National Penn Bancshares Inc.
Philadelphia And Reading Avenues
Boyertown,
PA 19512
Phone: 610-367-6001
Fax: 610-369-6349
Web Site: http://www.natpennbank.com
| REUTERS ABRIDGED BUSINESS SUMMARY | |
| National Penn Bancshares, Inc. operates as the holding company for National Penn Bank, which provides a range of financial services to residents and businesses primarily in eastern and central Pennsylvania. It offers various deposit accounts, including demand, NOW, money market, certificates of deposit, and other checking and savings accounts. The company provides consumer loan products, such as installment loans, home equity loans, residential mortgage loans, multi-family loans, educational loans, and credit cards, as well as short-term loans for seasonal and working capital purposes, term loans secured by real estate and other assets, loans for construction and expansion needs, revolving credit plans, leveraged finance or business acquisition financing, interest rate derivatives, and cash management services; and commercial real estate lending, including loans to developers of residential and commercial projects. In addition, it offers automated teller services; safe deposit and night depository facilities; Internet banking services, including online bill paying services; and customer import, export, and general documentary credit, foreign exchange, and international payment services. Further, the company offers trust and asset management, commercial domicile and agency, investment management, investment advisory, and securities brokerage services, as well as insurance services, primarily property and casualty insurance. As of April 29, 2009, it operated 124 community banking offices in Pennsylvania, 1 office in Maryland, and 2 offices in Delaware. The company was founded in 1874 and is headquartered in Boyertown, Pennsylvania. |
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| Key Statistics | More from Reuters
Expanded Business Description |
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| REUTERS ABRIDGED FINANCIAL SUMMARY | |
| | Pay | Exercised | Mr. Scott V. Fainor , 48
Chief Exec. Officer, Pres, Chief Operating Officer, Director, Chief Exec. Officer of National Penn Bank and Pres of National Penn Bank |
$
402.00K |
$
2.91M | Mr. Michael R. Reinhard , 53
Consultant |
$
218.00K |
$
12.00K | Mr. Glenn E. Moyer , 58
Special Advisor |
$
540.00K |
$
185.00K | Mr. Michael J. Hughes , 54
Chief Financial Officer |
N/A
| N/A | Mr. Tim Day ,
Pres of Central Region |
N/A
| N/A |
|
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Dollar amounts are as of
31-Dec-08
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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