Business
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Longtime Banking Leader Kelley Cwiklinski Retires from C&N After Decades of Service
Kelley Cwiklinski, C&N’s Chief Commercial Lending Officer, will retire after a 41-year career that made a lasting impact on the company, its customers, and the communities it serves. Cwiklinski joined C&N on July 1, 2020, through the Covenant Bank merger as Senior Vice President, Director of Commercial Lending and was promoted to Executive Vice President…
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From ‘Best-Kept Secret’ to Bold New Identity: Trumark Credit Union Unveils Rebrand
For years, TruMark Financial Credit Union had something many financial institutions strive for: deeply loyal members who valued the service they received. The challenge, according to CEO Kelly Botti, was that not enough people knew about it. That realization became the starting point for a rebrand effort that has been over three years in the…
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How to Use Your Home Equity Wisely: Six Benefits of a HELOC
If you own your home, you probably have access to more capital than you think, thanks to a little something called a home equity line of credit. A HELOC is not a home equity loan. Though the two may sound similar, and both allow you to borrow against the equity you’ve built up in your home,…
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Meridian Bank Shares Top 3 Ways to Strengthen Financial Literacy
Financial literacy is one of the most important tools for building long-term financial stability and confidence. Understanding how to manage money, avoid fraud, and make informed decisions can have a lasting impact at every stage of life. Meridian Bank is committed to helping individuals and families stay informed and protected. Here are three practical ways…
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Quakertown-Based QNB Corp. Reports Solid First Quarter Performance
With the acquisition of Victory Bancorp finalized on April 1, 2026, Quakertown-based QNB Corp. reported first-quarter net income of $2,765,000 or $0.73 per diluted share, up from $2,578,000, or $0.69 per diluted share a year prior. For the three-month period ended March 31, 2026, net income included $754,000 in after-tax merger-related costs. When excluding these…
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From Outgrowing Space to Owning It: Bucks County-Based Works in Stone’s SBA Success with Firstrust Bank
For Steve and Kristi Ferrari, the owners of Bucks County-based Works in Stone, growth didn’t arrive all at once. It built gradually, project by project, stone by stone. Then, it suddenly accelerated. Works in Stone began as a small, highly specialized masonry operation but has since evolved into handling complex historic restoration, custom stone fabrication,…
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Berwyn-Based Ametek in Talks to Purchase a Testing and Measurement Businesses
Berwyn-based Ametek, a manufacturer of electronic instruments, has set its sights on acquiring Indicor’s testing and measurement businesses in a potential multibillion-dollar deal, writes Jonathan Diamond for the Philadelphia Business Journal. North Carolina-based Indicor, which manufactures equipment for the agriculture and automotive industries, is a portfolio company owned by private equity firm Clayton Dubilier & Rice. While the terms of the potential deal…
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Philadelphia Raises $2.17 Billion in Venture Capital in Q1 of 2026, But How Much Will the Region Actually See?
Philadelphia saw $2.17 billion in venture capital investments in Q1 of 2026, which would be the third highest quarterly total on record. While the venture capital market is showing strength, beneath the big number is another reality that much of the funding is concentrated in a small number of massive deals, some of which from…
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C&N’s Giving Back, Giving Together Earns National Recognition for Standing Strong Against Cancer
C&N’s employee-led Giving Back, Giving Together program received an Honorable Mention in the Community and Economic Development category of the ABA Foundation Community Commitment Awards. This marks the third national recognition for the program and highlights the meaningful local impact driven by C&N teammates. The recognition specifically honors Giving Back, Giving Together’s Standing Strong Against…
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TruMark Financial Celebrates Rebrand to Trumark Credit Union: A Modern Brand Built on Purpose and People
TruMark Financial Credit Union has announced its official evolution to Trumark Credit Union, a change designed to better reflect how the organization serves members today and how it will continue to show up for them in the future. The new name and visual identity make it easier for members and those considering joining to clearly…
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Souderton’s Univest Eyes Growth Beyond Philly as Earnings Climb
Souderton-based Univest Financial Corp. is posting strong financial gains while setting its sights on growth beyond the Philadelphia region, writes Jeff Blumenthal for The Philadelphia Business Journal. The Montgomery County bank reported a 21% jump in first-quarter earnings alongside a nearly 12% increase in net interest income. The steady momentum poises the company to sharpen…
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How to Improve Your Credit Score: Key Factors and Expert Tips from Citadel Credit Union
How Is Your Credit Score Calculated? Your VantageScore — the score you see when you check your credit — ranges from 350 to 850. Higher is better. It’s made up of five key factors, each weighted differently: Step 1: Pull Your Credit Reports and Fix Errors You can get a free copy of your credit…
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Mid Penn Bank Supports Next Generation of Entrepreneurs as Title Sponsor of Junior Achievement Event
High school entrepreneurs recently took center stage at Temple University’s Fox School of Business, where bold ideas, polished pitches, and real-world business savvy were on full display during Junior Achievement of Southeastern Pennsylvania’s Future Bound Ignite. Powered by title sponsor Mid Penn Bank, the event brought together high school students participating in the Junior Achievement…
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Two Investment Firms Plan to Own Sizable Stakes in Restructured QVC Group
Silver Point Capital and Strategic Value Partners, both investment firms based in Greenwich, Connecticut, will hold sizable stakes in QVC Group after the West Chester-based shopping giant emerges from bankruptcy, writes Jeff Blumenthal for the Philadelphia Business Journal. According to Joshua Sussberg of Kirkland & Ellis, who represents QVC Group in the bankruptcy process, the two firms. acquired very large positions…
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West Chester’s QVC Group to File for Bankruptcy, Plans 90-Day Restructuring
Amid ongoing efforts to manage $6.6 billion in debt, West Chester-based QVC Group has announced plans to file for Chapter 11 bankruptcy protection, writes Jeff Blumenthal for the Philadelphia Business Journal. The company disclosed in a 10-K filing with the U.S. Securities and Exchange Commission that it intends to file for bankruptcy in the U.S. Bankruptcy Court for the Southern…
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Guidemark: Paving Success, Together
Guidemark, a Souderton-based pavement contractor, plays a vital role in keeping Eastern Pennsylvania moving by ensuring all roadways have the proper traffic markings. With more than 80 employees and a footprint that stretches across the region, the company is built on precision, reliability, and trust — qualities it also looks for in a financial partner.…
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Mid Penn Bank Hires Daniel Devine as Senior Cash Management Operations and Product Manager
Mid Penn Bank has hired Daniel Devine as Senior Vice President and Senior Cash Management Operations and Product Manager. Based in Harrisburg at the bank’s administrative office, Devine will lead operations for the bank’s cash management team and support product initiatives. He will report directly to Chief Operating Officer Dana Stewart. “We are pleased to…
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UBS Taps New Regional Leader, Prepares to Leave Conshohocken Office
A major wealth management firm with a presence in Montgomery County is entering a new chapter, writes Jeff Blumenthal for The Philadelphia Business Journal. UBS recently named Patricia Cashin as senior market director for the Greater Philadelphia region. Cashin will oversee five local offices, including one in Conshohocken, and help manage more than $50 billion…
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