BNET Industries
Market Cap:$15.1M
Last Fiscal Year Sales:$81.6M
- Public
- US
Dow Jones Description
Royal was founded in 1963 as the Bank of King of Prussia to serve the local community. At that time, King of Prussia was a combination farming and residential community. Local residents grew fond of the personal service of the bank, referred their friends, and the bank grew. In 1980 the management of the bank changed, and shortly thereafter, the bank was renamed Royal Bank of Pennsylvania in recognition of our broader service area. Our bank grew to offices in the greater Valley Forge area, Narberth, Philadelphia and Jenkintown. In 2004 the bank changed names to Royal Bank America. Today Royal encompasses fifteen full-service branch offices throughout southeastern Pennsylvania and New Jersey under the name Royal Bank America and five locations throughout southeastern Pennsylvania, Northern New Jersey and New York City under the name Royal Asian Bank. Together, Royal Bank America and Royal Asian Bank offer a wide variety of products and services including high-yielding CDs & MMAs, free checking solutions and Internet Banking tools such as BillPay and eStatements. As the region's premier commercial real estate lender, a reputation earned over the course of 40+ years of innovative and aggressive financing, Royal has played a lead role in the redevelopment and growth of our communities.
Chief Executive Officer, Chairman of The Board, President, Chief Operating Officer, Director
James J. McSwigganNumber of Employees 197
Contact Information
732 Montgomery Ave
Narberth, Pennsylvania 19072
(610) 668-4700
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
-
Royal Bancshares to sell Royal Asian Bank to group led by Royal Asian president
-
Royal Bancshares’ 2Q loss soars
-
Royal Banchares loses $7M in 1Q
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Albert Ominsky | President, Ominsky & Ominsky, PC |
| Daniel M. Tabas | President, Rome Enterprises, Trustee |
| Gregory T. Reardon | President, The Reardon Group of Companies |
| Douglas J.R. Smith | Executive Vice President & Chief Credit Officer |
| Gregg J Wagner | Chief Financial Officer |
| Jeffrey T. Hanuscin | CFO |
| Michael Thompson | Chief Accounting Officer, Senior Vice President |
| Robert A Kuehl | Chief Financial Officer |
| Marc Sanders | Director, Marketing |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| James J. McSwiggan | Chief Executive Officer, Chairman of The Board, President, Chief Operating Officer, Director |
| Robert R. Tabas | Chairman of The Board, Chief Executive Officer |
| Edward B. Tepper | Chairman, Tepper Properties |
| Edward F. Bradley | Chairman |
| Albert Ominsksy | Board of Directors |
| Anthony J Micaie | Board of Directors |
| Anthony J. Micale | Board of Directors |
| Carl M. Cousins | Vice Chairman of The Board, Director |
| Evelyn Rome Tabas | Board of Directors |
| Howard Wurzak | Board of Directors |
| John M. Decker | Board of Directors |
| Joseph P. Campbell | Board of Directors |
| Lane Duck Hollow | Board of Directors |
| Lane Mulberry | Board of Directors |
| Lane Robinson | Board of Directors |
| Linda Tabas Stempel | Board of Directors |
| Mitchell L. Morgan | Board of Directors |
| Murray Stempel | Vice Chairman |
| Robert A. Richards | Board of Directors |
| Samuel M. Goldstein | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Chief Executive Officer, Chairman of The Board, President, Chief Operating Officer, Director | Current |
| Royal Bancshares of Pennsylvania, Inc. | Chief Operating Officer | Current |
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Current |
| Royal Bancshares of Pennsylvania, Inc. | Executive Vice President & Treasurer | Former |
| Royal Bancshares of Pennsylvania, Inc. | Principal Financial Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Chairman of The Board, Chief Executive Officer | Current |
| Royal Bank America | Executive Vice President | Current |
| Royal Bank America | Chairman | Current |
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | President, Ominsky & Ominsky, PC | Current |
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | President, Rome Enterprises, Trustee | Current |
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | President, The Reardon Group of Companies | Current |
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Executive Vice President & Chief Credit Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Chief Financial Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | CFO | Current |
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Current |
| Royal Bank America | CFO | Former |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Chief Accounting Officer, Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Chief Financial Officer | Current |
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Current |
| Royal Bancshares of Pennsylvania, Inc. | Principal Financial Officer | Former |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Director, Marketing | Current |
| Royal Bancshares of Pennsylvania, Inc. | Director, Marketing | Former |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Chairman, Tepper Properties | Current |
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Former |
Edward F. Bradley CPA, is a Director of the Corporation, and is currently a professor at Philadelphia University. He was previously at Grant Thornton, a public accounting firm in Philadelphia, Pennsylvania. He was recommended as a director for the Corporation by the Company s internal audit firm.
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Chairman | Current |
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Vice Chairman of The Board, Director | Current |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Whiteweld & Company | Managing Partner | Current |
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Current |
| Whiteweld & Company | Board of Directors | Current |
| Royal Bank America | CEO | Former |
| Royal Bancshares of Pennsylvania, Inc. | Executive Vice President | Former |
| Royal Bank America | Senior Vice President | Former |
| Temple University | Masters Degrees | Former |
| Organization | Position | Status |
|---|---|---|
| Royal Bank America | President & CEO | Current |
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Current |
| Royal Bancshares of Pennsylvania, Inc. | President, CEO of Royal Bancshares of Pennsylvania, Inc. Regarding Quarterly Results | Former |
| Royal Bancshares of Pennsylvania, Inc. | Class I Director | Former |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Current |
Linda Tabas Stempel is a Director of the Corporation, and is Director of Investor Relations for the Corporation. She is the daughter of Evelyn R. Tabas, the wife of Murray Stempel, III, the sister of Robert R. Tabas and the sister-in-law of Howard Wurzak. Murray Stempel, III is an Executive Vice President of Royal Bank America and a Director of the Corporation. Mr. Stempel is the son-in-law of Evelyn R. Tabas, the husband of Linda Tabas Stempel and the brother-in-law of Robert R. Tabas and Howard Wurzak.
| Organization | Position | Status |
|---|---|---|
| Royal Bank America | Executive Vice President | Current |
| Utu Local 1790 | Director of the Corporation | Current |
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Current |
Ms. Stempel disclaims beneficial interest in, and therefore the amount in the table above does not include, 249,650 Class A and 82,919 Class B shares held in the Linda Tabas Stempel Trust since she does not have voting or dispositive power over the shares.
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Vice Chairman | Current |
| Royal Bancshares of Pennsylvania, Inc. | Chief Lending Officer | Former |
| Royal Bancshares of Pennsylvania, Inc. | Executive Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Royal Bancshares of Pennsylvania, Inc. | Board of Directors | Current |
Executive News
-
Royal Banchares loses $7M in 1Q
-
Royal Bancshares of Pennsylvania: Royal Bancshares of Pennsylvania, Inc. Reports First Quarter Results; Notes $21 Million in Loan Growth
-
Royal Bancshares of Pennsylvania, Inc. Reports First Quarter
-
Royal Bancshares of Pennsylvania, Inc. Reports First Quarter Results; Notes $21 Million in Loan Growth
-
Royal Bancshares of Pennsylvania, Inc. Reports First Quarter Results; Notes $21 Million in Loan Growth
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