Business
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C&N’s New Chief Info Officer to Accelerate Bank’s Digital Transformation, While Retaining Focus on Relationships
Alexander Balagour has been named C&N’s Executive Vice President and Chief Information Officer. As CIO, Balagour will focus on identifying and executing technology initiatives that will accelerate the digital transformation of the organization, while retaining its strong commitment to a relationship-focused business model. He joins C&N with more than 20 years of experience as an…
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Malvern Bank: Independent School Philanthropy Can Survive the Pandemic
The coronavirus has impacted nearly every aspect of our lives. But how it has impacted philanthropy – to charitable organizations and for-profit entities such as independent schools alike – may surprise you. In May 2020, just a couple of months into the pandemic, more than half of organizations polled by the Association of Fundraising Professionals…
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TruMark Financial Credit Union Rewards High School Seniors for Being Money Management Savvy
Answer: TruMark Financial Credit Union’s 2021 Financial Jeopardy Competition. Question: What annual event, held virtually this year, put $11,000 in scholarships funds into the pockets of area students heading to college? Eight local students participated in the Jeopardy-style game show organized and hosted by TruMark Financial. The initiative, aimed at instilling financial literacy in high…
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Customers Bank Promotes Jennifer Frost to Executive Vice President, Chief Administrative Officer
Customers Bank is pleased to announce Jennifer Frost has been promoted to Executive Vice President and Chief Administrative Officer. Frost will also join the Management Board. Previously, Jennifer Frost served as senior vice president, deputy chief administrative officer and was responsible for leading the bank’s efforts to digitize many of the institution’s operations and processes,…
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Longtime Comcast Exec to Share Her Insights During Bryn Mawr Trust’s Career Conversations on Tuesday
Bryn Mawr Trust will host the next installment of Career Conversations, a webcast series that features women in senior leadership roles sharing career insights and their professional journeys, on Tuesday, June 15 at 12:15 PM. Career Conversations is a collaborative effort by BMT and Greater Philadelphia-based nonprofit POWER of Professional Women. The live broadcast will…
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C&N Joins Nationwide Effort to Help Older Customers, Their Financial Caregivers Protect Themselves
C&N is partnering with the American Bankers Association Foundation’s Safe Banking for Seniors campaign in a nationwide effort to help older customers and their financial caregivers understand the risks of fraud and financial abuse and how to protect themselves and their loved ones. C&N is sharing tips to help eliminate the almost $2.9 billion that…
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Meridian Bank’s Chris Godshall Named to Bucks County Economic Development Corporation’s Board
Chris Godshall, Senior Vice President of Commercial Lending at Meridian Bank, has been named to the Bucks County Economic Development Corporation’s Board of Directors. The BCEDC is a nonprofit established in 1958 to support economic growth in Bucks County. Having joined Meridian in 2004, Godshall is the bank’s regional team leader in Bucks and Montgomery…
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C&N Offers Tips to Help Eliminate the Billions Older Americans Lose Each Year to Fraud
C&N is partnering with the ABA (American Bankers Association) Foundation’s Safe Banking for Seniors campaign in a nationwide effort to help older customers and their financial caregivers understand the current scams and how to protect themselves and their loved ones. Throughout May, which is Older Americans Month, C&N will share articles and tips to help…
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When a Local Auto Body Business Hit Rough Waters, Meridian Bank Rolled Up Its Sleeves to Help
Most people think of the business slowdowns related to COVID-19 in terms of the travel, retail, real estate, and food service industries. It doesn’t leap to mind that an auto body repair shop would also suffer. But that’s exactly what happened to Tom Bemiller, owner-operator of Ed’s Auto Body, part of The Aureus Group, located…
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Philadelphia-Eagle-Turned-Entrepreneur Brent Celek on Meridian Bank: ‘The Business Culture is Amazing’
As a tight end for the Philadelphia Eagles, Brent Celek’s on-field role shifted constantly: blocker, runner receiver. That skill — quick decisions/quick executions — served his sports career well. It didn’t hurt his business career, either. Celek spoke of his post-football real estate business at an Entrepreneurs’ Forum of Greater Philadelphia event. Meridian Bank sponsored.…
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Bryn Mawr Trust: Rebirth of QR Codes Has Streamlined the Way We Live Through the Pandemic, Beyond
The sudden need for touchless transactions brought about the rebirth of QR codes, and it seems as if they are here to stay. More and more people are becoming aware of what QR codes even are. The scannable blocks have been widely used in the consumer market for quite a while, although they hadn’t been…
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King of Prussia-based Vertex Pays $200M for Ireland-based Taxamo
King of Prussia-based Vertex has paid $200 million in cash for Taxamo, an Ireland cloud-based provider of tax and payment automation for worldwide e-commerce and marketplaces, writes Jeff Blumenthal for the Philadelphia Business Journal. Taxamo’s customers include global digital service providers who use its platform to support indirect tax compliance with the main focus on…
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Customers Bank—Banking 4.0: The Digital Industrial Revolution
The fourth industrial revolution is about a technological revolution that is fundamentally changing the way we live, work and relate to one another. In many industries and especially in the banking sector, companies need to embrace all things digital, says Customers Bank. Industry leaders are taking the next natural step in the progression to become…
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Malvern Bank Explains How Independent Schools Can Deal with the Uncertainty of Pandemic-Era Admissions
According to the Enrollment Management Association’s Standard Application Online, the coronavirus has impacted the independent school admissions process significantly in the past year. (Big surprise, huh?) In a comparison of applications from September 2020 through January 2021 vs. September 2019 through January 2020, applications were down 11 percent. The pandemic began influencing admissions in March…
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Citadel Credit Union Builds Strength in Education, Honors 21 Local Teachers with Heart of Learning Award
In an academic year that challenged teachers unlike any other, 21 teachers in Greater Philadelphia have been recognized by Citadel Credit Union for going above and beyond. Teachers from across Bucks, Chester, Delaware, Lancaster, Montgomery, and Philadelphia counties have been recognized after being nominated for the prestigious Citadel Heart of Learning Award by their students,…
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C&N Partners with the ABA to Deliver Safe Banking for Seniors
C&N is partnering with the ABA (American Bankers Association) Foundation’s Safe Banking for Seniors campaign in a nationwide effort to help older customers and their financial caregivers understand the risks of fraud and financial abuse and how to protect themselves and their loved ones. Financial abuse against older Americans can take many forms, from illegal…
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C&N Donates $800,000 to Benefit Local Education
C&N understands the importance of investing in local education, having donated $800,000 under the Educational Improvement Tax Credit Program (EITC). Education is key to a strong and prosperous community. However, there are many budgetary roadblocks preventing children from receiving the level of education they deserve. C&N is committed to closing this gap by supporting local…
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Horsham-based Finance of America Mortgage Adding 1,000 Brokers to Network with Latest Acquisition
Horsham-based Finance of America Mortgage is adding more than 1,000 brokers to its network with the $40 million acquisition of Parkside Lending‘s third-party origination channel, writes Jeff Blumenthal for the Philadelphia Business Journal. The deal creates little customer overlap to FAM’s third-party origination coverage and puts the mortgage lender on the road to becoming one…
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