Business
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As It ‘Transitions into an Exciting Future,’ C&N Announces Changes to Board of Directors
C&N, a community bank with full-service offices in nine counties in Pennsylvania, including Chester and Bucks counties, has announced changes to its Board of Directors. The Board has appointed Terry L. Lehman as Chairman. Effective May 1, Lehman will succeed Leo F. Lambert, who has served in that role since being appointed in 2014. Lambert,…
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Tiny Houses, Big Ideas: Bryn Mawr Trust Explains the Tiny House Movement
Many young adults today who want to own a home are having a difficult time doing so. With high student loan debt, high home costs, and lower home inventory due to demand, it’s tricky. There is also a societal and moral call to be more environmentally conscious. Today’s young adults have a strong desire for…
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Unlocking Pottstown’s Potential: Diversity-Focused Investors Conference a Virtual Success
The upbeat, online Pottstown Investors Conference showcased the resilience within the shared city’s business community. It also shared the tangible, rich opportunity that exists if entrepreneurs, investors, and residents embrace diversity as a driver for sustainable economic and nonprofit success. About 150 registrants participated in the free, virtual event, hosted by Hobart’s Run, Pottstown Area…
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C&N Appoints 41-Year Veteran of the Financial Industry to Executive Leadership Team
C&N recently announced strategic organizational changes to align with its value-based, relationship model and to pursue continued growth in a fast-changing marketplace. At that time, Blair T. Rush was appointed to the Executive Leadership Team as Executive Vice President/Region President for the company’s Southeast region, covering all of southeastern Pennsylvania. “Blair has played a critical…
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Conshohocken’s Firstrust Bank Sponsors Grant Program That Helps Small Businesses
Conshohocken’s Firstrust Bank is helping small businesses navigate difficult challenges brought on by the pandemic through a new grant program, writes Jeff Blumenthal for the Philadelphia Business Journal. Firstrust Bank joins a growing list of local banks that are playing a role in enhancing the fortunes of local businesses that are strapped for cash. In…
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Virtual Pottstown Investors Conference Focuses on Diversity and Resilience
The Fourth Annual Pottstown Investors Conference sponsored by Hobart’s Run, The Hill School, Pottstown Area Industrial Development, Inc. (PAID), and The Borough of Pottstown will be presented in a virtual format on Friday, April 16. The conference kicks off at 8:45 a.m. with on-line sign-in. There is no charge to interested individuals. Interested participants should register…
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PA’s Online Unemployment Compensation System — Often Fraught with Frustration — Is Getting a Reboot
As if being out of work isn’t bad enough, the Pennsylvania Department of Labor & Industry’s online system for filing/managing claims is often difficult to navigate, unsteady in its performance and outmoded in its layout. That’s all about to change on June 8, with the launch of a new unemployment compensation system, writes Tom Lehman for WGAL News 8. The improved system will replace…
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Malvern Bank Appoints Rachel Heist to Assistant VP, Continues to Expand Its Brand to Equestrian Market
Malvern Bank, National Association has appointed Rachel Heist to Assistant Vice President, Personal Banker and added her to the bank’s equestrian division. “Rachel is known within the equestrian space not only through her experience as a hunter jumper but also education in equine management,” said Malvern Bank CEO Anthony C. Weagley. “The bank continues to…
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C&N Grows Its Presence in Southeastern Pennsylvania as a Community Bank That Offers World-Class Services
“C&N is the only bank I need.” It’s a vision shared by C&N team members and speaks to the aspirational sentiment they strive to hear from their customers. Formerly known as Citizens & Northern Bank, C&N is based in Wellsboro, in Tioga County, and has a long, proud history that dates back to 1864. Throughout…
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Malvern Bank Appoints Betty Silfa to Position of Senior Vice President, Pennsylvania Senior Commercial Lender
Malvern Bank, National Association has appointed Betty Silfa to the position of Senior Vice President, Pennsylvania Senior Commercial Lender. In this role, Silfa will be responsible for meeting the commercial lending needs of Malvern Bank’s business customers by soliciting new business from present and prospective customers and maintaining ongoing business relationships with present customers. The…
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Meridian Bank Adds Veteran of Finance, Wealth Management as Vice President of Business Development
Malvern resident Hank Oberly has joined Meridian Bank as Vice President of Business Development. In this new role, Oberly will be responsible for new business development and market growth in Pennsylvania, New Jersey, and Delaware. A graduate of Denison University in Ohio, Oberly has worked in finance and wealth management in the Philadelphia region for…
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Richard A. Ehst to Retire as Customers Bank’s President and Chief Executive Officer After 50 Year Banking Career; Sam Sidhu Named as Successor
After more than a half-century of successful banking leadership, Richard A. (“Dick”) Ehst will retire from his post as President and Chief Executive Officer of Customers Bank, a subsidiary of Customers Bancorp, Inc. Samvir (“Sam”) Sidhu, currently Vice Chairman and Chief Operating Officer, has been named as Ehst’s successor. Sam Sidhu served as a Board…
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Industry-Leading Traffic Signals Company Gets a Green Light from Meridian Bank
When a company in Reading needed working capital to sustain its fast-growing business, Meridian Bank restructured its financing. Since then, the company has become a world leader in its industry, and its president was able to achieve his goal of owning the business. If you’ve ever driven through a construction zone guided by a portable…
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Thanks to Keystone Scholars Program, Lansdale Family Starts Saving for Their Baby’s College Early
Alex and Bridget Felts of Lansdale have started saving for their daughter Rowen’s college education early with the help of the Pennsylvania Treasury’s Keystone Scholar program, writes Rita Giordano for The Philadelphia Inquirer. However, the pair nearly missed out on the opportunity to get a $100 starter deposit for future higher education expenses from the…
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Malvern Bank Offering a Home Equity Line of Credit Special
Because of the pandemic, the opportunity for consumers to borrow against their home’s equity is not as widespread as it once was. Not knowing what the next week, or even month, will bring, several banks and lenders have put a halt to applications for home equity lines of credit or have changed their qualifications. That’s…
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Bryn Mawr Trust Celebrates Women’s History Month, Hosting Discussion with Women Business Owners
In recognition of Women’s History Month, Bryn Mawr Trust is celebrating three local women business owners who, by example and purpose, have contributed to society overall. BMT invites the public to a virtual panel discussion, moderated by Elizabeth B. Wagner of BMT Wealth Management, on Wednesday, March 24 at 12 PM. Topics that will be…
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Give Like a Boss: MCCC Presents Webinar on Sustainable Charitable Giving Without Draining Your Checking Account
As businesses and organizations begin to recover from the impact of the pandemic, charitable giving is more important than ever today—it is an investment in your community that is sustainable. To help residents learn about effective ways to support charities, Montgomery County Community College Foundation’s Planned Giving Advisory Council is presenting a free webinar, “Creative…
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Customers Bank Donates $20,000 to Reading Area Community College
Richard Ehst, President and Chief Executive Officer of Customers Bank and Dr. Susan Looney, President of Reading Area Community College participated in presentation ceremony on March 12 acknowledging Customers Bank’s contribution of $20,000 to Reading Area Community College. Customers Bank’s contribution will create scholarships for dual-enrollment high school students that are earning early college credits.…
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