Banking & Finance
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C&N Wealth Management Names Philip Prough Chief Investment Strategist
C&N Wealth Management has named Philip Prough as its Chief Investment Strategist. With more than 30 years of industry experience, Prough will lead the development and expansion of the C&N Wealth Management team’s customized investment management offering to new and existing markets. C&N Wealth Management Names Philip Prough Chief Investment Strategist “Wealth management has been…
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Pennsylvanians Routinely Fail to Claim Millions in Lottery Prizes
Pennsylvania residents fail to claim an average of $17 million in Pennsylvania Lottery prize money each year, according to a staff report from the Pittsburgh Post-Gazette. Last year’s tally was relatively low, with $8.2 million uncollected in prizes. In 2021, however, Pennsylvanians left $20.5 million on the table. From 2012–2021, the unclaimed annual average was…
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WSFS CARES Foundation’s $2.4 Million in Donations Last Year Bring Us Closer to ‘a Day When Everyone Will Thrive’
The WSFS CARES Foundation, the charitable giving arm of WSFS Bank, provided grants and donations totaling more than $2.4 million to community organizations located across Delaware, New Jersey, and Pennsylvania in 2022. In addition to the grants, Team WSFS, the WSFS corporate volunteer program, saw associates volunteer more than 17,000 hours in 2022 through community…
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Pa.’s Fourth Congressional District Makes Forbes Ranking for Key Household Metric in Montco
Pennsylvania’s 4th Congressional District, which encompasses the majority of Montgomery County, is one of the wealthiest in the nation, writes Andrew DePietro for Forbes. Forbes recently analyzed all of the congressional districts that comprise the 116th Congress that started in January 2021 and will run until January 2023 to determine which have the highest median…
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Penn Community Bank Recognized for Commitment to Equitable, Inclusive Banking
Penn Community Bank, the largest mutual bank in eastern Pennsylvania, announced that its Access Checking account has once again been certified by the national Cities for Financial Empowerment Fund (CFE Fund) as meeting the Bank On National Account Standards (2023–2024). The national safe account standards, co-created by consumer advocates, leading national nonprofit organizations, civic leaders,…
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Firstrust Bank Opens Fully Renovated, Collaboration-Supportive HQ in Conshohocken
If the story of the Firstrust Bank headquarters renovation in Conshohocken were a streaming service series, its title might have been The COVID Factor: What a Time to Rebuild a Building. Nonetheless, with equal parts of determination and patience, the work continued to unfold, navigating ever-changing health provisos, supply-chain tangles, labor shortages, and other issues…
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Invest in a CD to Maximize Your Savings as Interest Rates Rise
As the Federal Reserve continues to raise its benchmark interest rate to fight inflation, many consumers are looking for ways to boost their savings for a variety of reasons. While some are simply looking for ways to save money on everyday expenses, others are considering what they should do with their current savings nest egg.…
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Firstrust CEO and President Tim Abell Reflects on Bank’s FY2022 as Precursor to Overall Economic Outlook
Firstrust Bank CEO and President Tim Abell — before introducing speaker Lara Rhame, Chief U.S. Economist Lara Rhame of Philadelphia’s FS Investment — reflected on the past year at a recent meeting of the Philadelphia Chamber of Commerce. “A New Building Block” “Some people like to think of the new year as a fresh start,”…
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C&N Welcomes M. William Kadri as Vice President, Regional Personal Banking Manager
C&N announces that M. William Kadri has joined the Southeast Region team as Vice President and Regional Personal Banking Manager based in Doylestown. Kadri brings 10 years of retail banking experience to the team at C&N. He will lead the southeast-region retail team in growing the market’s deposit and loan portfolio, while focusing on providing…
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Penn Community Bank, Lehigh Valley Phantoms Announce Corporate Partnership
Penn Community Bank has teamed up with the Lehigh Valley Phantoms as part of a new corporate partnership. As part of the multiyear agreement, Penn Community Bank will hold a prominent position with the franchise, featuring the naming rights of the PPL Center concourse and the owner of an executive suite. Gliding into 2023 Penn…
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Deadline Nears to Nominate Local Teachers for Citadel Heart of Learning Award
Sunday, Jan. 15 is the last day that Citadel Credit Union will accept nominations for its prestigious teaching excellence award, the Citadel Heart of Learning Award. If you know some teachers who go above and beyond the call of duty and truly make a difference in the lives of students, please nominate them for the Citadel…
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Seedcopa’s 2023 Business Lending Outlook
The past year has seen a profound change in interest rates for loans of all kinds, including below-market rates through government-backed business loans like those we offer at Seedcopa + SeedcoDE. Before we dive into my annual Business Lending Outlook, first let’s examine what got us here: There’s a lot of commentary out there that…
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Montgomery County Leadership: Mike Fitzgerald, Market President, Univest Bank
Mike Fitzgerald, market president for East Penn and New Jersey at Univest Bank, spoke to MONTCO Today about growing up in Philadelphia and Holland in Bucks County and the pervasive influence wrestling has had on his life — from being a captain in high school, returning to coach his alma mater after college for seven…
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Santander Bank Closing 13 Pennsylvania, New Jersey Branches; One Is in Montgomery County
Santander Bank is closing 13 branches in Pennsylvania and New Jersey, including one in Montgomery County, writes Jeff Blumenthal for the Philadelphia Business Journal. Overall, five closing locations are in the immediate Philadelphia region, while five more are on its outskirts. According to the Office of the Comptroller of the Currency, Santander Bank has filed…
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Firstrust Bank Execs, Having Conquered Mount Kilimanjaro, Return with New Outlooks, Deep Friendships, and Professional Takeaways
Despite being home two weeks after a life-changing climb of Mount Kilimanjaro, Firstrust Bank EVP Michael Dinda still sported the sunburnt face he got during the adventure. But if anything, Dinda’s rosy glow caused the commercial banking division manager’s smile appear yet more dazzling white. His climbing partner and colleague, Seth Mackler, EVP of commercial…
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Ambler Savings Bank President, CEO Roger Zacharia Named to Governor-Elect Shapiro’s Transition Advisory Committee
The Pennsylvania Association of Community Bankers (PACB) congratulates Roger Zacharia, President and CEO of Ambler Savings Bank, on his appointment by Governor-Elect Josh Shapiro to the Transition Advisory Committee for Consumer Protection. Zacharia is the immediate past chair of the PACB. Governor-Elect Shapiro and Lieutenant Governor-Elect Davis have assembled a diverse and experienced team of…
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King of Prussia Conference Examined the Political, Economic, Faith-Based Juncture of Catholicism and Crypto
The 2022 Catholic Crypto Conference at the Sheraton Valley Forge in King of Prussia brought together two seemingly disparate topics: religion and technocurrency. Christopher Parker chronicled the convergence in America, the Jesuit Review. The two-day forum, the first of its kind, featured speakers from Goldman Sachs, the University of Notre Dame, and other related organizations.…
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If You’re in the Market for a New Home, You May Have More Buying Power in 2023
If you’re planning to buy a new home in 2023, the first few months of the new year may present a better than anticipated buyers’ market due to several factors that are not only influencing homebuyers’ financial position, but also easing the inventory constraints we’ve seen in recent years. Key Market Factors With recent reports…
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