Banking & Finance
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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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Meridian Bank Opens Main Line Flagship Location in Wayne
On Wednesday, June 14, Meridian Bank debuted their flagship Main Line office with an official Ribbon Cutting Ceremony in downtown Wayne. Meridian executives, VIP customers, prominent business owners and local influencers attended the celebration which showed a first look at the inside of the newly renovated location at the intersection of N. Wayne and Lancaster…
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McCarthy & Company Merges Into New York Tax and Accounting Firm
A tax and accounting firm headquartered in Blue Bell, McCarthy & Company merged into Marcum LLP, based in New York, writes David Winzelberg for the Long Island Business News. While the terms of the agreement were not disclosed, McCarthy adds 70 partners and associates to Marcum. McCarthy’s offices in Blue Bell, Pennsylvania and Tinton Falls,…
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Bucks County Leadership: Georgann Berger McKenna, EVP and Chief Human Resources Officer, Penn Community Bank
Georgann Berger McKenna, Chief Human Resources Officer at Penn Community Bank, recently sat down with BUCKSCO Today to discuss her role at the bank and career path from high school teacher to the C-Suite at the region’s largest mutual bank. In our conversation, McKenna talks about the lessons she learned working on a blueberry farm…
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Applying for a Mortgage: Top Dos and Don’ts
Buying a home for the first time is likely the largest purchase people will make at that point in their lives. And for those looking to upgrade their home, the financial stakes are higher. With that comes a lot of preparation, responsibility, and even stress. A recent WSFS Mortgage survey found that 37 percent of…
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The Last Time Firstrust Vice President Mort Kolman Sought Employment, James Tate Was Philadelphia Mayor and Richard Nixon Was President
In the current era of career pivots and midlife-crisis profession overhauls, Mort Kolman is a standout. This banking-industry veteran has had but one employer over his 60-year career. He is Vice President of Business Development at Firstrust Bank, which underwent some rebrandings over the decades but remains at its core the same institution that hired…
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Penn Community Bank Holding Massive Region-Wide Day of Service
Eastern Pennsylvania’s largest mutual bank, Penn Community Bank, will hold its second annual Day of Service today. Locations will be closed early and over 300 team members will be volunteering at different places across the region. In addition to hundreds of volunteer hours, the bank is also contributing $150,000 to regional nonprofit partners. Volunteer sites…
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Green Family Foundation and Firstrust Bank Award $365,000 to 24 High School Seniors
The Green Family Foundation and Firstrust Bank recently awarded 24 high school seniors from Greater Philadelphia and the Lehigh Valley with $365,000 in college scholarships at the 54th annual Samuel A. Green Scholarship Program ceremony. The Samuel A. Green Scholarship Program, one of the region’s most renowned high school scholarship programs, granted two-year college scholarships…
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WSFS Bank Teams Up with Philadelphia Union to Launch Co-Branded Debit Card
As the official bank and community supporter of the Philadelphia Union and Subaru Park, WSFS Bank has teamed up with the Major League Soccer franchise to launch a co-branded debit card. WSFS is offering a one-of-a-kind design that features the Philadelphia Union logo and colors to showcase fan support for their hometown team. The card…
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New Meridian Bank Partnership Will Launch Business Credit Card Program
Meridian Bank has partnered with Corserv, a company that empowers banks and fintechs with payment programs, to implement an industry-leading credit card program to serve Meridian’s business and commercial customers. Meridian Bank is a $2 billion full service commercial bank, founded in 2004 and headquartered in Greater Philadelphia with offices in Pennsylvania, New Jersey, Delaware,…
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Bucks County Leadership: Lewis Cyr, Chief Lending Officer, Penn Community Bank
Lewis Cyr, Chief Lending Officer at Penn Community Bank, spoke to BUCKSCO Today about his role at the bank and his career path from growing up the youngest of six children in a small factory town to the C-Suite at the region’s largest mutual bank. In our conversation, Cyr shared the two key lessons he…
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Access to Capital 101: Explore Your Options
For many small business owners, taking the next step with their business’s growth comes down to available cash flow. Managing cash flow and comparing it to a business’s financial projections allows owners to make important financial decisions to help sustain and grow their business, like applying for a loan. However, gaining access to the capital…
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After 20-Plus Years at the Helm, Citadel Credit Union CEO Announces Retirement
Jeff March, Citadel Credit Union’s longtime President and CEO, will retire by the end of the year, after his successor is selected. This announcement was first shared via an internal memo to all Citadel employees. March began working at Citadel 40 years ago in 1983 and has been in his current leadership role since 2001.…
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Citadel Credit Union Enjoys Significant Growth After Assets Increased 20 Percent Last Year
In 2022, Citadel Credit Union’s assets increased a record-breaking 20.1 percent from $4.6 billion to $5.6 billion. During the year, Citadel continued to have strong deposit growth at 15.7 percent over 2021. Not only was 2022 a significant growth year for Citadel, it was also named a Best-in-State Credit Union by Forbes. As recently as…
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C&N Promotes Tom Howley to Vice President and Commercial Lending Relationship Manager II
C&N announces that Thomas Howley has been promoted to Vice President and Commercial Lending Relationship Manager II, based in Doylestown. Howley has been with C&N since 2020, joining through the Covenant Bank acquisition. In his role as Commercial Lending Relationship Manager, Howley demonstrated a commitment to: He was instrumental in guiding his clients and prospects…
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Wells Fargo Announces Closure of Washington Crossing Branch Location
Wells Fargo is closing two more branches in the region, including one in Bucks County, as its customers continue to shift more toward banking using their phones and computers, writes Jeff Ward for WFMZ 69 News. “Wells Fargo has made the difficult decision to close the Washington Crossing branch (Bucks County) and West Lawn branch…
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