Business
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C&N Energizes Its Customer Base with Celebrate Summer Sweepstakes, Gives Away $15,000
C&N has awarded three lucky customers $5,000 each in its Celebrate Summer Sweepstakes, held June through August. After a year of pandemic hardships, C&N energized its customer base this summer with an exciting sweepstakes promotion, whereby a lucky winner was chosen each month to receive $5,000. Participants were automatically entered when they opened a new…
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King of Prussia Mall Owner Could Present Attractive Stock Option Before Holiday Season
Simon Property Group, owner of King of Prussia Mall and Philadelphia Premium Outlets in Limerick, could present an attractive stock buying option ahead of the holiday season, writes Portfolio Navigator for Seeking Alpha. Thanks to the very talented team at its helm, Simon has been a strong performer over the last several years. The company’s…
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Customers Bank CEO and President Sam Sidhu Shares Executive Insights
Sam Sidhu, the new CEO and President of Customers Bank, spoke with Sandy Smith, Market President and Publisher of the Philadelphia Business Journal, about plans for the bank’s expansion and other news during a feature video that is part of the Philadelphia Business Journal’s Executive Insights series. The one-on-one interview introduced Sam Sidhu to numerous…
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Wiser Wealth: The Biggest Tax Changes Coming in 2021
Nobody looks forward to tax season. That is why most of us just file all our important documents when they are due and then put the whole thing out of mind until it is time to do it again next year. But that method can lead to some bad surprises regarding what regulations have changed.…
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Migration to Online Transactions Surprisingly Hasn’t Caused a Regional Run of Bank Branch Closures
While the pandemic has accelerated the transition from brick-and-mortar to digital banking, the online trend hasn’t led to widespread bank branch closures in the Philadelphia region. In fact, overall branch counts in the area are down just three percent in a year-over-year analysis ending in June. Jeff Blumenthal reported the details for the Philadelphia Business…
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Wiser Wealth: With Tax Season on the Doorstep, Now is the Time to Consider Qualified Opportunity Funds
Financial fluctuations of late have created some major problems in some areas, and major opportunities in others. For people looking to reap a profit from stocks and properties, the year has proven fortuitous. But that inevitably leads to concern about how much could be lost to capital gains taxes. In an article for Islander News,…
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Pennsylvania Bankers Association Recognizes Penn Community SVP Jacob Iampietro as a ‘Future Under 40’ Honoree
Penn Community Bank is pleased to announce that Jacob Iampietro — Senior Vice President and Director of Retail Banking — has been named a winner in the Pennsylvania Bankers Association’s (PA Bankers’) inaugural Future Under 40 Awards. The honor recognizes only 10 banking-industry leaders, aged 40 and younger, who have made a tremendous impact in…
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Wiser Wealth: Want the Freedom to Invest in Hedge Funds and Startups? Become an Accredited Investor
In August of 2020 the Securities and Exchange Commission (SEC) narrowly approved a vote to expand its definition of who qualified as an accredited investor. Previously, an investor needed to be an “Accredited Investor” which is to say they needed to have $1 million in net assets, not including their primary residence, or more than…
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Meridian Bank Named Top Lender
Meridian Bank was one of the nation’s most successful loan producers in 2020 in the area of mortgage and consumer lending, writes Ed Avis for the Independent Community Bankers of America. The ICBA, a trade group that creates and promotes an environment where community banks flourish, annually ranks the most successful loan producers in the…
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Wiser Wealth: Not an ‘Accredited Investor’ Yet? Four Steps to Take to Earn the Designation
Despite their best efforts, many people never wind up rising higher in their income bracket and thus never achieve the “accredited investor” status. It’s easy to attribute that to expenses going up, but another reality is many people get tunnel vision on a career that isn’t getting them where they want to be. That doesn’t…
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Nix the Neckties and Banish the Briefcase: Bucks County Ranks Among Best Locations to Retire in Pennsylvania
Once a professional career is over and it’s time to choose a landing spot for that golden parachute, Bucks County emerges as one of Pennsylvania’s best options. Stacker, compiling a list from Niche data, analyzed the factors that contribute to our being one of the best locations to retire. The metrics that led to Bucks…
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Market Leader’s Experience as Title-Winning Lacrosse Star Informs Success of a Centric Bank Devon Office
As the Senior Vice President and Market Leader of the Centric Bank commercial lending office in Devon, Chris Bickel leans on the experience he gained as a lacrosse player to grow and service an expanding portfolio of clients. A Berwyn native, Bickel was an all-state lacrosse player at Conestoga High School. He earned an athletic…
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First Resource Bank Provides Tools to Help Protect Community from Identity Theft, Cyber Scams
First Resource Bank is taking a proactive approach in helping its customers and the community protect themselves from becoming victims of identity theft and cyber scams. With the ever-increasing threats that businesses and consumers face on a daily basis, taking the proper precautions to protect personally identifiable information has never been more important. To help…
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Ka-Ching! Bucks County Ranks Highly Among 50 Highest-Earning Counties in Pennsylvania
Bucks County is one of the highest-earning counties in Pennsylvania, according to a new report by Stacker. To determine the highest-earning areas, Stacker used data from the U.S. Census Bureau to rank counties by 2019 five-year estimated median household incomes. Bucks County ranked third, with a median household income of $89,139. The figure is 44.4…
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Philadelphia Business Journal Names Penn Community Bank Marketing Director One of Its 25 Diversity Leaders
Penn Community Bank is pleased to announce the Philadelphia Business Journal‘s recognition of Bernard Tynes, Senior Vice President and Director of Marketing and Data Analytics, as one of the publication’s 25 diversity leaders. “Diversity, equity, and inclusion — from race and ethnicity to gender identity and sexuality — have become top of mind for businesses…
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Meridian Bank Seeks to Enrich the Communities It Serves, Donates $5,000 to Local History Center
Meridian Bank recognizes its responsibility to enrich the communities it serves. Since the bank’s inception in 2004, it has contributed millions of dollars to local charitable organizations and civic institutions. In Pennsylvania, the EITC (Educational Improvement Tax Credit) Program allows eligible businesses to receive tax credits in exchange for donations to pre-approved charitable and/or civic…
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C&N Partners with ABA in Effort to Teach Teens How to ‘Get Smart About Credit’
C&N is teaming up with the American Bankers Association Foundation’s Get Smart About Credit program as part of an ongoing effort to teach teens how to manage their money. Now in its 18th year, Get Smart About Credit is a national campaign of volunteer bankers who visit classrooms and community organizations across the country to…
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Wiser Wealth: Outside the Box Investments Opportunities Available to Accredited Investors
The most common ways to be considered an accredited investor are to either have a net worth of more than $1 million or to have an annual income exceeding $200,000. Meeting that criteria will give you the status to make exclusive types of investments. But maybe you are still new to learning about accredited investors…
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