Univest Begins Construction of Financial Center in Newtown

 newtown groundbreaking


Pictured from left to right: Kyle Davis, Newtown Board of Supervisors; Jeff Schweitzer, president and CEO, Univest Corporation;  Louis Spinelli, executive vice president and director of consumer strategy and delivery, Univest Bank and Trust Co.; Dana Rose, assistant vice president and manager, Univest Newtown Financial Center; Michael Gallagher, Newtown Board of Supervisors                               


NEWTOWN, Pa., August 13, 2014 – Univest Bank and Trust Co. held a groundbreaking ceremony to announce the start of construction on a financial center at 15 Swamp Road in Newtown.  The 2,200 square-foot location which will include a drive-up lane and an ATM will be the first Univest financial center to feature a newly designed customer experience.  In addition to conducting traditional banking transactions, the new model will allow visitors to view product demos, explore mobile banking options and utilize technology-based, self-service options.  The integrated office will offer an array of financial solutions including home loans, insurance, wealth management and investments.  The financial center is slated to open by year’s end.  


“We’ve been building relationships here in the Newtown community for 11 years and we are excited to begin the next chapter with a newly designed financial center,” said Louis Spinelli, executive vice president and director of consumer strategy and delivery.  “We’ve been working on this innovative model for more than two years in response to the changing ways consumers are doing their banking.  With this new approach we are striving to keep visiting a bank branch relevant by providing a customer-focused experience that combines the latest technology with personalized service.” 


About Univest Corporation

Univest Corporation of Pennsylvania (UVSP), including its wholly-owned subsidiary, Univest Bank and Trust Co., Member FDIC, has $2.2 billion in assets, and $3.0 billion in assets under management and supervision through its Wealth Management lines of business. Headquartered in Souderton, Pa. and founded in 1876, the Corporation and its subsidiaries provide a full range of financial solutions for individuals, businesses, municipalities and nonprofit organizations in the Mid-Atlantic Region. Univest delivers these services through a network of more than 40 offices in southeastern Pennsylvania extending to the Lehigh Valley, Maryland and online at www.univest.net.