Banking & Finance
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Bucks County’s Newest Millionaires — Perhaps Understandably — Prefer to Remain Anonymous
At the request of the five winners of the May 21 Mega Millions lottery, the only public knowledge about the lucky ticket purchasers is this: They bought what became a very valuable slip of paper at a Levittown 7-11. The winners have stepped forward through a trust, eager to claim their prize but hold onto…
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FBI Investigators: Pennsylvania’s Legend of Buried Civil War Treasure May Well Be a Tale of Fool’s Gold
An alleged cache of Civil War gold buried somewhere in Pennsylvania may lead to a serious case of gold fever. But its location remains unknown, even after an FBI search, writes Jason Nark for The Philadelphia Inquirer. In March 2018, the Philadelphia FBI spent several days digging for gold in Dents Run, located in Elk…
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Help Fund Local Nonprofits with Penn Community Bank Social Media Contest
Penn Community Bank, the largest mutual bank in eastern Pennsylvania, is pleased to announce “Click for a Cause,” a social media and online community giving contest that invites the public to vote for nonprofits to receive donations from the bank. Three nonprofits will participate in the contest: Bucks County SPCA, Livengrin Foundation, and NOVA (Network…
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Local Business Leaders Join C&N in Fight Against Hunger
C&N is recognizing local businesses for their support of its Giving Back, Giving Together (GBGT) program, which aids food banks located near C&N’s headquarters in Wellsboro. Each year, through its GBGT program, C&N partners with local organizations to support different causes. Recently, GBGT turned its focus to fighting hunger. Millions of people now face financial…
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As the Top SBA Lender in Eastern PA, Meridian Bank Grows the Economic Vitality of the Markets It Serves
Meridian Bank has been recognized as the leading SBA lender in eastern Pennsylvania by total dollars lent, having dispersed $28.18 million in SBA 7a loans through the first half of the SBA fiscal year (Oct. 1, 2020 through May 31, 2021). The U.S. Small Business Administration’s Eastern Pennsylvania District Office recently released the list of…
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Bucks County Is Supplying a Resource That Every Small Business Can Use: Start-up Funding
Bucks County is offering a tangible leg-up to startup businesses. Best of all, the only requirement for being considered for it is to ask, as noted in a recent item in Bucks Local News. Under its Bucks Built program, the county is offering five $25,000 investments in fledgling businesses. The capital injections are funded by the county itself.…
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Bucks County Leadership: Blair Rush, Southeast Region President at C&N
Blair Rush, Southeast Region President at C&N, spoke with BUCKSCO Today about spending his entire life in Bucks County; his memories playing baseball and how the sport helped him become a leader; how being diagnosed with diabetes as a teenager changed his life; and beginning his banking career right out of high school and then…
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Credit Union Union: Warminster’s Viriva Merges with American Heritage
The joining of Viriva Community Credit Union with American Heritage Credit Union nests the nearly century old Warminster institution solidly within a larger counterpart, reports Jeff Blumenthal of the Philadelphia Business Journal. Viriva brings to the partnership about $83 million in assets, $33 million in loans, three branches, 8,100 members, and 25 employees. American Heritage, of Northeast Philadelphia, is the third largest credit union in the region…
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C&N’s New Chief Info Officer to Accelerate Bank’s Digital Transformation, While Retaining Focus on Relationships
Alexander Balagour has been named C&N’s Executive Vice President and Chief Information Officer. As CIO, Balagour will focus on identifying and executing technology initiatives that will accelerate the digital transformation of the organization, while retaining its strong commitment to a relationship-focused business model. He joins C&N with more than 20 years of experience as an…
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TruMark Financial Credit Union Rewards High School Seniors for Being Money Management Savvy
Answer: TruMark Financial Credit Union’s 2021 Financial Jeopardy Competition. Question: What annual event, held virtually this year, put $11,000 in scholarship funds into the pockets of area students heading to college? Eight local students participated in the Jeopardy-style game show organized and hosted by TruMark Financial. The initiative, aimed at instilling financial literacy in high…
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Penn Community Bank Celebrates Branch Renovation with Acts of Service Throughout Perkasie
As the finale to a two-month renovation of its Perkasie – Market St. Branch, Penn Community Bank held a ribbon-cutting ceremony on Monday, May 24. But before the shears and the photographs, team members rolled up their sleeves and brought the bank’s community-first brand and mission to life. Starting with a wave of “Community Acts of Kindness,”…
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C&N Joins Nationwide Effort to Help Older Customers, Their Financial Caregivers Protect Themselves
C&N is partnering with the American Bankers Association Foundation’s Safe Banking for Seniors campaign in a nationwide effort to help older customers and their financial caregivers understand the risks of fraud and financial abuse and how to protect themselves and their loved ones. C&N is sharing tips to help eliminate the almost $2.9 billion that…
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Meridian Bank’s Chris Godshall Named to Bucks County Economic Development Corporation’s Board
Chris Godshall, Senior Vice President of Commercial Lending at Meridian Bank, has been named to the Bucks County Economic Development Corporation’s Board of Directors. The BCEDC is a nonprofit established in 1958 to support economic growth in Bucks County. Having joined Meridian in 2004, Godshall is the bank’s regional team leader in Bucks and Montgomery…
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C&N Offers Tips to Help Eliminate the $2.9 Billion Older Americans Lose Each Year to Fraud
C&N is partnering with the ABA (American Bankers Association) Foundation’s Safe Banking for Seniors campaign in a nationwide effort to help older customers and their financial caregivers understand the current scams and how to protect themselves and their loved ones. Throughout May, which is Older Americans Month, C&N will share articles and tips to help…
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When a Local Auto Body Business Hit Rough Waters, Meridian Bank Rolled Up Its Sleeves to Help
Most people think of the business slowdowns related to COVID-19 in terms of the travel, retail, real estate, and food service industries. It doesn’t leap to mind that an auto body repair shop would also suffer. But that’s exactly what happened to Tom Bemiller, owner-operator of Ed’s Auto Body, part of The Aureus Group, located…
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Eagle-Turned-Entrepreneur Brent Celek on Meridian Bank: ‘The Business Culture Is Amazing’
As a tight end for the Philadelphia Eagles, Brent Celek’s on-field role shifted constantly: blocker, runner receiver. That skill — quick decisions/quick executions — served his sports career well. It didn’t hurt his business career, either. Celek spoke of his post-football real estate business at an Entrepreneurs’ Forum of Greater Philadelphia event. Meridian Bank sponsored.…
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C&N Partners with the ABA to Deliver Safe Banking for Seniors
C&N is partnering with the ABA (American Bankers Association) Foundation’s Safe Banking for Seniors campaign in a nationwide effort to help older customers and their financial caregivers understand the risks of fraud and financial abuse and how to protect themselves and their loved ones. Financial abuse against older Americans can take many forms, from illegal…
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C&N Donates $800,000 to Benefit Local Education
C&N understands the importance of investing in local education, having donated $800,000 under the Educational Improvement Tax Credit Program (EITC). Education is key to a strong and prosperous community. However, there are many budgetary roadblocks preventing children from receiving the level of education they deserve. C&N is committed to closing this gap by supporting local…
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