Banking & Finance
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Penn Community Bank Stands with United Way of Bucks County to Support ALICE Families
Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, joined the United Way of Bucks County and fellow community banks as the Bucks County Commissioners officially proclaimed March 2025 as ALICE Awareness Month. This recognition highlights the challenges faced by hardworking yet financially constrained households across the county. According to the United Way,…
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South Philadelphia Real Estate Developer Acquires 11 Fulton Financial Branches
South Philadelphia real estate firm Hightop Development has acquired 11 Fulton Financial Corp. branches, writes Jeff Blumenthal for the Philadelphia Business Journal. This is the latest chapter of the bank’s evaluation of its real estate after taking over the failed Republic First Bancorp last year. Steve Trapnell, the bank’s spokesman, said most of the sites…
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Philadelphia Leadership: Bill Brown, CEO, Citadel Credit Union
Citadel Credit Union is charting its next phase of growth and innovation, under the stewardship of new CEO, Bill Brown. With a deep member focus and commitment to strengthening the financial well-being of individuals, families, and businesses, Brown is driving Citadel’s mission to deliver superior banking solutions with a personal touch — expanding its reach,…
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S&T Bank Supports Community with Donations to The Children’s Home, Akron Children’s Hospital
On Feb. 13, S&T team members presented a check donation of $1,000 to The Children’s Home of Pittsburgh. Located just up the road from S&T Bank’s new branch in East Liberty, The Children’s Home & Lemieux Family Center is where holistic care meets family empowerment. The Children’s Home promotes the health and well-being of infants…
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Philadelphia Leadership: Matthew Bower, VP and Director of Wealth Management, C&N
Matthew Bower, Executive Vice President and Director of Wealth Management at C&N, spoke with PHILADELPHIA Today about growing up in Palm Beach, Fla., where his dad, also a banking executive, and a very talented jazz musician, inspired both his career and his diverse taste in music. He also shared how his work ethic drove him…
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Apply Now for S&T Bank’s Smart Start Scholarship for $2,500 in Funding for College or Vocational School
S&T Bank knows that a brighter tomorrow begins today and is excited to begin accepting applications for its Smart Start Scholarship. Scholarships are awarded based on academic achievement, leadership, character, and contributions to both the school and community. The scholarship is available for college or vocational schools in the U.S. to students who have an…
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Citadel Credit Union Strengthens Commitment to Region with Enhanced Focus on Philanthropy, Engagement
Citadel Credit Union is reaffirming its dedication to its members and to the Greater Philadelphia region through a renewed and comprehensive approach to philanthropy. By deepening its investment in community partnerships, employee-driven initiatives, and strategic giving, Citadel is positioning itself as a leader in fostering meaningful, lasting change across the region. As part of this renewed focus, Citadel…
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Firstrust Bank Honors Brotherly Shove Business Spotlight Contestants with Exclusive Event at Eagles Stadium
In the wake of the Philadelphia Eagles being crowned Super Bowl champions for the second time in the last seven years, Firstrust Bank recently celebrated the 450-plus businesses that participated in its Brotherly Shove Business Spotlight with a gathering at the Firstrust Bank Club and a tour of the Eagles stadium. The Brotherly Shove Business…
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PNC Bank Plans to Add New Branches to Philadelphia’s Lower-Income Neighborhoods
PNC will be opening branches in Philadelphia’s low-to-moderate income neighborhoods as part of the $88 billion community benefits plan the bank announced back in 2021, writes Jeff Blumenthal for the Philadelphia Business Journal. Earlier this month, PNC opened a new location at the Shoppes at LaSalle in North Philadelphia, in a strip mall adjacent to…
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Black-Owned Catering Business Writes Its Next Chapter, Thanks to Financing from Apex Commercial Capital
For years, Philadelphia native Sonya Combs had put her bachelor’s degree in Biobehavioral Health from Penn State to good use as an Intervention Training Specialist at the University of Pennsylvania. According to Combs, the job was great. Until it wasn’t. “I did a lot of traveling and had been to almost every country in the…
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Firstrust Bank Helps Iconic Philadelphia Food Brand Expand Its Presence in the Suburbs
Fried chicken and donuts may not have the longstanding history of a perfect pairing like, say, peanut butter and jelly. Or milk and cookies. However, when the combination of fried chicken and donuts burst onto the local culinary scene in 2011, with the opening of Federal Donuts & Chicken, it gave Philadelphians a whole new…
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Penn Community Bank Releases 2024 Impact Report
Penn Community Bank has released its 2024 Impact Report. This annual report details the bank and its charitable arm, Penn Community Bank Foundation’s, strategic investments in area programming and initiatives centered on financial education, housing, and strengthening the local economy. “As we enter 2025, Penn Community Bank stands stronger than ever – not only in…
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S&T Bank Named to Forbes America’s Best Banks List Second Consecutive Year
S&T Bank has been named to the Forbes America’s Best Banks list for the second consecutive year. Each year, Forbes evaluates the 200 largest publicly traded banks and thrifts by assets and ranks the top 100. “We are incredibly proud to again be recognized among the top performing banks in the country by Forbes,” said Chris McComish,…
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Citadel Credit Union Deepens Commitment to Commercial Banking with New Leadership, Enhanced Vision
Citadel Credit Union has taken a significant step forward in its long-term growth strategy, introducing new leadership for its Commercial Banking team and a reinforced commitment to providing cutting-edge financial solutions for businesses across the Greater Philadelphia region. To lead the Commercial Banking team, Citadel has appointed Thomas Sebok as Chief Commercial Banking Officer. Citadel’s enhanced Commercial Banking…
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First Bank Doubles Earnings in 2024
First Bank had a standout year in 2024, more than doubling its earnings to $44 million from just under $21 million in 2023 — the biggest jump among Philadelphia-area banks. The Hamilton, N.J.-based bank credited this growth to its acquisition of Malvern Bancorp in July 2023, along with strong loan growth and higher loan interest…
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Eagles at Super Bowl Is Big Win for Lincoln Financial in Radnor
The Radnor-based Lincoln Financial, the namesake for Lincoln Financial Field, is feeling pretty good about the Philadelphia Eagles making it back to the Super Bowl. No wonder. It’s benefitted more than just about any other business from the run, writes Jeff Blumenthal for Philadelphia Business Journal. The insurance company garnered a lot of attention when…
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Tax Checklist: 5 Things to Remember
No matter who you are or how much experience you have, tax season can feel daunting. There’s a lot to remember and a lot of factors to consider while filing. The American tax system, for instance, involves around 800 forms — some with convoluted rules and requirements. Luckily, there are plenty of resources, like this tax…
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A Century-Long Industry Innovator, Hatboro’s Acme Corrugated Box Finds a Kindred Spirit in Firstrust Bank
For more than a century, Acme Corrugated Box — a third-generation, family-owned manufacturer of corrugated packaging — has led its industry in product customization and technology adoption with top-of-the-line customer care and just-in-time solutions. An integral part of its customers’ supply chains, Hatboro-based Acme gets to know their exact packaging and business needs — then…
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