The Top Banks in Ardmore, Wynnewood and Haverford
The FDIC released data on area banks last week.
The Federal Deposit Insurance Corporation came out with data last week from Ardmore, Wynnewood and Haverford's banks for the fiscal year ending June 30.
The 13 local banks, listed below, are ranked in order of market share.
Citizen's Bank takes first place locally with $240 million deposited last year, a 19.64 percent market share. TD Bank's 18.49 percent market share is a close second, and Wells Fargo, with three local banks, ranked third in deposits locally, though in the Philadelphia area overall, it ranks first, according to Philadelphia Business Journal.
Bryn Mawr Trust Bank, the only bank on the list whose headquarters are local, came in fifth in market share among Ardmore, Wynnewood and Haverford banks. The bank is ranked No. 14 on a list of the top 50 banks in the Philadelphia area.
Below are Ardmore, Wynnewood and Haverford's banks, ranked from the largest market share to smallest.
| Institution Name | State (Hqtrd) | State/ Federal Charter | Local Offices | Deposits from 6/30/11-6/30/12 | Local Market Share |
|---|---|---|---|---|---|
| Citizens Bank of Pennsylvania | PA | State | 27 E Wynnewood Rd, Wynnewood; 225 W Lancaster Ave, Ardmore | $240,394,000 | 19.64% |
| TD Bank, National Association | DE | Federal | 401 West Lancaster Avenue Haverford |
$226,228,000 | 18.49% |
| Wells Fargo Bank, National Association | SD | Federal | 125 W Lancaster Ave, Ardmore; 75 Saint James Pl, Ardmore; 50 E Wynnewood Rd, Wynnewood | $216,107,000 | 17.66% |
| Beneficial Mutual Savings Bank | PA | State | 177 W Lancaster Ave, Ardmore; 20 Woodside Road, Ardmore | $136,147,000 | 11.13% |
| The Bryn Mawr Trust Company | PA | State | 50 W Lancaster Ave, Ardmore | $90,050,000 | 7.36% |
| Sovereign Bank, National Association | DE | Federal | 44 E Lancaster Ave, Ardmore | $60,234,000 | 4.92% |
| NOVA Bank | PA | State | 18 E Wynnewood Rd, Wynnewood | $49,900,000 | 4.08% |
| Firstrust Savings Bank | PA | State | 107 Coulter Ave, Ardmore | $46,495,000 | 3.80% |
| National Penn Bank | PA | Federal | 331 E Lancaster Ave, Wynnewood | $44,747,000 | 3.66% |
| Bank of America, National Association | NC | Federal | 250 E Lancaster Ave, Wynnewood | $30,567,000 | 2.50% |
| PNC Bank, National Association | DE | Federal | 60 E Wynnewood Rd, Wynnewood | $29,917,000 | 2.44% |
| Susquehanna Bank | PA | State | 76 E Lancaster Ave, Ardmore | $27,746,000 | 2.27% |
| Eagle National Bank | PA | Federal | 354 Lancaster Ave, Haverford | $25,222,000 | 2.06% |
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In This article
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Citizens Bank
27 E Wynnewood Rd, Wynnewood, PA -
Wells Fargo
75 Saint James Pl, Ardmore, PA -
Bryn Mawr Trust Company
50 W Lancaster Ave, Ardmore, PA
Dick Wexelblat
6:44 am on Tuesday, October 16, 2012
Royal Bank?