Quaint Oak Bank announces expansion of Quaint Oak Real
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SOUTHAMPTON, Pa., November 02, 2021 (GLOBE NEWSWIRE) – Quaint Oak Bank, the wholly owned subsidiary of Quaint Oak Bancorp, Inc. (OTCQB: QNTO), has announced the expansion of Quaint Oak Real Estate, LLC, their Company management and sale of residential and commercial real estate. This expansion is accompanied by the creation of two new offices.
A new office is located at Chalfont, Pennsylvania., and will serve as the control center for Quaint Oak Real Estate and Quaint Oak Insurance Agency. The second office is located at Doylestown, Pennsylvania. This initiative extends Quaint Oak Real Estate to the Delaware Valley market in addition to the Lehigh Valley market initially served.
This expansion is accompanied by new, experienced and high-level management. Quaint Oak Bank is pleased to announce the appointment of lynn sharing as official manager and broker of Quaint Oak Real Estate. Lynn comes to Quaint Oak Real Estate with over twenty years of sales and business management experience. Janice Robinson, with decades of experience as a broker and sales manager, will run the Doylestown site. Currently, Quaint Oak Real Estate has around three dozen sales agents spread across the three locations with the goal of doubling that number as the business grows.
Quaint Oak Bancorp, Inc. is the parent company of the Quaint Oak family of companies. Quaint Oak Bank, a chartered stock savings bank in Pennsylvania and a wholly owned subsidiary of Quaint Oak Bancorp, is headquartered in Southampton, Pa. And operates through three regional offices located in the markets of Delaware Valley, Lehigh Valley and Philadelphia. The subsidiaries of Quaint Oak Bank include Quaint Oak Abstract, LLC, Quaint Oak Insurance Agency, LLC, Quaint Oak Mortgage, LLC, Quaint Oak Real Estate, LLC and Oakmont Commercial, LLC. In addition, the Bank has a controlling interest in Oakmont Capital Holdings, LLC, a multi-state equipment finance company based in West Chester, Pa., With a second major facility located in Albany, Minnesota.
Contact:
Robert T. Strong
President and CEO
Scenic Oak Bancorp, Inc.
Picturesque oak bank
215-364-4059
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