Huntingdon Valley Bank is throwing open the doors to its vault — so the community can bring money in, not take it out. It’s going public in a conversion from a mutual bank to a shareholder-owned institution in hopes of raising more capital.

Despite a legacy that extends back to 1871, Huntingdon Valley Bank has had a rough ride in recent years, particularly with the Pennsylvania Department of Banking and Securities, to which it is applying to go public.

Regulators earlier rebuffed the $183 million-asset bank’s efforts to merge with Victory Bank shortly after new leadership took over in 2013, according to a Philadelphia Business Journal report by Jeff Blumenthal.

Few details have been released about the regulatory review process this time around.

Huntingdon Valley Bank’s presence extends to Plumsteadville, Warrington, Northeast Philadelphia, and Warminster under the direction of board member-turned-CEO Travis Thompson and new COO Chris Jacobsen.

Read more about the Huntingdon Valley Bank conversion in the Philadelphia Business Journal here.