Banking & Finance
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PowerPay’s Rapid Growth Puts King of Prussia on the Fintech Map
Montgomery County’s legacy as a financial hub is getting a modern update from PowerPay, a fast-growing digital lender headquartered just off U.S. 202 near King of Prussia, writes Joseph N. DiStefano for The Philadelphia Inquirer. Founded in 2017, PowerPay has emerged as a major player in financing home improvement projects, medical needs such as hearing…
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As Philadelphia Celebrates America250, Firstrust Bank Reflects on Its Historic First in Pennsylvania
As Philadelphia prepares to celebrate America250, the 250th anniversary of the signing of the Declaration of Independence, the city’s long tradition of leadership, innovation, and its identity as the City of Firsts is coming into sharper focus. To honor Philadelphia’s role as a cradle of American innovation, the Philadelphia Historic District Partners has assembled 52…
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Unlock the Power of Cash Forecasting
Modern CFOs are growth leaders, strategic visionaries, and trusted advisors at the heart of organizational success. CFOs are responsible not only for maintaining liquidity but also for strengthening resilience and positioning their organizations for sustainable growth. Yet one capability that CFOs often underleverage is effective cash flow forecasting. Cash forecasting is more than a tactical…
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Penn Community Bank Executive Takes the Dance Floor to Support Ann Silverman Clinic
Penn Community Bank, the largest independent mutual bank in Eastern Pennsylvania, is proud to share that Bernard Tynes, Executive Vice President and Chief Consumer Banking Officer, is stepping out of the boardroom and onto the ballroom floor as a featured dancer in Dancing for Bucks, one of the region’s largest and most impactful charitable fundraising…
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Coatesville’s Last Remaining Bank Acquired for $55 Million
Founded more than a century ago, Presence Bank, Coatesville’s last remaining bank, has been acquired by Norwood Financial Corp. in a $54.9 million deal, writes Jeff Blumenthal for the Philadelphia Business Journal. A subsidiary of PB Bankshares, Presence Bank is now part of Norwood’s Wayne Bank, with 15 branches in northeastern Pennsylvania and 12 in New York. The deal,…
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PBJ Recognizes Meridian Bank’s Christopher Annas as a 2025 Most Admired CEO
Christopher Annas was recently featured by the Philadelphia Business Journal as one of its 2025 Most Admired CEOs, and the recognition reflects a leadership story rooted in long-term vision, disciplined growth, and community commitment. As Chairman and CEO of Meridian Bank, Annas has spent more than 20 years building the institution from a startup into…
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Philadelphia’s Largest and Oldest Investment Bank to Shift Focus to Wealth Management, Stock Broking
Janney Montgomery Scott LLC, the largest and oldest investment bank in Philadelphia, will soon exit this realm in favor of focusing exclusively on its wealth advisory business, writes Joseph DiStefano for The Philadelphia Inquirer. The decision to maneuver against its nearly 200-year history as an investment bank and place its emphasis on stock broking comes…
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Lead with Your Head and Heart When Giving This Holiday Season
Now is the time of year when many people choose to give back to support the causes closest to them. Unfortunately, it’s also the time of year when scammers look to exploit your generosity, taking funds away from those in need to line up their own pockets. Avoiding Scammers This time of year, you’ll likely…
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Oaks’ SEI Investments Announces Leadership Change as Founder Steps Back
A major leadership transition is on the horizon for Oaks-based SEI Investments, the company announced in a press release. SEI announced that founder and Executive Chairman Alfred P. West Jr. will step down as a director and board chair as part of a planned transition effective January 1, 2026 West founded SEI in 1968 and…
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Malven-Based Meridian Bank Opens Full-Service Branch in Bonita Springs
Meridian Bank has opened a new full-service branch in Bonita Springs, Fla. This expansion builds on the success of Meridian’s Loan Production Office, which opened in Bonita Springs in 2022 to serve the growing commercial lending needs of the region. The new full-service branch, located at 12611 Bonita Beach Road, marks another milestone in Meridian…
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Penn Community Bank Named to Newsweek’s Best Regional Banks for Third Consecutive Year
Penn Community Bank has once again been recognized as one of America’s Best Regional Banks & Credit Unions for 2026 by Newsweek and Plant-A Insights Group. This marks the third consecutive year the Bank has earned this distinction. The annual ranking evaluates thousands of regional banks and credit unions across the United States, incorporating in-depth research, customer surveys, and millions of…
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Citadel Credit Union Contributes More Than $550,000 to Community Organizations in 2025
In one of its largest community investment years yet, Citadel Credit Union directed more than $550,000 and extensive volunteer support in 2025 to organizations working to strengthen prosperity and well-being across Greater Philadelphia. Citadel partnered with more than 30 organizations and participated in 121 community events, with employees contributing 2,000-plus volunteer hours. More than 300…
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TruMark Financial Credit Union Delivers Holiday Cheer to St. Christopher’s Hospital for Children
TruMark Financial Credit Union recently joined staff and physicians at St. Christopher’s Hospital for Children to deliver hundreds of toys collected during its annual holiday toy drive and donation delivery. Throughout November, the credit union’s members and team members collected donations to bring joy to young patients facing illness or hospital stays during the holiday…
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How to Protect Yourself from AI Scams
In recent years, artificial intelligence has sparked both excitement and concern. AI has advanced quickly, changing how we work, learn, and stay entertained. Unfortunately, cybercriminals also use AI to trick and steal from people. Let’s look at how AI is used in financial scams and how you can spot warning signs to protect your data,…
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From Conshohocken to Dover, WSFS Bank Celebrates Local Flavor
As we enter the holiday shopping season, it’s important to support local businesses this Small Business Saturday and beyond. As a trusted advisor to businesses in the community for nearly 200 years, WSFS Bank associates understand the importance of entrepreneurs, including businesses that have been around for years like the Conshy Girls Restaurant Group and new favorites Curry…
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The Hidden Costs of Caregiving
Family caregivers selflessly assist aging parents, spouses, and relatives with everything from daily tasks to complex medical needs. According to the AARP, nearly 63 million Americans now serve as family caregivers. Despite their large number, many people remain unaware of the daily challenges that caregivers face. So, for National Family Caregivers Month, we’re exploring the…
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Citadel Credit Union Redefines Business Banking with Expanded Team, SBA Certification, Growing Influence
Citadel Credit Union has made a major step forward in its ongoing mission to empower local businesses across Greater Philadelphia. Through strategic investments, expanded leadership, and new U.S. Small Business Administration (SBA) lending certification, Citadel continues to redefine what business banking can look like at a community-based, member-owned financial institution. Under the leadership of Thomas…
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TD Bank Announces 51 Branch Closures, Including a Bucks County Location
As part of a move toward a digital-centric retail model, TD Bank intends to close 51 branches across 12 states, including one in Bucks County, writes Jeff Blumenthal for the Philadelphia Business Journal. These closures are part of the bank’s broader plan to eliminate or relocate ten percent of its branches. All of the Pennsylvania…
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