Banking & Finance
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Savings, MMA or CD: How Do I Know Which Is Best?
The week of Apr. 8-12 is America Saves Week 2024. Since 2007, America Saves Week has been calling on everyday Americans to commit to successful saving. With the support of numerous participating organizations, First Bank encourages individuals to conduct a financial check-up, gain insight into their finances, set savings goals, and develop plans to achieve…
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8 Healthy Financial Habits You Should Develop
April is Financial Literacy Month. Feeling overwhelmed by finances is common, with nearly half of Americans living paycheck to paycheck. Healthy financial habits can help reduce financial stress, increase financial security, and enhance peace of mind. To alleviate this stress and secure your future, consider adopting these eight crucial financial habits: Live Within Your Means…
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Plymouth Meeting, Willow Grove Mall Owner PREIT Going Private After Emerging from Bankruptcy
PREIT, the owner of Plymouth Meeting and Willow Grove malls, is set to go private after it emerged from bankruptcy protection for the second time in four years, writes Paul Schwedelson for the Philadelphia Business Journal. When it filed for bankruptcy in December, the company faced over $1 billion in debt coming due. Now, PREIT…
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C&N Celebrates ‘the Magnitude of Its History’: 160 Years of Building Relationships, Empowering Communities
C&N recently commemorated its 160th anniversary with a week-long celebration throughout the bank that culminated with ringing the NASDAQ opening bell on March 22. “I have reflected on what 160 years of banking has meant to the customers and communities that C&N has served and thought about the relationships we’ve built with generations of families,…
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WSFS CARES Foundation Provides More Than $185,000 in First-Quarter Grants to Community Organizations
The WSFS CARES Foundation, the charitable giving arm of WSFS Bank, has provided grants to five organizations as part of its continuing series of philanthropic activities. The grants will support the following organizations: “The mission of the WSFS CARES Foundation is to support nonprofits that are invested in improving communities and fostering a spirit of…
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First Bank Launches ZEscrow and ZRent Escrow and Rent Management Tools
First Bank has launched ZEscrow and ZRent, two innovative financial platforms designed to increase the convenience and efficiency of businesses in managing escrow, subaccounts, and rent collection. Developed by ZSuite Tech, ZEscrow and ZRent are responsive digital solutions designed to simplify escrow account management and monthly rent collection. ZEscrow streamlines the escrow process, providing customers with…
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Penn Community Bank Announces Officer Hire, Promotions
Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, has made several new hires and promotions across its operations team, including Marketing, Training, and Compliance: “Our team members are our greatest asset, so attracting, developing, and retaining high-performing people is crucial to our long-term success,” said Jeane M. Vidoni, Penn Community Bank President and…
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Penn Community Bank Leaders Testify in PA House Field Hearing on Fraud Prevention
Leaders from Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, joined state lawmakers and area business and government officials at a hearing last week focused on addressing the rising level of fraud impacting area residents. The hearing, entitled “Safeguarding our Community from Fraud,” featured Penn Community Bank’s Jeane Vidoni, President and CEO,…
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Build a Custom Strategy for All of Life’s Phases with Citadel Credit Union
Check in with a Citadel Credit Union financial advisor to get inspired for your future. It’s never too early or too late to set financial goals, but achieving them requires a clear picture of your personal finances and an understanding of the services and strategies available to support you. Whether you’re just getting started, already…
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Jeane Vidoni Named to Metro Philadelphia Power Women List
Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, recognizes President and CEO Jeane M. Vidoni for being named to Metro Philadelphia’s Power Women list for 2024. “This year the Metro Philadelphia Power Women list honors the entrepreneurs, public servants, educators, artists, and leaders working to make Philadelphia a more equitable and innovative city,” said the outlet. “Whether they’re…
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Citizens Bank Is Closing More Branches, Including One in Bala Cynwyd
As part of its plan to trim down the number of its branches in the region, Citizens Bank has announced the closure of its Bala Cynwyd branch inside the Acme at 121 E. City Avenue, writes Jeff Blumenthal for Philadelphia Business Journal. The branch inside the Acme at 6800 New Falls Road in Levittown has…
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Darleen Gillespie of First Bank Promoted to Executive Vice President
First Bank has promoted Darleen Gillespie to Executive Vice President. Gillespie, who previously served as Chief Retail Banking Officer, has been instrumental in driving First Bank’s Retail Division to new heights since joining in 2022. She came to First Bank from an SVP/Regional Management position with Provident Bank, where she oversaw the retail network of…
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FirstBank Charitable Foundation Maximizes Its Impact Through Powerful Partnerships
The FirstBank Charitable Foundation (FBCF), formerly known as The Malvern Federal Charitable Foundation, was founded in 2008 with a clear mission to improve local communities by forming partnerships with charitable organizations. FBCF is dedicated to partnering with passionate nonprofit leaders and philanthropists to create lasting, positive change in communities. Since its founding in 2008, the…
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Apex Commercial Capital Looks Beyond the Numbers to Foster Growth of Small Businesses
Apex Commercial Capital, which specializes in commercial mortgage lending and equipment financing, fosters business growth in a distinctive way: by offering a unique blend of financial products and services that transcend traditional metrics. Apex prides itself on being a lender that looks beyond the numbers — the company views its customers as more than just…
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Ambler Savings Bank Marks 150 Years of Serving the Community
Ambler Savings Bank officially kicked off its 150th Anniversary celebration with employees and customers last week. The Bank has many community events and activities planned over the coming year to highlight this historical achievement. Ambler Savings Bank was chartered in 1874 to provide financing for local residents to purchase and build homes. Since before the…
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Are Women Leading the Charge in Securing Their Financial Future?
Women are at the forefront of securing their financial futures, showcasing resilience, strategic planning, and an unwavering commitment to financial literacy. In an era where financial landscapes are constantly evolving, women’s involvement in financial planning has become more pronounced. According to a study conducted by Bryn Mawr Trust, an impressive 87 percent of women report…
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Penn Community Bank Helps Bring Attention to ALICE Population
Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, joined the County of Bucks and United Way of Bucks County in designating March 2024 ALICE Awareness Month. ALICE, an acronym that stands for Asset Limited, Income Constrained, Employed, represents the 27 percent of Bucks County individuals and families who earn above the federal…
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First Bank Shares 4 Risks of Using Buy Now, Pay Later
The FTC has designated Mar. 3-Mar. 9 as National Consumer Protection Week. Recognizing that, we at First Bank share information about Buy Now, Pay Later financing options. If you’ve explored online shopping, chances are you’ve come across buy now, pay later (BNPL) options. You might have even utilized this method to purchase items, either directly…
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