Banking & Finance
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Delaware County Leadership: Roger Zacharia, CEO of Ambler Savings Bank
Roger Zacharia, the CEO of Ambler Savings Bank, spoke with DELCO Today about growing up in Huntingdon Valley as the son of hard-working immigrants; playing baseball and becoming passionate about the strategy of the sport; and being drawn to the immensity of Penn State after graduating high school in a class of just 60 students.…
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Downingtown Teacher One of Three Local Educators to Each Win $10,000 from Citadel Credit Union
Deb Rooney, a third-grade teacher at Bradford Heights Elementary School in the Downingtown Area School District, was one of three local educators honored with the grand prize of the Citadel Heart of Learning Awards. Rooney, George Hankins of the Colonial School District in Montgomery County, and Louis Lozzi of the Philadelphia School District each won…
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Meridian Bank CEO Chris Annas to Be Inducted into Chester County Business Hall of Fame
Meridian Bank founder and CEO Chris Annas, who has served as a leader and positive force in the region for years, will be inducted into the Chester County Business Hall of Fame by the Chester County Economic Development Council at a celebration on Wednesday, May 18 at the Phoenixville Foundry. The Chester County Business Hall…
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Firstrust Bank Puts Eagles Swag Up for Grabs in Promo Tied to Tomorrow’s Draft
Firstrust Bank is so eager for the 2022–2023 Philadelphia Eagles season that it’s stirring excitement around football’s earliest indication of its possible outcome: this week’s NFL Draft. The bank’s Top Pick Sweepstakes is a chance for fans to enter a series of bank-sponsored drawings for memorabilia that any fan would covet. Two prizes are up…
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Citadel Credit Union to Honor These 31 Educators Making a Better Future for Us All on May 2
Citadel Credit Union will honor 31 of the finest educators from Bucks, Chester, Delaware, Montgomery, Lancaster, and Philadelphia counties with its Citadel Heart of Learning Award on Monday, May 2 from 6-9 PM at The Mann Center in Philadelphia. The Citadel Heart of Learning Award program, now in its 21st year, started in Chester County…
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Citadel Credit Union Appoints Michael Aileo as Chief Human Resource Officer
Citadel Credit Union has appointed Michael Aileo as Chief Human Resource Officer. Bringing more than 35 years of human resource experience, Aileo joins Citadel from The PFM Group in Philadelphia, where he served as Managing Director of Human Resources. Previously, he served as the Human Resource Director at PricewaterhouseCoopers for 20-plus years. At Citadel, Aileo…
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First Resource Bank to Host Free Shred Event on April 30 to Benefit Salvation Army of West Chester
When it comes to serving the needs of the community, there’s one business that lives and breathes the concept of supporting locally. Annually, First Resource Bank hosts a number of free shred events to help the community safely dispose of unwanted documents. In addition to providing a much-needed service, the bank also collaborates with local…
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Firstrust Bank Huddles with Phila. Eagles for High-School Business Proposal Competition
The competitors arrived at the Firstrust Bank Club to battle, an apt outlook considering their surroundings. Five teams of students were at Lincoln Financial Field, home of the Phila. Eagles, unfazed by the presence of media, conferring with coaches in the pre-game lull, shaking off nerves by reviewing their business proposal content. The contest they…
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Delaware County Leadership: David Freeman, CEO of QNB Bank
David Freeman, the CEO of QNB Bank, spoke with DELCO Today about growing up in Columbus, Ohio; getting married right out of high school and then completing his undergraduate work as a part-time student and full-time worker; and how he entered banking in 1975. Freeman also discussed what made him fall in love with the…
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Feeling Spring Fever? Now’s a Great Time to Tap Into Your Home’s Equity
The past year has seen home values increase at a rapid pace, spurring stiff competition in the homebuying market. And while potential homebuyers continue their search amid these conditions, higher home values are proving beneficial for another group of people — homeowners with record high, tappable home equity who have no intention of moving. Increased…
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WSFS Bank Study Finds Americans Are Confident About Achieving Their Financial Goals
Nearly three-quarters of Americans (72 percent) feel confident they will achieve their financial goals, according to a new WSFS Bank survey. However, two-in-five (39 percent) said they’re not confident they can keep pace with inflation’s impact on goods and services, and nearly a quarter (24 percent) say having poor credit prevents them from using financial…
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How to Keep Your Company and Yourself Safe from Fraud
Whether it’s a compromised email, ransomware, mail theft, or other criminal attempts, fraud and fraudulent schemes continue to trend upward and can cost businesses and consumers alike. Preventing fraud requires vigilance from every employee to protect your company’s finances and information. Here are some tips to help protect your business and yourself. Digital Fraud Scammers…
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Franklin Mint/Wawa Employee Credit Union Merger Gets Final OK
A planned merger of Chadds Ford-based Franklin Mint Federal Credit Union (FMFCU) and the Wawa Employees’ Credit Union (WECU) has been greenlighted, writes Jeff Blumenthal for Philadelphia Business Journal. The deal will close June 2. FMFCU is the sixth-largest credit union in the Philadelphia region. It has $1.6 billion in assets, 125,000 members, and 15…
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Federal Reserve Bank of Philadelphia Appoints Meridian Bank CEO to Its Advisory Council
The Federal Reserve Bank of Philadelphia has appointed Meridian Bank CEO Chris Annas to a three-year term on its Community Depository Institutions Advisory Council (CDIAC). The 12-member council is composed of representatives from commercial banks, thrift institutions, and credit unions. The group convenes twice a year with officials from the Federal Reserve Bank of Philadelphia…
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C&N Bank to Engaged Couples: Cut the Wedding Expenses Along with the Cake
Getting married is a big commitment, emotionally and financially. Wedding expenses in Pa. average $23,025, which can be a big hit to the newlyweds after they return from the honeymoon. Establishing a budget, sticking to it, and avoiding unexpected charges will therefore help make the day as wonderful as imagined, both long- and short-term. Who’s…
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Why Your Small Business Should Take the Long View on Inflation
When you hear and read about inflation, the attention is typically placed on inflation’s impact on the cost for consumer goods, and for good reason. High inflation hits people where it hurts most — their wallets. But small business owners and operators must deal with inflation’s impacts as well, and as it continues to be…
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Still Strong Foundation to Honor Meridian Bank’s Chris Annas for His Impact Within Pediatric Cancer Community
The Still Strong Foundation, a nonprofit that assists families whose children are battling cancer, will honor Meridian Bank CEO Chris Annas with its 2022 Still Strong Corporate Responsibility Award at the sixth annual For Our Children Gala on April 1 at The Lucy in Philadelphia. The bank has been a longtime supporter of the Still…
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C&N to Relocate Its Paoli Office to Chesterbrook
C&N plans to relocate its office at 1500 East Lancaster Avenue in Paoli to 500 Chesterbrook Boulevard in Wayne. The relocation is expected to be complete this summer with an opening tentatively scheduled for mid-June. The 2,400-square-foot, free-standing branch will provide customers with improved convenience and easier accessibility. After renovations, the branch will feature an…
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