Summary
Univest Financial Corporation operates as the bank holding company for Univest Bank and Trust Co. that provides banking products and services primarily in Pennsylvania. It operates through three segments: Banking, Wealth Management, and Insurance. The Banking segment provides a range of banking services, such as deposit taking, loan origination and servicing, mortgage banking, other general banking, and equipment lease financing services for individuals, businesses, municipalities, and nonprofit organizations. The Wealth Management segment offers investment advisory, financial planning, and trust and brokerage services for private families and individuals, municipal pension plans, retirement plans, and trusts and guardianships. The Insurance segment provides commercial property and casualty insurance, employee benefits solutions, personal insurance lines, and human resources consulting services. It serves customers primarily in Bucks, Berks, Chester, Cumberland, Dauphin, Delaware, Lancaster, Lehigh, Montgomery, Northampton, Philadelphia, and York counties in Pennsylvania; and Atlantic, Burlington, and Cape May counties in New Jersey through 37 banking offices. The company was formerly known as Univest Corporation of Pennsylvania and changed its name to Univest Financial Corporation in January 2019. Univest Financial Corporation was founded in 1876 and is headquartered in Souderton, Pennsylvania.
History
Univest was founded in 1876 as an agricultural bank in Souderton, Pennsylvania. Since then, we have grown to over $7 billion in assets with more than two dozen branches serving Southeastern Pennsylvania and nearby New Jersey and Maryland.
Mission
At Univest, our mission is to develop and deliver the best financial and relationship services to our customers by understanding their unique needs, applying and managing the newest technologies, and creating local-driven strategies.
Vision
Univest strives to be the most trusted provider of financial services in the communities we serve, and have developed innovative ways to meet customers’ financial needs. We will continue to focus on our core values of respect, collaboration, excellence, and service.
Key Team
Ms. Megan Duryea Santana Esq. (Sr. Exec. VP, Chief Risk Officer, Gen. Counsel & Corp. Sec.)
Mr. Eric W. Conner (Sr. EVP & Chief Information Officer)
Nicole Heverly (Sr. VP of Corp. Communications)
Ms. Karen Elizabeth Tejkl (Sr. VP)
Ms. M. Theresa Fosko (Exec. VP & Chief HR Officer)
Mr. George D. Terry (Exec. VP)
Mr. John W. Duerksen (Exec. VP of Corp. Banking - Montgomery County)
Recognition and Awards
Univest has been honored as one of the United States' Top 100 Community Banks for the past three years. Additionally, Univest has been awarded numerous community service awards for its philanthropic efforts.
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