Fulton Financial completes acquisition of Prudential Bank

Effective Nov. 5, Lancaster-based Fulton Financial Corp. announced the merger of Prudential Bank with and into Fulton Bank and the conversion of Prudential’s systems onto Fulton Bank’s banking platforms.

The move brings new products and services to former Prudential Bank customers.

Fulton Financial, a $26 billion financial services holding company, said in early March that it had entered into a definitive agreement to acquire Philadelphia-based Prudential.

“We welcome Prudential Bank customers to Fulton Bank! You now have access to our full suite of products, services, digital platforms and financial centers throughout the mid-Atlantic region,” Curtis J. Myers, Fulton Bank’s chairman and CEO, said in a release.

“We are excited to be expanding Fulton Bank’s presence in Philadelphia, and we look forward to serving our new customers, strengthening the Philadelphia community and continuing to fulfill our company purpose to change lives for the better.”

Fulton Financial has made a $2 million contribution to the Fulton Forward Foundation to provide impact gifts to nonprofit organizations in Philadelphia focused on economic empowerment, particularly in underserved communities.

As part of Fulton Financial, Fulton Bank offers products and services at more than 200 financial centers across Pennsylvania, New Jersey, Maryland, Delaware and Virginia.

Paula Wolf is a freelance writer