Univest Celebrates 150 Years of Serving Customers and Communities

Souderton-based financial institution marks milestone anniversary

while honoring the relationships and values that have shaped its history

Univest is celebrating its 150th anniversary in 2026, marking a century and a half of serving customers, businesses and communities. What began as Souderton’s first banking institution in 1876 has evolved into a diversified financial services company serving individuals, businesses and nonprofit organizations throughout the Mid-Atlantic region. 

Univest's Leadership Team Celebrates 150 Years

On June 12, 1876, Union National Bank, now Univest Bank and Trust Co., opened in Souderton. The bank initially operated from the home of Henry Souder while a permanent building was constructed on Main Street for $1,477. That original building, which opened in 1877, is now the Univest “museum” housing the original handwritten bank ledgers and artifacts from the past 150 years. 

Over the ensuing 150 years, Univest expanded both geographically and through the financial solutions it provides. Today, Univest offers consumer and commercial banking, insurance, wealth management, equipment financing and mortgage solutions. Univest remains headquartered in Souderton and, as of June 30, 2026, had $8.2 billion in assets and $6.2 billion in assets under management and supervision through its wealth management lines of business.



“Reaching 150 years is an incredible milestone, and it is only possible because of generations of employees, customers, shareholders and community partners who have placed their trust in Univest,” said Jeff Schweitzer, Chairman, President and CEO, Univest Financial Corporation. “While our organization has grown and the way we deliver financial services has changed dramatically since 1876, our commitment to building relationships, doing what is right and supporting the communities we serve remains at the heart of who we are. We are proud of our history and excited about the opportunities ahead.”



Throughout its history, Univest has continued to evolve to meet the changing needs of its customers. In 1973, Univest was established as a holding company, and in 2003, the company began trading on Nasdaq under the ticker symbol UVSP. 

The company’s 150th anniversary celebration extends throughout 2026 and has focused on recognizing the employees, customers and communities that have contributed to its longevity. Anniversary initiatives have included historical storytelling, customer appreciation activities and employee celebrations designed to reflect on Univest’s history while looking ahead to its future.

The milestone has also been recognized by the community where Univest began. During Souderton’s Concert Sundaes event in June, Souderton Mayor, Dan Yocum, presented Jeff Schweitzer with the key to Souderton in recognition of Univest’s longstanding commitment to the community and its 150-year legacy.

“Very few organizations have the opportunity to celebrate 150 years, and we don't take that privilege for granted,” added Jeff Schweitzer. “Through 150 years of economic cycles, changing technology and evolving customer needs, one thing has remained constant, relationships matter. We are grateful for the people and communities who have been part of our story, and we look forward to continuing to serve them for generations to come.”