History of New Century Bank, now Customers 1st Bank

Growth and Evolution

New Century Bank set out to make a difference in the banking universe in 1997. Since then, the Bank has evolved to include five branches throughout Chester and Delaware Counties.

The New Century Bank Building on the corner of Starr and Bridge Streets in Phoenixville is a symbol of Phoenixville’s rebirth and the Bank’s history of positive growth.

Phoenixville is a town in the midst of a renaissance and New Century Bank is poised to support the region’s rebirth. Bridge Street, the town’s main thoroughfare, with its improved infrastructure, streetscapes, lighting and building facades, a variety of new, restaurants, cultural venues and entertainment choices, has become a symbol of the Borough’s rebirth. Looking back on the past ten years, one can survey Phoenixville’s growth, particularly along Bridge Street, and identify many ventures for which Customers 1st has provided financing and support.

Non-profit organizations receiving the Bank’s support are many and range from the Good Samaritan Men’s Shelter on Phoenixville’s North Side to Owen J. Roberts Educational Foundation. In addition to direct financing, the Bank provides various non-profit community organizations with leadership, sponsorship and guidance.

Newtown Square, home to New Century Bank’s second branch, is also a community that has been undergoing significant change over the past decade, as it slowly transforms from a suburban community with plentiful open space into a higher density region with numerous upscale commercial and retail ventures.

New Century Bank’s Main Line locations in the communities of Malvern and Wayne mirror, in many ways, the changes happening in Phoenixville and Newtown Square.

Cutting the ribbon during New Century Bank’s Grand Opening celebration in 1997 at the Kimberton, Pennsylvania branch.

There is rebirth and growth but, with those transformations come personality shifts from bedroom suburbs to thriving small business zones, sizable corporate centers and tangible residential growth. As a business, New Century Bank faces these same opportunities and challenges, alongside the communities that we support.

New Century Bank’s history is accompanied by examples of supporting enterprises that positively impact the community. As New Century Bank celebrates its tenth anniversary, we continue to support Phoenixville’s exciting renewal as well as all of the other special communities in which we conduct business. The Bank most recently relocated corporate headquareters into the Borough of Phoenixville with a new branch on the way.

The newly constructed New Century Bank Building at the corner of Bridge and Starr Streets will serve as a Borough landmark for the community and the Bank with a history of community involvement and support.