Business
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TruMark Financial Credit Union Supports One House at a Time with Donations, Volunteerism
As part of its ongoing commitment to community involvement, TruMark Financial Credit Union recently supported One House at a Time (OHAAT) with donations, financial assistance, and hands-on volunteer efforts. TruMark Financial team members collected several boxes of stuffed animals, toothbrushes, bed sheets, comforters, and books at the credit union’s headquarters in Fort Washington and delivered…
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Planning Perspectives: Inside the New Bryn Mawr Trust Podcast
Strategically planning out your financial future can be tricky. While there’s science behind the numbers of analytics, there’s also personal factors to consider. The Planning Perspectives Podcast serves to demystify financial planning by blending technical advice with the human element of decision-making. Hosted by Jamie Hopkins and Kate Duffy of Bryn Mawr Trust, a division…
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Chase Bank to Open Seven New Branches Across Region, Including Two in Chester County
Chase Bank will open seven new branches across the Philadelphia region over the next three months, with two located in Chester County, writes Jeff Blumenthal for the Philadelphia Business Journal. The bank has already opened three retail branches in the area earlier this year, bringing the total number of new openings to ten and the…
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Mid Penn Bank Hires Abe Ibrahim as Regional President of Central Philadelphia Region
Abe Ibrahim has joined Mid Penn Bank as First Senior Vice President and Regional President of the Central Philadelphia region. In this role, he will lead the bank’s growth and expansion throughout the Greater Philadelphia market. He will be based in Philadelphia and report to Scott Micklewright, President of Commercial and Consumer Banking and Chief…
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More Than 1,600 WSFS Associates Volunteer Across the Region for We Stand for Service Day
More than 1,600 WSFS Bank associates recently volunteered at more than 130 community organizations across the region as part of the bank’s third annual We Stand for Service Day. Associates volunteered more than 5,500 hours across the bank’s footprint in Delaware, Pennsylvania, and New Jersey during the company-wide day of giving back through volunteerism. “At…
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Bucks County Landowners Benefit from State Farm Tax Break Program
Over 5,000 property owners in Bucks County pay reduced taxes to towns and school districts under the state Clean and Green program, writes Jess Rohan for the Bucks County Courier Times. Part of the program specifically targets farms, which are properties usually larger than ten acres that produce agricultural commodities. Almost 70,000 acres across the…
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Credit Confessions: True Stories of Debt, Regret, and Second Chances
Credit can feel overwhelming with countless card options, tricky jargon, and plenty of room for missteps. The truth is, almost everyone makes mistakes along the way, including us. That’s why, for October, Get Smart About Credit Month, we’re sharing “Credit Confessions” — real stories from C&N teammates about early credit mishaps and the lessons we’ve…
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Quakertown-Based QNB Corp. Pays $41M for Montgomery County Bank
Quakertown-based QNB Corp., the parent company of QNB Bank, has agreed to pay nearly $41 million to complete the acquisition of Limerick’s The Victory Bank, writes Jeff Blumenthal for the Philadelphia Business Journal. The all-stock transaction will expand QNB’s presence in Montgomery County and extend it into Berks County, creating a bank that will have…
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Newtown Bank Partners with Comcast to Deliver Reliable Connectivity Across its Branches
The First National Bank & Trust Company of Newtown has expanded its partnership with Comcast Business to deliver reliable connectivity across all of its branches. Comcast Business technology, featuring Ethernet Network Services and Dedicated Internet, connects all eleven branches to the main office. It facilitates real-time communication, encrypted transactions, and rapid data transfers supporting modern…
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Mid Penn Bank to Acquire 1st Colonial Community Bank, Further Expand Presence in Philadelphia Area
Mid Penn Bank plans to acquire Mount Laurel, N.J.-based 1st Colonial Community Bank for $101 million in a cash and stock deal, marking its second local bank acquisition in under a year. The transaction is expected to close in the first or second quarter of next year and will further expand Mid Penn’s presence in…
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Mid Penn Bank Hires Brian Floyd as Employee Benefits Producer
Brian Floyd has joined MPB Insurance and Risk Management as Vice President and Employee Benefits Producer. In this role, Floyd will provide insurance clients with customized employee benefits solutions and will be based in Harrisburg at Mid Penn Bank’s administrative office, reporting to Matt Snavely, Managing Director of MPB Insurance and Risk Management. Floyd brings…
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Newtown-Based Helius Medical Technologies Sees Stock Price Triple
Newtown-based Helius Medical Technologies saw its stock value more than triple in seven days after announcing its entry into the cryptocurrency space, writes John George for the Philadelphia Business Journal. The neurotech developer ended last week at $7.56 per share and more than doubled to $18.27 per share last Monday after revealing its $507.8 million…
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The Tradeoffs of Passing Rising Costs to Customers Amid Tariffs
As talks of tariffs turn into increased prices for consumers, many U.S. businesses are experiencing declining profit margins. Business owners are now weighing the pros and cons of passing these costs along to the consumer versus absorbing the hit to their bottom line. Before raising the cost outright, some businesses are choosing to eliminate perks like free shipping to…
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Outdated Property Records May Be Costing Bucks County Homeowners
Some local homeowners could be paying too much property tax due to Bucks County’s decades-old tax records, which experts say are overdue for reassessment, writes Jess Rohan for the Bucks County Courier Times. Bucks County has relied on property data from its last countywide reassessment in 1972 to calculate taxes. This is longer than any…
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Three Types of Scams Every Growing Business Should Watch For
Growing your business requires dedication, strategy, and smart financial management. Unfortunately, it can also make you a target for sophisticated scams. Fraudsters are not only looking to target your personal finances but also your employees’ and customers’ financial information. According to the Better Business Bureau, more than 60 percent of businesses dealt with scammers in 2024. Popular scams included…
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Is Now the Time to Consider Alternative Investments in Your Portfolio?
Most people are familiar with traditional investments, such as stocks and bonds; however, alternative investments may be foreign to many investors. Although alternative investments can be traced back to the 1800s, they gained notoriety in the 1980s to protect assets from market volatility. What Are Alternative Investments? An alternative investment (also known as Alts) is…
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Which Bucks County Towns Pay the Highest and Lowest Property Taxes?
Bucks County homeowners generally pay about $6,817 in municipal, school and county taxes, with some paying almost twice as much based on where they live, writes Chris Ullery for the Bucks County Courier Times. According to a recently published review of Bucks County tax parcel data and millage rates, Upper Makefield in the Council Rock…
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How WSFS Bank’s CEOs Built a Culture of Service and Growth for Nearly 200 Years
Leadership at any level requires the right balance of strategic direction, creating a successful culture, and planning for the future. Nowhere is this more evident than in the role of a CEO, where stakes are high, and every decision reverberates across the company. It’s a tightrope walk the last three CEOs at WSFS Financial Corporation know well…
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