Banking & Finance
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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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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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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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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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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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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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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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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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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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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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