Banking & Finance
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LINKBANK Appoints Malvern Resident Joe Keefer as Senior Banking Officer in Delaware Valley Region
LINKBANK has appointed Joe Keefer as Senior Banking Officer in the Delaware Valley region. Keefer’s broad-based banking and leadership acumen makes him the ideal individual for the role of Senior Banking Officer. He brings an abundance of knowledge to the Bank, leveraging over 40 years of senior leadership expertise in the banking and real estate…
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5 Actions to Take Ahead of 2025 Tax Law Sunset
The Tax Cuts and Jobs Act of 2017 (TCJA) brought numerous changes to the tax code, including reduced individual income tax rates, significant increases to the standard deduction, and doubling of the estate tax exemption. The legislation also has a sunset provision, meaning many of the changes are set to expire at the end of…
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Audacy Officially Files For Chapter 11 Bankruptcy
After working diligently to avoid this course of action, Audacy has begun a prepackaged Chapter 11 bankruptcy protection proceeding, writes Jeff Blumenthal for the Philadelphia Business Journal. The bankruptcy filing came after Audacy reached a restructuring deal with a “supermajority” of its debtholders, which will reduce most of its $1.9 billion in debt. This would…
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Meridian Bank’s Executive Vice President of SBA Lending is a Team Player Both in and Out of the Workplace
Meridian Bank Executive Vice President Rocco Perate is a team player both in and out of the workplace. As the leader of the SBA Lending department, he coaches his team to help small businesses. With a goal to lead Meridian Bank to be the top SBA lender in the region for the fourth year in…
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WSFS Celebrates Grand Opening of 1818 WSFS Bank Place Banking Office and Wiss Fiss Lounge
WSFS Bank recently celebrated the grand opening of its banking office and the accompanying Wiss Fiss Lounge, marking another chapter in the bank’s commitment to Philadelphia. The new banking office is located at WSFS’ Philadelphia headquarters at 1818 WSFS Bank Place on Market Street. Located in the heart of Center City, the new banking office…
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Wall Street Journal: Audacy Will Likely File For Bankruptcy in Coming Weeks
Audacy is preparing to file for bankruptcy in the coming weeks as declining advertising revenue has resulted in the Philadelphia-based radio broadcaster being unable to service its nearly $2 billion debt load, writes Alexander Gladstone for The Wall Street Journal. The senior lenders with whom Audacy has reached an agreement in its bankruptcy plan will…
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Deadline Nears to Submit Nominations for Citadel Heart of Learning Awards
The Citadel Credit Union’s 23rd Annual Citadel Heart of Learning Awards program is rapidly approaching its nomination deadline of Jan. 15. This urgent call invites nominations for outstanding teachers across Bucks, Chester, Delaware, Lancaster, Montgomery, and Philadelphia counties who go above and beyond for their students at the elementary, middle, and high school levels. In addition…
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Bridging the Knowledge Gap: C&N Partners with ABA for Financial Education
As part of its dedication to community development, C&N has joined forces with the American Bankers Association (ABA) Foundation to cultivate financial literacy and empower individuals across generations. Together, their impactful partnership has already touched the lives of 1,704 individuals, planting seeds of security and harvesting hope for a brighter financial future. This spring, C&N’s passionate teammates…
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First Bank: Unleash Your Entrepreneurial Spirit
Any successful strategy should start with a plan. As we approach the beginning of another trip around the sun, we find people making resolutions for personal success in the following year. December is National Write a Business Plan Month, which presents business owners with a great opportunity to form concrete steps for supporting the success…
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American Heritage Credit Union Donates Hundreds of Gifts and Essentials to Local Families This Holiday Season
American Heritage Credit Union is celebrating its annual giving initiatives through its Adopt-A-Family Program and donation drives to embody its “people helping people” philosophy this holiday season. More than $22,800 was raised throughout the year through 23 fundraising programs hosted by the Adopt-A-Family Program. These funds are used to purchase gifts and essentials for over…
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Audacy Gets Additional Time To Pay Off $18.9 Million Debt, Avoid Bankruptcy
Audacy, the parent company of KYW Newsradio, recently signed another amendment to its credit agreement to gain additional time to avoid defaulting on $18.9 million in loans that would have come due by the end of this month, writes Jeff Blumenthal for the Philadelphia Business Journal. The company will now have an additional 68 days…
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Meridian Bank Ranked Top SBA Lender in Pennsylvania
Meridian Bank has been ranked a top lender in the Small Business Administration’s Eastern Pennsylvania District. Meridian Bank placed first in dollar volume and third in the total number of SBA 7(a) loans in the most recent SBA fiscal year 2023 (10/1/2022-9/30/2023). During that period, Meridian provided $128.8 million in 7(a) lending through 138 loans,…
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American Heritage Credit Union Kicks Off Annual Grand Illumination with Fireworks, Holiday Performances
American Heritage Credit Union — which has locations in Philadelphia, Bucks, Montgomery, Delaware, and Camden counties — recently kicked off its 16th Annual Grand Illumination at its main campus in Northeast Philadelphia. Attended by approximately 25,000 community members, the event featured free holiday performances, a fireworks display, and a grand prize drawing for a 2024…
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5 Hidden Costs of the Holiday Season
It happens every year. You think you’ve budgeted accurately for the holidays, but somehow you end up spending more — sometimes considerably so — than you intended. You might immediately think of gifts as the biggest issue, but there are hidden costs for items or services you don’t necessarily think about right up front. Come January, the…
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Nomination Period Opens for 23rd Annual Citadel Heart of Learning Awards
Citadel Credit Union has opened the nomination period for its annual Citadel Heart of Learning Awards program. Nominations will be accepted through Jan. 15, 2024. The program honors local teachers throughout Bucks, Chester, Delaware, Lancaster, Montgomery, and Philadelphia counties who go above and beyond for their students at the elementary, middle, and high school levels. Posters will…
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Barsz Gowie Amon & Fultz is Committed to Helping Clients Achieve Financial Freedom
When he was a junior studying accounting at West Chester University, William (Bill) Gowie Jr. was looking for an internship to support his future career path. He met Eugene Steger, who at the time was working with another accountant at an office in Malvern. Gowie landed an internship with the accounting firm and upon finishing…
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Republic First Bancorp Expected to Have $35 Million Investment Deal Closed by End of February 2024
In October, an investment group led by South Jersey power broker George Norcross, his brother and Parker McKay CEO Philip Norcross, and former TD Bank U.S. CEO Greg Braca agreed to invest $35 million into Republic First Bancorp and the deal is expected to close by the end of February 2024, writes Jeff Blumenthal for…
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Unlock Your Financial Freedom This Holiday Season with a Home Equity Line of Credit from Firstrust Bank
As the holiday season approaches, many homeowners find themselves grappling with the dilemma of managing expenses and planning for future home renovations. With property values on the rise, leveraging your home’s increased equity can be a savvy financial strategy. Firstrust Bank’s Home Equity Line of Credit (HELOC) offers a flexible and cost-effective solution. Why Choose…
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