Banking & Finance
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Malvern-Based First Priority Bank Reports Dramatic Increases in First-Quarter Results
The Malvern-based First Priority Financial Corp. has reported net income for the first quarter of 2017 totaling $782,000 or $0.11 per basic and fully diluted share, a 47 percent increase compared to $531,000 or $0.05 per basic and fully diluted share in the first quarter of 2016. It also reports a six percent increase compared…
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MONTCO Today, Ardent Credit Union Donates Cooler to Norristown’s Sweet Fields
Ardent Credit Union recently celebrated the grand opening of its Oaks location on 110 Black Rock Road with family festivities. Included in the fun was a raffle for a YETI cooler, won by MONTCO Today publisher and editor Ken Knickerbocker. But it didn’t remain in his hands very long. The owner of American Community Journals…
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Montgomery County Careers – SEI Investments
Headquartered in Oaks, SEI Investments is a financial-services company and global provider of investment processing, investment management, and investment operations solutions. Business Readiness Professional This position ensures that all business readiness project work is completed according to high standards, recommends improvements to standards, and serves as subject matter expert for operational and front office workflows/procedures development.…
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King of Prussia’s CardConnect Acquires Sales Firm MertzCo
King of Prussia’s fintech company CardConnect has acquired the sales firm MertzCo for an undisclosed amount, writes Roberto Torres for Technical.ly. CardConnect will keep all thirteen full-time employees of MertzCo including CEO Michael Mertz at their Chicago location. As part of the deal, Mertz joins the fintech company’s senior exec team as Chief Sales Officer.…
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Bryn Mawr Bank Expanding Its Operations to Princeton
Bryn Mawr Bank is expanding its operations into Princeton, New Jersey, with the opening of a wealth management office there, writes Jeff Blumenthal for Philadelphia Business Journal. The move comes after the bank brought in four executives from PNC Wealth Management and coincides with its planned acquisition of Royal Bancshares for $128 million. Bryn Mawr…
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Malvern Federal Promotes William J. Boylan to EVP, Chief Lending Officer
Malvern Bancorp, the parent company of Paoli-based Malvern Federal Savings Bank, has promoted William J. Boylan to Executive Vice President and Chief Lending Officer. Boylan, who joined Malvern in August 2015, heads up the bank’s operations in New Jersey, and oversees all aspects of Malvern’s lending business in Pennsylvania and New Jersey. [uam_ad id=”51712″] Advertisement…
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Ardent Credit Union Schedules Financial Wellness Workshops
Ardent Credit Union has several no-cost financial wellness workshops at their new Oaks branch scheduled this spring. Click here to learn more or sign up for one of the above sessions. [uam_ad id=”51711″]
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Montgomery County Careers – GMH Mortgage Services
Based in Conshohocken, GMH Mortgage Services is a direct-lending company supplying Retail, Wholesale, Direct, and Specialty Product loan options with a hands-on approach that produces outstanding results for clients and partners. Mortgage Loan Processor This position gathers and inputs loan information for processing and underwriting, ensures that all loan documentation is complete, accurate, verified, and compliant with…
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Montgomery County Careers – CardConnect
Located in King of Prussia, CardConnect is a rapidly-growing payments technology company that provides solutions for companies accepting bank card transactions, storing sensitive data and seeking to push the boundaries of innovation. Merchant Solutions Representative This position fields phone calls, emails, and requests from clients sales partners, and internal departments, identifies issues and potential solutions, and collaborates…
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Malvern Federal Savings Bank’s Insurance Subsidiary Offers an Asset to Your Portfolio
In order to continue to meet the evolving needs of its clients, the Paoli-based Malvern Federal Savings Bank has reintroduced its insurance subsidiary, Malvern Insurance Associates. Malvern Insurance Associates, with its customer-focused and highly personalized service, is offering clients a necessary product, considering how insurance serves as an asset in one’s financial portfolio. Malvern Federal…
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New Name Better Reflects Harleysville Bank
Harleysville Savings Bank can finally bank on a name change that won’t cause widespread confusion. The six-location Montgomery County financial institution will officially shorten its name to Harleysville Bank in May, according to a Philadelphia Business Journal report by Jeff Blumenthal. It waited for years to see that opportunity open up, in large part to…
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Celebrate Ardent Credit Union’s Oaks Grand Opening This Saturday
Celebrate Ardent Credit Union’s Oaks Grand Opening this Saturday at 110 Black Rock Road in Oaks.
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Is A Credit Union Right For You?
By Cynthia Minuti, Chief Experience Office, Ardent Credit Union Since leaving the banking industry and moving to Ardent Credit Union, I’m frequently asked, “What’s the difference between a bank and a credit union?” The short answer is, everything! For starters, credit unions (CUs) are not-for-profit organizations that exist to serve their members. Like banks, credit…
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First Priority Bank Appoints New SVP, Eyes Expanded Footprint
First Priority Bank, headquartered in Malvern, has appointed Laura J. Melfi as Senior Vice President and Director of Cash Management. In her new position, Melfi will be responsible for the leading the bank’s cash management efforts with a specific focus on the expansion of its existing business relationships, along with establishing new relationships in Chester…
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Huntingdon Valley Bank’s IPO Raises $20 Million
Huntingdon Valley Bank has raised $20 million in additional capital during its highly successful initial public offering that has transformed it into a publicly traded institution, writes Jeff Blumenthal for Philadelphia Business Journal. The Huntingdon Valley Bank, which now trades on the Nasdaq Stock Market under the ticker “HVBC,” entered the market at $10 per…
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Philanthropy the Theme at TruMark Financial Credit Union’s Annual Meeting
Employees of TruMark Financial Credit Union from Fort Washington received a lesson in philanthropy in addition to the credit union’s 2017 strategic plan during its annual meeting on February 7 at the Radisson Hotel in Valley Forge. TruMark Financial partnered with Odyssey Teams and The Helping Hand Project to provide employees with a “give back…
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Malvern Federal’s New Logo, Tagline Respects Past, Points to the Future
The Paoli-based Malvern Federal Savings Bank has announced plans to introduce an updated brand identity, including a new company logo and tagline, as part of a general expansion in 2017. As part of this initiative, Malvern Federal will re-introduce its brand in advertising, marketing materials, and branch signage, as well as on its website and…
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Harleysville Savings Financial Corporation Posts Positive First Fiscal Quarter Results
Harleysville Savings Financial Corporation has had a good first fiscal quarter, posting an increase of 4.76 percent in its regular quarterly cash dividend to $0.22 per share. HSFC, which is the holding company for Harleysville Savings Bank, reported income for the quarter ended December 31 of $1,374,000 or $0.36 per diluted share. This is a…
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