A Pennsylvania community bank is opening a unit specifically to target the Philadelphia area's growing Asian population.

National Penn Bank, Boyertown, will operate National Asian Bank as an independent division under National Penn's bank charter. The unit, scheduled to open June 15, will be in Elkins Park, a Philadelphia suburb.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.