate School of Banking (98), where he currently serves as a Capstone Advisor to members of the third year class.

Major was elected chair at the association’s annual meeting on May 11.

The Pennsylvania Bankers Association, located in Harrisburg, is the state’s leading banking trade association representing an expansive and diverse membership. The association offers extensive continuing education programs, government relations representation on behalf of the industry, and provides numerous products and services for banks and their employees.

The Victory Bank is a locally owned and operated commercial bank headquartered in Limerick, Montgomery County, Pennsylvania. The bank was founded to optimize the financial lives of businesses, professionals, and consumers.

For more information, call 610-948-9000 or visit www.victorybank.com. Member FDIC.

Press release

PRESS RELEASE

Contact: 

Joseph W. Major

Chairman and Chief Executive Officer

(610) 948-9000


THE VICTORY BANCORP, INC. 

ANNOUNCES INITIAL QUARTERLY CASH DIVIDEND

Limerick, PA (Business Wire) – November 8, 2017. The Victory Bancorp, Inc. (the

“Company”) today announced that its Board of Directors has declared a quarterly cash dividend of $0.02 per outstanding share of common stock. The dividend will be paid on or about

December 1, 2017 to stockholders of record as of the close of business on November 20, 2017. 

This is the first cash dividend declared by the Company on its common stock.

The Victory Bancorp, Inc. is the parent company of The Victory Bank, a Pennsylvania state chartered commercial bank, headquartered in Limerick, Pennsylvania. Victory Bank was established in 2008. Victory provides high quality banking services to small and mid-sized businesses and professionals through its two offices located in Montgomery and Berks Counties, Pennsylvania. As of September 30, 2017, The Victory Bank had total assets of $221.3 million, total deposits of $187.5 million, and total equity of $19.4 million. Additional information about Victory Bancorp is available on its website, www.thevictorybank.com. 

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