New life for former S&T office
The former S&T Bank branch office in a residential area of Manor Township has been brought back to life.
Although the bank building faced the same potential blight as many other rural communities with a once-vibrant manufacturing base, it stood empty for just 10 months before being purchased by a life-long area family.
The building, originally built in 1966 for People's Bank of Ford City, was purchased by S&T bank in 2002 as part of its acquisition of People's Bank. The bank branch office served the financial needs of area residents until its closing on September 23, 2011.
The Warcholak family, residents of the area for three generations, purchased the building from S&T Bank in July. The family immigrated to the United States in 1910 from Wroblik Krolewski, Austria, eventually settling in the area to work at PPG Industries' Ford City glass factory.
Building owners Dan and Rose Warcholak spent their working years in the community. Dan was a 40-year employee at PPG's glass plant and Rose was a 40-year postal employee and postmaster of the Ford City office.
The Warcholaks have transformed the building into a multi-tenant property, with their son Stephen, a financial advisor with Edward Jones Investments, as its primary lease-holder.
Dan and Rose said, “Having lived and worked in the area our entire lives, we take great pride in the community. We didn't want the building to become a community eye sore. We're very pleased that the building will continue to serve the needs of the local community and, in particular, that our primary tenant will continue to serve the financial needs of area residents.”
“Investments are becoming increasingly more complex,” said Stephen Warcholak. “The need for a trusted financial advisor to help navigate the myriad of sophisticated investment choices has never been greater. Individuals often do not realize that there are many investment alternatives available relative to today's low yielding bank accounts. We are extremely gratified for the opportunity to serve the financial needs of people in the local area.”
Edward Jones has nearly 11,000 offices in 50 states and has more branch offices than any other brokerage firm in the country, Stephen Warcholak said. It has about 106 offices in Western Pennsylvania and northern West Virginia, and is continuing to expand its presence in area.
Edward Jones has already opened two new offices in Armstrong County so far this year. The new Manor Township office is planning a public grand-opening celebration in May.