Amish-Backed Bank Reaches $1.7 Billion In Assets

A popular Amish-backed bank has recently opened its eighth location, in Lancaster County, Pennsylvania. The Bank of Bird-in-Hand was founded in 2013 and has proven an unmitigated success story for its customers in the southeastern Pennsylvania region.

The bank has made news often in the past – including for its unusual means of reaching its customers – providing a “Gelt Bus” mobile bank to make business easier for its non-driving Amish and Mennonite clientele (“gelt” means “money” in Pennsylvania Dutch).

Furthermore, the Bank of Bird-in-Hand has enjoyed steady success since it became the first bank founded in three years following the late 2000s financial crisis.

Back in 2015, it was reported to have totaled over $60 million in loans in its first year in business. Ten years later, its total assets are up to $1.7 billion. More from Lancaster Online:…

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