Penn Square (other)
Penn Square may refer to the following: * Penn Square Bank, commercial bank in Oklahoma, responsible for a financial crisis in July 1982 * Penn Square Mall, in Oklahoma City, Oklahoma * Penn Square, Philadelphia, location of the Philadelphia City Hall *Penn Square, a neighborhood in Lancaster, Pennsylvania Lancaster ( ) is a city in Lancaster County, Pennsylvania, United States, and its county seat. With a population of 58,039 at the 2020 United States census, 2020 census, it is the List of municipalities in Pennsylvania, eighth-most populous ci ...

Penn Square Bank
Penn Square Bank was a small American commercial bank located in Oklahoma City, Oklahoma. The bank made a large number of poorly underwritten energy-related loans that it sold to other banks. Losses on these loans led to significant financial problems in these banks. Penn Square Bank declared bankruptcy in July 1982. History The bank was founded in 1960 and was located in the rear of the Penn Square Mall in Oklahoma City. The bank made its name in high-risk energy loans during the late 1970s and early 1980s Oklahoma and Texas oil boom. Between 1974 and 1982, the bank's assets increased more than 15 times to $525 million and its deposits swelled from $29 million to more than $450 million. As a result primarily of irresponsible lending practices in connection with the sale of over $1 billion in "loan participations" to other banks throughout America, Penn Square Bank failed in July 1982. Unlike most previous bank failures since the Federal Deposit Insurance Corporation (FDIC) was ...
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Penn Square Mall
Penn Square Mall is a two-story, regional shopping mall in Oklahoma City, Oklahoma, United States. It is located at the intersection of Pennsylvania Avenue and NW Expressway, near Interstate 44. The mall's anchor stores consist of JCPenney, Macy's, AMC Theatres, and two separate Dillard's stores. Simon Property Group, who manages the mall, owns 94.5% of it. In 2018, the mall generated sales of over $700 per square foot. History The center was originally built as an outdoor shopping center in 1960 and spanned , with anchors John A. Brown and Montgomery Ward. High-end Park Avenue junior department store Al Rosenthal's opened a branch at the new center. The two-store chain would be rebranded as Gus Mayer (which by then owned it) in 1969, and in 1974 converted to a branch of Kansas City-based Harzfeld's. It closed ten years later in 1984. After the opening of regional enclosed malls such as Quail Springs Mall and Crossroads Mall, the center was enclosed in 1982 and renovated i ...
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Penn Square, Philadelphia
Philadelphia City Hall is the seat of the municipal government of the City of Philadelphia in the U.S. state of Pennsylvania. Built in the ornate Second Empire style, City Hall houses the chambers of the Philadelphia City Council and the offices of the Mayor of Philadelphia. This building is also a courthouse, serving as the seat of the First Judicial District of Pennsylvania. It houses the Civil Trial and Orphans' Court Divisions of the Court of Common Pleas of Philadelphia County. It also houses the Philadelphia facilities for the Supreme Court of Pennsylvania (which also holds session and accepts filings in Harrisburg and Pittsburgh). Built using brick, white marble and limestone, Philadelphia City Hall is the world's largest free-standing masonry building and was the world's tallest habitable building upon its completion in 1894. It was designated as a National Historic Landmark in 1976; in 2006, it was also named a National Historic Civil Engineering Landmark by the Ameri ...
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