Through the Pennsylvania Educational Improvement Tax Credit program, Peoples Security Bank & Trust contributed $1,572,581.46 in 2025 to support educational organizations across its service footprint. The EITC program allows businesses to support education by directing a portion of their state tax obligations to a qualified scholarship organization, educational improvement organization and/or a prekindergarten scholarship organization. PSBT’s EITC contributions helped fund scholarship programs, classroom materials, educational supplies, school grants and specialized academic initiatives designed to expand access to quality education. In total, 110 organizations benefited from these funds. The EITC program plays a critical role in expanding educational opportunities across Pennsylvania by encouraging private-sector support for innovative and impactful programs. Representatives from PSBT and Pennsylvania private schools, scholarship organizations, pre-K programs, school districts, colleges and universities recently gathered at PSBT’s Corporate Center in Moosic to celebrate the bank’s 2025 contributions.
Free for school leaders
How much tax credit revenue is your school leaving on the table?
Book a free 20-minute Scholarship Revenue Review. We'll map your school's EITC opportunity - and your 2027 federal EFTC upside - with real numbers, before you spend a dollar.
- Tens of millions raised for partner schools
- 80% of donors renew year after year
- Federal EFTC launches Jan 1, 2027
No cost, no obligation, nothing to prepare. If we can't find new revenue, you'll leave knowing your program is fully optimized.
Recent Posts
