The Susquehanna Bank is a regional financial services holding company that has assets of about $14 billion. They give financial services to greater than 220 office locations in Pennsylvania, New Jersey, Maryland, and West Virginia. They have a service known as wealth management, that gives investment, brokerage, insurance, fiduciary, private banking, and retirement planning assistance. The Susquehanna Bank also has an insurance and employee benefits service, a vehicle leasing service, and a commercial finance company as well. They have a vast array of financial services, which they manage on a local level to give the most to their communities and customers.
Susquehanna Bank Mission
The Susquehanna Bank has a mission to assist their customers in getting where they want to be financially, to give shareholders awesome returns, and to help their communities through building their economic strength. They work hard to build lasting relationships with shareholders, customers, co-workers, and neighbors by always providing superb personal service in everything they do. They purport to always work in a manner that is both ethical and honest, make certain they communicate openly, and treat people as individuals.
Susquehanna Bank Services
The Susquehanna Bank offers personal checking with different options to suit people. They have 230 branch ATMs on the Mid Atlantic region. They have free checking that offers unlimited check writing, you do not need to have a daily balance, and they do not charge a monthly maintenance fee. They also have savings and money market for businesses and make it easy to get to your money, and easy to keep records, no limit on over the counter deposits and withdrawals, and you receive interest that is credited to your account each month. They also offer free Internet banking for businesses, a business credit card with rewards, merchant card services and free electronic statements. It will always be necessary to take timely independent professional advice to ensure that any investment decisions are appropriate.
Susquehanna Retirement Services
The Susquehanna Bank offers retirement services through a team of highly skilled team members that feature 401k, defined benefit plans, defined contribution plans, and solutions that are customized for the individual. They go over your goals and needs for business and work to make a plan that would benefit you the most. For an employee benefit plan, they select the right choices for investments that give the greatest options, avoid unneeded risk, and allow you to keep a good level of employee communication as well.
For employees, they offer a detailed employee enrollment program, as well as participant education that continues, so that employees remain educated at all times.
They offer trustee services that enable your employee benefit plan to run efficiently and without hang-ups. They act as plan trustee, so they are responsible for processing contributions and transactions, preparing financial statements, giving funds to participants, filing reports for the government, and providing custody services.
The Susquehanna Bank also has certificates of deposit, which include 7-90 days fixed rate, 3-5 month fixed rate, 6-11 month fixed rate, and 12-120 month fixed rate. They also offer traditional IRAS, Roth IRAS, and Coverdell Education savings account. The traditional IRA features deferred taxes on earnings until they are taken out, penalty for withdrawals before age 59 1/2, and some contributions are tax deductible.