Banking & Finance
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If You’re in the Market for a New Home, You May Have More Buying Power in 2023
If you’re planning to buy a new home in 2023, the first few months of the new year may provide buying power and present a better-than-anticipated buyers’ market due to several factors that are not only influencing homebuyers’ financial position but also easing the inventory constraints we’ve seen in recent years. Key Market Factors With…
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Philadelphia’s Big Banks Subject of Two New Books That Look at Their Rise and Fall, and Survivor That Has Grown in Vacuum They Created
Philadelphia’s big banks, including Girard and Fidelity, Provident and PSFS, and PNB and First Pennsylvania, thrived for generations and financed factories, transportation, and trade in the region, writes Joseph N. DiStefano for The Philadelphia Inquirer. But all of them vanished in the merger craze of the 1980s and 1990s, with many employees losing their jobs…
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CCWMG’s Fred Hubler Shares Stock Market Expertise During Financial News Appearance
Fred Hubler Jr., the President and founder of Creative Capital Wealth Management Group in Chester Springs, was recently featured on a network to share his expertise on the stock market. Hubler noted on Ameritrade Network about the coming of a new regime of greater macro and market volatility. In addition to this appearance, he has…
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Malvern Bank to Be Acquired By New Jersey-Based First Bank
First Bank and Malvern Bancorp, Inc., the parent company of Malvern Bank have announced that they have entered into a definitive merger agreement pursuant to which First Bank will acquire Malvern Bancorp, Inc. and Malvern Bank in a transaction valued at approximately $149.5 million. The merger has been unanimously approved by the boards of directors…
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WSFS CARES Foundation Provides Fourth-Quarter Grants to Local Community Organizations
The WSFS CARES Foundation, the charitable giving arm of WSFS Bank, has provided grants to two community organizations located in Delaware and New Jersey as part of its continuing series of philanthropic activities. The grants will support the following organizations: “For nearly 200 years, WSFS has been committed to providing vital support to our communities,”…
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Giving the Gift of Donations: A Guide to Maximize Year-End Charitable Giving and Tax Deductions
Six out of 10 American households do charitable giving, according to The Philanthropy Roundtable, and December is the month Americans make more charitable gifts than any other.* So how to make the most of your generosity? Here’s what to consider as giving season draws near. Check Your List Most people give to the same charities…
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Renowned Meridian Bank CEO Chris Annas Featured in Online Investment Guide
Meridian Bank CEO Chris Annas, who has been a prominent leader and positive force in Chester County for years, was recently featured in Capital Analytics: Invest Philadelphia magazine. The annual business guide covers metro areas through data, in-depth analysis, and interviews with local business and political leaders like Annas. Labeled in the article as a…
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Attested by Attendees, Malvern Bank’s Gainful Giving Seminar Solidifies Philanthropic Ways of Aiding Others
Earlier this month, Malvern Bank hosted Laura Fredricks, an international consultant, speaker, and best-selling author, for its “Gainful Giving: A Charitable Giving Seminar.” Attendees included nonprofits, donors, and clients who wanted to learn more about different philanthropic giving vehicles, and how these vehicles can be used to make charitable gifts that may help for family…
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C&N Banked on Community Creativity for 2023 Calendar Images; Result Was an Artistic Windfall
The 2023 C&N calendar, whose stunning monthly images were taken by amateur photographers in the communities it serves, is now available at branches throughout the region. Submitting and Judging The competition launches in the spring, giving local shutterbugs the opportunity to submit for judging their best shots. The 12 best would serve as the highlighted…
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Meridian Bank Appoints Christine M. Helmig to Board of Directors
Meridian Corporation has appointed Christine M Helmig, CPA, to an open position on the Board of Directors of Meridian Corporation and its principal subsidiary, Meridian Bank, effective immediately. “Ms. Helmig is a great addition to our Board of Directors,” said Chris Annas, Chairman. “Chrissy has been a long-standing friend of Meridian. Her experience and dedication…
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Bryn Mawr Trust Exec Explains How to Maximize Your Generosity, What to Consider as Giving Season Arrives
Six out of 10 American households are charitable, according to The Philanthropy Roundtable, and December is the month Americans make more charitable gifts than any other as part of the giving season. Elizabeth B. Wagner, the Director of Institutional Wealth Management at Bryn Mawr Trust, a WSFS company, explains how to make the most of your…
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Delaware County Leadership: Denise Lindsay, Executive Vice President and Chief Financial Officer, Meridian Bank
Denise Lindsay, Executive Vice President and Chief Financial Officer at Meridian Bank, spoke with DELCO Today about growing up in Carmel, N.Y., her love of sports and her close-knit Italian family that gathered for Sunday dinner every week. Lindsay also discussed her first job at a bank as a teenager and how Villanova University’s internship…
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Wealth Management Exec at WSFS Bank Subsidiary Offers Tips to Ensure You Have a Solid Plan for Financial Success
Even the most ardent savers question whether they are doing enough to achieve financial success. Regardless of where you are on the spectrum of saving for your financial future, now is a great time to do some successful financial planning. According to Garrett Spangler, the Director of Wealth Planning at West Capital Management, a subsidiary…
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Firstrust Evaluators of Credit Risk Undertake Risky Venture for Charity: Climbing Mount Kilimanjaro
Post-Thanksgiving, Firstrust Bank professionals are getting back to work after a long weekend. Two, however, are still away from their desks. And they’re about to get farther, as they depart today for a fundraising trek up Mount Kilimanjaro in Tanzania, Africa. The intrepid adventurers are Michael Dinda, executive vice president and commercial banking division manager,…
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Thankful for Teachers? Nominate a Local Teacher for the Citadel Heart of Learning Award
Now through Jan. 15, Citadel Credit Union is accepting nominations for its prestigious teaching excellence award, the Citadel Heart of Learning Award. If you know a teacher who goes above and beyond the call of duty and truly makes a difference in the lives of students, please submit a nomination. More than $370,000 in grants awarded…
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A Big Tax Write-Off for Small Business: What Is IRS Section 179?
Today’s economy is creating challenges for many small businesses. Many things seem to be changing quickly. But one important thing has not changed: Section 179 of the IRS Tax Code. When small businesses use financing to reinvest in their business by purchasing certain categories of equipment or software, they can take advantage of a powerful…
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Penn Community Bank Contributes $15,000 to Habitat for Humanity of Montgomery and Delaware Counties
Penn Community Bank has contributed $15,000 to Habitat for Humanity of Montgomery and Delaware Counties (Habitat MontDelCo) to help lower-income residents with home buying. The donation aligns with its home-ownership programs: Home Buying, Almost Home Financial Empowerment, and Neighborhood Revitalization programs. Home Buying The Home Buying Program serves residents earning 30–80 percent of the median…
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C&N Donates $20,000 Through EITC Contributions to YMCA of Bucks and Hunterdon Counties
C&N recently donated $20,000 to YMCA of Bucks and Hunterdon Counties under the Educational Improvement Tax Credit Program (EITC). YMCA of Bucks and Hunterdon Counties is a charitable, nonprofit organization committed to strengthening its communities through membership and programs that foster youth development, healthy living and social responsibility for all. This donation will be used…
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