Business
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Wiser Wealth: WSJ – President’s Plan for Taxing the Rich Impacts Nation’s Highest Earners
When Donald Trump was president, he was heavily criticized for how little he paid in taxes. Trump, and fellow highly wealthy public figures, claimed they were merely savvy in utilizing tax loopholes. However, President Biden believes it is time for the rich to pay up. Proponents of tax breaks for the rich believe it contributes…
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Careers — Penn Community Bank
With more than $2.5 billion in assets and over 300 team members, Penn Community Bank is the largest mutual bank in eastern Pennsylvania. Our growth mission is to deliver solutions that genuinely serve the best interests of our individual and commercial customers in ways they cannot possibly experience at more traditional financial institutions. As a…
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HV Bancorp, Parent of Huntingdon Valley Bank, Doylestown, Is a 2021 ‘SmAll Stars’ Institution
Doylestown-based HV Bancorp is among 35 notable “SmAll Stars,” a list of financial institutions recognized by Piper Sandler, a leading investment bank and institutional securities firm. Jeff Blumenthal covered the inclusion for the Philadelphia Business Journal. To earn SmAll Star status, financial institutions needed to have a market cap below $2.5 billion and have cleared…
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Annual Philadelphia Salary of $100,000 Goes Further Here Than in Most of 50 Largest U.S. Cities
The quality of life achievable on a $100,000 annual salary varies significantly depending on the state and city of residence. But locally, a Philadelphia salary at that level goes far, writes Ashley Garrett for the Philadelphia Business Journal. Garrett cites research from GoBankingRates.com to determine the local reach of a six-figure yearly earning. Philadelphia provides…
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Penn Community Bank Announces Promotions, New Hire
Penn Community Bank is pleased to announce a series of promotions and new hiring, in line with the organization’s continued commitment to retail, business, and commercial banking. “Penn Community Bank is growing and finding new ways to best serve communities across our region. Whether through hiring or promotion, we are building a team of experts…
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Bob Marino, New President of Huntingdon Valley Bank, Seeks to ‘Capitalize on the Upheaval’ of Banking M&As
Bob Marino, new president of Doylestown-based Huntingdon Valley Bank, is wasting no time in targeting growth. He’s now staffing up with seasoned professionals to grow the $500-million-asset-size institution to a $1 billion one. Jeff Blumenthal reported on Marino’s plans for the Philadelphia Business Journal. Marino sees the current whirlwind of banking M&A activity as an…
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Wiser Wealth: You’re Named Executor of an Estate, Now What?
Being left in charge of someone’s estate is not something that people are usually prepared for due to how sudden the occasion can be. But it is an important responsibility and giving it some forethought now can save you aggravation later. Michael Pollock of the Wall Street Journal expands on what you should be considering.…
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Villanova Graduate Rick Wurster Now Head of The Charles Schwab Corporation
The new president of The Charles Schwab Corporation, Rick Wurster, is a graduate of Villanova University, writes the staff at fortworthbusiness.com. Wurster was appointed president by the Board of Directors on Oct. 12. He started his new role on Oct. 15. Wurster was managing director, heading up Schwab Asset Management. He joined Schwab in early…
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Prominent Local Wealth Advisor Dispels Bitcoin and Cryptocurrency Myths at Today’s NoonZOOM (Oct 21)
What is Bitcoin and how does it work? Is it backed by anything of value? What real-world usage does it have? Break through the myths and confusion of Bitcoin and gain a deeper understanding of cryptocurrencies on Thursday, Oct. 21 from 12-1 PM, when American Community Journals hosts a lunchtime NoonZOOM webinar entitled “Dispelling Bitcoin…
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Penn Community Bank to Deepen Montgomery County Footprint with High-Tech Lansdale Branch in 1Q22
Penn Community Bank is proud to announce its intended 1Q22 opening of a state-of-the-art bank branch and business center with innovative design in Lansdale. The new office — located at 490 Forty Foot Road — will expand the institution’s presence in Montgomery County and bring values-driven banking, lending, cash management, and investment services to businesses…
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Wiser Wealth: What Businesses Need to Know About Using and Accepting Cryptocurrency
What Businesses Need to Know About Using and Accepting Cryptocurrency for Payments More and more big-name companies are beginning to adopt accommodations to allow cryptocurrency holders to make purchases with them. Places like Amazon, Microsoft, Visa, and PayPal all now accept cryptocurrency but rely on services like BitPay to process it. So now other companies…
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Penn Community Bank Weaves Acts of Kindness into Bristol Branch Ribbon-Cutting Event
Penn Community Bank, the largest mutual bank headquartered in eastern Pennsylvania, celebrated the completion of its Bristol branch renovation with an October 13 ribbon-cutting ceremony. The construction project is one of an ongoing series of refreshes that Penn Community Bank is bringing to its branch system. The high-profile location of this branch, on Mill Street…
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Meridian Bank Again Earns ‘Sm-All Star’ Status as Top-Performing Bank
For the second year in a row, Meridian Bank has earned a spot on Piper Sandler’s “Sm-All Stars,” a list of top-performing U.S. small-cap banks. Piper Sandler, a middle-market investment bank and institutional securities firm, publishes this list annually in order to “uncover the next crop of stellar mid-cap banks before they are discovered by…
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Household Finances: Which Philadelphia Suburban Tenants Carry the Most Rent Debt?
Rent debt currently being borne by most Philadelphia suburban tenants is higher than national average, writes Taylor Allen for Yahoo News. Montgomery County has the highest average estimated household rent debt among the four counties, at $3,000. The amount is $450 higher than the national average of $2,550. Bucks and Chester renters are not far…
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Think You Can Recognize a Phone Scammer? Think Again
Phone scams are on the rise, with billions of robocalls targeting U.S. citizens each month. An estimated one in three Americans admit they’ve fallen victim to a phone scam in the past year. The numbers are staggering and can lead to significant losses to those who fall prey. From your financial partners at Benchmark Federal…
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Wiser Wealth: Cryptocurrencies Aren’t Just For Individual Investors as Corporations Cautiously Test the Water
Depending on who you ask, cryptocurrency is either part of the future that will eventually be widely adopted, or it is a fad with a value too mercurial to depend on (with Bitcoin frequently fluctuating by the double digits in value during trading). Some companies want nothing to do with it, while others are now…
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Newtown Resident Dr. Michelle Burroughs Joins WSFS Bank as VP, Director of Diversity, Equity, & Inclusion
WSFS Bank named Newtown resident Dr. Michelle Burroughs its new Vice President, Director of Diversity, Equity and Inclusion (DE&I). Dr. Burroughs will support WSFS in creating and delivering a work environment designed to foster a culture of inclusion and ensure the long-term sustainability of the company’s DE&I efforts. Of his new colleague, Michael L. Conklin,…
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Wiser Wealth: 5 Reasons to Consider Investing in Cryptocurrency
Perhaps you have been curious about dabbling in some cryptocurrency investment, but all the conflicting advice about doing so has caused you to hesitate. Such matters should definitely be considered carefully with the help of an expert, but maybe hearing from a proponent could help set your mind at ease. Lyle Daly expounds on this…
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