FNCB apartments project in Scranton

FNCB Bank, locally based since 1910, has announced an $11,013,953 Low Income Housing Tax Credit (LIHTC) Investment for the Scranton Square Apartments project through the Pennsylvania Housing Finance Agency (PHFA).

The project, located close to Dunmore on Dickson Ave. in the Green Ridge section of Scranton, will consist of 36 newly constructed senior housing units. Of the units, 32 are slated to be one bedroom and four are two bedrooms. The units will be affordable to low-income households falling below various levels of the area median income (AMI).

“The need for affordable, safe and accessible housing is great in our community,” said Jerry Champi, FNCB Bank President and CEO. “This project will not only provide much needed housing for low-income senior citizens, but it is also redeveloping a large vacant lot in the city. FNCB Bank is pleased to be a partner on this project by providing a significant portion of the total cost.” 

Additional partners include Quandel Construction Group as the general contractor, and the project’s developer, QSP Development, which is a Quandel Enterprises affiliate.

Scranton Square Project is part of FNCB’s larger Community Caring initiative. As a true, local community bank, FNCB is making a difference through volunteerism, donations, and outreach programs.

FNCB Bancorp certified by CFE Fund

FNCB Bancorp, In the parent company of Dunmore-based FNCB Bank, has announced that FNCB Bank’s Opportunity Checking account was officially certified by the national Cities for Financial Empowerment Fund (CFE Fund) as meeting the Bank On National Account Standards (2021 – 2022)

The national safe account Standards, co-created by consumer advocates, leading national nonprofit organizations, civic leaders, and other financial institutions, designate both core and strongly recommended features that ensure low cost, high functionality, and consumer safety.

Key features of Opportunity Checking include a monthly cost of only $5, no overdraft or nonsufficient fund fees, the ability to pay bills and make purchases, and federal deposit insurance. Opportunity Checking is available in every one of FNCB Bank’s 16 branches across Northeast Pennsylvania.

“We are honored to receive the Bank On certification for our Opportunity Checking account.” said Gerard Champi, FNCB Bank President and CEO. “Our team analyzed the needs of our community and designed a safe, affordable account that offers many unbanked individuals the opportunity to open a checking account with online access, no overdraft fees and access to more than 55,000 surcharge free ATMs.”  

The goal of Bank On is to ensure that everyone has access to safe and affordable financial products and services. The Bank On National Account Standards identify critical product features for appropriate bank or credit union accounts, making it easier for local coalitions across the country to connect consumers to accounts that meet their needs.

FNCB Bank’s Opportunity Checking is available at all 16 branches in Lackawanna, Luzerne and Wayne counties. To learn more about Bank On and the National Account Standards click here, or follow the conversation on Twitter @CFEfund #BankOn.

$20,000 Donation to Help West Side Career and Technology Center

FNCB Bank presents a $20,000 donation to the West Side Career and Technology Center that will be used to fund equipment for the metals lab, cosmetology kits and competition field trips.

From left: Richard Rava, West Side CTC Assistant Director/Principal; Larry Schuler, Joint Operating Committee President; Kelley Zionce, FNCB Bank Assistant Vice President; Kayla Mazur, West Side CTC Cosmetology; Nicole Kmetz, West Side CTC Computer Information Technology; and Michael Galanda, West Side CTC Machining.