July 30, 2018

JSSB Mortgage Service Team Ranked #1 By USDA

Williamsport, PA – On July 3rd Jersey Shore State Bank Mortgage Services Team was recognized by the USDA for ranking #1 throughout Pennsylvania for Underwriting Quality with no First Year Payment Defaults. JSSB also came in as the 5th highest producer in PA, which equated to 187 units for $21 million of USDA/ RHS mortgages.  As President of JSSB Mortgage Services, Jerry Seman accepted the award presented by USDA Housing Coordinator Program Director, David Corwin.  Seman stated, “Our success of this program comes from our professional Mortgage Loan Originators who have the expertise and are passionate about serving our communities to make the dream of homeownership a reality.”

USDA Single Family Housing Guaranteed Loan Program provides moderate income households the opportunity to purchase a single family primary home and finance up to 100% of the purchase price.  Jersey Shore State Bank Mortgage Services has been a leader in originations of the USDA program for almost two decades.

Penns Woods Bancorp, Inc. is the $1.4 billion parent company of Jersey Shore State Bank and Luzerne Bank. Jersey Shore State Bank operates seventeen branch offices providing financial services in Lycoming, Clinton, Centre, Montour and Union Counties. Luzerne Bank operates nine branch offices providing financial services in Luzerne and Lackawanna counties. Investment and insurances products are offered through Jersey Shore State Bank’s subsidiary, The M Group, Inc. D/B/A The Comprehensive Financial Group. Insurance products are offered through United Insurance Solutions, LLC a joint venture that is a subsidiary of the holding company.