Peoples Security Bank & Trust Contributes More Than $1.5 Million to Local Educational Organizations Through the PA EITC Program
Dunmore, PA – February 10, 2026– Through the Pennsylvania Educational Improvement Tax Credit (EITC) Program, Peoples Security Bank & Trust (PSBT) contributed $1,572,581.46 in 2025 to support educational organizations across its service footprint. The EITC Program allows businesses to support education by directing a portion of their state tax obligations to a qualified Scholarship Organization, Educational Improvement Organization, and/or a Pre-Kindergarten Scholarship Organization.
PSBT’s EITC contributions helped fund scholarship programs, classroom materials, educational supplies, school grants, and specialized academic initiatives designed to expand access to quality education. In total, 110 organizations benefitted from these funds, including private schools, scholarship organizations, pre-kindergarten programs, school districts, colleges and universities, and other nonprofit partners serving students and families throughout the Bank’s Pennsylvania footprint.
Since 2015, PSBT has contributed more than $8.6 million through the EITC program. This sustained investment reflects the Bank’s long-standing commitment to strengthening the communities it serves by helping create opportunities for students to learn, grow, and succeed.
“It is important to us to invest in education because strong schools help build strong communities,” said Jeffrey Drobins, Executive Vice President and Chief Lending Officer. “The EITC Program allows us to make meaningful investments that support students today while helping to strengthen our communities for the future.”
The EITC Program plays a critical role in expanding educational opportunities across Pennsylvania by encouraging private-sector support for innovative and impactful programs. PSBT remains committed to participating in initiatives that promote access to education and long-term community development.
About Peoples Security Bank and Trust Company
Founded in 1905, Peoples Security Bank and Trust Company has 40 full-service branches across 15 counties in Pennsylvania, New York, and New Jersey. Peoples Security Bank and Trust Company offers a comprehensive range of financial services, including personal and business banking, home financing, insurance, and wealth management solutions. PSBT is dedicated to becoming the premier financial services provider in its markets, with a focus on quality, growth, and earnings. For more information, visit psbt.com.
Representatives from Peoples Security Bank & Trust (PSBT) and Pennsylvania private schools, scholarship organizations, pre-kindergarten programs, school districts, colleges, and universities recently gathered at PSBT’s Corporate Center in Moosic, PA., to celebrate the Bank’s 2025 contributions of more than $1.5 Million through the Pennsylvania Educational Improvement Tax Credit (EITC) Program.