Robert A. Kuehl Appointed Royal Bank America's New CFO

NARBERTH, PA--(Marketwire - June 17, 2008) - Royal Bank America ("Royal"), a division of Royal Bancshares of Pennsylvania, Inc. (NASDAQ: RBPAA), announced the appointment of Robert A. Kuehl as its new Chief Financial Officer. Mr. Kuehl joins Royal from Parke Bancorp, where he served as Senior Vice President and Chief Financial Officer.

Mr. Kuehl brings over 25 years of executive level banking experience to "The Region's Premier Commercial Real Estate Lender," including tenure with community, regional and super-regional institutions.

Mr. Kuehl holds a Juris Doctorate from John Marshall Law School in Chicago, and an MBA in Finance and Economics from the University of Chicago.

Royal Bank America President/CEO Joseph P. Campbell noted, "We are excited to welcome Bob to the Royal family. His prior experience will prove invaluable leading our financial department."

About Royal Bancshares of Pennsylvania, Inc.

Royal Bancshares of Pennsylvania, Inc., headquartered in Narberth, Pennsylvania, is a two-bank holding company operating the Royal Bank America and Royal Asian Bank brands at 22 unique branch locations throughout Pennsylvania, New Jersey and New York. As The Region's Premier Commercial Real Estate Lender, Royal Bank America has played a lead role in the growth and development of our area for the past 40+ years. Royal Asian Bank enjoys a distinctive niche serving the financing and banking needs of the growing Asian-American population. Additional subsidiaries include RBA Leasing, engaged in equipment leasing solutions for small and mid-sized businesses, and RBA Capital, a lender finance company. More information on Royal Bancshares of Pennsylvania, our banks and subsidiaries is available at www.royalbankamerica.com.

Contact Information: Contact: Marc Sanders 610-668-4700 x1269