Business
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Meridian Bank Recognized by American Banker as One of Top-Performing Banks
Meridian Bank has been recognized by American Banker as one of the top-performing mid-size banks with assets between $2 billion and $10 billion in 2022. Banks scoring a spot on American Banker’s top 200 list had a median return on average equity of 12.48 percent and the three-year average for this figure was 11.61 percent. …
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Citadel Credit Union Launches New Corporate Giving Program to Encompass All of Its Charitable Efforts
Citadel Credit Union has launched a new corporate giving program, Citadel Cares, that encompasses all charitable efforts across the company. Citadel Cares will be dedicated to supporting philanthropic efforts across the Greater Philadelphia area that help people and communities prosper. Within four years, Citadel is committed to donating more than $2 million in philanthropic support…
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Firstrust Bank Execs Frame First Story of Strawberry Mansion Home with Habitat for Humanity Philadelphia
Firstrust Bank CEO and President Tim Abell, along with 17 other executives from Philadelphia’s Hometown Bank, recently traded home loan mortgages for home building tools, as they volunteered with Habitat for Humanity Philadelphia to frame the first story of a home in Coltrane Commons. Coltrane Commons is an affordable housing community in the Strawberry Mansion…
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Horsham Business Association: Powering Growth, Collaboration in Montgomery County
The Chamber of Commerce for Greater Montgomery County announces the establishment of the Horsham Business Association, a new program aimed at fostering growth, innovation, and collaboration among businesses in the Horsham community and throughout the Greater Montgomery County area. The Horsham Business Association will serve as a dynamic platform for local businesses, entrepreneurs, and professionals to…
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Teaching Teens to Manage and Open a Bank Account
As children grow into teenagers, they gain independence in many ways. From spending more time with friends and hobbies to starting a job, the teenage years are crucial to development and learning. One way to support their independence is by setting up a bank account. Here are three things teens learn by setting up a…
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WSFS Bank Execs Share Tips on How Small Business Owners Can Safeguard Against Market Volatility, Fraud
The recent health issues of some of the less-diversified banks have initiated conversations about the protection and safety of consumer and business financial assets. Under FDIC rules, all deposits owned by a corporation, partnership, or unincorporated entity at the same bank are added together and insured up to $250,000. “We know that $250,000 is a…
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Why Alternative Strategies Represent A New Frontier In Investing
The world of investing has come a long way since the days of buying and holding stocks and bonds. With the advent of technology and the globalization of markets, investors have more choices than ever. Once reserved for the ultra-wealthy, alternative investment strategies are becoming increasingly accessible to retail investors. In this article, we’ll explore…
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Firstrust Bank ‘Cultivates Prosperity for the Communities We Serve,’ Donates $25,000 to Habitat for Humanity’s New ReStore in North Philadelphia
Firstrust Bank recently helped celebrate the grand opening of Habitat for Humanity Philadelphia’s new ReStore at 3111 West Allegheny Avenue with a $25,000 donation. The new ReStore is Habitat’s second ReStore location in Philadelphia, and 100 percent of its profits will go toward building and repairing more homes in the city. “As Philadelphia’s Hometown Bank,…
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The Power of Down Payments and Credit Scores
Let’s face it – nobody wants a mortgage, they want a home. Homeownership is a fulfilling experience and, unless you have the means of purchasing your home outright, a mortgage is the vehicle that drives you down that road. Because of how crucial mortgages are to homeownership, it’s good to know mortgage basics that can…
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Cash Isn’t The Most Exciting Asset, But It Belongs In Your Financial Planning
Cash may not be the most exciting asset class, but it’s essential. Cash is an alternative investment that not enough people are talking about. In today’s market environment, with interest rates rising and high volatility, cash can provide a safe haven for investors. However, many financial advisors may not be eager to recommend it if they aren’t…
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Learn from WSFS Bank How to Protect Your Small Business from Asset Loss and Fraud at Today’s NoonZoom
Recent events in banking have brought new attention to the financial services industry and have business leaders wondering if they are taking the right steps to ensure their money is safe. Join a pair of experts from WSFS Bank to learn the several ways to safeguard against threats like fraud or market volatility. On Tuesday,…
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How to Protect Your Business Against Check Fraud
Whether it’s digital fraud, phishing and spoofing, or check and payments fraud, the reality is that many businesses (71%, according to a 2022 AFP Payments Fraud and Control Survey) unfortunately experience fraudulent schemes or attempts that can cost them time and money. The survey also found that the most common scheme (66%) currently impacting businesses is check fraud. While…
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Firstrust Bank’s New Promotion Supports Summer Camp for Children with Disabilities
Your savings can now help send children and young adults with disabilities to summer camp. Firstrust Bank has launched a summer promotion with Variety — The Children’s Charity of Delaware Valley to support the nonprofit’s ACA-accredited summer camp program for local families and children with disabilities. Now through July 31, Firstrust will pledge a $25…
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Meridian Bank Supports Paoli Hospital as Title Sponsor for 2023 Golf Classic
On Tuesday, May 16, Meridian Bank proudly supported the Paoli Hospital Foundation as the Title Sponsor for this year’s Golf Classic. Chris Annas, CEO of Meridian Bank, Geoff Sheehan, SVP C&I Lending, and Jessica Annas Tiagwad, SVP Marketing, presented a $50,000 donation to Paoli Hospital Foundation team members Elaine Bailey, Board Chair, and Meghan Sayer,…
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How to Avoid Artificial Intelligence and Deep Fake Scams
Artificial intelligence (AI) can be a powerful tool, but what happens when it falls into the hands of scammers? While AI can help with things like chatbots for customer service and writing emails, it can also be leveraged by nefarious actors through deep fake scams that can mimic human voices, create fake videos, photos, and…
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Ways to Protect Your Business Accounts
Recent events have brought new attention to the financial services industry and have business leaders wondering if they are taking the right steps to ensure their money is safe. There are several ways to safeguard against threats like fraud or market volatility but ensuring your business’ money is protected in Federal Deposit Insurance Corporation (FDIC)…
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Citadel Credit Union Honors 31 Local Teachers with Citadel Heart of Learning Award, $58,000 in Grants
Citadel Credit Union has recognized 31 teachers in Greater Philadelphia for going above and beyond and truly “building strength in education.” The company has awarded the winners more than $58,000 in grants and the prestigious Citadel Heart of Learning Award. Twenty-eight winners received a hand-blown glass heart award and a $1,000 cash prize. Also, three…
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How To Keep Your Company and Yourself Safe from Fraud
Whether it’s a compromised email, ransomware, mail theft, or other criminal attempt, fraudulent schemes continue to trend upward and can cost businesses and consumers alike. Preventing fraud requires vigilance from every employee to protect your company’s finances and information. Here are some tips to help protect your business and yourself. Digital FraudScammers don’t discriminate when it comes to the…
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