Banking & Finance
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Financial Empowerment Takes Center Stage at Grundy Library with State and Local Support
Staff, leadership, and stakeholders of the Margaret R. Grundy Memorial Library welcomed Auditor General Timothy L. DeFoor during his “Be Money $mart” tour on Jul. 15, where he underscored the importance of public libraries and the invaluable free resources they provide to community members. With a special focus on financial literacy during the day’s event,…
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6 Home Improvements to Cool Your Home and Cut Your Energy Bills
As temperatures soar and summer settles in, you may be wondering how you can cool your home for less. By implementing strategic home improvements, you can reduce your reliance on air conditioning. Here are some smart upgrades and tips to enhance the cooling efficiency of your home. Make Sure Your Home Is Well-Insulated Proper insulation…
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First Commonwealth Bank Closes Branch in Doylestown Amid Exit from Philadelphia Market
Doylestown is saying goodbye to First Commonwealth Bank as the Pittsburgh-based bank exits the Philadelphia market, writes Jeff Blumenthal for the Philadelphia Business Journal. The branch was acquired in February 2023 through the acquisition of Harrisburg-based Centric Financial Corp. Centric had opened the Doylestown location in 2015 and the Devon branch in 2019 as…
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3 Ways to Utilize a Reverse Mortgage to Strengthen Your Financial Situation
Reverse mortgages can often be a misunderstood financial option for many consumers. One of the many reasons: since you must be 62 to obtain a reverse mortgage, consumers don’t get as much experience early on in their financial journeys as they would with credit cards or student loans. Driving this point home, a recent WSFS…
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Penn Community Bank Welcomes New Commercial Banking Team Leader Zac Collins
Zac Collins has joined Penn Community Bank as SVP – Commercial Banking Team Leader, bringing his 30 years of industry experience to further the Bank’s mission of delivering solutions that genuinely serve the best interests of individual and commercial customers. In his new role, Collins will lead a team focused on Commercial and Industrial (C&I) Banking…
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Budgeting for Homeownership: Additional Costs Beyond the Down Payment
Congratulations! You’ve found the perfect house and are ready to make an offer. But before you place that bid, there are some additional expenses to consider that go beyond the down payment. To ensure a smooth transition into your new home and avoid any financial surprises, let’s explore some other expenses to factor into your…
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Firstrust Bank Sponsors Southampton Days 4th of July Parade
Firstrust Bank, a family-owned financial institution with a 90-year legacy of fostering trust and stability through generations, is once again sponsoring the Southampton Days 4th of July Parade in Bucks County. Beginning at 9:30 AM, the parade will form at Jaymor Road in Southampton and proceed north on Second Streek Pike, before ending at Klingler…
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Should You Wait for Rates to Come Down Before Buying a Home?
If you’ve been wondering whether you should wait for mortgage rates to come down before you buy a house, you’re not alone. High rates and home prices have made many prospective buyers decide to sit out of the housing market. Over the past few years, we’ve seen mortgage rates climb from as low as three percent…
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TD Bank’s Bensalem Location Among 20 Branches Closing in 2024
TD Bank plans to close 20 more branches, including one in Bucks County, as part of a broader strategy to build the “bank of the future,” writes Jeff Blumenthal for the Philadelphia Business Journal. The closures, filed with the Office of the Comptroller of the Currency, bring TD’s total closures this year to 53, following…
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Meridian Bank Supported Paoli Hospital Foundation as the Title Sponsor of the 2024 Golf Classic
Meridian Bank supported the Paoli Hospital Foundation as the Title Sponsor for the 2024 Paoli Hospital Golf Classic. The event took place on May 16 at Applebrook Golf Club (100 Line Road, Malvern) with a full course of golfers and sold-out sponsorships. Proceeds from the Golf Classic benefitted the Paoli Hospital Inpatient Room Expansion —…
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Penn Community Bank Grant Supports Bucks County Housing Group Food Program
Penn Community Bank, the largest mutual bank in eastern Pennsylvania, has partnered with the Bucks County Housing Group (BCHG) to help provide critically needed items to area food pantries. The $5,000 contribution will support the ability to purchase both fresh and non-perishable food for the organization’s Food Program, including two community food pantries and two mobile…
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Philadelphia Mayor Taps into Entrepreneurial Wisdom of Firstrust Bank’s Richard J. Green
Philadelphia Mayor Cherelle Parker recently launched a new business-roundtable initiative that leverages the expertise and influence of prominent local leaders in order to capture the voice of the business community and ultimately improve the ease of doing business in Philadelphia. There are nine different sector roundtables, each focused on some industry or aspect of doing…
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Like Its Banking Partner, Kieffer’s Appliances in Lansdale Captures Spirit of Family-Run Businesses
Under the stewardship of four generations of the Kieffer family, Kieffer’s Appliances in Lansdale has been serving residents of the Delaware Valley for more than a century and captures well the spirit of family-run enterprises. Sunday, June 23, was National Family Owned & Operated Business Day, a time to recognize and promote the contributions of…
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C&N Teams Raise More Than $98,000 for Local Senior Citizens
As a community-oriented financial services institution, C&N teammates raised more than $98,000 in 2023 through the bank’s Giving Back, Giving Together program to support local senior organizations. In addition to monetary donations, teammates collected 3,022 essential items and volunteered 166 hours at senior centers. C&N partnered with these organizations that support seniors, helping to ensure…
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Nearly 1,500 WSFS Associates Volunteer Across the Region for ‘We Stand for Service Day’
Nearly 1,500 WSFS Bank associates volunteered at more than 130 community organizations across the region on June 12 as part of the bank’s second annual “We Stand for Service Day.” The company-wide day of giving back through volunteerism saw these associates band together to volunteer more than 5,000 hours and make an impact at organizations…
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In Honor of Pride Month, Citadel Credit Union Offers List of Resources for LGBTQ Business Professionals/Entrepreneurs
In today’s increasingly diverse workforce, members of the LGBTQ community hold more leadership positions than ever before and LGBTQ entrepreneurs play a vital role in driving innovation and economic growth. However, members of the LGBTQ community can face unique challenges on their journey to success. Fortunately, there are a variety of resources available to assist…
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Firstrust Bank Releases New SAFE 1NK Pens to Help Customers Avoid Falling Victim to Check Fraud
Newly released Federal Trade Commission data show consumers reported losing more than $10 billion to fraud in 2023, marking a 14 percent increase over reported losses in 2022. Fraud, simply put, is surging across the country, leaving massive financial losses and headaches for individuals and businesses in its wake. Check fraud, one of the more…
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Unlocking the Digital Vault: A Guide to Digital Estate Planning for Small Business Owners
In the digital age, our lives and businesses are intricately woven into the fabric of the online world. From financial transactions to client communications, much of our business activity now takes place in the digital realm. Yet, many small business owners overlook a crucial aspect of estate planning: the digital estate. Anne Rhodes, Chief Legal…
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