Phoenixville Federal Bank

Phoenixville Federal Bank is a community bank offering personal and business checking and savings accounts, certificates of deposit, IRAs and money market accounts. Its lending includes mortgages, home equity lines and loans, student loans and business loans, and it also provides trust, estate settlement and wealth management services. The bank traces its roots to a building and loan association formed in Oaks in 1911 and describes itself as mutually owned.

Branches are in Limerick, Kimberton, Collegeville, Royersford and Phoenixville. The Phoenixville branch is under renovation, and a temporary banking office is set up in its parking lot. New accounts can be opened online in about ten minutes, and online banking and mobile deposit are available. Small business owners can also look into SBA financing and business lines of credit.