Banking & Finance
-
Landing in Lansdale: Penn Community Bank Opens New Branch; Donates $25,000 in Grants
Penn Community Bank celebrated the opening of its Lansdale Branch and Business Center with a ribbon cutting and reception on Tuesday, Apr. 26. The event marked the bank’s expanded presence in the Montgomery County market, as well as the growing impact of its involvement in the community. The ceremony included $25,000 in grant funding being…
-
Citadel Credit Union to Honor These 31 Educators Making a Better Future for Us All on May 2
Citadel Credit Union will honor 31 of the finest educators from Bucks, Chester, Delaware, Montgomery, Lancaster, and Philadelphia counties with its Citadel Heart of Learning Award on Monday, May 2 from 6-9 PM at The Mann Center in Philadelphia. The Citadel Heart of Learning Award program, now in its 21st year, started in Chester County…
-
Firstrust Bank Puts Eagles Swag Up for Grabs in Promo Tied to Tomorrow’s Draft
Firstrust Bank is so eager for the 2022–2023 Philadelphia Eagles season that it’s stirring excitement around football’s earliest indication of its possible outcome: this week’s NFL Draft. The bank’s Top Pick Sweepstakes is a chance for fans to enter a series of bank-sponsored drawings for memorabilia that any Eagles fan would covet. Two prizes are…
-
Citadel Credit Union Appoints Michael Aileo as Chief Human Resource Officer
Citadel Credit Union has appointed Michael Aileo as Chief Human Resource Officer. Bringing more than 35 years of human resource experience, Aileo joins Citadel from The PFM Group in Philadelphia, where he served as Managing Director of Human Resources. Previously, he served as the Human Resource Director at PricewaterhouseCoopers for 20-plus years. At Citadel, Aileo…
-
Firstrust Bank Huddles with Philadelphia Eagles for High-School Business Proposal Competition
The competitors arrived ready to battle, an apt outlook considering their surroundings. Five teams of students were at Lincoln Financial Field, home of the Philadelphia Eagles, unfazed by the presence of media, conferring with coaches in the pre-game lull, shaking off nerves by reviewing their business proposal content. The contest they were gearing up for…
-
Just Like Buying a Home, Purchasing a Vacation Spot Is All About Timing
Vacations are a prime opportunity to ditch the phone alarms, toss aside the wristwatch, and pause all electronic reminders to enjoy some well-deserved downtime. A brief pause in clock-watching is a great refresher for the occasional respite from work and chores, but it can be a detriment to potential purchasers of a vacation home. In…
-
Center Valley’s DeSales Students Eager for Cryptocurrency Education
When preparing for a lecture on multinational accounting, a nagging feeling came over me. Part of the presentation included Venezuelan currency, and given its on-going economic turbulence, I thought I’d better go online and check the current state of affairs. As I suspected, I found that Venezuela had launched its own central bank digital currency…
-
Montgomery County Leadership: David Freeman, CEO of QNB Bank in Quakertown
David Freeman, the CEO of QNB Bank, spoke with MONTCO Today about growing up in Columbus, Ohio; getting married right out of high school and then completing his undergraduate work as a part-time student and full-time worker; and how he entered banking in 1975. Freeman also discussed what made him fall in love with the…
-
New Penn Community Bank Messaging — ‘Start Here. Grow Here. Stay Here’ — Highlights Its Long Game
Penn Community Bank has a new, multichannel marketing campaign that highlights its position as a trusted financial partner for individuals, families, and businesses at any life stage. “No matter where a customer is on life’s journey — just starting out, well on their way, or planning for the future — Penn Community Bank is right…
-
Feeling Spring Fever? Now’s a Great Time to Tap Into Your Home’s Equity
The past year has seen home values increase at a rapid pace, spurring stiff competition in the homebuying market. And while potential homebuyers continue their search amid these conditions, higher home values are proving beneficial for another group of people — homeowners with record high, tappable home equity who have no intention of moving. Increased…
-
WSFS Bank Study Finds Americans Are Confident About Achieving Their Financial Goals
Nearly three-quarters of Americans (72 percent) feel confident they will achieve their financial goals, according to a new WSFS Bank survey. However, two-in-five (39 percent) said they’re not confident they can keep pace with inflation’s impact on goods and services, and nearly a quarter (24 percent) say having poor credit prevents them from using financial…
-
Beach Bungalows or Ski Chalets, Penn Community Bank Can Help Keep Vacation Homebuyers from Getting Burnt or Snowed Under
As quickly as a Nor’easter can wreck a beach trip or a run of global-warmed spring air can melt the enthusiasm of a ski weekend, a vacation home ownership dream can quickly become a nightmare. With advice from Penn Community Bank, however, escapists seeking respite from their ordinary work-home-chores-sleep routines can slip away to a…
-
How to Keep Your Company and Yourself Safe from Fraud
Whether it’s a compromised email, ransomware, mail theft, or other criminal attempts, fraudulent schemes continue to trend upward and can cost businesses and consumers alike. Preventing fraud requires vigilance from every employee to protect your company’s finances and information. Here are some tips to help protect your business and yourself. Digital Fraud Scammers don’t discriminate…
-
Penn Community Bank Hires New Compliance Officer
Penn Community Bank has hired Connie M. Hooks as VP, BSA Officer. In her new role, Hooks will oversee the organization’s Bank Secrecy Act (BSA) compliance program. Hooks has been officially certified for her work in anti-money laundering and BSA responsibilities. She comes to Perkasie from a former bank position in Harrisburg. As BSA Officer,…
-
King of Prussia-based FinPay Closes $15M Capital Raise, Plans to Use Funds to Once Again Double Revenue
FinPay Holdings, the King of Prussia fintech, has closed its $15 million capital raise and is planning to use the funds to double revenue once again this year, writes Jeff Blumenthal for the Philadelphia Business Journal. FinPay offers specialized medical providers patient engagement and financial management software. The financing round was led by PeakSpan Capital,…
-
Franklin Mint/Wawa Employee Credit Union Merger Gets Final OK in Montgomery County
A planned merger of Chadds Ford-based Franklin Mint Federal Credit Union (FMFCU) and the Wawa Employees’ Credit Union (WECU) has been greenlighted, writes Jeff Blumenthal for Philadelphia Business Journal. The deal will close June 2. FMFCU is the sixth-largest credit union in the Philadelphia region. It has $1.6 billion in assets, 125,000 members, and 15…
-
Top Tips for Buying Your Dream Vacation Property
Each year, when winter and summer seasons eventually fade, vacationers to the Pocono Mountains or the Jersey Shore respectively pack their belongings, head home, and count the days before a return trip. But often a question blossoms among departing renters: Since we love it here so much, should we consider a second-home purchase instead of…
-
Federal Reserve Bank of Philadelphia Appoints Meridian Bank CEO to Its Advisory Council
The Federal Reserve Bank of Philadelphia has appointed Meridian Bank CEO Chris Annas to a three-year term on its Community Depository Institutions Advisory Council (CDIAC). The 12-member council is composed of representatives from commercial banks, thrift institutions, and credit unions. The group convenes twice a year with officials from the Federal Reserve Bank of Philadelphia…






















![ForAll_Digital-Ad_Malaika_376x628[44]](https://montco.today/wp-content/uploads/sites/2/2022/06/ForAll_Digital-Ad_Malaika_376x62844.jpg)


























