P.O. Box 3558, Allentown, PA 18106 (610) 433-7486

Press Information & Links to Stories

Great Bear Bank Nears Completion of Capital Formation, Expected to Open Shortly

Great Bear Bank is close to finalizing its $12 Million initial captial raise.


Great Bear Bank Ready to Captalize on AFC First's Leading Role in "Green" Energy Efficiency Lending

Great Bear Bank's Impact on the Growth and Expansion of AFC First's Multi-State Energy Efficiency Lending Business.

 

AFC First's EnergyLoan Programs Set Records for Both Loan Volume and Credit Quality in 2007

Loan Volume was up over 30% and credti quality remained outstanding with delinquency at less than 1%.

 

AFC First Selected as Exclusive Lender for State of Connecticut's Residential Solar Energy Program

The Board of Directors of the Connecticut Clean Energy Fund has awarded AFC First Financial Corporation the exclusive contract to provide consumer financing for an innovative program for Connecticut residents to install Solar PV energy systems.


Great Bear Bank Featured in SNL Financial Article

Great Bear Bank is hoping to reach its capital raising goal of $12 million shortly, having raised approximately $8 million as of late September, and is aiming to open by the end of the year, or in early 2008.

 

AFC First, PA Treasury Keystone HELP Program Hits $10 Million Milestone

In its first year and half, more than $10 million in residential energy efficiency loan have been funded though an Allentown-based state program.

 

Worried About That Old Furnace? There's Keystone HELP

Keystone HELP was expanded statewide last year as a partnership between AFC First of Allentown and the Pennsylvania Treasury Department.

 

Treasurer Weismann: Pennsylvania Families Can Save Money and Conserve Energy with Keystone HELP

In 2006, the Pennsylvania Treasury Department partnered with AFC First Financial Corporation of Allentown, and agreed to invest up to $20 million to expand Keystone HELP statewide.

 

EnergyLoan Plan Gaining in Popularity

AFC First's EnergyLoan plan is up 41% this year over last.

 

Great Bear Bank Profiled in Feature Story in East Penn Business Journal

Great Bear Bank, with its unique model of state-of-the art community banking combined with AFC First's fast growing energy efficiency lending business, is rapidly attracting investors.

 

Metavante Partners with AFC First for National Programs in HVAC Financing

Metavante Corporation, the banking and payments technology subsidiary of Marshall & Ilsley Corporation (NYSE:MI), today announced that it has signed an agreement with AFC First Financial Corporation (AFC) to provide a Web–based consumer loan origination solution for its residential HVAC and energy–efficiency home improvement loan programs.

 

AFC First Work In Energy Efficiency Lending Spotlighted by PA Treasury Department

Homeowners from 60 of Pennsylvania’s 67 counties have already applied for and received more than $9 million in KeystoneHELP loans since the program’s statewide expansion.

 

Locally Grown Bank Closer to Opening

Great Bear Bank, a new financial institution announced last March, is moving forward with its capital campaign and expects to open by the fall.

Theresa M. Wasko to Join Great Bear Bank As Chief Financial Officer

Great Bear Bank, a Lehigh Valley, Pa-based community bank currently in organization, has announced that Theresa M. Wasko will join the bank as the Chief Financial Officer in Autumn 2007.

Jeffery Gatter, Former Bank CEO to Head Great Bear Bank’s Mortgage Lending

Great Bear Bank, a Lehigh Valley, Pa-based community bank in organization, has announced that Jeffery E. Gatter, former President and CEO of Public Saving Bank, has joined the bank as Senior Vice President and Director of Mortgage Lending.

Great Bear Bank begins

Great Bear Bank, a newly chartered bank for the area, is commencing a capital funding campaign. The Conditional Charter permits the banks to commence raising capital...

Key Role of AFC First's Keystone Home Energy Loan Program Cited at Press Conference

The Ulmer sisters used a Keystone Home Energy Loan Program, or Keystone HELP loan to buy a high-efficiency furnace that reduced their heating oil consumption by 47 percent...

Planners Review Hamilton Blvd. Projects

...commission voted to recommend that township supervisors conditionally approve plans for a new lot along Route 100 near Willow Lane for Great Bear Bank.

Pennsylvania Bulletin: Department of Banking Notices

New Charter Applications, PDF Page #15, Publication Page #1127

Lower Macungie getting new bank

The Lower Macungie businessmen are organizing a startup community bank, Great Bear Bank, they hope will open in May or June...

New bank to open in Macungie area

Great Bear Bank could open as early as May, according to co-founders Peter Krajsa and John Hayes. The two currently lead AFC First Financial Corp...

Fort Worth Star Telegram, Wilkes Barre Times-Leader, Centre Daily Times