Business
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American Heritage Credit Union Accepting Applications for 2024 Cecilia B. Grady Scholarship Program
American Heritage Credit Union is awarding 30 high school senior members with a $1,000 scholarship to help ease the financial burden of higher education expenses. American Heritage’s Scholarship Committee will select the 2024 recipients based on their scholarly merits, community and school involvement, a letter of recommendation, credit union eligibility, and a submitted essay describing…
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Penn Community Bank Executive Bernard Tynes Honored by Bucks County Community College for “Building on MLK’s Dream”
Penn Community Bank, the largest mutual bank in eastern Pennsylvania, has recognized Chief Experience and Impact Officer (CXIO) Bernard Tynes for receiving Bucks County Community College’s 2024 Dr. Martin Luther King, Jr. Corporate Leadership Award. Tynes was honored along with other recipients at a program on Friday, Jan. 26 at the college. “I am deeply honored…
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American Heritage Credit Union Launches My CU Home Connection Program
American Heritage Credit Union and its mortgage company, First Heritage Mortgage Services, have partnered with First Heritage Realty Alliance and Member Settlement Solutions LLC to launch the My CU Home Connection program. This program provides an all-in-one bundled service to help members search, buy, sell, and save on their next home. Homebuyers can earn realty cash rewards,…
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Newsweek Names Penn Community Among America’s Best Regional Banks
Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, has been recognized as one of America’s Best Regional Banks 2024 by “Newsweek.” “We are deeply honored to be recognized by ‘Newsweek‘ as one of America’s Best Regional Banks,” said Jeane M. Vidoni, President and CEO of Penn Community Bank. “Our customers are at the heart of everything we do,…
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C&N’s Unwavering Commitment Earns Coveted 5-Star Rating from Bauer Financial
Financial leader C&N has earned its prestigious 5-star Superior rating from Bauer Financial, the gold standard in bank and credit union analysis. This coveted accolade recognizes C&N’s unwavering dedication to financial strength, customer service, and overall industry excellence. C&N has consistently earned this designation each quarter for over a decade. Bauer Financial’s rigorous, independent assessment…
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Protect Your Data This National Data Privacy Day
Each year on Jan. 28, National Data Privacy Day serves as a reminder for consumers and companies to assess and enhance their privacy measures. From social interactions to bank transactions, your personal data is more valuable than ever. With even the smallest bit of data, criminals can drain your bank accounts or even steal your…
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How to Manage Cash Flow for Your Business
Businesses of all sizes deal with cash flow challenges and a lack of working capital at one time or another. It’s a constant balancing act and something as small as a delayed invoice — or as large as a global pandemic — can wreak havoc if you’re not prepared. Understanding Your Cash Flow Cycle To…
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Firstrust Bank a Key Supporter of Philadelphia Youth Basketball as It Opens World-Class Facility in Nicetown
Kenny Holdsman, the co-founder and CEO of Philadelphia Youth Basketball, has fond memories of his first meeting with Richard Green, the Executive Chairman and Owner of Firstrust Bank, almost a decade ago. It was the summer of 2015, and Holdsman, a lawyer who was taking his talents to the nonprofit sector, had just launched PYB,…
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Uncovering The Secrets Of The OG Of Alts: Private Equity
There is one alternative allocation that has been in endowments, foundations, and high net-worth families for a long time. It is also usually the largest allocation in these portfolios and this investment is private equity. I use the movie Pretty Woman and the character Richard Gere played when explaining private equity to our clients. To…
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Bucks County Residents May Have Unclaimed Funds Waiting, Says County Controller
Bucks County Controller Pamela Van Blunk is urging residents and local organizations to explore a unique opportunity: retrieving unclaimed funds, according to TAPIntoDoylestown. The controller’s office has established an Unclaimed Funds Program to assist individuals and entities in claiming funds that have remained uncollected, often due to postal issues like undeliverable checks or expired forwarding…
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LINKBANK Appoints Malvern Resident Joe Keefer as Senior Banking Officer in Delaware Valley Region
LINKBANK has appointed Joe Keefer as Senior Banking Officer in the Delaware Valley region. Keefer’s broad-based banking and leadership acumen makes him the ideal individual for the role of Senior Banking Officer. He brings an abundance of knowledge to the Bank, leveraging over 40 years of senior leadership expertise in the banking and real estate…
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5 Actions to Take Ahead of 2025 Tax Law Sunset
The Tax Cuts and Jobs Act of 2017 (TCJA) brought numerous changes to the tax code, including reduced individual income tax rates, significant increases to the standard deduction, and doubling of the estate tax exemption. The legislation also has a sunset provision, meaning many of the changes are set to expire at the end of…
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Audacy Officially Files For Chapter 11 Bankruptcy
After working diligently to avoid this course of action, Audacy has begun a prepackaged Chapter 11 bankruptcy protection proceeding, writes Jeff Blumenthal for the Philadelphia Business Journal. The bankruptcy filing came after Audacy reached a restructuring deal with a “supermajority” of its debtholders, which will reduce most of its $1.9 billion in debt. This would…
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Meridian Bank’s Executive Vice President of SBA Lending is a Team Player Both in and Out of the Workplace
Meridian Bank Executive Vice President Rocco Perate is a team player both in and out of the workplace. As the leader of the SBA Lending department, he coaches his team to help small businesses. With a goal to lead Meridian Bank to be the top SBA lender in the region for the fourth year in…
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WSFS Celebrates Grand Opening of 1818 WSFS Bank Place Banking Office and Wiss Fiss Lounge
WSFS Bank recently celebrated the grand opening of its banking office and the accompanying Wiss Fiss Lounge, marking another chapter in the bank’s commitment to Philadelphia. The new banking office is located at WSFS’ Philadelphia headquarters at 1818 WSFS Bank Place on Market Street. Located in the heart of Center City, the new banking office…
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Navigating Wealth with Purpose: Invest in Communities, Reap Tax Benefits Through Qualified Opportunity Zones
The Qualified Opportunity Zone (QOZ) program, a gem nestled within the Tax Cuts and Jobs Act of 2017, is a testament to the power of innovative investment strategies that serve a dual purpose: fostering substantial economic growth and nurturing the seeds of social responsibility. As an affluent individual, your journey in wealth management is not…
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Deadline Nears to Submit Nominations for Citadel Heart of Learning Awards
The Citadel Credit Union’s 23rd Annual Citadel Heart of Learning Awards program is rapidly approaching its nomination deadline of Jan. 15. This urgent call invites nominations for outstanding teachers across Bucks, Chester, Delaware, Lancaster, Montgomery, and Philadelphia counties who go above and beyond for their students at the elementary, middle, and high school levels. In addition…
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Bridging the Knowledge Gap: C&N Partners with ABA for Financial Education
As part of its dedication to community development, C&N has joined forces with the American Bankers Association (ABA) Foundation to cultivate financial literacy and empower individuals across generations. Together, their impactful partnership has already touched the lives of 1,704 individuals, planting seeds of security and harvesting hope for a brighter financial future. This spring, C&N’s passionate teammates…
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