Banking & Finance
-
Horsham-based Finance of America Mortgage Adding 1,000 Brokers to Network with Latest Acquisition
Horsham-based Finance of America Mortgage is adding more than 1,000 brokers to its network with the $40 million acquisition of Parkside Lending‘s third-party origination channel, writes Jeff Blumenthal for the Philadelphia Business Journal. The deal creates little customer overlap to FAM’s third-party origination coverage and puts the mortgage lender on the road to becoming one…
-
As It ‘Transitions into an Exciting Future,’ C&N Announces Changes to Board of Directors
C&N, a community bank with full-service offices in nine counties in Pennsylvania, including Chester and Bucks counties, has announced changes to its Board of Directors. The Board has appointed Terry L. Lehman as Chairman. Effective May 1, Lehman will succeed Leo F. Lambert, who has served in that role since being appointed in 2014. Lambert,…
-
Bucks County Lawmakers to Mayor Kenney: Hands off Our Constituents’ Wallets
Bucks County residents with Philadelphia-based jobs that were shifted to work-from-home by COVID-19 can get their city wage tax contributions reimbursed. But Bucks County state lawmakers call for a simpler process, reports Peter Blanchard in the Newtown Patch. Remote employees who logged hours in Bucks County rather than their usual Philadelphia places of work are entitled to have the 3.5 percent city wage tax waived. But doing so…
-
C&N Appoints 41-Year Veteran of the Financial Industry to Executive Leadership Team
C&N recently announced strategic organizational changes to align with its value-based, relationship model and to pursue continued growth in a fast-changing marketplace. At that time, Blair T. Rush was appointed to the Executive Leadership Team as Executive Vice President/Region President for the company’s Southeast region, covering all of southeastern Pennsylvania. “Blair has played a critical…
-
PA’s Online Unemployment Compensation System — Often Fraught with Frustration — Is Getting a Reboot
As if being out of work isn’t bad enough, the Pennsylvania Department of Labor & Industry’s online system for filing/managing claims is often difficult for filers to navigate, unsteady in its performance and outmoded in its layout. That’s all about to change on June 8, with the launch of a new unemployment compensation system, writes Tom Lehman for WGAL News 8. The improved system…
-
Join Owner of Creative Capital Wealth Mgmt Group in Two Webinars at Accredited Investors Virtual Expo
Frederick Hubler, owner and president of Phoenixville-based Creative Capital Wealth Management Group, will share investment strategies and discuss financial advice firms during two webinars hosted by MONEYSHOW’s Accredited Investors Virtual Expo. Hubler is an accomplished entrepreneur with a decades-long successful career in financial services and technology. He also serves as the president of Retainer-Based Academy,…
-
C&N Grows Its Presence in Southeastern Pennsylvania as a Community Bank That Offers World-Class Services
“C&N is the only bank I need.” It’s a vision shared by C&N team members and speaks to the aspirational sentiment they strive to hear from their customers. Formerly known as Citizens & Northern Bank, C&N is based in Wellsboro, in Tioga County, and has a long, proud history that dates back to 1864. Throughout…
-
Meridian Bank Adds Veteran of Finance, Wealth Management as Vice President of Business Development
Malvern resident Hank Oberly has joined Meridian Bank as Vice President of Business Development. In this new role, Oberly will be responsible for new business development and market growth in Pennsylvania, New Jersey, and Delaware. A graduate of Denison University in Ohio, Oberly has worked in finance and wealth management in the Philadelphia region for…
-
Bryn Mawr Trust to Merge with WSFS Bank, Solidify Its Preeminent Position in the Region
Bryn Mawr Trust has announced it will merge with WSFS Bank in a transaction valued at approximately $976.4 million. The combination of two of the high-performing, locally based financial services companies solidifies their preeminent position in the Greater Philadelphia region. With nearly $20 billion in assets and an approximately $43 billion Wealth Management business as…
-
Industry-Leading Traffic Signals Company Gets a Green Light from Meridian Bank
When a company in Reading needed working capital to sustain its fast-growing business, Meridian Bank restructured its financing. Since then, the company has become a world leader in its industry, and its president was able to achieve his goal of owning the business. If you’ve ever driven through a construction zone guided by a portable…
-
Bucks County Bank Set to Raise Over $100M in Offering to Take it Fully Public, Fuel Growth
William Penn Bank, headquartered in Bristol, expects to raise $126.5 million from its second-step conversion from a mutual holding company to a fully public stock holding company, reports Jeff Blumenthal in the Philadelphia Business Journal. The redefinition of its structure will create a new holding company: William Penn Bancorp. CEO Ken Stephon said half the raised capital raised will be allotted the holding company and half to the bank, to fund…
-
C&N Announces Strategic Changes to Pursue Continued Growth and ‘Optimize Organization for the Future’
C&N – an independent, community bank with locations in New York and Pennsylvania, including in Paoli, Newtown, and Doylestown – has announced strategic organizational changes that will allow it to pursue continued growth in a fast-changing marketplace. “C&N has been on a multi-year journey to optimize our organization for the future,” said Brad Scovill, C&N’s…
-
Fueled By Rapid Growth, Bristol-based William Penn Bank Plans to Convert Into Fully Public Stock Holding Company
Fueled by its rapid growth in the past two years, Bristol-based William Penn Bancorp is planning to convert from a mutual holding company into a fully public stock holding company, writes Jeff Blumenthal for the Philadelphia Business Journal. “We have done three mergers since 2018 and grown from three branches to 12 and about $300…
-
Personalized Service and Relationships with Customers Are What Sets Huntingdon Valley Bank Apart From Others
When one thinks of banking and mortgages, one might think—this is going to be another chore. Not so with Huntingdon Valley Bank. Stepping inside their doors will actually bring you a sense of relief, of calm, and of joy. In the 150 years that Huntingdon Valley Bank has existed, they have served thousands of customers…
-
Penn Community Bank General Counsel Stephanie M. Schwartzberg Honored by YWCA of Bucks County
Penn Community Bank is pleased to announce that Stephanie M. Schwartzberg, Esq., Executive Vice President and General Counsel, has been recognized by the YWCA of Bucks County for her work on women’s empowerment in the region. The honor, part of the Salute to Women Who Make a Difference awards program, specifically celebrates Schwartzberg’s mentorship of…
-
Paoli’s Covenant Bank Completes Merger with Wellsboro-Based Citizens & Northern Bank
Covenant Financial, which is headquartered in Doylestown and has a branch in Paoli, completed its merger with Wellsboro-based Citizens & Northern Corporation on July 1. The two parties previously announced the execution of an agreement and plan of merger on Dec. 18, 2019. Under the agreement, Covenant merged with and into C&N, and Covenant’s bank…
-
Covenant Bank Donates $30,000 to Bucks County Nonprofit
Covenant Bank has donated $30,000 to Libertae under the Educational Improvement Tax Credit (EITC) Program. Located in Bensalem, Libertae is a treatment program dedicated to treating and supporting women with substance abuse disorders. It operates a full-service, on-site daycare where children can play and learn while their mothers are in treatment. The EITC funds allow…
-
Huntingdon Valley Bank Looking to Relocate Its Headquarters to Bucks County
Huntingdon Valley Bank is looking to relocate its headquarters from its Montgomery County home to Doylestown, the county seat for Bucks County, writes Jeff Blumenthal for the Philadelphia Business Journal. According to Huntingdon Valley Bank Chief Lending Officer Hugh Connelly, the bank decided to relocate its nexus into a more hopping business community as it…
Founding Partners
Advertisement
Affiliate Partners
