Banking & Finance
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Lincoln Financial in Radnor Welcomes Ellen Cooper, Its First Female CEO
Ellen Cooper is the new CEO of Lincoln Financial Group, Radnor. She is its first female CEO, making her one of just 44 women leading a Fortune 500 company, writes Jeff Blumenthal for the Philadelphia Business Journal. Cooper succeeds Dennis Glass, who was CEO for 15 years. She was also vaulted to the board of…
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Penn Community Bank Receives National Recognition for Safe, Affordable Checking Account
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.…
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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…
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Seven Bucks 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 event — one of the region’s most renowned — granted $180,000 in total to 29 students. Seven of them live in…
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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…
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First Quarter Venture Capital Investment Growth in Phila. Area Highest Among U.S. 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…
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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…
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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.…
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Firstrust Bank CEO Richard J. 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…
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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,…
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Wah Gwan Spice Company to Purchasers: Cash, Credit, or Crypto?
In addition to the tried-and-true payment options of cash or credit, Wah Gwan — the New Hope provider of zesty spice combinations — is now accepting cryptocurrency. Marilyn Johnson twisted the cap off the details at NewsBreak. “Wah Gwan has always considered itself a modern and elevated company,” said co-owner-operator Marcus Davis (a role shared…
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Of All the Teeth That Take a Bite Out of Your Paycheck, Bucks County’s Hurt Much Less Than Elsewhere
Bucks County ranks among the most paycheck friendly places in Pa., according to a recently released report by SmartAsset. To determine the paycheck friendliness of each county in the state, SmartAsset used four main metrics: Semi-monthly paycheck Purchasing power Unemployment rate Income growth Bucks County came second in the state, with an overall paycheck friendliness…
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Bucks County Leadership: Roger Zacharia, CEO of Ambler Savings Bank
Roger Zacharia, the CEO of Ambler Savings Bank, spoke with BUCKSCO 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.…
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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…
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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…
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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…
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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…
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Firstrust Bank Puts Eagles Swag Up for Grabs in Promo Tied to Tonight’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…
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