Banking & Finance
-
Where Should Retirees Put Their Retirement Money?
When it comes to investments and retirement, retirees are in a precarious position. You have accumulated a retirement nest egg, but now you face new unknowns around life expectancy, quality of life, and your health. And not to be forgotten is how best to invest those hard-earned savings. Should you stick with stocks and their…
-
Penn Community Bank Receives National Recognition for Safe, Affordable Checking Accounts
Penn Community Bank’s new Access Checking Account has been officially certified by the national Cities for Financial Empowerment (CFE) Fund. The recognition results from its adherence to Bank On National Account Standards (2021–2022). These safe account analytics were created in a collaboration of consumer advocates, leading national nonprofit organizations, civic leaders, and other financial institutions.…
-
Main Line’s Lincoln Financial Group Welcomes Its First Woman CEO
Ellen Cooper is the new CEO of the Lincoln Financial Group based in Radnor and the first woman CEO for the company. She has become just one of 44 women leading a Fortune 500 company, writes Jeff Blumenthal for Philadelphia Business Journal. She succeeds Dennis Glass, who was CEO for 15 years. Cooper also became…
-
Penn Community Bank Hosts Massive Regional Day of Service
Penn Community Bank hosted its first-ever Day of Service on May 25. The organization-wide event partnered 300+ bank team members with over a dozen nonprofit partners throughout Bucks Co., Montgomery Co., and the Lehigh Valley. By the time the sun had set, its staff had provided over 1,000 employee hours of volunteer service and $100,000…
-
Six Montco County High Schoolers Receive Scholarships from the Green Family Foundation, Firstrust Bank
High school seniors from the Greater Philadelphia and Lehigh Valley region were recognized this week by the Green Family Foundation and Firstrust Bank at the 53rd annual Samuel A. Green Scholarship program ceremony. The high school scholarship program — one of the region’s most renowned — granted $180,000 in total to 29 students. Seven of…
-
Penn Community Bank Foundation Grant Supports Ukrainian Refugees Newly Arrived in Pa.
Penn Community Bank continues its support of relief efforts for those displaced by the conflict in Ukraine. The local financial institution has contributed 5,000 to the New Promise Foundation, a Bristol-based nonprofit assisting Ukrainian nationals in Pa. “We are very excited and honored to be a recipient of this grant from our local Penn Community…
-
Ambler Savings Bank Seeds Student Interest in Unusual Crop-Growing — Like in a Shipping Crate
Ambler Savings Bank is well accustomed to encouraging investment growth. But that outlook took on a different character with its recent donation of $35,000 to Methacton High School. Yes, it’s hoping to see a yield; however, this one is meant to be edible, not accounted on a ledger. The funds supported the high school students’…
-
C&N Bank Brings Big-Time Personal Touch to Small Business Week
C&N Bank did not celebrate the May 1–7 Small Business Week with giveaways of corporate-branded tchotchkes. Rather, it offered a home-spun representation of its personal relationships with commercial customers. Employee teams home-baked cookies to thank business banking clients. The sweets were one of a number of gifts delivered to customers; others included donuts and flowers.…
-
Meridian Bank’s Chris Annas ‘Unearths the Potential in the Businesses He Encounters,’ Earns HOF Induction
With more than 400 of the region’s top business and community leaders gathered together, the Chester County Economic Development Council inducted Meridian Bank CEO Chris Annas into the Chester County Hall of Fame. “I’ve worked with Chris almost my entire career in Chester County spanning 46 years, and I can tell you, firsthand, that he…
-
First Quarter Venture Capital Investment Growth in Phila. Area Highest Among Montco Metros
The Phila. region recorded the biggest first-quarter increase in venture capital investments among major metro areas in the country this year, writes Noah Zucker for Philly Voice. According to a new report from CB Insights, startup funding went up by 71 percent in the first three months of 2022. This more than doubles the 30…
-
Firstrust Bank CEO Richard L. Green Delivers Anti-Hate Message at ADL Event: ‘Be That Somebody’
The Anti-Defamation League (ADL) event that honored Firstrust Bank Board Chairman and CEO Richard L. Green became an opportunity for the corporate leader to decry society’s alarming rise in hate. Green’s comments came during his acceptance speech for the ADL’s Americanism Award. The Americanism Award recognizes individuals or companies in the financial services industry for…
-
Allentown Branch for Penn Community Bank Marks Its Lehigh Valley Expansion
Penn Community Bank is officially entering the Lehigh Valley market. The financial institution announced its newest branch and business center in Allentown. The 3090 Tilghman Street site is the bank’s first retail office outside Bucks and Montgomery Counties. It will support the organization’s existing commercial banking and lending presence. “As a proud Lehigh Valley native,…
-
Montgomery County Leadership: Roger Zacharia, CEO of Ambler Savings Bank
Roger Zacharia, the CEO of Ambler Savings Bank, spoke with MONTCO Today about growing up in Huntingdon Valley as the son of hard-working immigrants; playing baseball and becoming passionate about the strategy of the sport; and being drawn to the immensity of Penn State after graduating high school in a class of just 60 students.…
-
Amber Savings Bank Warning: A ‘Bank’ Request for Personal Info May Not Be Coming from a Bank
The Federal Trade Commission, in a February 2022 report, presented data that should cause U.S. consumers to sit up and take note: Fraud in 2021 reached a massive $5.8 billion, up 70 percent from the year prior. That loss resulted in 2.8 million U.S. consumers victimized by a scam. Thousands of these preyed-upon consumers respond…
-
Financing Your New Vacation Property
Finding the right vacation home in a location of choice, with all desired amenities, that fits the budget, with a proper timeline established to maximize the investment, whose offer has been accepted by the seller is cause for great celebration. The new owner is practically over the finish line, ready for some much-needed downtime. There’s…
-
Colonial School District Teacher One of Three Local Educators to Each Win $10,000 from Citadel Credit Union
George Hankins, a teacher at Colonial Middle School in the Colonial School District, was one of three local educators honored with the grand prize of the Citadel Heart of Learning Awards. Hankins, Deb Rooney of the Downingtown Area School District in Chester County, and Louis Lozzi of the Philadelphia School District each won a total…
-
A Souderton Financial Firm Plans Pittsburgh, Baltimore Markets Expansion, Unveils New Digital Product
Souderton-based Univest Financial is continuing to expand both westward and southward, this time focusing on the Pittsburgh and Baltimore markets, writes Jeff Blumenthal for the Philadelphia Business Journal. The company announced its expansion plans during the first-quarter earnings release on Wednesday. Univest also unveiled Univest Direct, a new banking initiative that aims to expand the…
-
Meridian Bank CEO Chris Annas to Be Inducted into Chester County Business Hall of Fame
Meridian Bank founder and CEO Chris Annas, who has served as a leader and positive force in the region for years, will be inducted into the Chester County Business Hall of Fame by the Chester County Economic Development Council at a celebration on Wednesday, May 18 at the Phoenixville Foundry. The Chester County Business Hall…
Founding Partners
Advertisement
Affiliate Partners
Community Partners
