Banking & Finance
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Firstrust Bank Doubles Down on Relationship Banking, Promotes John McBride and Beth Packel
In an attempt to centralize services, lean into technological advancements, and ultimately reduce overhead, big banks have largely abandoned traditional relationship managers. It’s a strategy that’s left them extremely vulnerable to customer flight. Meanwhile, banks that double down on relationship banking as a competitive advantage — like Firstrust Bank — are reaping the benefits. Firstrust…
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Tax Season Safety: How to Keep Your Personal Information Secure
Tax season is a prime opportunity for cybercriminals to steal your information and money. From phishing emails to fraudulent tax preparers, the threats are numerous. Here are seven proactive steps to help you protect your finances: 1. Verify Communications The IRS never initiates contact via email, text, or social media. Contact is only made via…
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Meridian Welcomes Former CIA Chief Jim Olson to Its CEO Series
Meridian Bank continued a tradition of offering thought-provoking speakers for its CEO Series when it invited former CIA Chief of Counterintelligence Jim Olson to talk with Meridian’s business customers Feb. 27. Olson shared his more than 30 years of experience working undercover, speaking to 150 of Meridian’s best customers during the elegant affair at the…
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Penn Community Bank Stands with United Way of Bucks County to Support ALICE Families
Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, joined the United Way of Bucks County and fellow community banks as the Bucks County Commissioners officially proclaimed March 2025 as ALICE Awareness Month. This recognition highlights the challenges faced by hardworking yet financially constrained households across the county. According to the United Way,…
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Montgomery County Leadership: Bill Brown, CEO, Citadel Credit Union
Citadel Credit Union is charting its next phase of growth and innovation, under the stewardship of new CEO, Bill Brown. With a deep member focus and commitment to strengthening the financial well-being of individuals, families, and businesses, Bill Brown is driving Citadel’s mission to deliver superior banking solutions with a personal touch — expanding its…
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Montgomery County Leadership: Matthew Bower, VP and Director of Wealth Management, C&N
Matthew Bower, Executive Vice President and Director of Wealth Management at C&N, spoke with MONTCO Today about growing up in Palm Beach, Fla., where his dad, also a banking executive, and a very talented jazz musician, inspired both his career and his diverse taste in music. He also shared how his work ethic drove him…
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Citadel Credit Union Strengthens Commitment to Region with Enhanced Focus on Philanthropy, Engagement
Citadel Credit Union is reaffirming its dedication to its members and to the Greater Philadelphia region through a renewed and comprehensive approach to philanthropy. By deepening its investment in community partnerships, employee-driven initiatives, and strategic giving, Citadel is positioning itself as a leader in fostering meaningful, lasting change across the region. As part of this renewed focus, Citadel…
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Joe Borek Elected to Mortgage Bankers Association of Eastern PA Advisory Board
Meridian Bank’s VP of Mortgage Operations, Joe Borek, has been elected to the Mortgage Bankers Association (MBA) of Eastern Pennsylvania’s Advisory Board. In his 14 years with Meridian Bank, Borek has overseen the expansion of Meridian’s residential lending unit from 12 people in one office in Blue Bell, to nearly 200 people in more than…
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Firstrust Bank Honors Brotherly Shove Business Spotlight Contestants with Exclusive Event at Eagles Stadium
In the wake of the Philadelphia Eagles being crowned Super Bowl champions for the second time in the last seven years, Firstrust Bank recently celebrated the 450-plus businesses that participated in its Brotherly Shove Business Spotlight with a gathering at the Firstrust Bank Club and a tour of the Eagles stadium. The Brotherly Shove Business…
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Black-Owned Catering Business Writes Its Next Chapter, Thanks to Financing from Apex Commercial Capital
For years, Philadelphia native Sonya Combs had put her bachelor’s degree in Biobehavioral Health from Penn State to good use as an Intervention Training Specialist at the University of Pennsylvania. According to Combs, the job was great. Until it wasn’t. “I did a lot of traveling and had been to almost every country in the…
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Firstrust Bank Helps Iconic Philadelphia Food Brand Expand Its Presence in the Suburbs
Fried chicken and donuts may not have the longstanding history of a perfect pairing like, say, peanut butter and jelly. Or milk and cookies. However, when the combination of fried chicken and donuts burst onto the local culinary scene in 2011, with the opening of Federal Donuts & Chicken, it gave Philadelphians a whole new…
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Penn Community Bank Releases 2024 Impact Report
Penn Community Bank has released its 2024 Impact Report. This annual report details the bank and its charitable arm, Penn Community Bank Foundation’s, strategic investments in area programming and initiatives centered on financial education, housing, and strengthening the local economy. “As we enter 2025, Penn Community Bank stands stronger than ever – not only in…
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Citadel Credit Union Deepens Commitment to Commercial Banking with New Leadership, Enhanced Vision
Citadel Credit Union has taken a significant step forward in its long-term growth strategy, introducing new leadership for its Commercial Banking team and a reinforced commitment to providing cutting-edge financial solutions for businesses across the Greater Philadelphia region. To lead the Commercial Banking team, Citadel has appointed Thomas Sebok as Chief Commercial Banking Officer. Citadel’s enhanced Commercial Banking…
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First Bank Doubles Earnings in 2024
First Bank had a standout year in 2024, more than doubling its earnings to $44 million from just under $21 million in 2023 — the biggest jump among Philadelphia-area banks. The Hamilton, N.J.-based bank credited this growth to its acquisition of Malvern Bancorp in July 2023, along with strong loan growth and higher loan interest…
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Eagles at Super Bowl Is Big Win for Lincoln Financial in Radnor
The Radnor-based Lincoln Financial, the namesake for Lincoln Financial Field, is feeling pretty good about the Philadelphia Eagles making it back to the Super Bowl. No wonder. It’s benefitted more than just about any other business from the run, writes Jeff Blumenthal for Philadelphia Business Journal. The insurance company garnered a lot of attention when…
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Tax Checklist: 5 Things to Remember
No matter who you are or how much experience you have, tax season can feel daunting. There’s a lot to remember and a lot of factors to consider while filing. The American tax system, for instance, involves around 800 forms — some with convoluted rules and requirements. Luckily, there are plenty of resources, like this tax…
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Meridian Bank and Lenape Valley Foundation Partnered for Successful Evening of Community Impact
On Jan. 23, Meridian Bank partnered with Lenape Valley Foundation (LVF) for an evening dedicated to community impact and meaningful conversations. “Cocktails & Conversations for a Cause” was more than just an event but also an opportunity to support mental health initiatives and critical services that benefit thousands of individuals in Bucks County. Lenape Valley…
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Local Business Owner Revitalizes Nicholas Sebastian Salon & Spa with Meridian Bank’s Support
When Nick Scamuffa decided to pursue a Small Business Loan to revitalize his salon in Newtown Square, he expected to be met with skepticism. The West Chester Resident and Owner of Nicholas Sebastian Salon & Spa knew all too well that banks can show hesitation due to several factors, including dependency on key staff, limited…
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