July 2, 2012

Susquehanna Bank to Establish Training Facility in Mountville

100+ Employees Trained Daily Expected to Benefit Local Restaurant & Hotel Business

Lititz, Pa (July 2, 2012)  

Susquehanna Bank is developing a centralized training facility in Mountville, which is expected to draw more than 100 employees from four states for training each day.


Following a $3 million renovation project, the Susquehanna Learning and Resource Center at 3840 Hempland Road is slated to open this summer, providing a steady stream of potential patrons for local restaurants and hotels.


“Developing a central location for our employee education programs will enable us to provide more training in high-tech classrooms, a consistent curriculum and schedule, and greater interaction among employees from all areas of our market territory,” said William J. Reuter, Chairman and Chief Executive Officer of the bank’s parent company, Susquehanna Bancshares, Inc.


“As an added benefit, we are excited about what this means to the local economy, as our employees from throughout the Mid-Atlantic region visit local restaurants, hotels and attractions,” Reuter said. “We want their visit to include more than a training experience. Lancaster County has served as our bank’s headquarters since it was founded more than a century ago, and the area’s rich history and strong work ethic are part of our company identity as a ‘Main Street’ bank.”


Susquehanna Bank’s Mountville facility will serve as the home for more than 40 employees in the training and corporate human resources departments. In addition to training sessions for tellers, financial service representatives and lenders, the facility also will be used for orientations for all new employees as well as other company events.


The 44,000-square-foot building will include classrooms outfitted with computers where employees will receive hands-on training in bank systems. In addition, there will be other classrooms and a large room that can accommodate 125-175 people for meetings or other functions.  



Susquehanna signed a 10-year lease for the Mountville facility with property owner High Properties. Ruth Devenney of High Associates Ltd. handled the transaction, and High Associates will also perform the renovations and provide property management services.


“We are privileged to work with Susquehanna Bank and provide a solution to their real estate needs,” said Mark Fitzgerald, President and Chief Operating Officer of High Associates. “The High Associates team looks forward to contributing to the success of the new training facility.”


The Mountville building had been used as offices by Graystone Tower Bank; Susquehanna acquired Graystone parent company Tower Bancorp Inc. on February 17, 2012.


Susquehanna Bank operates 260 branch offices in Pennsylvania, New Jersey, Maryland and West Virginia. It is part of Susquehanna Bancshares, Inc., a financial services holding company with assets of more than $17.5 billion and 3,300 employees. Through Susquehanna Wealth Management, the company also offers investment, fiduciary, brokerage, insurance, retirement planning, and private banking services. Susquehanna also operates an insurance brokerage and employee benefits company, a commercial finance company and a vehicle leasing company. For more information, please visit www.susquehanna.net.



Media Inquiries

Stephen Trapnell, Director of Corporate Communications
Office: 717.625.6548  | Cell: 717.271.8612
Email: communications@susquehanna.net