Business
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Firstrust Bank Promotion: Open a New Checking Account and Open the Door to Summer Fun for Local Kids
Firstrust Bank is again partnering with Variety – the Children’s Charity to support an accredited summer camp program for local families and children with disabilities. The promotion, which previously ran in 2018, is just one piece of the bank’s longstanding partnership with Variety. From June 13 to July 31, Firstrust will pledge a $100 donation…
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Wiser Wealth: How to Donate Cryptocurrency to Charities
Despite skepticism that cryptocurrency would be a fleeting trend, it is slowly integrating into being a regular part of life. More banks and retailers are able to process it, and as explained by The Wall Street Journal, now you can even use it as a form of payment to charities. The first thing to understand…
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Bucks County Businesses Clawed by Recent Bearish Stock Market Volatility
The stock market’s January high is as distant a memory as New Year resolutions and wind chill reports. Since the start of June, performance has been particularly bearish in the Phila. region, causing widespread concern. Ryan Mulligan cited 25 affected entities — three in Bucks County — in the Philadelphia Business Journal. Investors unloaded risk…
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How Women Can Break Through and Reshape Attitudes About Investing
Investing has been top of mind for many as the stock market fluctuates. With investing being a subject that is not commonly taught in school, many people don’t know how to invest or what to invest in. And if they do, they aren’t too confident in their abilities. Historically, differences in investing attitudes have existed…
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Pa. Lottery to New Bucks County Millionaire: ‘Come on Down!’
A $20 investment in a Price Is Right–themed lottery ticket has paid off handsomely to its Sellersville buyer. He or she is walking away with a million dollars, as reported by John Misinco at The Morning Call. The seller was Jashan Convenience on North Main Street, also in Sellersville. Its owner will receive $5,000 just…
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Wiser Wealth: 7 Investments That Are Recession-Proof
It is well-documented how recessions in the past proved very costly for many investors. Some saw their investments in stocks and real estate plummet, leaving them uncertain about their retirement plans. For those looking to learn from those mistakes, the site Nasdaq has shared some of the best investment options that are more resistant to…
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Training Tomorrow’s Tycoons: C&N Educates 600 Local Kids on Financial Management
C&N bank team members, out to seed the next generation of citizens with fiscal skills, participated in an American Bankers Association Education Foundation educational program. The 2022 Teach Children to Save initiative had its staff making 21 financial presentations and bank tours throughout April, reaching over 600 children. It’s been an ongoing effort at C&N…
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Wiser Wealth: 4 Tax-Smart Ways to Share Your Wealth with Kids
As you get older, you want to know that your children will be taken care of and receive all the savings you want to bestow upon them. You likely realize taxes will factor into that, but once you start looking into it the taxes might be significantly higher than you thought. Kiplinger outlined some of…
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CIO of Horsham-based Penn Mutual Asset Management Warns of Increasing Odds of Market-Led Recession
A drop in stock prices, driven primarily by pessimism regarding the economic outlook, is increasing the risk that a recession may arrive sooner than predicted. Vivien Lou Chen got a local take on this development for Market Watch. “The impact of financial markets, in many ways, contributed to the situation of an overheating economy and…
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Climbing Grocery Costs Has Us Peeling off More Green to Purchase Greens… and Other Staples
April provided a modest reprieve in inflation, dropping to 0.3 percent from March’s staggering 1.2 percent. Nonetheless, some grocery items still saw prices steeply climb, writes Lauren Liebhaber for Stacker. Year-over-year, the cost of groceries went up by 10.8 percent, the largest annual foodstuff increase in more than four decades. The increase was primarily driven…
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Penn Community Bank Deepens Its Ongoing, United Relationship with United Way of Bucks County
Two corporate leaders from Penn Community Bank will be bringing/maintaining their expertise and community connection to the board of directors for the United Way of Bucks County. Jeane M. Vidoni, President and CEO, is continuing in her position as Vice Chair of Community Impact, a role she has filled since 2016. Bernard Tynes, Senior Vice…
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Where Should Retirees Put Their Retirement Money?
When it comes to investments and retirement, retirees are in a precarious position. You have accumulated a retirement nest egg, but now you face new unknowns around life expectancy, quality of life, and your health. And not to be forgotten is how best to invest those hard-earned savings. Should you stick with stocks and their…
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Lincoln Financial in Radnor Welcomes Ellen Cooper, Its First Female CEO
Ellen Cooper is the new CEO of Lincoln Financial Group, Radnor. She is its first female CEO, making her one of just 44 women leading a Fortune 500 company, writes Jeff Blumenthal for the Philadelphia Business Journal. Cooper succeeds Dennis Glass, who was CEO for 15 years. She was also vaulted to the board of…
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Penn Community Bank Receives National Recognition for Safe, Affordable Checking Account
Penn Community Bank’s new Access Checking Account has been officially certified by the national Cities for Financial Empowerment (CFE) Fund. The recognition results from its adherence to Bank On National Account Standards (2021–2022). These safe account analytics were created in a collaboration of consumer advocates, leading national nonprofit organizations, civic leaders, and other financial institutions.…
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Wiser Wealth: Worried About Taxes and Inflation? I Bonds Offer a Near-perfect Investment Hedge Against Both
As inflation continues to impact many people’s finances, investors have been looking for ways to offset this with what they choose to put their money into. One option that has been gaining popularity recently is Series I savings bonds, but there are also people who are not clear on all the intricacies behind this investment.…
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Penn Community Bank Hosts Massive Regional Day of Service
Penn Community Bank hosted its first-ever Day of Service on May 25. The organization-wide event partnered 300+ bank team members with over a dozen nonprofit partners throughout Bucks Co., Montgomery Co., and the Lehigh Valley. By the time the sun had set, its staff had provided over 1,000 employee hours of volunteer service and $100,000…
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Seven Bucks County High Schoolers Receive Scholarships from the Green Family Foundation, Firstrust Bank
High school seniors from the Greater Philadelphia and Lehigh Valley region were recognized this week by the Green Family Foundation and Firstrust Bank at the 53rd annual Samuel A. Green Scholarship program ceremony. The event — one of the region’s most renowned — granted $180,000 in total to 29 students. Seven of them live in…
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Wiser Wealth: When is the Right Time to Let Your Family Have an Inheritance?
By Chris Isaac Oftentimes when people think about the distribution of an inheritance, they picture the whole family assembled around a lawyer reading out a deceased person’s will. However, nothing is stopping a person from giving out their inheritance while still alive. So if that money could make a big difference for a relative now,…
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