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Advance Bank
Contact Info:

Phone: 215-472-4545
Fax: 215-472-4549

Advance Bank (Advance) is formerly known as Berean Federal Savings Bank (Berean). Berean is the oldest operating African American savings institution in the United States. Bereanís focuses on single-family mortgage lending; almost all of Bereanís mortgage lending is to West Philadelphia residents. Berean holds over $55 million in deposits. Berean is recognized among its peers in the banking world and in the business arena as a strong, community-oriented financial institution.


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