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Hatboro Federal Savings

Friday, April 5, 2013

Construction Underway at Former Wachovia Bank

Since taking ownership of the shuttered bank in late 2011, Hatboro Federal Savings has been working to renovate the building.

Since the sale of the formerly borough-owned Wachovia Bank building in late 2011, contractors have been busily working to transform the long-time shuttered structure into useable office space. Piles of rubble surrounded the rear exterior of the building this week as contractors behind a fenced-in area worked to renovate the space now owned by Hatboro Federal Savings.  Hatboro Federal's President and CEO Joseph J. Tryon Jr. told Patch previously that he intended to move the bank's administration offices, as well as its boardroom to the former Wachovia Bank building. In addition, some of the people working in the branch on York Road - one of four Hatboro Federal locations - would be relocated there, he had said.  The intent is to "keep the …

Monday, January 21, 2013

Hatboro Seeks Money for Wachovia Lot Paving

The Hatboro Borough Council intends to ask the Hatboro Borough Authority to cover the cost of paving the lot.

If the Hatboro Borough Council has its way, the 150-space parking lot behind the former Wachovia Bank will be repaved soon. During last week’s meeting, Council President John Zygmont said he intended to go to the Hatboro Borough Authority’s February meeting to ask for funds to pave the former bank’s parking lot. But, before he goes, Zygmont said he wanted the governing body to take a formal vote at its Jan. 28 meeting. “I want it all laid out so that when I go there I go with the authority of council asking for the money,” Zygmont said. The Hatboro Borough Authority forked over $400,000 so that elected officials could buy the shuttered Wachovia Bank property on York Road in 2009. In return for the $800,000 purchase – which was also funded …

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Robert Hegele

10:10 pm on Thursday, January 24, 2013

stay at home dad... please don't blame John Zygmont for this website issue. He has nothing, but nothing to do with it. We are still trying to work through some glitches here. At some point and I hope soon, the website will live up to what we promised it would do. It will be a lot better than the broken website be we were stuck with since the 90's, and nobody seemed to care. We are trying. If you …   more ›

Tuesday, March 20, 2012

Hatboro Chamber Has New President

Greater Hatboro Chamber of Commerce President Joseph Tryon says he knows why Hatboro "thrives."

The new president of the Greater Hatboro Chamber of Commerce, Joseph J. Tryon, has been involved with the chamber for almost as long as he has worked at Hatboro Federal Savings - 42 years. Tryon, who is president and CEO of the 70-year-old hometown bank, served previously as head of the chamber in the 1970s and, again, in the early 2000s. Tryon, who replaces outgoing president Bill George, said one aspect he wants to focus on is using the chamber to bring more events into the center of town. The first of those big events is the upcoming Second Saturday, which will launch on April 14, and run from 2 p.m. to 6 p.m. “Everyone has First Friday,” said Tryon, an Ivyland resident and father of three adult children. The Chamber is using Second …

Monday, December 5, 2011

Settlement Set for Former Wachovia Building

The borough-owned structure will be transferred to new owner, Hatboro Federal Savings, on Dec. 15.

On Dec. 15 it will become official: The vacant Wachovia Bank building in Hatboro will be conveyed to its neighbor, Hatboro Federal Savings. The Hatboro Borough Council, on Monday night, voted 5-0 to have Borough Manager Steven Plaugher execute a deed for conveyance of the property, which is located at 212 S. York Road. Council members Aleta Ostrander and John Zygmont - who had recused himself previously from voting on the $500,000 transfer - were absent. "Thank God," was the lone comment made during public comment prior to a vote being taken. Hatboro Federal President and CEO Joseph J. Tryon, Jr. told Patch previously that the bank planned to move its administration offices, as well as its boardroom to the former Wachovia Bank building. In…

Kathy Burgess

4:39 pm on Wednesday, December 7, 2011

Hoping Hatboro Federal can offer safe deposit boxes at this location. It is a service that is not available at the 4 branches.   more ›

Monday, November 28, 2011

Hatboro Sells Wachovia Bank Building

Hatboro Federal plans to relocate administration offices to the facility following six to eight months of construction.

After several failed attempts to sell the borough-owned former Wachovia Bank building, the Hatboro Borough Council on Monday voted to approve its $500,000 sale. Hatboro Federal Savings’ offer was $50,000 less than the borough had requested and roughly $300,000 shy of the borough’s original $800,000 purchase price in 2009, according to Councilman John Zygmont. Yet, Zygmont contends the borough "really broke about even." "We divided the parcel in two and retained a municpal lot," Zygmont said. "The appraised value of the lot when we bought was $400,000." Zygmont, who serves on Hatboro Federals’ board, recused himself from voting on Monday and said he’s also recused himself at the bank as well. “The good thing is it’s going to be going back …

website mess

9:07 pm on Wednesday, March 21, 2012

Since Zygmont and his GOP pals took control of council no meeting minutes have been posted to the boro website. If you want to look at the minutes then call borough hall so Zygmont can track who you are.   more ›

Friday, September 2, 2011

Community Leader Celebrates Fundraising Milestone

Frank Jarrett will chair his 30th Lobster Pot, the Hatboro Rotary Club's annual fundraiser, this weekend.

"Service Above Self." That’s the motto that the Rotary Club of Hatboro lives by, and an idea that has fueled a longtime community event and its perennial organizer.  Frank Jarrett has chaired the club’s Lobster Pot fundraiser, coming up Sept. 10, for 30 years, after resurrecting the fundraiser from near-extinction. In 1962, at the urging of his father — himself a Rotarian and the late founder and owner of Jarrett Dodge, a fixture in Hatboro since 1946 — Jarrett joined the club, which unites community members to support charitable agencies in the area.  “I knew a lot of people who were Rotarians, and they were business and professional people in the area, so I thought that would be a great opportunity to get to know them better,” Jarrett …

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