S&T Bank Supports Affordable Housing Program: Orchard Hill Town Homes Offer Residents New Housing Solutions

S&T Bank Supports Affordable Housing Program: Orchard Hill Town Homes Offer Residents New Housing Solutions

– Ceremonial Ribbon Cutting & Tour on Tuesday, September 25 at 10:30 a.m. –

INDIANA, Pa., Sept. 20 /PRNewswire-FirstCall/ — S&T Bank (Nasdaq: STBA), a full-service financial institution with branch locations in 10 Pennsylvania counties, is continuing its mission to support the local community and region with its recent Orchard Hill affordable housing project. On September 25 (at 10:30 a.m.), a special ribbon cutting ceremony and town home tour will take place to celebrate the opening of the new Orchard Hill housing project in Indiana County, Pennsylvania.

Todd D. Brice, S&T Bank president and chief operating officer commented, “Servicing our communities with dignity and pride is a formal component of the S&T Bank mission statement. Orchard Hills provides families with housing solutions that might not have been available to them otherwise. We are a proud partner with the Housing Authority of Indiana County, Trek Development, the Housing Alliance of Indiana County and the Pennsylvania Housing Finance Authority to make this project a reality.”

Since 1991, S&T Bank has partnered in 22 local affordable housing projects, totaling $38 million and creating 436 new affordable housing units for families and seniors. The Orchard Hill housing project consists of town homes built using state-of-the-art energy-efficient construction techniques and modern amenities.

In fact, Orchard Hill has achieved the highest Five Star Energy Star Certification.

About S&T Bank

Headquartered in Indiana, Pa., S&T Bancorp Inc. operates 50 offices within Allegheny, Armstrong, Blair, Butler, Cambria, Clarion, Clearfield, Indiana, Jefferson and Westmoreland counties. S&T Bancorp Inc. has assets of $3.4 billion, and its stock trades on the Nasdaq Global Select Market under the symbol STBA. For more information, visit http://www.stbank.com.

SOURCE S&T Bank

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