July 23, 2017 11:08 PM ET


Company Overview of Royal Bank America

Company Overview

Royal Bank America provides banking products and services for consumers and businesses in Pennsylvania and New Jersey. The company offers personal banking services, such as checking, savings, money market, health savings, certificates of deposit, and individual retirement accounts; lending services, including home equity loans and lines, personal loans, and credit cards; and online and mobile banking services. It also provides business banking products and services, such as checking, savings, and money market accounts; lending and leasing services, including commercial loans, credit cards, and equipment leasing; custom product suites for real estate firms, law firms, and title companies; and...

732 Montgomery Avenue

Narberth, PA 19072

United States

Founded in 1963





Key Executives for Royal Bank America

Chief Executive Officer, President and Director
Age: 62
Chief Financial Officer and Executive Vice President
Age: 46
Chief Credit Officer and Executive Vice President
Chief Lending Officer and Executive Vice President
Age: 51
Chief Accounting Officer and Controller
Age: 47
Compensation as of Fiscal Year 2017.

Royal Bank America Key Developments

Royal Announces the Retirement of William R. Hartman as a Director

Royal Bancshares of Pennsylvania Inc. (Royal) and its banking subsidiary, Royal Bank America (the Bank), have announced the retirement of William R. Hartman as a director of both Royal and the Bank, effective September 21, 2016. Mr. Hartman will continue to provide certain consulting services to the Boards and management of Royal and the Bank through the end of 2016.

Royal Bank America Announces Expansion of Consumer Line of Products

Royal Bank America has announced an expansion of its consumer line of products to include residential and refinanced mortgages. Royal Bank serves as a mortgage broker under the new arrangement and is partnering with Conshohocken, Pa.-based GMH Mortgage Services, LLC to offer the mortgage products to consumers throughout Pennsylvania, New Jersey, Delaware and Maryland. At the outset, Royal Bank will offer 15-year and 30-year fixed-rate purchase-money (known as "first mortgages") and refinanced residential mortgages.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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