NOVA Financial Holdings, Inc is a multiple bank holding company that operates two wholly owned subsidiaries, Pennsylvania Business Bank and NOVA Bank. As a registered bank holding company and is subject to regulation and supervision by the Board of Governors of the Federal Reserve System.
On November 10, 2008 NOVA Financial Holdings completed the merger with Pennsylvania Business Bank. The merger increased NOVA Financial Holdings, Inc. assets to $620 million. Nova Financial Holdings is the 18th largest banking organization in Philadelphia with13 business center locations. Pennsylvania Business Bank is a $110 million Pennsylvania State Chartered bank headquartered in Philadelphia PA, operating four branches; two in the Philadelphia County and two in Gloucester County, New Jersey. NOVA Bank operates 9 branches throughout Philadelphia, Montgomery, Chester and Delaware Counties in Pennsylvania and a Loan Production Center in Lehigh County.
NOVA Bank and Pennsylvania Business Bank offers personal banking services, business banking services, financial planning, and wealth management services. NOVA Bank also operates a wholly owned subsidiary that delivers non bank financial services, NOVA Financial Services, Inc. Formed in July 2003, NOVA Financial Services, Inc., is a wholly-owned subsidiary of NOVA Bank and is a Pennsylvania corporation. NOVA Financial Services, Inc., through an agreement with UVEST Financial Services, offers our customers access to a variety of investment, insurance, and planning services, such as tax deferred annuities, life insurance products, mutual funds, tax planning, financial planning, estate planning, and 401(k) plan administration. UVEST is a registered broker dealer and a FINRA/SIPC member firm. UVEST and NOVA Financial Services are independent entities.
NOVA Bank and Pennsylvania Business Bank offer client-driven personal financial solutions to meet their customer’s needs and lifestyle. Bank products and services include traditional checking and savings accounts, loans and online banking, to special services like overdraft protection and direct deposit. When customers select multiple bank products, the interest rates offered get more attractive.
A partial list of the vast assortment of the combined banks products and services include: statement savings, money market savings, Coverdell Education, savings accounts, certificates of deposit – with fixed rates available for as short as 3 months and up to 5 years, basic checking, regular checking, interest checking, no fee interest checking and a variety of credit cards with a wide range of benefits including competitive introductory rates and the consumers choice of rewards programs. In the lending arena, the combined bank products include: auto loan, CD secured loan, home equity installment loan, home equity line of credit, residential mortgages and online banking. The business products and services provided by the bank include: basic business checking, business checking, interest business checking, analyzed business checking, not-for-profit business checking, business statement savings, business money market savings, certificates of deposit -fixed interest rates for businesses that want fixed interest rate on their funds, term Loans, lines of credit, commercial mortgages, equipment leasing as well as a full range of cash management products that are delivered electronically to create solutions that help businesses efficiently manage their business.

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