Banking & Finance
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Shrewd Savings: How to Avoid Losing Money to Inflation
In normal economic conditions, inflation tends to increase prices gradually as consumer demand for goods grows. But today’s economic conditions aren’t normal. Higher inflation is triggered when external forces limit or alter supply of goods, which is exactly what happened in recent years due to social, political, and economic instability across the globe. As prices…
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Philadelphia Leadership: Allan Matyger, Executive Vice President and Chief Information Officer, WSFS Bank
Allan Matyger, Executive Vice President and Chief Information Officer at WSFS Bank, spoke with PHILADELPHIA Today about growing up in Newark, Del., learning leadership as the eldest of four brothers, and working nights and weekends at WSFS Bank while earning his computer science degree. Matyger has worked with the organization in one capacity or another…
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Penn Community Bank Steps into the Ring with Joe Hand Boxing and Bucks County Sheriff’s Office PAL to Launch Youth Boxing Program
Penn Community Bank and the Penn Community Bank Foundation have made a $5,000 contribution to launch a new youth boxing program in partnership with the Joe Hand Boxing Gym and the Bucks County Sheriff’s Office Police Athletic League (PAL). This innovative program provides a safe, structured, and positive environment for local youth, fostering discipline, confidence,…
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FS Investments to Relocate Headquarters, Changes Name As Part of Rebrand
FS Investments has undergone significant growth in recent years, and that growth is leading to a company relocation and subsequent rebrand, writes Jeff Blumenthal for the Philadelphia Business Journal. The company is scheduled to officially relocate from the Philadelphia Navy Yard to a larger space at the Schuylkill Yards in University City. In addition, FS…
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Firstrust Bank and Eagles Are Back to Give Another Brotherly Shove to Local Business
For a second season, Firstrust Bank and the Philadelphia Eagles are bringing back the Brotherly Shove Business Spotlight, a program focused on supporting and promoting businesses in the Greater Philadelphia area. The Brotherly Shove Business Spotlight will award one Greater Philadelphia business up to $25,000 in promotional assets, including mention on the Eagles Video Board…
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Philadelphia Leadership: Clarence Martindell, EVP of Commercial Real Estate Lending, Meridian Bank
Clarence Martindell, Executive Vice President of Commercial Real Estate Lending at Meridian Bank, spoke with PHILADELPHIA Today about growing up in the great outdoors of Hilltown Township. He came from a long line of union plumbers and learned a strong work ethic from his parents and the many mentors he sought out for himself. After…
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Penn Community Bank and Foundation Invest Over a Half Million Dollars in Local Communities
Penn Community Bank continues its long-standing commitment to community investment. From January to June 2025, the bank and its charitable arm, the Penn Community Bank Foundation, have invested $535,000 in grants to 177 nonprofit and community organizations. These funds, coupled with hundreds of hours of team member volunteerism, are expected to impact tens of thousands of residents across Philadelphia,…
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Federal Reserve Bank of Philadelphia Ushers In New Era As Anna Paulson Takes Reigns
Anna Paulson officially began her tenure as the new president of the Federal Reserve Bank of Philadelphia on July 1, writes Kristen Mosbrucker-Garza for WHYY. This marks a new era for the Philadelphia Fed, as it’s the first time that a new leader has been installed in nearly a decade. Paulson replaces Patrick Harker, whose…
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C&N Raises More Than $100,000 to Support Cancer Patients Across the Region
C&N’s Giving Back, Giving Together (GBGT) campaign raised $108,555.20 in 2024-2025 and contributed 165 volunteer hours and collected 1,698 essential items to support local individuals and families affected by cancer. Over the course of the year, C&N teammates joined forces to make a meaningful difference in the lives of their neighbors facing cancer diagnoses. The…
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C&N Relocates Office in Newtown for Improved Accessibility, Customer Experience
C&N recently celebrated the grand opening of its newly relocated Newtown office with a VIP reception and ribbon-cutting ceremony. The event, attended by customers, community members, and local leaders, marked an exciting new chapter for C&N as it moves from its former location at 33 Swamp Road to a modern, customer-focused space at 3 Terry…
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How to Identify and Avoid Fraud Attacks
Unfortunately, in our highly connected world, fraud attacks are always a threat. Criminals will often attempt to collect information to capture your identity and, ultimately, access to your bank account. To combat these constant threats, Citadel monitors and stays aware of fraudulent activity threatening our member base. Our goal is to be transparent with members and inform them of…
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A Space for Banking, Learning, and Community: Citadel Credit Union to Open First Philadelphia Branch
Citadel Credit Union has signed a lease for its first Philadelphia branch, marking the beginning of a bold new chapter in community-centered banking. Opening in Overbrook Park at 7557-61 Haverford Avenue in early 2026, the branch will go beyond traditional banking, offering a community room for local nonprofits, financial workshops, and neighborhood gatherings. At 2,880 square feet,…
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Vanguard Aims to Transform into Financial Hub for Next Generation of Investors
Salim Ramji, the new CEO of Malvern-based Vanguard, is poised to drive significant changes at the investment giant, writes Brooke Masters for the Financial Times. Vanguard, which once disrupted the industry with its low fees and established itself as a powerhouse in passive investing, still maintains the culture and values shaped by its late founder,…
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Firstrust Bank a Key Partner in East West Label’s Success as a Family-Owned Business
For Christina Wilson — the CEO of Conshohocken-based East West Label, a trusted service provider for the retail industry that specializes in premium produce labeling — the family business has been a constant in her life. The Collegeville native fondly remembers working for the company her grandfather, Bill Wilson Sr., founded in Sharon Hill in…
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Investing in Kids, One Meal at a Time: Penn Community Bank Champions Summer Nutrition Effort
Penn Community Bank is proud to sponsor St. Luke’s Summer Meals Program for the seventh consecutive year. Since its inception, the program addresses food insecurity from Allentown to Quakertown — areas where more than half of public school students qualify for free or reduced-price school lunch. In summer 2024, the program served a total of 6,962 meals…
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How King of Prussia’s BARK U Became the Ultimate Dog Destination with Help from Firstrust Bank
Dog kennels are traditionally known to be a stressful — even frightening — environment for dogs. Ten years ago, Christine Egbert, a certified dog trainer living in Norristown, saw the need to create a daycare and lodging environment for dogs that is not only stress-free but promotes happiness and fun in a clean and safe…
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S&T Bank Raises Over $117,000 for Alex’s Lemonade Stand Foundation in 2025
S&T Bank is proud to share its 2025 donation of over $117,000 to Alex’s Lemonade Stand Foundation (ALSF). S&T began fundraising for ALSF in the local Southeastern Pennsylvania market in 2023 and expanded its efforts to include the Bank’s entire footprint in 2024. This year, S&T hosted 72 lemonade stands at their branch locations and…
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TruMark Financial Celebrates High School Seniors Solving Local Problems with More Than $14K in Scholarships
TruMark Financial Credit Union recently honored six local high school students during its annual Difference Makers Scholarship Breakfast, awarding them more than $14,000 in scholarships. The event highlighted the impact young people are making across the region through volunteerism, advocacy, and creative community solutions. Each student was recognized for leading or contributing to a meaningful…
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