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Diversify Your Portfolio: The Art Of Selecting Alternative Investments
Let’s face it, the world of alternative investments is big and getting bigger. So what should you look for when selecting an alternative investment? The fact is that there are four basic ways to invest in assets other than stocks and bonds: If you can invest directly into the underlying asset (like a $30M distribution…
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See How Much Philadelphians Are Earning
The great Philadelphia salary report of 2024 is out, providing us with a chance to see what locals are earning, from CEOs and athletes to drag queens and 911 dispatchers, writes Victor Fiorillo for Philadelphia Magazine. With $32.1 million, Comcast CEO Brian Roberts is the highest-paid CEO at any publicly traded company in the region.…
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Is Relationship Banking Right for Your Business?
As a business owner, you likely understand the value of building loyalty and trust. It’s not just beneficial for your business — it can also enhance your customers’ experience and perception of value. Cultivating a deeper connection can benefit you and your customers long-term. The same is true for your relationship with your financial institution.…
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Valley Forge Tourism & Convention Board’s 18th Annual Rev Run Achieved Record-High $80K Donation to Valley Forge National Historical Park
The Valley Forge Tourism & Convention Board (VFTCB) raised a record $80,000 for Valley Forge National Historical Park through funds from the 18th annual Valley Forge Revolutionary 5-Mile Run (Rev Run) and 2-mile walk. More than 1,200 runners and walkers from 19 different U.S. states competed in this year’s hybrid event contributing to the record-breaking donation.…
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End of Summer Metro Esports Camp at Gwynedd Mercy University
Gwynedd Mercy University (GMercyU) is offering a four-week Esports & Gaming Summer Camp in partnership with Metro Esports this summer for students in grades three to seven. The camp will focus on Fortnite and Roblox and offered on the following weeks, with the option to register for one, two, three, or all four weeks: The…
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First Bank Recognizes Top Performers Following Year of Record Growth in 2023
First Bank has promoted 38 employees who played key roles in supporting customers and communities while helping the bank thrive and grow amid a record 2023. Some notable promotions within senior leadership include Darleen Gillespie, Chief Retail Banking Officer, promoted to Executive Vice President; Michael Smith, Director of Small Business and Corporate Development, promoted to…
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Penn Community Bank’s Jeane Vidoni To Lead PA Bankers’ Federal Government Relations Efforts
Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, has shared that President and CEO Jeane M. Vidoni has been named Chair of the PA Bankers Association’s Federal Government Relations Policymakers and Direct Contact Bankers Committee. In her role, Vidoni will lead the statewide industry association’s volunteer team which coordinates and actively participates in grassroots…
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Protecting Your Finances: First Bank’s Best Practices Against Check Washing and Theft Scams
The United States Postal Inspection Service recovers over $1 billion in fraudulent checks and money orders yearly. If you mailed a paid check, but the recipient never received it, criminals may have stolen it. Fraudsters are targeting paper checks sent through the mail. Once they have a check you mailed, they use chemicals to “wash”…
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Eastern University Launches New BS in Health and Physical Education
Eastern University now offers a Bachelor’s degree in Health & Physical Education. This program equips graduates with the knowledge and resources they need for careers teaching lifelong habits of physical activity and healthy living to students from preschool to 12th grade. The degree program offers theory courses merged with hands-on teaching assistant experience in various settings.…
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Understanding EBITDA as A Key Metric in Obtaining SBA Financing
Within SBA financing, EBITDA is a crucial metric used by SBA Lenders. It’s an acronym for Earnings Before Interest, Taxes, Depreciation, and Amortization and measures a company’s operating performance without factoring in certain non-operational expenses. EBITDA highlights the exclusion of these specific expenses to provide a clearer picture of a business’s operational efficiency. EBITDA provides…
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Homebuying in 2024: Are Discount Points Worth the Cost?
When compared to previous years, 2023 mortgage rates skyrocketed, making homebuying difficult or even out of reach for some. In an attempt to alleviate this challenge, many homebuyers turned to discount points, which essentially means they paid extra money upfront to lower their interest rate. Think of it like a VIP pass to a lower…
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Fort Washington-based Toll Brothers Pulls Out of Apartment Development in Ardmore
Fort Washington-based Toll Brothers has decided to part ways with King of Prussia-based Piazza Auto Group on an apartment project in Ardmore, writes Jake Blumgart for The Philadelphia Inquirer. The development, which is slated to be Ardmore’s largest apartment building, would replace the Acura and Volkswagen dealerships owned by Piazza. The auto group does not…
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FirstBank Charitable Foundation’s Better Giving for Greater Impact Summit: Uniting for Positive Change
On May 9, the FirstBank Charitable Foundation will present its pioneering event in philanthropy, the Better Giving for Greater Impact Summit. This groundbreaking summit brings together a diverse array of stakeholders committed to making a meaningful difference in the communities it serves. From nonprofit leaders to philanthropists, community funders, and local businesses, this summit aims…
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Patrick Hart Joins Meridian Bank as SVP, Commercial Lending
Meridian Bank has appointed Patrick Hart to the position of Senior Vice President, Commercial Lending. As part of the bank’s Chester County team, he’ll partner with commercial and industrial organizations throughout that community. Hart received his undergraduate degree in accounting from Drexel University, followed by an MBA in finance from Drexel. He has spent his…
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Eastern University Alum Named School Nurse of the Year
Eastern graduate Emily Hunter, M.Ed., BS, RN, CSN, has been named the Pennsylvania School Nurse of the Year by the National Association of School Nurses for 2024. Hunter received her Master of Education in School Health Services from Eastern in 2021. The previous Eastern Eagle currently works at Rhawnhurst School in Philadelphia, where she has…
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Wilmington University Opens the Door to a New Health Career With the Interdisciplinary Care Management Certificate
While working toward her bachelor’s degree in Health Sciences, Jhovana Preciado wondered, “How can I make myself stand out?” She found the answer in Wilmington University’s Interdisciplinary Care Management Certificate. “I don’t think many people realize how certificates play an important role when you graduate,” she said. “This one’s specially designed for management, so it’s…
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Savings, MMA or CD: How Do I Know Which Is Best?
The week of Apr. 8-12 is America Saves Week 2024. Since 2007, America Saves Week has been calling on everyday Americans to commit to successful saving. With the support of numerous participating organizations, First Bank encourages individuals to conduct a financial check-up, gain insight into their finances, set savings goals, and develop plans to achieve…
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Philadelphia Leadership: Danielle Geyer, Executive Director, Freedom Village at Brandywine
Danielle Geyer, Executive Director of Freedom Village at Brandywine, spoke to PHILADELPHIA Today about growing up in Abington, playing on a boys’ soccer team with her twin sister when they were young, and learning the importance of customer service at her first part-time job as a cashier at CVS pharmacy. Geyer discussed why she chose…
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