Banking & Finance
-
First Bank Shares 4 Risks of Using Buy Now, Pay Later
The FTC has designated Mar. 3-Mar. 9 as National Consumer Protection Week. Recognizing that, we at First Bank share information about Buy Now, Pay Later financing options. If you’ve explored online shopping, chances are you’ve come across buy now, pay later (BNPL) options. You might have even utilized this method to purchase items, either directly…
-
In Honor of Women’s History Month, Citadel Credit Union Offers List of Local Resources for Women in Business
More and more women are fulfilling top leadership roles in business. According to the Pew Research Center, women made up 30.4 percent of sitting board members for Fortune 500 companies in 2022, 32.8 percent of university presidents, and an all-time high of 10.6 percent of Fortune 500 company CEOs. Additionally, more women are starting their own…
-
First Bank Shares Strategies To Better Understand Credit Scores and Reports
March is recognized as Credit Education Month, and we at First Bank are delving into the essentials of credit scores and credit reports and highlighting why they hold significance. We will also offer tips on how you can improve them. What’s a Credit Score? Think of your credit score as a compass guiding you through…
-
Penn Community Bank Releases Its 2023 Impact Report
Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, has released its 2023 Impact Report. The 50-plus page report, released annually, highlights the bank’s impact on its customers, communities, and team members. “As a mutual bank, we don’t have annual earnings reports. Instead, we focus on the people and relationships that power our region,”…
-
C&N Bank Builds Team with Seasoned Lending Trio in Lancaster and York
C&N Bank is expanding its business lending team in Lancaster and York with the addition of Peter Miklos, Chau Nguyen, and Nathan Edmunds. With a combined 85-plus years of commercial banking and lending expertise, the trio strengthens C&N’s commitment to providing comprehensive financial solutions to local businesses. “We’re excited to welcome Peter, Chau, and Nathan…
-
Bank of America To Open New North Philadelphia Location, 4 Others As Part of $47 Million Investment
Bank of America is planning to invest $47 million locally over the next two years, open five new locations in the Philadelphia area, and renovate all its existing sites, writes Jeff Blumenthal for the Philadelphia Business Journal. One of the five new locations in the region will be at 545 North Broad Street in North…
-
Fake Home Contractor Scams to Avoid
Most homeowners will need a contractor at one point or another. Whether it’s a new bathroom, replacing the kitchen cabinets, or fixing the deck, you want the work done right at a good price. Unfortunately, it can be hard to find a contractor you can trust, especially when there are scammers out there looking to…
-
WSJ: Republic First’s $35 Million Deal With Norcross-Braca Group Falls Apart
Concerns surrounding the stability of Republic First Bancorp are popping up again as a $35 million deal to help shore it has collapsed, writes Gina Heeb for The Wall Street Journal. In October, the Norcross-Braca group announced a $35 million capital infusion deal that was expected to close this February. However, the group said Republic…
-
Penn Community Bank Helps Break Ground on Philadelphia Affordable Housing
Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, joined Philadelphia Mayor Cherelle Parker, City Council President Kenyatta Johnson, and regional developers on Feb. 20 to celebrate the groundbreaking of 17 publicly-owned parcels for future Turn the Key homes in Philadelphia’s Grays Ferry neighborhood. Representing the bank and speaking at the event was…
-
WSFS Bank Celebrates Nearly 200 Years of Service for Its 192nd Birthday
To illustrate how long WSFS Bank has been serving the Greater Philadelphia and Delaware region, when the bank was chartered in 1832, electricity wouldn’t be available in homes for another 40 years. WSFS Bank, in fact, is seven days older than the city of Wilmington itself. This month, the bank celebrated its 192nd birthday and…
-
PNC Appoints University of Pennsylvania Grad As Its New President
PNC Financial Services Group has officially named Michael P. Lyons as its new president, writes Patty Tascarella for the Philadelphia Business Journal. Lyons is an alumnus of the University of Pennsylvania, having graduated from the school in 1993. He joined PNC in October 2011, serving as an executive vice president and head of corporate &…
-
Steven J. Weingarten Retires from S&T Bank’s Board of Directors
Steven J. Weingarten, 65, has decided to retire from the Board of Directors at S&T Bank and will not stand for re-election at the company’s 2024 Annual Meeting of Shareholders in May. “Steve has provided invaluable insights and guidance during his nine years on S&T’s board of directors, serving on numerous committees,” said Christine Toretti,…
-
Who Is the Sandwich Generation, and What Are Their Challenges?
You’ve probably heard a lot about Baby Boomers, Gen X, Millennials, Gen Z, and other generations, but have you heard about a group of people known as the sandwich generation? The sandwich generation can include adults from a variety of these age groups, but it generally refers to anyone who is caring physically, mentally, and/or financially for…
-
Penn Community Bank Supports Habitat for Humanity Build Project
Penn Community Bank, the largest independent mutual bank in eastern Pennsylvania, recently supported Habitat for Humanity of Bucks County’s current build project at the site of the former St. Thomas Aquinas School in Croydon. Team members spent the day working on various jobs throughout the site, which will include three single-family homes and follow the organization’s Land Trust…
-
First Bank Sheds Light on Online Dating Scams — and How To Turn Them Down
Dating scammers try to steal your heart … and your money. The rise of online dating sites and apps has made looking for love more convenient. Every day, millions of Americans turn to these resources to meet someone new. Sometimes, it’s a love match. Other times, it’s a scam. These con artists are experts at…
-
PNC Bank Plans To Open 100 New Locations, 2 in Philadelphia, With New $1 Billion Investment
PNC Bank recently announced that it is investing $1 billion to open more than 100 new locations — including two in the Philadelphia region — and renovate more than 1,200 existing branches through 2028, writes Jeff Blumenthal for the Philadelphia Business Journal. With 105 retail locations already, PNC is the third-largest deposit taker in the…
-
Finance Life Events with Your Home’s Equity
If you’ve been paying your mortgage for a while, you’ve probably built up some equity in your home. Home values statewide have increased 27 percent in the past 5 years according to data from multiple listing services. You may have heard of a home equity line of credit or loan, but you might not understand why…
-
Penn Community Bank Launches New Campaign Focusing on ‘Thriving Communities’
Penn Community Bank, the largest mutual bank in eastern Pennsylvania, is launching a new, multi-channel marketing campaign highlighting its role in supporting thriving communities throughout the region. “At Penn Community Bank, we believe that supporting thriving communities starts with building deep and meaningful relationships with our customers,” said Bernard Tynes, Chief Experience & Impact Officer. “That’s…
Founding Partners
Advertisement
Affiliate Partners
