National Penn Bancshares, Inc. - NPBC- Profile

National Penn Bancshares, Inc.. The Group's principal activity is to provide commercial and retail banking services. It operates primarily through its wholly-owned banking subsidiary, National Penn Bank. It provides checking and savings accounts, time deposits, personal, business, residential mortgage and educational loans, credit cards, safe deposit and night depository facilities and international banking services. The Group also provides trust and investment management services, brokerage services and insurance services through its subsidiaries. As on 31-Dec-2006, it operates 74 offices in Pennsylvania and Maryland. The Group acquired Nittany Financial Corp on 26-Jan-2006 & On 10-Apr-2006 it acquired Resources for Retirement Inc. Provides commercial and retail banking services through 74 community banking offices