Univest Bank and Trust Co.: A Comprehensive Guide to Your Financial Partner

Univest Bank and Trust Co. (hereafter referred to as Univest) is a leading financial institution with a rich history spanning over 140 years. Headquartered in Souderton, Pennsylvania, Univest operates a network of over 50 branches throughout the Greater Philadelphia region and Central New Jersey. With a strong focus on community banking, Univest has consistently ranked among the top financial performers in the country.

Univest's Mission and Vision

Univest's mission is to "help people achieve their financial goals by providing exceptional banking and wealth management services." The bank's vision is to be "the trusted financial partner for every individual, business, and organization we serve."

Univest's Core Values

Univest's core values guide the organization's operations and interactions with its customers, employees, and communities. These values include:

• Integrity: Adhering to the highest ethical standards and conducting business with honesty and transparency.
• Teamwork: Collaborating effectively to achieve shared goals.
• Excellence: Striving for the highest quality in all aspects of its operations.
• Innovation: Embracing new ideas and technologies to enhance customer experiences.
• Community: Being actively involved in the communities it serves.

Univest's Financial Performance

Univest has a strong track record of financial performance. In 2021, the bank reported net income of $136.9 million, up 15% from the previous year. Total assets grew to $6.1 billion, an increase of 12%. Univest's strong capital position and high credit ratings have earned it recognition from leading industry analysts.

Products and Services Offered by Univest

Univest offers a wide range of banking and wealth management products and services to meet the needs of its customers. These include:

Personal Banking:
* Checking and savings accounts
* Certificates of deposit
* Mortgages
* Home equity loans
* Credit cards

Business Banking:
* Commercial loans
* Lines of credit
* Cash management services
* Merchant services

Wealth Management:
* Investment management
* Retirement planning
* Estate planning
* Trust services

Univest's Commitment to Community

Univest is deeply committed to the communities it serves. The bank supports local businesses, non-profit organizations, and educational initiatives through its outreach programs. Univest employees volunteer their time and resources to make a difference in the lives of others.

Univest Bank and Trust Co.: A Trusted Financial Partner

With its long-standing history, strong financial performance, and commitment to customer service, Univest Bank and Trust Co. is a trusted financial partner for individuals, businesses, and organizations in the Greater Philadelphia region and Central New Jersey.

Univest's Effective Strategies for Financial Success

Univest's success is attributed to a combination of effective strategies that have helped the bank consistently outperform its competitors. These strategies include:

• Customer-Centric Approach: Univest places its customers at the heart of everything it does. The bank's products and services are tailored to meet the specific needs of its clientele.
• Focus on Community Banking: Univest operates under a community banking model, which allows it to build strong relationships with its customers and understand their unique financial requirements.
• Technology Adoption: Univest invests heavily in technology to enhance customer experiences and streamline its operations. The bank's mobile banking app, online banking platform, and digital lending tools provide convenience and ease of use to customers.
• Employee Development: Univest recognizes the importance of its employees. The bank invests in employee training and development programs to create a highly skilled and motivated workforce.

How to Become a Univest Customer: A Step-by-Step Approach

Becoming a Univest customer is easy and convenient. You can follow the steps below:

1. Visit a Branch: You can visit any of Univest's 50+ branches to open an account or speak with a financial advisor.
2. Call the Customer Service Center: You can call 1-800-864-3338 to speak with a customer service representative who can assist you with opening an account.
3. Apply Online: You can apply for an account online through Univest's website: www.univest.net.

Why Univest Matters: Benefits of Banking with Univest

There are numerous benefits to banking with Univest. Some of the key benefits include:

• Personalized Service: Univest takes a personal approach to banking. Its employees are knowledgeable and dedicated to helping customers achieve their financial goals.
• Competitive Rates: Univest offers competitive rates on its banking products and services. This helps customers save money and maximize their earnings.
• Convenience: Univest's extensive branch network and digital banking tools make it easy to access your accounts and manage your finances.
• Local Decision-Making: Univest's local management structure allows it to make decisions quickly and efficiently, ensuring that customers receive timely and responsive service.

Frequently Asked Questions (FAQs) About Univest

Q1. Is Univest FDIC-insured?
A: Yes, Univest Bank and Trust Co. is a member of the Federal Deposit Insurance Corporation (FDIC), which insures deposits up to $250,000 per depositor.

Q2. What are the hours of operation for Univest branches?
A: Univest branches typically operate Monday through Friday from 9:00 AM to 5:00 PM and Saturday from 9:00 AM to 1:00 PM. Hours may vary by location.

Q3. Does Univest offer investment management services?
A: Yes, Univest offers a range of investment management services, including asset allocation, portfolio management, and retirement planning.

Q4. How do I report a lost or stolen debit card?
A: You can report a lost or stolen debit card by calling Univest's Customer Service Center at 1-800-864-3338.

Q5. What is Univest's mobile banking app called?
A: Univest's mobile banking app is called Univest Mobile. It is available for download on the Apple App Store and Google Play Store.

Q6. Does Univest offer student loans?
A: No, Univest does not currently offer student loans.

Table 1: Univest's Financial Performance

Table 2: Univest's Top Officers

Table 3: Univest's Branch Locations