-- The growth of the organization in asset size from $427 million to a
high of $1.3 billion
-- The growth of the bank branch network, both organically and via
acquisition
-- The concept and launch of the Royal Asian Bank brand, the
organization's first major foray into niche banking (currently operating in
3 states)
-- Expansion of the organization's divisions to include RBA Leasing,
Royal Tax Liens and RBA Capital Group
Chairman Robert R. Tabas stated, "Our Company has grown significantly under
the guidance of Joe Campbell and we wish him the best in retirement.
Having continued access to his insight and expertise as a member of our
Board of Directors will benefit our organization as we grow."
About Royal Bancshares of Pennsylvania, Inc.
Royal Bancshares of Pennsylvania, Inc., headquartered in Narberth,
Pennsylvania, is a two-bank holding company operating the Royal Bank
America and Royal Asian Bank brands throughout Pennsylvania, New Jersey and
New York. As The Region's Premier Commercial Real Estate Lender, Royal Bank
America has played a lead role in the growth and development of our area
for the past 40+ years. Royal Asian Bank enjoys a distinctive niche serving
the financing and banking needs of the growing Asian-American population.
Additional subsidiaries include RBA Leasing, engaged in equipment leasing
solutions for small and mid-sized businesses, and RBA Capital, a lender
finance company. More information on Royal Bancshares of Pennsylvania, our
banks and subsidiaries is available at www.royalbankamerica.com.
Contact Information: Media Contact: Marc Sanders Director of Marketing 610.668.4700