Portage National Bank was founded in 1944 under the vigorous leadership of Philip Stager, our first President. The growth in deposits and assets was a slow, painstaking process developed under our first Cashier, Norman G. Holsinger, and two employees.

After sixteen years, our total assets reached four million dollars. Shortly after the opening of our Route 53 Office in 1963, Leonard Jones, one of the original Directors, became President. During his presidency, the Summerhill Office was opened in 1966, and in 1969, the Portage Office moved from 535 Main Street to a large, newly constructed building at 737 Main Street. Mr. Jones served as President for ten years.

In 1973, Sam Randall, the last remaining member of the original staff of Directors, was elected President. During his tenure, Portage National Bank’s assets more than doubled. A new drive-up facility was built at the Route 53 location in 1977. In 1978, Neal P. Stager was elected President.

Growth continued in 1984 with the opening of a branch in Southmont, and in 1986 with the opening of a branch in Long's Mini Mall in Ebensburg. 1992 was a year in which assets surpassed $95 million and record earnings were achieved of $1,013,000. An Investment Management and Trust Department was formed in May of 1992 to provide a full range of Trust Services to our customers.

In 1993, Neal P. Stager was elected Chairman of the Board. Portage Bancorp, Inc., a bank holding company, was formed in July of 1993. The formation of a holding company provides opportunities for the potential expansion of the franchise into additional bank and non-bank activities which provide potential new product lines and income producing ventures.

In July of 1994, Portage National Bank acquired the First National Bank of Gallitzin, ending the year with assets of $123 million.

Growth continued in January of 1996 with the opening of the Bank’s first in-store branch, located at the Richland County Market. Also in 1996, a newly constructed Administrative Center was completed providing much needed work space and room for further expansion. Assets reached over $126 million.

In 1998, Portage National Bank entered into an agreement enabling them to offer customers mutual funds, annuities, and discount brokerage services, as well as insurance. The decision was also made to open the Bank’s second in-store branch at the WalMart Supercenter in Ebensburg, which was able to serve customers on January 27, 1999, and in June of 1999, the Bank added its ninth community office in Loretto.

In October of 2000, Dennis M. McGlynn was elected Chairman of the Board, and JoAnne Brinzey was appointed President of the companies. This was followed by the appointment of William J. Hoyne as Chief Executive Officer of Pportage National Bank and Mainline Bancorp, Inc. in July of 2001. Upon Mrs. Brinzey's retirement in January of 2005, Mr. William Hoyne assumed the position of President & Chief Executive Officer.

Portage National Bank celebrated the opening of its tenth community office location in Altoona in May of 2005. In August of 2005, Portage moved its Giant Eagle branch office to a temporary location in the Galleria Mall due to the premature closing of the Giant Eagle Store. In October, 2006, this office was permanently relocated to a newly refurbished, state of the art facility on Scalp Avenue in Richland.

Portage National Bank is currently the sole subsidiary of Mainline Bancorp, Inc., the Bank's holding company, which boasts over $200 million in assets with eight branch locations in the Mainline area.