Banking & Finance
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Oaks’ SEI Campus to Double in Size
SEI Investments is planning to expand its Oaks campus by developing an adjacent 90 acres of land. This would nearly double the campus’s current size and would add around 425,000-square-feet in new buildings over the next several years, writes Natalie Kostelni for Philadelphia Business Journal. SEI currently employs 3,200 people at the Oaks campus, with…
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Malvern Federal Savings Bank Opens New Office in Palm Beach
The Paoli-based Malvern Bancorp has announced the opening of a new representative office at 205 Worth Avenue in Palm Beach, Fla. “This is our initial location for gaining visibility and brand recognition in the region,” said Anthony C. Weagley, President and CEO. “Malvern offers a wide range of private banking and wealth management services delivered…
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MONTCO Today Careers – Bryn Mawr Trust
Bryn Mawr Trust, with multiple locations in the greater Philadelphia area and Delaware, has focused on helping individuals, families, businesses and organizations create, manage, preserve and transfer wealth since 1889. Risk Management Analyst This position assists in performing risk assessments, validates the results of monitoring programs and makes improvement recommendations, and creates test scripts to…
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Malvern Bancorp Reports Second-Quarter Earnings Driven by Loan Growth, Higher Net Interest Income
The Paoli-based Malvern Bancorp, parent company of Malvern Federal Savings Bank, has reported operating results for the second fiscal quarter ended March 31, 2017. Net income amounted to $1.4 million, or $0.22 per fully diluted common share, for the quarter, an increase of $143,000, or 11.3 percent, as compared with net income of $1.3 million,…
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Malvern-Based First Priority Bank Reports Dramatic Increases in First-Quarter Results
The Malvern-based First Priority Financial Corp. has reported net income for the first quarter of 2017 totaling $782,000 or $0.11 per basic and fully diluted share, a 47 percent increase compared to $531,000 or $0.05 per basic and fully diluted share in the first quarter of 2016. It also reports a six percent increase compared…
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MONTCO Today, Ardent Credit Union Donates Cooler to Norristown’s Sweet Fields
Ardent Credit Union recently celebrated the grand opening of its Oaks location on 110 Black Rock Road with family festivities. Included in the fun was a raffle for a YETI cooler, won by MONTCO Today publisher and editor Ken Knickerbocker. But it didn’t remain in his hands very long. The owner of American Community Journals…
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Montgomery County Careers – SEI Investments
Headquartered in Oaks, SEI Investments is a financial-services company and global provider of investment processing, investment management, and investment operations solutions. Business Readiness Professional This position ensures that all business readiness project work is completed according to high standards, recommends improvements to standards, and serves as subject matter expert for operational and front office workflows/procedures development.…
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King of Prussia’s CardConnect Acquires Sales Firm MertzCo
King of Prussia’s fintech company CardConnect has acquired the sales firm MertzCo for an undisclosed amount, writes Roberto Torres for Technical.ly. CardConnect will keep all thirteen full-time employees of MertzCo including CEO Michael Mertz at their Chicago location. As part of the deal, Mertz joins the fintech company’s senior exec team as Chief Sales Officer.…
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Bryn Mawr Bank Expanding Its Operations to Princeton
Bryn Mawr Bank is expanding its operations into Princeton, New Jersey, with the opening of a wealth management office there, writes Jeff Blumenthal for Philadelphia Business Journal. The move comes after the bank brought in four executives from PNC Wealth Management and coincides with its planned acquisition of Royal Bancshares for $128 million. Bryn Mawr…
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Malvern Federal Promotes William J. Boylan to EVP, Chief Lending Officer
Malvern Bancorp, the parent company of Paoli-based Malvern Federal Savings Bank, has promoted William J. Boylan to Executive Vice President and Chief Lending Officer. Boylan, who joined Malvern in August 2015, heads up the bank’s operations in New Jersey, and oversees all aspects of Malvern’s lending business in Pennsylvania and New Jersey. [uam_ad id=”51712″] Advertisement…
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Ardent Credit Union Schedules Financial Wellness Workshops
Ardent Credit Union has several no-cost financial wellness workshops at their new Oaks branch scheduled this spring. Click here to learn more or sign up for one of the above sessions. [uam_ad id=”51711″]
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Montgomery County Careers – GMH Mortgage Services
Based in Conshohocken, GMH Mortgage Services is a direct-lending company supplying Retail, Wholesale, Direct, and Specialty Product loan options with a hands-on approach that produces outstanding results for clients and partners. Mortgage Loan Processor This position gathers and inputs loan information for processing and underwriting, ensures that all loan documentation is complete, accurate, verified, and compliant with…
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Montgomery County Careers – CardConnect
Located in King of Prussia, CardConnect is a rapidly-growing payments technology company that provides solutions for companies accepting bank card transactions, storing sensitive data and seeking to push the boundaries of innovation. Merchant Solutions Representative This position fields phone calls, emails, and requests from clients sales partners, and internal departments, identifies issues and potential solutions, and collaborates…
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Malvern Federal Savings Bank’s Insurance Subsidiary Offers an Asset to Your Portfolio
In order to continue to meet the evolving needs of its clients, the Paoli-based Malvern Federal Savings Bank has reintroduced its insurance subsidiary, Malvern Insurance Associates. Malvern Insurance Associates, with its customer-focused and highly personalized service, is offering clients a necessary product, considering how insurance serves as an asset in one’s financial portfolio. Malvern Federal…
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New Name Better Reflects Harleysville Bank
Harleysville Savings Bank can finally bank on a name change that won’t cause widespread confusion. The six-location Montgomery County financial institution will officially shorten its name to Harleysville Bank in May, according to a Philadelphia Business Journal report by Jeff Blumenthal. It waited for years to see that opportunity open up, in large part to…
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Celebrate Ardent Credit Union’s Oaks Grand Opening This Saturday
Celebrate Ardent Credit Union’s Oaks Grand Opening this Saturday at 110 Black Rock Road in Oaks.
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Is A Credit Union Right For You?
By Cynthia Minuti, Chief Experience Office, Ardent Credit Union Since leaving the banking industry and moving to Ardent Credit Union, I’m frequently asked, “What’s the difference between a bank and a credit union?” The short answer is, everything! For starters, credit unions (CUs) are not-for-profit organizations that exist to serve their members. Like banks, credit…
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First Priority Bank Appoints New SVP, Eyes Expanded Footprint
First Priority Bank, headquartered in Malvern, has appointed Laura J. Melfi as Senior Vice President and Director of Cash Management. In her new position, Melfi will be responsible for the leading the bank’s cash management efforts with a specific focus on the expansion of its existing business relationships, along with establishing new relationships in Chester…
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