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Should You Wait for Rates to Come Down Before Buying a Home?
If you’ve been wondering whether you should wait for mortgage rates to come down before you buy a house, you’re not alone. High rates and home prices have made many prospective buyers decide to sit out of the housing market. Over the past few years, we’ve seen mortgage rates climb from as low as three percent…
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Firstrust Bank Sponsors Southampton Days 4th of July Parade
Firstrust Bank, a family-owned financial institution with a 90-year legacy of fostering trust and stability through generations, is once again sponsoring the Southampton Days 4th of July Parade in Bucks County. Beginning at 9:30 AM, the parade will form at Jaymor Road in Southampton and proceed north on Second Streek Pike, before ending at Klingler…
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Once-Perfect Match of Private-Equity and Pension Funds Creating Expensive Problems for Investment Managers
Private-equity and pension funds were once considered a match made in heaven, but now the honeymoon period seems to be over, writes Heather Gillers for The Wall Street Journal. When companies and states in the U.S. first started handing over control of some worker retirement savings, they received a promise of high returns after 10…
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Former Governor: The Legislature Should Reject Any Attempt to Create a Different Tax Rate for So-Called ‘Skill Game’ Devices
Twenty years ago this week, I was in my second year as Governor. My team and I were in the midst of negotiating the State Budget for 2004-2005. A major part of that budget involved passage of the Gaming Act, which brought casino gaming — slot machines to be exact — to the Commonwealth. Gaming industry…
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Philadelphia Mayor Taps into Entrepreneurial Wisdom of Firstrust Bank’s Richard J. Green
Philadelphia Mayor Cherelle Parker recently launched a new business-roundtable initiative that leverages the expertise and influence of prominent local leaders in order to capture the voice of the business community and ultimately improve the ease of doing business in Philadelphia. There are nine different sector roundtables, each focused on some industry or aspect of doing…
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Like Its Banking Partner, Kieffer’s Appliances in Lansdale Captures Spirit of Family-Run Businesses
Under the stewardship of four generations of the Kieffer family, Kieffer’s Appliances in Lansdale has been serving residents of the Delaware Valley for more than a century and captures well the spirit of family-run enterprises. Sunday, June 23, was National Family Owned & Operated Business Day, a time to recognize and promote the contributions of…
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Key Questions to Consider When Crafting Your Effective Tax Strategy
With April 15 behind us, many business owners view this as a chance to set aside thinking about taxes for months. While they will pay their quarterly estimates and work with their CPA to address any notices they receive, these business owners welcome the opportunity to not think about taxes until next year’s busy season.…
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C&N Teams Raise More Than $98,000 for Local Senior Citizens
As a community-oriented financial services institution, C&N teammates raised more than $98,000 in 2023 through the bank’s Giving Back, Giving Together program to support local senior organizations. In addition to monetary donations, teammates collected 3,022 essential items and volunteered 166 hours at senior centers. C&N partnered with these organizations that support seniors, helping to ensure…
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Community Support Could Secure $200 Million for Trail Development in Greater Philadelphia
More trails to walk, run, ride, and enjoy could be coming to the Greater Philadelphia region soon, thanks to potential landmark funding from the Delaware Valley Regional Planning Commission (DVRPC). The Circuit Trails, a network of more than 411 miles of multi-use trails in the region, is eligible to receive more than $200 million in…
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Nearly 1,500 WSFS Associates Volunteer Across the Region for ‘We Stand for Service Day’
Nearly 1,500 WSFS Bank associates volunteered at more than 130 community organizations across the region on June 12 as part of the bank’s second annual “We Stand for Service Day.” The company-wide day of giving back through volunteerism saw these associates band together to volunteer more than 5,000 hours and make an impact at organizations…
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The Era of Higher Savings and Bond Rates Continues; Make Moves with Your Cash Now
Americans keeping their money in savings accounts in commercial banks are losing a lot of potential earnings amidst surging returns on bonds and other savings vehicles, write Oyin Adedoyin and Ashlea Ebeling for The Wall Street Journal. Many people have already taken advantage of the era of higher savings and bond rates ushered in by…
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Firstrust Bank’s Richard Green Wins Ernst & Young’s Entrepreneur of the Year Greater Philadelphia Award
Ernst & Young has named Richard J. Green, Executive Chairman and Owner of Firstrust Bank, a winner of its esteemed Entrepreneur of the Year 2024 Greater Philadelphia Award. Green was celebrated, along with other esteemed business leaders, during a recent ceremony at Philadelphia Country Club. Green was one of 30 regional entrepreneurs selected as finalists…
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RKL Virtual Grows Outsourced Solutions with Kauffman CPA Company Merger
RKL LLP has announced a merger with Lancaster-based Kauffman CPA Company, effective July 1, that will add further expertise to RKL Virtual Management Solutions’ spectrum of outsourced accounting, financial management, human resources, and payroll services. “For over a decade, Kauffman CPA Company has built strong relationships with small and medium-sized businesses by helping them navigate the day-to-day…
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Independence Blue Cross and Benefits Data Trust Form First-of-Its-Kind Collaboration in Philadelphia Region
Independence Blue Cross and Benefits Data Trust have formed the first collaboration of its kind in the Philadelphia region to help certain commercially insured members enroll in public benefit programs. These public benefit programs can help members pay for vital resources like food, childcare, health services, housing, and utilities. Despite the positive impact of these programs, many…
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PECO Ready to Meet Customer Energy Demands, Extreme Summer Weather
With the official start of summer just around the corner, PECO has been hard at work ensuring the company’s critical electric infrastructure is prepared to handle increased demand as temperatures heat up and as the seasons change. This proactive effort also includes infrastructure work to strengthen the local energy grid to help prevent those outages…
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In Honor of Pride Month, Citadel Credit Union Offers List of Resources for LGBTQ Business Professionals/Entrepreneurs
In today’s increasingly diverse workforce, members of the LGBTQ community hold more leadership positions than ever before and LGBTQ entrepreneurs play a vital role in driving innovation and economic growth. However, members of the LGBTQ community can face unique challenges on their journey to success. Fortunately, there are a variety of resources available to assist…
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IBX’s Friendly Farm Stands Help Seniors Make Healthy Food Choices, Build Strong Connections with Neighbors
Independence Blue Cross has been helping seniors in the Philadelphia region make healthy food choices and connect with their neighbors through Friendly Farm Stands. These stands provide seniors with a variety of locally sourced fruits and vegetables, tote bags, recipe cards, and flowers and plants at no cost. The events also feature a photo booth…













































