Business
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QNB-Victory Bank Merger Moves Forward After Shareholder Vote
Shareholders of Quakertown-based QNB Corp. and The Victory Bancorp in Limerick have voted in favor of a proposed merger, clearing a major regulatory and corporate hurdle, writes Amy Unger for WFMZ 69 News. QNB Corp. serves as the holding company for QNB Bank, while The Victory Bancorp performs the same role for The Victory Bank.…
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Chase to Open Philadelphia-Area Branches as Part of Expansion, Including Three in Chester County
As part of its nationwide expansion strategy, Chase Bank will open 14 new branches in Greater Philadelphia this year, including three that are planned for Chester County, writes Jeff Blumenthal for the Philadelphia Business Journal. The company will add a total of 160 locations in 30 states and renovate around 600 existing sites. According to parent company JPMorgan Chase, the…
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Meridian Bank Leader Jason Sheehan Brings Spartan Discipline to Commercial Real Estate
At Meridian Bank, strong leadership isn’t confined to the boardroom. It’s cultivated through discipline, resilience, and a willingness to do hard things, which are all values embodied by Commercial Real Estate team member Jason Sheehan. In his role as Senior Vice President of Commercial Real Estate, Sheehan works closely with developers and businesses to structure…
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Fueling Your Business Story with Commercial Banking Services
As a business owner, you know that growth isn’t just a goal — it’s a journey. Whether you’re launching a new idea, scaling operations, or navigating through unexpected challenges, having the right financial partner makes all the difference. At Penn Community Bank, we understand that each business is unique. That’s why we take a personalized…
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Firstrust Bank Enters New Strategic Partnership with MortgageCountry
Firstrust Bank is partnering with MortgageCountry, LLC to manage key mortgage production functions, positioning the bank’s mortgage business for long-term sustainability and growth. Through this partnership, MortgageCountry will oversee end-to-end mortgage originations and provide strategic leadership. Mortgage loans will continue to be originated and closed under the Firstrust name; Firstrust mortgage loan officers will remain bank employees.…
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From Piggy Banks to Nest Eggs: Financial Wellness at Every Stage of Life
Financial wellness is a holistic approach to managing finances that emphasizes confidence, control and informed decision-making. It’s a lifelong journey that evolves alongside one’s changing responsibilities and priorities. From learning the value of a dollar in childhood to maintaining security in retirement, each stage of life offers opportunities to foster financial health and peace of…
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Firstrust Bank, Philadelphia Eagles Elevate Havertown Carpet Co. Through Brotherly Shove Business Spotlight
Shane Barry never set out to chase the spotlight when he founded the Havertown Carpet Co. in 2015. He just set out to survive. With more than a decade of experience at a stable job in the flooring industry, and with his wife pregnant with their third child, he traded in his car for a…
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Future-Proof Your Business with Digital Payments
In today’s evolving financial environment, one trend is crystal clear: cash is no longer king. Amidst shifting consumer preferences and an increasingly digital economy, businesses that want to stay competitive must embrace modern payment solutions — or risk being left behind. Cash Is No Longer King Here’s the reality: cash usage is steadily declining. According…
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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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