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