Business
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Beach Bungalows or Ski Chalets, Penn Community Bank Can Help Keep Vacation Homebuyers from Getting Burnt or Snowed Under
As quickly as a Nor’easter can wreck a beach trip or a run of global-warmed spring air can melt the enthusiasm of a ski weekend, a vacation home ownership dream can quickly become a nightmare. With advice from Penn Community Bank, however, escapists seeking respite from their ordinary work-home-chores-sleep routines can slip away to a…
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WSFS Bank Study Finds Americans Are Confident About Achieving Their Financial Goals
Nearly three-quarters of Americans (72 percent) feel confident they will achieve their financial goals, according to a new WSFS Bank survey. However, two-in-five (39 percent) said they’re not confident they can keep pace with inflation’s impact on goods and services, and nearly a quarter (24 percent) say having poor credit prevents them from using financial…
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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 attempts, 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 Fraud Scammers don’t discriminate…
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Wiser Wealth: Opportunity Zones Tax Benefits: Reaping the Rewards of Land Investments
If you have heard of qualified opportunity zones you have likely heard a bit of talk about the tax benefits of investing in them. Sensiba San Filippo had a post on the topic, giving a thorough explanation of what opportunity zones are and their different uses of them. But here is the interesting part for…
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Wall Street Journal: Vanguard Devises Ways to Help Remote Employees Stay Connected
In the current world of high turnover and remote work, companies like Vanguard are trying new ways to help co-workers bond and stay connected, writes Te-Ping Chen for The Wall Street Journal. Vanguard recently implemented a peer recognition program that allows co-workers to send each other e-cards to show their appreciation for above-and-beyond efforts. Working remotely…
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Penn Community Bank Hires New Compliance Officer
Penn Community Bank has hired Connie M. Hooks as VP, BSA Officer. In her new role, Hooks will oversee the organization’s Bank Secrecy Act (BSA) compliance program. Hooks has been officially certified for her work in anti-money laundering and BSA responsibilities. She comes to Perkasie from a former bank position in Harrisburg. As BSA Officer,…
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Wiser Wealth: Become an Active or Passive Real Estate Investor
Most people realize that there is significant money to be made in real estate. However, the high cost of getting in is also daunting to those without experience who are fearful of wasting money. Debt.com had an article on the subject, and here are the highlights of what they recommend for those looking at some…
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Top Tips for Buying Your Dream Vacation Property
Each year, when winter and summer seasons eventually fade, vacationers to the Pocono Mountains or the Jersey Shore respectively pack their belongings, head home, and count the days before a return trip. But often a question blossoms among departing renters: Since we love it here so much, should we consider a second-home purchase instead of…
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Krimpets and Cryptocurrency in One Stop: Doylestown Store Gains Bitcoin ATM
The Global Gas Station at 3611 North Easton Road in Doylestown enables the purchase of most convenience-store merchandise: fuel, newspaper, Tastykakes, lottery tickets. But now, customers can also purchase (and sell) Bitcoin, using an onsite ATM. The functionality comes from supplier Hippo Kiosks LLC, located in Whitehall in the Lehigh Valley. The machine allows customers…
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Wells Fargo Bank Unhitches Another Bucks County Location from Its Team of Branches
The Wells Fargo branch at 120 N. Pine Street, Langhorne, will soon close, joining the financial institution’s 49 other darkened regional locations this year. Jeff Blumenthal explained the thinking behind the shuttered locations in the Philadelphia Business Journal. The bank has filed paperwork with the Office of the Comptroller of the Currency to notify the…
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Federal Reserve Bank of Philadelphia Appoints Meridian Bank CEO to Its Advisory Council
The Federal Reserve Bank of Philadelphia has appointed Meridian Bank CEO Chris Annas to a three-year term on its Community Depository Institutions Advisory Council (CDIAC). The 12-member council is composed of representatives from commercial banks, thrift institutions, and credit unions. The group convenes twice a year with officials from the Federal Reserve Bank of Philadelphia…
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A Suspension Pa. Students Won’t Fight: The Pause on Student Loan Payments
In perhaps a twist on the concept, students in Pa. are appreciative that they’ve gotten a suspension. In this case, it’s the Biden administration’s pause on repayments of federal student loans — a temporary relief action that many hope will continue. Taylor Allen and Mike D’Onofrio studied the implications for Axios. U.S. student debt has…
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C&N Bank to Engaged Couples: Cut the Wedding Expenses Along with the Cake
Getting married is a big commitment, emotionally and financially. Wedding expenses in Pa. average $23,025, which can be a significant hit to the newlyweds after they return from the honeymoon. Establishing a budget, sticking to it, and avoiding unexpected charges will therefore help make the day as wonderful as imagined, both long- and short-term. Who’s…
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Why Your Small Business Should Take the Long View on Inflation
When you hear and read about inflation, the attention is typically placed on inflation’s impact on the cost for consumer goods, and for good reason. High inflation hits people where it hurts most — their wallets. But small business owners and operators must deal with inflation’s impacts as well, and as it continues to be…
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Still Strong Foundation to Honor Meridian Bank’s Chris Annas for His Impact Within Pediatric Cancer Community
The Still Strong Foundation, a nonprofit that assists families whose children are battling cancer, will honor Meridian Bank CEO Chris Annas with its 2022 Still Strong Corporate Responsibility Award at the sixth annual For Our Children Gala on April 1 at The Lucy in Philadelphia. The bank has been a longtime supporter of the Still…
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C&N to Relocate Its Paoli Office to Chesterbrook
C&N plans to relocate its office at 1500 East Lancaster Avenue in Paoli to 500 Chesterbrook Boulevard in Wayne. The relocation is expected to be complete this summer with an opening tentatively scheduled for mid-June. The 2,400-square-foot, free-standing branch will provide customers with improved convenience and easier accessibility. After renovations, the branch will feature an…
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Wiser Wealth: The American Dream of Home Ownership Needs an Update
Fifty years ago it was legitimately possible for a single-income family to become homeowners as young adults. Here in 2022, even with two partners both bringing in a salary and no kids, owning a house is beyond the reach of many young adults. Inflation has been significant across the board, especially on real estate. But…
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Women in Banking: WSFS Bank Supports Women as They Climb the Corporate Ladder
Statistics indicate that there’s an almost equal share of men and women working at the entry level of the financial services industry. However, the number of women declines with each rung up the corporate ladder. WSFS Bank fosters an environment where women are supported, and it has an impressive roster of women to prove it.…
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