Financial services holding company offering banking, insurance, investment, and wealth management services through its subsidiaries.
Univest Financial Corporation serves as a pivotal bank holding company overseeing Univest Bank and Trust Co., which operates primarily in Pennsylvania. Established in 1876 and headquartered in Souderton, Pennsylvania, the corporation operates through three distinct segments: Banking, Wealth Management, and Insurance.
The Banking segment of Univest Financial Corporation provides a comprehensive suite of banking services, including deposit-taking, loan origination and servicing, mortgage banking, and equipment lease financing. These services cater to a broad spectrum of clients ranging from individuals and businesses to municipalities and nonprofit organizations across Pennsylvania.
In addition to its banking offerings, Univest Financial Corporation excels in Wealth Management, delivering tailored investment advisory, financial planning, and trust and brokerage services. This segment serves private families, individuals, municipal pension plans, retirement plans, and trusts, ensuring personalized financial strategies aligned with clients' long-term goals. Furthermore, the corporation's Insurance segment enhances its service portfolio by providing commercial property and casualty insurance, employee benefits solutions, personal insurance lines, and human resources consulting services, thereby offering comprehensive risk management solutions to its diverse clientele.