Business
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Is Your ‘Buy Now, Pay Later’ Habit Helping or Hurting Your Financial Future?
Buy Now, Pay Later (BNPL) services have transformed from a convenient shopping option into a mainstream payment method. According to a WSFS Money Trends Survey, 38 percent of adults in the Greater Philadelphia and Delaware region used BNPL in the past year. While these services offer an appealing alternative to credit cards, allowing shoppers to split…
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Philadelphia Finance Veterans Launch $50M Community Bank Fund Through Epta Capital Management
Epta Capital Management, founded by Philadelphia finance veterans Jay Goldstein and Bob Marino, has launched a $50 million fund to support community banks, writes Jeff Blumenthal for the Philadelphia Business Journal. Epta is targeting minority stakes in “leading community banks” with assets between $500 million and $5 billion. The firm aims to provide growth capital…
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Want to Be in Pennsylvania’s 1%? Here’s the Income You’ll Need
To rank in the top one percent of earners in Pennsylvania, residents need an income of $605,333, which is the 24th highest total in the country, write Joanne Drilling and Jeff Blumenthal for the Philadelphia Business Journal. The ranking draws on the most recent IRS earnings data from 2022. Across the nation, the findings revealed…
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Citadel Credit Union Committed to the Employee Experience, Again Certified as a Great Place to Work
Citadel Credit Union has been officially certified by Great Place to Work for the seventh year, reaffirming its long-standing commitment to a culture in which employees thrive. The recognition also reflects the continued progress made under CEO Bill Brown, who celebrates his second anniversary leading the organization this month and has prioritized elevating the employee…
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Bernard Shields Named WSFS Bank’s Pennsylvania Market President
Bernard Shields will join WSFS Bank as Executive Vice President, Pennsylvania Market President. In this role, Shields will report to Jim Wechsler, Executive Vice President, Chief Commercial Banking Officer, and be responsible for influencing growth and sales strategies across the company’s markets, enhancing and optimizing relationships with current and prospective clients, and engaging in the…
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Breaking Down School Taxes in Bucks County: Who Pays the Most and Least?
Annual school taxes in Bucks County vary greatly, with homeowners expected to pay anywhere from $3,000 to more than $7,500, writes Chris Ullery for the Bucks County Courier Times. The taxes are determined based on the assessed value of a property and the millage rate set for the county’s thirteen school districts by their officials.…
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Montgomery County Leadership: Jeff Bierlein, Director of Commercial Real Estate Banking, S&T Bank
Jeff Bierlein, Director of Commercial Real Estate Banking at S&T Bank, spoke with MONTCO Today about growing up in Northeastern Pennsylvania. Sports were the focus of his childhood, from traveling for Little League games to learning leadership as a basketball camp instructor. After establishing a banking career for himself at PNC Bank, Bierlein transitioned to…
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This Change Agent Built Her Business with Tenacity — and a Bank that Understood the Journey
Maria Frizelle Roberts launched MFR Consultants, a Philadelphia-based “public sector” consulting firm, with a simple but powerful mission. To fix systems that weren’t working and create lasting change. With tenacity and vision, she applied strategies — like process optimization, data-driven insights, and innovative technology solutions — to deliver results. By combining mission with method, her…
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TruMark Financial Credit Union Now Accepting Applications for Difference Makers Scholarship Program
TruMark Financial Credit Union is once again celebrating high school seniors who are transforming compassion into community impact. Applications are now open for TruMark Financial’s Third Annual Difference Makers Scholarship, which rewards students whose volunteer work is making a measurable difference in their communities. The scholarship is open to high school seniors planning to attend…
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After Closing All Locations, Including West Chester and Exton, Iron Hill Officially Files for Bankruptcy
After closing all its locations last month, including West Chester and Exton, and after nearly three decades in business, Iron Hill Brewery & Restaurant has officially filed for bankruptcy, writes Erin McCarthy for The Philadelphia Inquirer. The company filed under Chapter 7, allowing the chain to liquidate. This is different from Chapter 11, which permits…
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Oaks’ SEI Investments Names Dave Langdale Chief Revenue Officer of U.S. Private Banking
Oaks’ SEI Investments has tapped executive Dave Langdale as the next Chief Revenue Officer for its U.S. Private Banking division, the company announced in a press release. Effective in the beginning of 2026, Langdale will oversee sales, client service, and growth strategies. He will report directly to Sanjay Sharma, Global Head of SEI’s Private Banking…
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TruMark Financial Credit Union Supports One House at a Time with Donations, Volunteerism
As part of its ongoing commitment to community involvement, TruMark Financial Credit Union recently supported One House at a Time (OHAAT) with donations, financial assistance, and hands-on volunteer efforts. TruMark Financial team members collected several boxes of stuffed animals, toothbrushes, bed sheets, comforters, and books at the credit union’s headquarters in Fort Washington and delivered…
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C&N Completes Acquisition of Susquehanna Community Bank
C&N — which operates 35 banking offices in Pennsylvania, including in Paoli, Doylestown, and Newtown — has announced the completion of its acquisition of Susquehanna Community Bank. “We are pleased to welcome Susquehanna’s shareholders, customers, and employees to our C&N family,” said C&N President and CEO Brad Scovill. “Susquehanna’s relationship-based, community-focused culture aligns well with…
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Chase Bank to Open Seven New Branches Across Region, Including Two in Chester County
Chase Bank will open seven new branches across the Philadelphia region over the next three months, with two located in Chester County, writes Jeff Blumenthal for the Philadelphia Business Journal. The bank has already opened three retail branches in the area earlier this year, bringing the total number of new openings to ten and the…
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More Than 1,600 WSFS Associates Volunteer Across the Region for We Stand for Service Day
More than 1,600 WSFS Bank associates recently volunteered at more than 130 community organizations across the region as part of the bank’s third annual We Stand for Service Day. Associates volunteered more than 5,500 hours across the bank’s footprint in Delaware, Pennsylvania, and New Jersey during the company-wide day of giving back through volunteerism. “At…
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Chase Bank to Open Seven New Branches Across Philadelphia Region, Including Four in Montco
Chase Bank plans will open seven new branches across the Philadelphia region over the next three months, with four located in Montgomery County, writes Jeff Blumenthal for the Philadelphia Business Journal. The bank already opened three retail branches in the area earlier this year, bringing the total number of new openings to ten and the…
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Credit Confessions: True Stories of Debt, Regret, and Second Chances
Credit can feel overwhelming with countless card options, tricky jargon, and plenty of room for missteps. The truth is, almost everyone makes mistakes along the way, including us. That’s why, for October, Get Smart About Credit Month, we’re sharing “Credit Confessions” — real stories from C&N teammates about early credit mishaps and the lessons we’ve…
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Quakertown-Based QNB Corp. Pays $41M for Montgomery County Bank
Quakertown-based QNB Corp., the parent company of QNB Bank, has agreed to pay nearly $41 million to complete the acquisition of Limerick’s The Victory Bank, writes Jeff Blumenthal for the Philadelphia Business Journal. The all-stock transaction will expand QNB’s presence in Montgomery County and extend it into Berks County, creating a bank that will have…
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