Wayne Bank

Wayne Bank was founded in Honesdale, Pennsylvania as Wayne County Savings Bank, named after Major General Anthony Wayne, a notable soldier, officer, and statesman. In its early years, the bank, led by a local merchant and businessman, financed a range of ventures from boat building and harness manufacturing to tanneries and farming, supporting Hone... sdales growth as a canal town. Over time, Wayne Bank played a key role in the development of glassworks, textile, and logging industries in the region, relocating its headquarters several times before establishing its current corporate office on Main Street in Honesdale. Throughout the twentieth century, the bank expanded by opening new branches across several counties in Pennsylvania and officially adopted the name Wayne Bank. Its holding company, Norwood Financial Corp., was later established, with stock listed on the Nasdaq National Market. The bank continued its expansion in the twenty-first century through acquisitions, extending its presence into additional counties in Pennsylvania and New York State while maintaining its focus on regional growth and community banking.Read More