Nittany Bank

Status:Inactive as of 03/27/2006
 Merger - Without Assistance
Successor Bank:National Penn Bank
Headquarters:Nittany Bank
116 East College Street
State College, PA 16801
Established:10/26/1998
FDIC Insurance:10/26/1998
FDIC Cert:#34880
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$347,970,000
Total Deposits:$249,292,000

History

1998-10-26Institution established: Original name:Nittany Bank
2006-03-27Merged into and subsequently operated as part of National Penn Bank (7414) in BOYERTOWN, 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)
2019-12-07Acquired SunTrust Bank (867) in ATLANTA, GA
2019-12-07Moved bank headquarters from WINSTON SALEM, NC to CHARLOTTE, NC

Financial Information (2005-12-31 and Older)