American Bankers Association

Scope and Contents From the Series: Series One of the Union Bank and Trust Company of Eastern Pennsylvania is made up of material from the Gosztonyi Savings and Trust, notable for their founder and president at the time of their public offering, Rozalia Gosztonyi, being one of, if not the, first female bank presidents in the Commonwealth of Pennsylvania. Gosztonyi went public in 1918 and would fail during the Great Depression. Their reorganization attempt resulted in a name change to Gosztonyi Bank in 1934 and in 1939, after...

Scope and Contents From the Series: Series Two of the Union Bank and Trust Company of Eastern Pennsylvania is made up of material from the People’s Bank of Bethlehem. A reorganization of the Gosztonyi Savings and Trust during the Depression resulted in a new corporation, Gosztonyi Bank, on August 7, 1934. On December 12, 1939, after the last Gosztonyi had left the bank, the name was changed to the People’s Bank of Bethlehem. Beginning in the mid-1950s the People’s Bank began exploring the possibility of merging with another...