About Us
President's Message
Dear Parkvale Customer:
There's never been a better time to be a Parkvale customer. Founded over 60 years ago, Parkvale continues to operate by the principles that formed our charter: stability, strength and service.
You can be confident in our stability, strength and ability to serve you because:
- We are well capitalized and our deposits are insured by the FDIC.
- We operate in a stable market area.
- We do not originate, purchase or own subprime, option ARMs, Negative amortization mortgage loans or securities.
- We have an outstanding history of controlling expenses.
- We have great people working for us.
- We have a strong, capable Board of Directors.
Recent legislation by the U.S. Government is a positive step and should over time restore confidence in the banking system. This legislation known as the 'Emergency Economic Stabilization Act of 2008' aims to restore liquidity and stability to the financial system, to protect the value of American homes and savings and to promote economic growth.
We are cautiously optimistic that our business strategy of operating efficiently will keep us on the right track. With today's headlines reminding us every day of the economic crossroad our country faces, our top priority is making sure your money is safe and your borrowing needs are met. We like being your bank and we like helping you sleep at night. Together, we will work through these unprecedented times.
On behalf of the Board of Directors, Officers and employees, who are fully aware that you can select many financial institutions as your bank, I want to thank you for selecting Parkvale and assure you that you have made the right decision.
Sincerely,
Robert J. McCarthy, Jr.
President and CEO
