NWFL Description: Norwood Financial Corp. operates as the bank holding company for Wayne Bank that provides various banking products and services in Wayne, Pike, Monroe, Lackawanna, and Susquehanna counties, Pennsylvania. It accepts a range of deposit products, such as interest-bearing and noninterest-bearing transaction accounts, statement savings and money market accounts, and certificate of deposits. The company also offers various loans, which include commercial loans comprising lines of credit, revolving credit, term loans, mortgages, secured lending products, and letter of credit facilities; construction loans for commercial construction projects and single-family residences; land loans; consumer loans; mortgage lending to finance principal residences and second home dwellings; and indirect dealer financing of new and used automobiles, boats, and recreational vehicles. In addition, it provides investment securities services; and cash management, direct deposit, remote deposit capture, automated clearing house, trust, investment products, title and real estate settlement, and Internet and mobile banking services. Further, the company is involved in annuity and mutual fund sales; and discount brokerage activities, as well as operates as an insurance agency. It serves consumers, businesses, nonprofit organizations, and municipalities. The company operates through its main office in Honesdale, Pennsylvania, as well as through 14 branch offices and 15 automated teller machines. The company was founded in 1870 and is headquartered in Honesdale, Pennsylvania. |