Reliance Bank Expands to Bellefonte with New Branch

The bank's second location in Centre County opens across from Bellefonte High School.

Mar. 30, 2026 at 10:50pm

Got story updates? Submit your updates here. ›

A high-end, photorealistic studio still-life photograph featuring a stack of polished metal coins, a sleek metal bank card, and a minimalist geometric sculpture made of brushed aluminum, all arranged elegantly on a clean, monochromatic seamless background, conceptually representing the abstract concepts of finance, growth, and community banking.Reliance Bank's new Bellefonte branch aims to serve the region's small communities with a focus on premium banking services and local investment.Bellefonte Today

Reliance Bank has opened a new branch in Bellefonte, Pennsylvania, marking its second location in Centre County. The branch, situated across from Bellefonte High School, officially began operations on Monday morning. The expansion is part of the bank's broader effort to grow its presence in the region.

Why it matters

The opening of Reliance Bank's new Bellefonte branch reflects the bank's strategy to expand into small communities in Centre County, which it sees as demographically similar to its existing service areas in Blair County. This move aligns with the bank's focus on serving local communities.

The details

The new Reliance Bank branch is located at 801 E. Bishop St. in Bellefonte, across from Bellefonte High School. The branch offers the full range of services customers would expect from a typical bank location. Reliance Bank's President and CEO, Phil Freeman, stated that the bank chose to expand into Bellefonte because the community's demographic profile is consistent with the bank's other service areas, which are primarily small communities.

  • Reliance Bank's new Bellefonte branch officially opened for business on Monday, March 30, 2026.

The players

Reliance Bank

A regional bank that is expanding its presence in Centre County, Pennsylvania, with the opening of a new branch in Bellefonte.

Phil Freeman

The President and CEO of Reliance Bank, who stated that the bank chose to expand into Bellefonte due to the community's demographic profile being consistent with the bank's other service areas.

Got photos? Submit your photos here. ›

What they’re saying

“There's a lot of small communities and that kind of identifies where we're at. And so it's very much a demographic like most of the places we're at in Blair County.”

— Phil Freeman, President and CEO, Reliance Bank

The takeaway

Reliance Bank's expansion into Bellefonte, with the opening of a new branch, demonstrates the bank's strategy to grow its presence in small communities within Centre County, which it sees as aligned with its existing service areas. This move reflects the bank's commitment to serving local markets and supporting the economic development of the region.