Susquehanna Bank was a

Lancaster, Pennsylvania Lancaster, ( ; pdc, Lengeschder) is a city in and the county seat of Lancaster County, Pennsylvania. It is one of the oldest inland cities in the United States. With a population at the 2020 census of 58,039, it ranks 11th in population among ...

-based bank which operated over 260 branches in four states including

Pennsylvania Pennsylvania (; (Pennsylvania Dutch: )), officially the Commonwealth of Pennsylvania, is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States. It borders Delaware to its southeast, Ma ...

Maryland Maryland ( ) is a U.S. state, state in the Mid-Atlantic (United States), Mid-Atlantic region of the United States. It shares borders with Virginia, West Virginia, and the District of Columbia to its south and west; Pennsylvania to its north; ...

New Jersey New Jersey is a U.S. state, state in the Mid-Atlantic States, Mid-Atlantic and Northeastern United States, Northeastern regions of the United States. It is bordered on the north and east by the state of New York (state), New York; on the ea ...

, and

West Virginia West Virginia is a state in the Appalachian, Mid-Atlantic and Southeastern regions of the United States.The Census Bureau and the Association of American Geographers classify West Virginia as part of the Southern United States while the ...

. Susquehanna Bank's parent company was Susquehanna Bancshares, Inc. () a regional

financial services Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companie ...

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

based in

Lititz, Pennsylvania Lititz is a borough in Lancaster County, Pennsylvania, United States, north of the city of Lancaster. As of the 2020 census, it had a population of 9,370. History Lititz was founded by members of the Moravian Church in 1756 and was named af ...

with assets of approximately and 3,400 employees. Susquehanna Bank was founded in 1901 as the Farmers National Bank of Lititz. In 1972 this bank changed its name to Farmers First Bank, and beginning in the 1970s it began to acquire other banks in the region, establishing Susquehanna Bancshares as its holding company in 1982 and expanding its reach into the states south of Pennsylvania beginning in the late 1980s. In 2004, Susquehanna Bancshares consolidated its operations into three banks, all using the Susquehanna name. The company continued to expand, including two large acquisitions in 2008. In 2008, Susquehanna Bank acquired the

naming rights Naming rights are a financial transaction and form of advertising or memorialization whereby a corporation, person, or other entity purchases the right to name a facility, object, location, program, or event, typically for a defined period of t ...

to the Susquehanna Bank Center in

Camden, New Jersey Camden is a city in and the county seat of Camden County, in the U.S. state of New Jersey. Camden is part of the Delaware Valley metropolitan area and is located directly across the Delaware River from Philadelphia, Pennsylvania. At the 20 ...

. In 2011, Susquehanna Bank announced its purchase of Abington Bank. In 2014, BB&T (now

Truist Financial Truist Financial Corporation is an American bank holding company headquartered in Charlotte, North Carolina. The company was formed in December 2019 as the result of the merger of BB&T (Branch Banking and Trust Company) and SunTrust Banks. Its ...

), announced the acquisition of Susquehanna Bank. The deal was finalized on August 3, 2015 and all Susquehanna Bank branches, as well as the Entertainment Center in Camden, were converted to BB&T four months later

References

{{Reflist, 1 Banks established in 1901 Banks disestablished in 2015 Defunct banks of the United States Defunct companies based in Pennsylvania History of Lancaster, Pennsylvania 2015 mergers and acquisitions