HV Bancorp, Inc.: management transactions · United States · SEC (Form 4)

About HV Bancorp, Inc.

HV Bancorp, Inc. (HVBC) was a U.S. bank holding company that was listed on the Nasdaq Capital Market in the United States before being acquired in a merger with Citizens Financial Services, Inc. The company was fundamentally a community banking franchise, operating through its subsidiary Huntingdon Valley Bank. Its core footprint was centered in Doylestown, Pennsylvania, with a local-market focus across the southeastern Pennsylvania region and adjacent areas in New Jersey and Delaware. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1594555/000156459023004803/hvbc-10k_20221231.htm?utm_source=openai)) HV Bancorp traces its banking roots back to 1871, when Huntingdon Valley Bank was founded as a building and loan association. Over time, the institution evolved into a broader community bank, and HV Bancorp was formed as the holding company structure in connection with the mutual-to-stock conversion of the bank. That corporate step gave the business access to public equity markets while preserving its local, relationship-driven banking model. In its last publicly available filings, the company described itself as serving individuals and businesses from its main office in Doylestown and a network of full-service branches and lending offices. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1594555/000156459023004803/hvbc-10k_20221231.htm?utm_source=openai)) From a business-line perspective, HV Bancorp was a straightforward regional banking platform. It offered deposit products, personal and business banking services, mortgage lending, consumer lending, commercial lending, commercial real estate loans, and small-business credit solutions. This product mix made it comparable to other community and super-regional banks, while also putting it in competition with non-bank lenders in selected credit categories. Its competitive edge was not scale, but rather local market knowledge, client proximity, and a community-bank service model. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1594555/000156459023004803/hvbc-10k_20221231.htm?utm_source=openai)) The company’s independent public-market story ended on June 16, 2023, when HV Bancorp merged with and into Citizens Financial Services, Inc. pursuant to the previously announced merger agreement. The transaction converted HVBC shareholders into cash and/or stock consideration, and the company ceased to trade as a standalone listed equity thereafter. As a result, HVBC today is best understood as a legacy listed bank name that remains relevant mainly for archival research, SEC history, and insider-filing context rather than as an active NYSE/Nasdaq investment idea. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1594555/000094337423000251/form8k_061623.htm?utm_source=openai)) In summary, HV Bancorp was a small U.S. community bank holding company with a long local history, a conservative retail-and-commercial banking mix, and a geographic focus on Pennsylvania and nearby markets. Its story reflects the ongoing consolidation trend among U.S. community banks.