Bank of Bird-in-Hand

Bank of Bird-in-Hand is an American bank, the first in the United States to open following the passage of the Dodd Frank Act in 2010.[1] It was founded in Pennsylvania by a group of local Amish and non-Amish investors.[2]

Bank of Bird-in-Hand
Area served
United States
Key people
Alan Dakey (CEO)
Lori Maley (Former CEO)


On November 27, 2013,[3] the Federal Deposit Insurance Corporation approved the launch of Bank of Bird-in-Hand. At the time of opening, the Bank had $17 million in capital.[4]

The Bank celebrated its first anniversary on December 2, 2014.[5]

Lori Maley replaced Alan Dakey as CEO of the bank on March 1, 2017.[6]


On June 30, 2020, the bank reported total assets of $527.5 million, total deposits of $453.2 million, total net loans of $425.0 million, and total shareholders’ equity of $57.8 million.[7]

Location and clienteleEdit

The Bank is located in Bird-in-Hand, Pennsylvania, in Pennsylvanian Amish Country.[8] The Bank caters mostly to Amish borrowers, however not exclusively.[1]


The Bank includes a drive-through window designed to accommodate a horse and buggy.[9]


  1. ^ a b "A Local Bank in Amish Country Flourishes Amid Dearth of Small Lenders". The Wall Street Journal. March 29, 2015.
  2. ^ "Bank of Bird-in-Hand proposed, includes Amish investors". Lancaster Online. January 8, 2013.
  3. ^ "RE:Bank of Bird-in-Hand Application for Federal Deposit Insurance" (PDF). FDIC. Retrieved August 25, 2015.
  4. ^ "Bank of Bird-in-Hand takes to the skies". Financial Times. December 1, 2013.
  5. ^ "New CEO for Bank of Bird-in-Hand sees opportunities ahead". Lancaster Online. December 8, 2014.
  6. ^ "Central Penn Business Journal". Feb 14, 1017.
  7. ^ "Bank of Bird-in-Hand Reports on Progress of Stock Offering". 2020-10-02. Retrieved 2020-12-30.
  8. ^ "Amish start-up: The Bank of Bird-in-Hand". October 17, 2013.
  9. ^ "Nice gig: Lessons from one of America's youngest lenders". The Economist. August 22, 2015.

External linksEdit