October 26, 2016 3:54 AM 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: 61
Chief Financial Officer
Age: 45
Chief Credit Officer and Executive Vice President
Chief Lending Officer and Executive Vice President
Chief Accounting Officer and Controller
Age: 46
Compensation as of Fiscal Year 2016.

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.

Royal Bank Appoints Mark Biedermann as Executive Vice President and Chief Lending Officer

Royal Bancshares of Pennsylvania Inc. announced the completion of search for Chief Lending Executive. Mark Biedermann, most recently the holder of this position with Valley Green Bank, began with Royal Bank on January 30, 2015 as Executive Vice President and Chief Lending Officer. Mark's career is defined by progressive responsibilities in lending and credit underwriting with community and larger banks.

Similar Private Companies By Industry

Company Name Region
1854 Bancorp United States
1st Bank Of Sea Isle City United States
1st Financial Bank USA United States
1st Manatee Bank United States
1st National Bank United States

Recent Private Companies Transactions

No transactions available in the past 12 months.

The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content. For inquiries, please contact S&P Global Market Intelligence directly by clicking here.

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Bloomberg L.P. United States
NYC2012, Inc. United States
The Advertising Council, Inc. United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Royal Bank America, please visit www.royalbankamerica.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.