National Penn Bancshares, Inc. operates as the bank holding company for National Penn Bank that provides commercial banking products, primarily deposits and loans to residents and businesses primarily in eastern and central Pennsylvania. Its deposit products include demand, NOW, money market, other checking and savings accounts, and certificates of deposit. The company also offers consumer loan products, including installment loans, home equity loans, residential mortgage loans, educational loans, and credit cards; commercial loans comprising short-term loans for seasonal and working capital purposes, term loans secured by real estate and other assets, loans for construction and expansion needs, and revolving credit facilities; and commercial real estate lending services consisting of loans to developers of residential and commercial projects. In addition, it provides cash management services, such as remote deposit capture, disbursement, collection, investment, and electronic banking services; safe deposit and night depository facilities; and Internet banking services comprising online bill paying and mobile banking, as well as owns and operates 134 automated teller machines. Further, the company offers investment management and fiduciary services to individuals, corporations, government entities, and non-profit institutions; securities brokerage services; property and casualty insurance services for individuals and businesses; employee benefits consulting services; and private banking services. As of April 7, 2015, it operated through 127 retail branch offices throughout Pennsylvania, New Jersey, and Maryland. National Penn Bancshares, Inc. was founded in 1874 and is headquartered in Allentown, Pennsylvania.