Business
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Morrisville Tobacco Shop Sells Lottery Ticket Worth $2.7M. Read to Learn More
A shop in Morrisville has sold a major lottery ticket, and now officials are looking for the lucky winner so they can claim their prize. Smoker’s Express, located at 813 West Trenton Avenue, sold a jackpot-winning Pennsylvania Lottery Match 6 Lotto ticket worth $2.7 million from the Oct. 3 drawing. “The ticket correctly matched all…
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Citadel Credit Union Finds Its New President, CEO
Citadel Credit Union, one of the largest credit unions in Pennsylvania with more than $5.7 billion in assets, has named Bill Brown its President and Chief Executive Officer. Brown succeeds Jeff March, the company’s longtime leader of 22 years, who will remain on the leadership team at Citadel during a transition period. With more than…
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Litigation Funding Now a Rapidly Growing Market for Alternative Investors
According to a new report from RationalStat, the global litigation funding investment market, which is estimated at $15.8 billion in 2022, is expected to witness a growth rate of about nine percent between 2023 and 2028. The Global Litigation Funding Investment Market Analysis and Forecast, 2019-2028, assesses the global market based on type, enterprise size,…
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Penn Community Bank Deepens Relationships with Customers, Local Businesses
Penn Community Bank has hired a new cash management leader and expanded treasury and merchant services to strengthen relationships with customers and local businesses. Michelle Brennan is a graduate of York College and has over a decade of industry experience. She will serve as the Cash Management Sales Team Leader. “I’m excited to be a…
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Penn Community Bank CEO One of 2023’s Most Powerful Women to Watch, According to American Banker
Jeane M. Vidoni, president and CEO of Penn Community Bank, has been named one of the Most Powerful Women to Watch by American Banker. The Most Powerful Women initiative recognizes individuals and groups who have shown exceptional leadership skills and successful performance in financial services, and who are committed to improving diversity, equity, and inclusion…
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5 Investment Trends Most Popular Right Now with Seasoned Investors
Seasoned investors tend to look at the markets with a long-term view, using current volatility that might be short- or medium-term to buy into themes that will pay off over many years, writes Giovanny Moreano for Bankrate. These trends are hard to identify but can result in significant gains. Among the five trends currently most…
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C&N Wealth Management Welcomes Edward Kamradt and Craig Morgenstern
C&N Bank expands its Wealth Management team with the addition of Edward “Ted” Kamradt as VP and Senior Wealth Advisor and Craig Morgenstern as VP and Senior Investment Officer, both located in the Doylestown office. Ted Kamradt, who most recently held a wealth management position with Citizens Bank, is joining C&N as Senior Wealth Advisor.…
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Firstrust Bank Remains Steadfastly Committed to Point Breeze, the Community Where It All Began
Established in 1934, Firstrust Bank has deep-rooted history in the Point Breeze neighborhood of South Philadelphia, where founder Samuel Green was driven by a vision to create a secure haven for homeownership at a time when commercial banks were not lending to certain segments of the community. Firstrust Bank has evolved through the decades, expanding…
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Penn Community Bank’s James Li Named Future Under 40 Award Winner by PA Bankers
James Li, senior vice president/commercial and industrial lending team leader at Penn Community Bank has been recognized as a rising star by the leading largest financial services industry organization in the state. Li is a recipient of a Future Under 40 Award from Pennsylvania Bankers Association for making a tremendous impact on his institution, the…
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C&N Donates $20,000 Through EITC Contributions to North Penn YMCA
C&N, a leading financial services company across Pennsylvania and New York, recently donated $20,000 to the North Penn YMCA under the Educational Improvement Tax Credit Program (EITC). The North Penn YMCA was established in 1955 and has a long history of providing programs and services for children, teens, seniors, families and those with special…
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3 Key Areas to Bring Small Business Expenses into Focus
When it comes to managing expenses for a small business owner or operator, every dollar spent contributes to cash flow and long-term profitability. Efficient expense management requires a keen eye on accounts payables, having proper budgeting and auditing processes in place, and understanding the risks associated when expenses become overwhelming — and how to prevent…
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WSFS CARES Foundation Provides Third-Quarter Grants to Organizations in Delaware and Pennsylvania
The WSFS CARES Foundation, the charitable giving arm of WSFS Bank, has provided grants to four organizations located in Delaware and Pennsylvania as part of its continuing series of philanthropic activities. “At WSFS, we envision a day when everyone will thrive,” said Patrick Ward, Executive Vice President and Pennsylvania Market President at WSFS Bank and…
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Learn More About Sustainable Investing — And How to Simplify It
Sustainable investing — also known as ESG investing, green investing, and ethical investing, among other monikers — is an investment strategy that, in addition to financial returns, considers a company’s or investment’s impact on the environment and society, writes Alana Benson for NerdWallet. While investing in a cleaner planet and more equitable society looks great…
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Southampton Tobacco Shop Sells Lottery Ticket Worth $450,000. Read to Learn More
A retailer in Bucks County has sold a hefty lottery ticket, and one lucky winner is able to claim their massive prize from the establishment. American News & Tobacco, located at 522 Second Street Pike in Southampton, recently sold a Cash 5 ticket worth $450,000. For selling this winning ticket, the shop is being rewarded…
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Regional Consumers Continue to Adapt Spending and Saving Habits, Per WSFS Bank’s Money Trends Study
Nearly four in 10 regional residents (38 percent) are spending more money now compared to last year, while only 21 percent in the region are saving more, according to a Money Trends study from WSFS Bank. Half of respondents have heard of but never used savings tools like certificates of deposit (50 percent), while 51…
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Former Activist Investor Believes Deal Between Republic First and George Norcross Makes Sense
Republic First Bancorp, parent of Republic Bank, and an activist investor group led by George Norcross, a South Jersey power broker, and Greg Braca, former CEO of TD Bank U.S., are holding preliminary talks for a possible equity investment, writes Jeff Blumenthal for the Philadelphia Business Journal. According to Abbott Cooper of New York hedge…
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Taking the First Step as a New Business Owner
So, you have a product or service you want to share and you know that your business could be successful, but you’re just not sure where to begin. You’re not alone. Starting a new business can be very intimidating to someone who is not familiar with the process. With so many things to consider and…
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Vint Investing Platform Makes Wine and Spirits More Accessible as Alternative Assets
Despite the growing popularity of alternative investments such as real estate, gold, and cryptocurrencies, wine and spirits continue to be overlooked, writes James Wells for Benzinga. One of the reasons is the steep learning curve of wine investing. This involves a number of challenging details, like valuing specific vintages or securing allocations from coveted producers.…
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