In 2004, Harleysville National Corporation completed the acquisition of and merger with Millennium Wealth Management, and in 2006, acquired the Cornerstone Companies.
These acquisitions allowed for the company to expand its wealth management services.
Harleysville paid $92.7 million or $14.50 a share for East Penn Bank in an all-stock transaction.
[1] On July 27, 2009, First Niagara Bank agreed to acquire the company in an all-stock transaction valued at approximately $237 million or $5.50 per share.
First Niagara intended to maintain all Harleysville National and East Penn branches, and the Pennsylvania company's growing commercial banking and wealth-management business.