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10 distributor of promotional products, National Pen has over one million active customers and is based in San Diego, California. National Pen specializes in selling custom pens and other products in low minimum quantities at competitive prices.
BB&T Corp., of Winston-Salem, North Carolina, bought National Penn for $1.8 billion. With the acquisition, BB&T becomes Pennsylvania's fourth biggest bank in deposit market share, the companies said.
By assets, National Penn is the seventy-second largest bank in the United States, and the fifth largest bank headquartered in Pennsylvania. National Penn is based in Allentown. National Penn trades on NASDAQ under the symbol NPBC. In August 2015, it was announced National Penn had been acquired by BB&T.
Susquehanna Bank IndustryBank holding companyFounded1901 (As "Farmers National Bank of Lititz")Defunct2015FateAcquired by BB&T (now Truist Financial)SuccessorTruist Financial3 more rows