Average User Rating:
1 star rating based on 2 reviews.

National Penn Bank

Philadelphia And Reading Avenues
Boyertown, PA 19512
800.822.3321
www.nationalpenn.com

FDIC

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National Penn Bank is headquartered in Boyertown and is the 6^th largest bank in the state of Pennsylvania. It is also the 126^th largest bank in the nation. It was established in 1874 and as of December of 2012, it had grown to 1,654 employees at 129 locations. National Penn Bank has a 5-star health rating.

National Penn Bank Routing Number: 031308784

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See Rates for: Checking | Savings | CD | IRA

National Penn Bank Checking Account Rates

Apy	Min	Max	Product
0.15%	$50k	-	Interest Checking
0.04%	-	-	ValuePlus Checking

National Penn Bank Savings Account Rates

Apy	Min	Max	Product
0.08%	$25	-	Personal Statement Savings
0.08%	-	-	Kids Account
0.08%	-	-	Straight2Savings
0.08%	$25	-	IRA Savings Account

National Penn Bank CD Rates

Apy	Min	Max	Product
1.25%	$500	-	60 Month CD
0.75%	$500	-	36 Month CD
0.45%	$500	-	12 month CD
0.25%	$500	-	5 Month Ready Access CD Special

National Penn Bank IRA Rates

	Apy	Min	Max	Product
	1.25%	$500	-	60 Month IRA Special

Rates updated: 5/19/2013

Data for Q4 2012

Institution Statistics

National Penn Bank
FDIC Certificate #	7414
BankRate Report	View
Year Established	1874
Employees	1654
Primary Regulator	OCC
Assets and Liabilities
Assets	$8.35 billion
Loans	$5.13 billion
Deposits	$5.94 billion
Equity Capital	$1.12 billion
Loan Loss Allowance	$110.96 million
Unbacked Noncurrent Loans	$47.34 million
Real Estate Owned	$2.52 million
Historic Data - December 2011
Assets	$8.40 billion
Equity Capital	$1.23 billion
Loan Loss Allowance	$126.64 million
Unbacked Noncurrent Loans	$63.10 million
Real Estate Owned	$7.20 million
Profit Margin - Quarterly
Net Interest Margin	3.44%
Return on Assets	1.23%
Return on Equity	8.78%
Interest Income	$315.87 million

Institution Health

Overall Score:

5 out of 5

Texas Ratio
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 December 31, 2012 National Penn Bank had $49.86 million in non-current loans and owned real-estate with $1.23 billion in equity and loan loss allowances on hand to cover it. This gives National Penn Bank a Texas Ratio of 4.04% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend
The Texas Ratio for National Penn Bank decreased slightly from 5.18% as of December 31, 2011 to 4.04% as of December 31, 2012, resulting in a positive change of 22.01%.This indicates that the balance sheet and financial strength for National Penn Bank has improved slightly in recent periods.
Deposit Growth
In the past year, National Penn Bank has increased its total deposits by $57.07 million, resulting in 0.97% 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.
Capitalization
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 $8.35 billion in assets with $1.23 billion in equity, resulting in a capitalization level of 14.79%, which is excellent.

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/

Credibility
1 stars

- mrm70757 - Saturday, June 9, 2012 - 10:58 AM

National Penn has, over the past two years, improved their financial reports greatly. However, they improved their numbers by sacrificing customer quality. They preach local is better, but they only care about their big business accounts. If you're a person who is struggling do not expect any help, or lenience from any of their branches. They treat employees horribly also. They fire good employees over 15 cents, and refuse to take into consideration the employees opinions. National Penn demands much more of their employees then they give back to them. The only thing National Penn Bank and its affiliate banks care about is posting a good balance sheet and financial reports. If you, as an average person, are looking for a new bank DO NOT pick National Penn Bank.