Allegiance Bank Officially Marks Opening of Worcester Branch with Cocktail Reception.BALA CYNWYD, Pa. -- Allegiance Bank of North America The Bank of North America was chartered on December 31, 1781 [1] by the Congress of the Confederation and opened on January 7, 1782, at the prodding of Finance Minister Robert Morris, and was rechartered in 1784. This was thus the first modern United States bank. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: ABPA ABPA Allergic bronchopulmonary aspergillosis ) has opened a new branch in Worcester Township, Montgomery County. Located in the Center Point shopping center at the corner of Route 73 (Skippack Pike) and Route 363, Allegiance Bank celebrated with a special grand opening cocktail reception for customers and friends on the evening of Wednesday, October 4. The bank held festivities fes·tiv·i·ty n. pl. fes·tiv·i·ties 1. A joyous feast, holiday, or celebration; a festival. 2. The pleasure, joy, and gaiety of a festival or celebration. 3. from 5:30 till 8 p.m., starting with a ribbon-cutting ceremony officiated by C. Andrew Cook, Allegiance President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , and representatives from the North Penn Chamber of Commerce. The reception featured refreshments and giveaways. A magician and a keyboard soloist performed for guests. A special prize drawing was held for a $500 gift certificate for use at the Hotel Fiesole, a luxury hotel located on Route 73 in Skippack. The winner was Leonard Fox of Fox & Fox, Attorneys at Law, in Norristown. Dan Lalli is Area Manager for the Worcester branch. "The reception was a great way to cap off our first few weeks of business. We have been receiving very positive feedback from the community about our customer-oriented approach to banking." The new office is located at 2946 Skippack Pike, Worcester, PA 19490. Its phone number is 484-998-4100. Allegiance Bank of North America is a Pennsylvania state-chartered full-service commercial bank formed in 1999, headquartered in Bala Cynwyd, PA. The Bank offers a sophisticated package of services beyond traditional bank services, such as escrow account management, specialty real estate lending programs, internet banking and non-bank services including title insurance, real estate settlement services, financial planning, life and health insurance and retirement programs through several subsidiaries. The common stock of the Company is traded on OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. under the symbol ABPA. In addition to Worcester and its Bala headquarters, Allegiance has branches in Old City Philadelphia and King of Prussia King of Prussia, industrialized suburban area (1990 pop. 18,406), Montgomery co., SE Pa. It has glass and steel fabricating, food processing, printing and publishing, and varied manufacturing (textiles, liquified petroleum gas, water-treatment and electrical and will be opening in Berwyn later this fall. For more information, contact: Allegiance Bank, One Belmont Avenue, Suite 105, Bala Cynwyd, PA 19004, (610) 949-9500, www.allegbank.com Photography Available |
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