Business
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Why Alternative Strategies Represent A New Frontier In Investing
The world of investing has come a long way since the days of buying and holding stocks and bonds. With the advent of technology and the globalization of markets, investors have more choices than ever. Once reserved for the ultra-wealthy, alternative investment strategies are becoming increasingly accessible to retail investors. In this article, we’ll explore…
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Winning Powerball Ticket Worth $250,000 Sold at Shop in Fairless Hills
A winning Powerball ticket was sold at a venue in Bucks County, leaving one lucky winner with a large sum of money to collect. Damon C. Williams wrote about the ticket for the Bucks County Courier Times. Levittown News & Tobacco, located at 411 Oxford Valley Road in Fairless Hills, sold the winning Powerball worth…
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Firstrust Bank ‘Cultivates Prosperity for the Communities We Serve,’ Donates $25,000 to Habitat for Humanity’s New ReStore in North Philadelphia
Firstrust Bank recently helped celebrate the grand opening of Habitat for Humanity Philadelphia’s new ReStore at 3111 West Allegheny Avenue with a $25,000 donation. The new ReStore is Habitat’s second ReStore location in Philadelphia, and 100 percent of its profits will go toward building and repairing more homes in the city. “As Philadelphia’s Hometown Bank,…
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The Power of Down Payments and Credit Scores
Let’s face it – nobody wants a mortgage, they want a home. Homeownership is a fulfilling experience and, unless you have the means of purchasing your home outright, a mortgage is the vehicle that drives you down that road. Because of how crucial mortgages are to homeownership, it’s good to know mortgage basics that can…
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Cash Isn’t The Most Exciting Asset, But It Belongs In Your Financial Planning
Cash may not be the most exciting asset class, but it’s essential. Cash is an alternative investment that not enough people are talking about. In today’s market environment, with interest rates rising and high volatility, cash can provide a safe haven for investors. However, many financial advisors may not be eager to recommend it if they aren’t…
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Ultra-Wealthy Focused on These Alternative Investments in 2023
The ultra-rich have access to alternative investments that are usually unavailable to average investors, and they have been taking full advantage of them, writes Lyle Daly for The Motley Fool. Among ultra-high-net-worth investors, whose net worth is at least $30 million, alternative investments make up an average of 50 percent of assets. Meanwhile, that share…
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Learn from WSFS Bank How to Protect Your Small Business from Asset Loss and Fraud at Today’s NoonZoom
Recent events in banking have brought new attention to the financial services industry and have business leaders wondering if they are taking the right steps to ensure their money is safe. Join a pair of experts from WSFS Bank to learn the several ways to safeguard against threats like fraud or market volatility. On Tuesday,…
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How to Protect Your Business Against Check Fraud
Whether it’s digital fraud, phishing and spoofing, or check and payments fraud, the reality is that many businesses (71%, according to a 2022 AFP Payments Fraud and Control Survey) unfortunately experience fraudulent schemes or attempts that can cost them time and money. The survey also found that the most common scheme (66%) currently impacting businesses is check fraud. While…
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Penn Community Bank CLO Named to Bucks County Bar Foundation Board
Stephanie Schwartzberg, Esq., Chief Legal & Risk Officer at Penn Community Bank has been named to the Board of Trustees for the Bucks County Bar Foundation. She joins the leadership of the 501c3 for a three-year term. “I am honored to join the Board of Trustees of the Bucks County Bar Foundation and for the…
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Meridian Bank Supports Paoli Hospital as Title Sponsor for 2023 Golf Classic
On Tuesday, May 16, Meridian Bank proudly supported the Paoli Hospital Foundation as the Title Sponsor for this year’s Golf Classic. Chris Annas, CEO of Meridian Bank, Geoff Sheehan, SVP C&I Lending, and Jessica Annas Tiagwad, SVP Marketing, presented a $50,000 donation to Paoli Hospital Foundation team members Elaine Bailey, Board Chair, and Meghan Sayer,…
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Firstrust Bank’s New Promotion Supports Summer Camp for Children with Disabilities
Your savings can now help send children and young adults with disabilities to summer camp. Firstrust Bank has launched a summer promotion with Variety — The Children’s Charity of Delaware Valley to support the nonprofit’s ACA-accredited summer camp program for local families and children with disabilities. Now through July 31, Firstrust will pledge a $25…
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Doylestown’s HV Bancorp, Parent Company of Huntingdon Valley Bank, Sold for $67.4M
The $67.4 million sale of Doylestown-based HV Bancorp, the parent company of Huntingdon Valley Bank, to Citizens Financial Services closed last week, writes Jeff Blumenthal for the Philadelphia Business Journal. With the finalization of the sale, Huntingdon Valley Bank became part of Citizens Financial subsidiary First Citizens Community Bank. The deal was originally announced in…
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How to Avoid Artificial Intelligence and Deep Fake Scams
Artificial intelligence (AI) can be a powerful tool, but what happens when it falls into the hands of scammers? While AI can help with things like chatbots for customer service and writing emails, it can also be leveraged by nefarious actors through deep fake scams that can mimic human voices, create fake videos, photos, and…
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Ways to Protect Your Business Accounts
Recent events have brought new attention to the financial services industry and have business leaders wondering if they are taking the right steps to ensure their money is safe. There are several ways to safeguard against threats like fraud or market volatility but ensuring your business’ money is protected in Federal Deposit Insurance Corporation (FDIC)…
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Affluent Millennials Use This Strategy to Lower Taxes and Build Next-Gen Wealth While Giving Back
Millennials, who are now the highest-earning generation in the United States, have found a strategy that helps them lower taxes and build next-generation wealth while giving back, writes Jonathon Morrison for Forbes. Millennials with high incomes who are philanthropic and focused on impact investments are increasingly turning to optimized charitable lead annuity trusts. These are…
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Citadel Credit Union Honors 31 Local Teachers with Citadel Heart of Learning Award, $58,000 in Grants
Citadel Credit Union has recognized 31 teachers in Greater Philadelphia for going above and beyond and truly “building strength in education.” The company has awarded the winners more than $58,000 in grants and the prestigious Citadel Heart of Learning Award. Twenty-eight winners received a hand-blown glass heart award and a $1,000 cash prize. Also, three…
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How To Keep Your Company and Yourself Safe from Fraud
Whether it’s a compromised email, ransomware, mail theft, or other criminal attempt, fraudulent schemes continue to trend upward and can cost businesses and consumers alike. Preventing fraud requires vigilance from every employee to protect your company’s finances and information. Here are some tips to help protect your business and yourself. Digital FraudScammers don’t discriminate when it comes to the…
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Nearly 1,200 WSFS Bank Associates Volunteer Across the Region for Inaugural ‘We Stand for Service Day’
Nearly 1,200 WSFS Bank associates volunteered across the Greater Philadelphia and Delaware region on June 14 as part of the bank’s first-ever “We Stand for Service Day.” This company-wide day of giving back through volunteerism saw approximately 1,200 associates join together to volunteer nearly 5,000 hours and make an impact at organizations across the region.…
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