National Penn Bancshares, Inc. operates as the bank holding company for National Penn Bank that provides commercial banking products and services to residents and businesses primarily in eastern and central Pennsylvania. It offers various deposit products, including demand, NOW, money market, and other checking and savings accounts, as well as certificates of deposits. The company also provides consumer loan products, such as installment loans, home equity loans, residential mortgage loans, educational loans, and credit cards; commercial loans, including 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, which include loans to developers of residential and commercial projects. In addition, it offers automated teller services; safe deposit and night depository facilities; Internet banking services comprising online bill paying and mobile banking; and a range of cash management services, such as remote deposit capture, disbursement, collection, investment, and electronic banking services. Further, the company provides investment management and fiduciary services to individuals, corporations, government entities, and non-profit institutions; investment and consulting solutions for the retirement plan market; securities brokerage services; property and casualty insurance services for individuals and businesses; employee benefits consulting services; private banking services; and equipment leasing services. As of June 30, 2012, it operated through 121 branch offices, including 120 branches in Pennsylvania and 1 branch in Maryland. The company was founded in 1874 and is headquartered in Boyertown, Pennsylvania.