NEWTON, Pa. -- Owen O. "Chip" Freeman Jr., chairman of both banks he started in the late 1980s, says community reinvestment was traditional in southeastern Pennsylvania well before the federal redlining law was enacted.

"We're career community bankers out here - as opposed to people who started with Chase or Citi and had a lot of sophisticated training. But you don't need sophistication when you're serving communities."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.