Business
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WSFS Bank Launches Early Pay, Enabling Customers to Receive Eligible Direct Deposits Early
WSFS Bank has launched Early Pay, which allows customers to receive eligible direct deposits from their employers up to two days early. Early Pay is also available for recurring government benefits, such as Social Security payments. “We’re thrilled to be able to offer Early Pay to our customers to help streamline their eligible direct deposits…
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FirstBank Charitable Foundation’s Better Giving for Greater Impact Summit: Uniting for Positive Change
On May 9, the FirstBank Charitable Foundation will present its pioneering event in philanthropy, the Better Giving for Greater Impact Summit. This groundbreaking summit brings together a diverse array of stakeholders committed to making a meaningful difference in the communities it serves. From nonprofit leaders to philanthropists, community funders, and local businesses, this summit aims…
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Patrick Hart Joins Meridian Bank as SVP, Commercial Lending
Meridian Bank has appointed Patrick Hart to the position of Senior Vice President, Commercial Lending. As part of the bank’s Chester County team, he’ll partner with commercial and industrial organizations throughout that community. Hart received his undergraduate degree in accounting from Drexel University, followed by an MBA in finance from Drexel. He has spent his…
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Philadelphia Eagles and Firstrust Bank Award High School Entrepreneurs in Student Business Pitch Competition
Six teams of students from four high schools in the Greater Philadelphia and Southern New Jersey regions recently competed in a business pitch challenge hosted by the Philadelphia Eagles and Firstrust Bank. The competition marked the culmination of the Entrepreneurs Game Plan powered by EVERFI program, a digital learning platform implemented in 30 area high…
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Billionaire Stephen Schwarzman’s Shares His Journey from Abington to Founding Blackstone
Billionaire Stephen Schwarzman, an Abington native, founded private equity firm Blackstone with the late Peter Peterson in 1985, writes Sergei Klebnikov for Forbes. Over the following decades, the firm has grown into the world’s largest alternative asset manager with over $1 trillion in assets. The strategy that helped build the firm has also changed over…
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WSFS Mortgage Study Reveals Positive Attitudes Toward Reverse Mortgages but Also Educational Opportunities
Reverse mortgages are gaining traction as a viable financial strategy for retirees seeking to enhance their cash flow and maintain their lifestyle in their golden years, according to a recent study by WSFS Mortgage, a division of WSFS Bank. The study, which surveyed 750 homeowners aged 60 and older, sheds light on the potential benefits…
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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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Kylie Kelce’s Net Worth Is Growing and She’s Putting It to Good Use
Despite a modest approach to her celebrity, Kylie Kelce is reaping the financial benefits as part of a popular two-some. As her Instagram followers grow, so does Kylie’s net worth, thanks to a large number of celebrity endorsements. She’s been able to use that to help several philanthropic causes, writes Mehera Bonner for Cosmopolitan. According…
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Kylie Kelce’s Net Worth Is Growing and She’s Putting It to Good Use
Despite a modest approach to her celebrity, Kylie Kelce is reaping the financial benefits as part of a popular two-some. As her Instagram followers grow, so does Kylie’s net worth, thanks to a large number of celebrity endorsements. She’s been able to use that to help several philanthropic causes, writes Mehera Bonner for Cosmopolitan. According…
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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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Millennials Flock To Single-Family Rentals
There is a new asset class I’ve seen in several different alternative investment “wrappers.” Besides using Delaware Statutory Trust’s (DST) alternative investment, companies are also putting this new asset class in three-to-five-year programs to build, lease up, and sell. This new asset class is single-family build-to-rent homes. As millennials reach the age where many start families, they…
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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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Delaware County Ticketholder Wins Million Dollar Powerball Prize
A Delaware County Powerball ticket holder is a million dollars richer after hitting five of the numbers drawn on Wednesday, March 27, reports the 6abc Digital Staff. There continues to be no top winners of the Powerball jackpot, which stood Monday, April 1, at $1.026 billion, the fifth time that jackpot has reached so high.…
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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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