Business
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Citizens Bank Is Closing More Branches, Including One in Bala Cynwyd
As part of its plan to trim down the number of its branches in the region, Citizens Bank has announced the closure of its Bala Cynwyd branch inside the Acme at 121 E. City Avenue, writes Jeff Blumenthal for Philadelphia Business Journal. The branch inside the Acme at 6800 New Falls Road in Levittown has…
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Fred Hubler of Creative Capital Wealth Management Group Shares How To Build Wealth by Investing in the Promise of Infrastructure
Look around the United States and you will see aging infrastructure and risks of potential failure. The positive for investors is there are investment opportunities to fix infrastructure while also making money for yourself. Many find investing in infrastructure to be a beneficial alternative investment. Many parts of our world fit into the infrastructure space including…
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Citizens Bank Announces Closures of Branches Across Bucks County
Citizens Bank is shutting down branches inside of Acme stores and various standalone sites around Bucks County, writes Jeff Blumenthal for the Philadelphia Business Journal. Following the bank’s filing with the Office of the Comptroller of the Currency, the branch inside of the Levittown Acme shut down at the beginning of the month. …
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‘Holding a Dollar in a Token Is Amazing’: Financial Firms Start Betting on Crypto
After years of hovering around the border of the world of cryptocurrencies, major financial firms now seem ready to fully embrace the crypto subculture, writes Alexander Osipovich for The Wall Street Journal. Last month, Larry Fink, chief executive of BlackRock, the largest asset manager in the world, said that he was a big believer in…
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Apex Commercial Capital Looks Beyond the Numbers to Foster Growth of Small Businesses
Apex Commercial Capital, which specializes in commercial mortgage lending and equipment financing, fosters business growth in a distinctive way: by offering a unique blend of financial products and services that transcend traditional metrics. Apex prides itself on being a lender that looks beyond the numbers — the company views its customers as more than just…
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Are Women Leading the Charge in Securing Their Financial Future?
Women are at the forefront of securing their financial futures, showcasing resilience, strategic planning, and an unwavering commitment to financial literacy. In an era where financial landscapes are constantly evolving, women’s involvement in financial planning has become more pronounced. According to a study conducted by Bryn Mawr Trust, an impressive 87 percent of women report…
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Penn Community Bank Helps Bring Attention to ALICE Population
Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, joined the County of Bucks and United Way of Bucks County in designating March 2024 ALICE Awareness Month. ALICE, an acronym that stands for Asset Limited, Income Constrained, Employed, represents the 27 percent of Bucks County individuals and families who earn above the federal…
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Penn Community Bank Releases Its 2023 Impact Report
Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, has released its 2023 Impact Report. The 50-plus page report, released annually, highlights the bank’s impact on its customers, communities, and team members. “As a mutual bank, we don’t have annual earnings reports. Instead, we focus on the people and relationships that power our region,”…
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In Honor of Women’s History Month, Citadel Credit Union Offers List of Local Resources for Women in Business
More and more women are fulfilling top leadership roles in business. According to the Pew Research Center, women made up 30.4 percent of sitting board members for Fortune 500 companies in 2022, 32.8 percent of university presidents, and an all-time high of 10.6 percent of Fortune 500 company CEOs. Additionally, more women are starting their own…
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How One School Traded Its Way to the Top of the University Endowment Performance Rankings
Led by a former trader, Baylor University managed to outperform the Ivy League and climb to the top of the university endowment performance rankings, writes Juliet Chung for The Wall Street Journal. Many universities distribute their funds across various assets and make periodic adjustments. Baylor, however, takes advantage of market moves frequently to either boost…
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C&N Bank Builds Team with Seasoned Lending Trio in Lancaster and York
C&N Bank is expanding its business lending team in Lancaster and York with the addition of Peter Miklos, Chau Nguyen, and Nathan Edmunds. With a combined 85-plus years of commercial banking and lending expertise, the trio strengthens C&N’s commitment to providing comprehensive financial solutions to local businesses. “We’re excited to welcome Peter, Chau, and Nathan…
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Fake Home Contractor Scams to Avoid
Most homeowners will need a contractor at one point or another. Whether it’s a new bathroom, replacing the kitchen cabinets, or fixing the deck, you want the work done right at a good price. Unfortunately, it can be hard to find a contractor you can trust, especially when there are scammers out there looking to…
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Four Philadelphians Make List of 58 Black Investors Who Are Changing Venture Capital Industry
Four Philadelphians have made the list of 58 Black investors who are changing the venture capital industry by focusing on funding diverse startup founders, writes Vishal Persaud for Business Insider. William Crowder, co-founder and managing partner of Aperture Venture Capital, has spent more than 10 years investing in diverse founders before co-founding his firm in…
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Penn Community Bank Helps Break Ground on Philadelphia Affordable Housing
Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, joined Philadelphia Mayor Cherelle Parker, City Council President Kenyatta Johnson, and regional developers on Feb. 20 to celebrate the groundbreaking of 17 publicly-owned parcels for future Turn the Key homes in Philadelphia’s Grays Ferry neighborhood. Representing the bank and speaking at the event was…
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WSFS Bank Celebrates Nearly 200 Years of Service for Its 192nd Birthday
To illustrate how long WSFS Bank has been serving the Greater Philadelphia and Delaware region, when the bank was chartered in 1832, electricity wouldn’t be available in homes for another 40 years. WSFS Bank, in fact, is seven days older than the city of Wilmington itself. This month, the bank celebrated its 192nd birthday and…
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Who Is the Sandwich Generation, and What Are Their Challenges?
You’ve probably heard a lot about Baby Boomers, Gen X, Millennials, Gen Z, and other generations, but have you heard about a group of people known as the sandwich generation? The sandwich generation can include adults from a variety of these age groups, but it generally refers to anyone who is caring physically, mentally, and/or financially for…
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Penn Community Bank Supports Habitat for Humanity Build Project
Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, recently supported Habitat for Humanity of Bucks County’s current build project at the site of the former St. Thomas Aquinas School in Croydon. Team members spent the day working on various jobs throughout the site, which will include three single-family homes and follow the organization’s Land Trust…
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Morrisville PNC Bank Closes its Doors Amid National Expansion Plans
PNC Bank is closing its doors in Morrisville, joining dozens of other locations in ceasing operations, writes Jeff Blumenthal for the Philadelphia Business Journal. This closure comes just a week after PNC Bank announced that it is investing $1 billion to open 100 more branches and renovate 1,200 existing locations for the next four…
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