1 star ratingAverage User Rating:
1 star rating based on 1 review.

National Penn Bank

National Penn Bank Locations
Philadelphia And Reading Avenues
Boyertown, PA 19512
800.822.3321
www.nationalpenn.com



National Penn Bank is headquartered in Boyertown and is the 6th largest bank in the state of Pennsylvania. It is also the 122nd largest bank in the nation. It was established in 1874 and as of March of 2012, it had grown to 1,681 employees at 129 locations. National Penn Bank has a 5-star health rating.

National Penn Bank Routing Number: 031308784



See Rates for: Checking | Savings | CD | IRA

National Penn Bank Checking Account Rates

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0.15%$50k-Interest Checking
0.04%--ValuePlus Checking

National Penn Bank Savings Account Rates

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0.08%$25-Personal Statement Savings
0.08%--Kids Account
0.08%--Straight2Savings
0.08%$25-IRA Savings Account

National Penn Bank CD Rates

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1.75%$500-60 Month CD
1.00%$500-36 Month CD
0.45%$500-12 month CD
0.40%$500-5 Month Ready Access CD Special

National Penn Bank IRA Rates

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1.75%$500-60 Month IRA Special

Rates updated: 5/27/2012

Data for Q1 2012


Institution Statistics


National Penn Bank
FDIC Certificate #7414
BankRate ReportView
Year Established1874
Employees1681
Primary RegulatorOCC

Assets and Liabilities

Assets$8.49 billion
Loans$5.08 billion
Deposits$6.04 billion
Equity Capital$1.16 billion
Loan Loss Allowance$121.45 million
Unbacked Noncurrent Loans$60.76 million
Real Estate Owned$7.28 million

Historic Data - March 2011

Assets$8.51 billion
Equity Capital$1.14 billion
Loan Loss Allowance$142.34 million
Unbacked Noncurrent Loans$75.12 million
Real Estate Owned$7.09 million

Profit Margin - Quarterly

Net Interest Margin3.44%
Return on Assets1.21%
Return on Equity8.56%
Interest Income$81.18 million

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 National Penn Bank had $68.05 million in non-current loans and owned real-estate with $1.28 billion in equity and loan loss allowances on hand to cover it. This gives National Penn Bank a Texas Ratio of 5.31% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend4
The Texas Ratio for National Penn Bank decreased slightly from 6.63% as of March 31, 2011 to 5.31% as of March 31, 2012, resulting in a positive change of 19.83%.This indicates that the balance sheet and financial strength for National Penn Bank has improved slightly in recent periods.
Deposit Growth3
In the past year, National Penn Bank has increased its total deposits by $37.15 million, resulting in 0.62% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth National Penn Bank has shown is average.
Capitalization5
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. National Penn Bank has $8.49 billion in assets with $1.28 billion in equity, resulting in a capitalization level of 15.09%, which is excellent.
Write Review

Heavy Handed Collections/ There Is Good Times Dump You In Bad
1 stars - JackMiller - Sunday, March 13, 2011 - 8:30 PM

 

I have been a large National Penn Bank Borrower for over 12 years, always paying perfectly. In good times they lent money always talking and advertising about the relationship. As soon as things got tight in this economy they started there very heavy handed collections threatening default unless we paid them down and off. We paid them down by Millions, all the time using legal threats and very heavy handed tactics, not sure even if they were legal or not. They are there in good times, but when you need them to work with you, they dump you. Squeezing the life of you. They took TARP money to help the people not kill them.....

 http://haveyoubeenbulliedbynationalpennbank.com/

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