Royal Bancshares of Pennsylvania: Royal Bank America Parent Co. Issues 48th Consecutive Quarterly Cash Dividend; Reports Earnings for the 1st Quarter

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NARBERTH, PA (MARKET WIRE) Royal Bank America President/CEO Joseph P. Campbell announced that the Board of Directors for the Bank's holding company, Royal Bancshares of Pennsylvania, Inc. (NASDAQ: RBPAA), declared its 48th consecutive quarterly cash dividend on April 18, 2007. This dividend will be twenty-eight and seventy-five hundredths cents ($.2875) per share for holders of Class A common stock and thirty-three and six

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