Banking & Finance
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First Resource Bank Scores Four Best Awards in Main Line Times Readers’ Choice Survey
First Resource Bank was voted “Best” in four categories by voters in the 2022 Main Line Times Readers’ Choice survey. These categories include Best Community Bank, Best Commercial Bank, Best Customer Service, and Best Manager, Joe DiTommaso at the Wayne branch. The 17-year-old financial institution is not only pleased with this unsolicited recognition, but is…
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Just in Time to Defray Summer Expenses, C&N Bank Gives Away Four Franklins
Psst. Hey. Hey you. How’d ya like a quick $400? It’s all above-board, too. C&N Bank has a current promotion going on. It’s rewarding online applicants for a C&N Checking Account with $400. So, the financial institution not only gives out cash, but it also provides a place to put it. And a means to…
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Navigating Middle Market M&A in a High-Rate and Inflationary Environment
Despite the highest inflation rates seen in 40 years, central banks’ efforts to temper inflation by raising interest rates, the ongoing Ukraine conflict, bearish conditions in the public markets, and the lingering supply chain issue created by pandemic uncertainty and response, it is likely that 2022 will see a lot of middle market merger and…
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C&N Bank’s ‘C and N’ Could Just as Well Stand for ‘Compassionate’ and ‘Nurturing’
C&N Bank — whose founding name was “Citizens & Northern” Bank — showed plenty of “compassion” and “nourishing” in a recent philanthropic effort for local underprivileged kids and emergency services personnel. The Giving Back, Giving Together effort was a two-year initiative that targeted a specific need with each edition. Children’s Needs The 2021 program raised…
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Citadel Credit Union’s Business Banking Team Ready for August Launch
Citadel Credit Union is prepared to officially launch its new Business Banking division this August. Earlier this year, the company onboarded a team of business banking experts to build the new division and establish partnerships with clients around the region. Over the past three months, Citadel piloted its business banking offering with multiple organizations ranging…
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Meridian Bank Among Nation’s 200 Top-Performing Community Banks
Malvern-based Meridian Bank has been named a top-performing publicly traded community bank by American Banker, a leading industry organization. Its list of the Top 200 publicly traded community banks under $2 billion in assets ranked Meridian No. 13 in the U.S. and first among banks headquartered in Pennsylvania, Delaware, New Jersey, and Maryland. “(This list)…
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Firstrust Bank Promotion: Open a New Checking Account and Open the Door to Summer Fun for Local Kids
Firstrust Bank is again partnering with Variety – the Children’s Charity to support an accredited summer camp program for local families and children with disabilities. The promotion, which previously ran in 2018, is just one piece of the bank’s longstanding partnership with Variety. From June 13 to July 31, Firstrust will pledge a $100 donation…
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How Women Can Break Through and Reshape Attitudes About Investing
Investing has been top of mind for many as the stock market fluctuates. With investing being a subject that is not commonly taught in school, many people don’t know how to invest or what to invest in. And if they do, they aren’t too confident in their abilities. Historically, differences in investing attitudes have existed…
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Training Tomorrow’s Tycoons: C&N Educates 600 Local Kids on Financial Management
C&N bank team members, out to seed the next generation of citizens with fiscal skills, participated in an American Bankers Association Education Foundation educational program. The 2022 Teach Children to Save initiative had its staff making 21 financial presentations and bank tours throughout April, reaching over 600 children. It’s been an ongoing effort at C&N…
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Training Tomorrow’s Tycoons: C&N Educates 600 Local Kids on Financial Management
C&N bank team members, out to seed the next generation of citizens with fiscal skills, participated in an American Bankers Association Education Foundation educational program. The 2022 Teach Children to Save initiative had its staff making 21 financial presentations and bank tours throughout April, reaching over 600 children. It’s been an ongoing effort at C&N…
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Where Should Retirees Put Their Retirement Money?
When it comes to investments and retirement, retirees are in a precarious position. You have accumulated a retirement nest egg, but now you face new unknowns around life expectancy, quality of life, and your health. And not to be forgotten is how best to invest those hard-earned retirement money savings. Should you stick with stocks…
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Lincoln Financial in Radnor Welcomes Ellen Cooper, Its 1st Woman CEO
Ellen Cooper is the new CEO of the Lincoln Financial Group based in Radnor and the first woman CEO for the company. She has become just one of 44 women leading a Fortune 500 company, writes Jeff Blumenthal for Philadelphia Business Journal. She succeeds Dennis Glass, who was CEO for 15 years. Cooper also became…
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Bryn Mawr High Schooler Receives Scholarships from the Green Family Foundation, Firstrust Bank
High school seniors from the Greater Philadelphia and Lehigh Valley region were recognized this week by the Green Family Foundation and Firstrust Bank at the 53rd annual Samuel A. Green Scholarship program ceremony. The high school scholarship program — one of the region’s most renowned — granted $180,000 in total to 29 students. One attends…
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Seven Bucks County High Schoolers Receive Scholarships from the Green Family Foundation, Firstrust Bank
High school seniors from the Greater Philadelphia and Lehigh Valley region were recognized this week by the Green Family Foundation and Firstrust Bank at the 53rd annual Samuel A. Green Scholarship program ceremony. The high school scholarship program — one of the region’s most renowned — granted $180,000 in total to 29 students. Seven of…
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Meridian Bank’s Chris Annas ‘Unearths the Potential in the Businesses He Encounters,’ Earns HOF Induction
With more than 400 of the region’s top business and community leaders gathered together, the Chester County Economic Development Council inducted Meridian Bank CEO Chris Annas into the Chester County Hall of Fame. “I’ve worked with Chris almost my entire career in Chester County spanning 46 years, and I can tell you, firsthand, that he…
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C&N Bank Brings Big-Time Personal Touch to Small Business Week
C&N Bank did not celebrate the May 1–7 Small Business Week with giveaways of corporate-branded tchotchkes. It went an entirely different route when it offered a home-spun representation of its personal relationships with commercial customers. Employee teams took time out to home-bake cookies to thank business banking clients. The sweets were one of a number…
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Firstrust Bank CEO Richard J. Green Delivers Anti-Hate Message at ADL Event: ‘Be That Somebody’
The Anti-Defamation League (ADL) event that honored Firstrust Bank Board Chairman and CEO Richard L. Green became an opportunity for the corporate leader to decry society’s alarming rise in hate. Green’s comments came during his acceptance speech for the ADL’s Americanism Award. The Americanism Award recognizes individuals or companies in the financial services industry for…
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First Quarter Venture Capital Investment Growth in Phila. Area Highest Among U.S. Metros
The Phila. region recorded the biggest first-quarter increase in venture capital investments among major metro areas in the country this year, writes Noah Zucker for Philly Voice. According to a new report from CB Insights, startup funding went up by 71 percent in the first three months of 2022. This more than doubles the 30…
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