National Penn Bank

Status:Inactive as of 04/01/2016
 Merger - Without Assistance
Successor Bank:Truist Bank
Headquarters:National Penn Bank
645 Hamilton Street
Allentown, PA 18101
Established:03/09/1874
FDIC Insurance:01/01/1934
FDIC Cert:#7414
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$9,627,027,000
Total Deposits:$6,906,210,000

History

1874-03-09Institution established: Original name:National Bank of Boyertown
1972-07-01Acquired The First National Bank of Oley (7670) in OLEY, PA
1992-01-31Acquired Sellersville Savings and Loan Association (30116) in PERKASIE, PA
1993-08-01Changed name to National Penn Bank
1993-12-02Acquired Chestnut Hill National Bank (26239) in PHILADELPHIA, PA
1999-01-04Acquired The Elverson National Bank (7490) in ELVERSON, PA
2001-01-04Acquired Bernville Bank, National Association (7403) in BERNVILLE, PA
2003-02-25Acquired FirstService Bank (34042) in DOYLESTOWN, PA
2003-12-15Acquired HomeTowne Heritage Bank (35104) in INTERCOURSE, PA
2004-06-11Acquired The People's Bank of Oxford (436) in OXFORD, PA
2006-03-27Acquired Nittany Bank (34880) in STATE COLLEGE, PA
2008-02-02Acquired Keystone Nazareth Bank & Trust Company (28166) in BETHLEHEM, PA
2014-01-10Moved bank headquarters from BOYERTOWN, PA to ALLENTOWN, PA
2014-10-25Acquired 3rd Fed Bank (29132) in NEWTOWN, PA
2015-09-29Acquired National Penn Wealth Management, N.A. (33915) in WYOMISSING, PA
2016-04-01Merged into and subsequently operated as part of Branch Banking and Trust Company (9846) in WINSTON SALEM, NC
2019-12-07Changed name to Truist Bank (9846)
2019-12-07Moved bank headquarters from WINSTON SALEM, NC to CHARLOTTE, NC
2019-12-07Acquired SunTrust Bank (867) in ATLANTA, GA

Financial Information (2016-03-31 and Older)