Prudential Savings Bank was established in 1886, as a mutually owned Community Bank, to serve the South Philadelphia community. Over the years we have grown to a seven-branch operation, which serves an area including Philadelphia and the surrounding counties.
The Bank was reorganized in 2005 as a stock subsidiary of Prudential Bancorp, Inc. of Pennsylvania (the Bancorp). The majority share of ownership in the Bancorp is held by Prudential Mutual Holding Company, with a minority share of ownership being held by the public.
We began as a Building and Loan Association, a place where a group of savers would invest and lend money, primarily as mortgages, making home ownership possible for the average person. Today our services include traditional banking products such as deposit accounts and mortgage loans, but we also offer commercial real estate loans, construction and development loans, and business loans.
Prudential Savings Bank is committed to increasing the services we offer without sacrificing customer service. We know that exceptional customer service, and safety and soundness of operation, is the framework for a strong institution. By all financial measurements Prudential Savings Bank is a strong financial institution. We have been given a "four star" rating by Bankrate, Inc., an independent rating group. Our staff is committed to providing outstanding personalized service and we hope you allow us the opportunity to meet all of your financial needs.