Banking & Finance
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Eagle-Turned-Entrepreneur Brent Celek on Meridian Bank: ‘The Business Culture Is Amazing’
As a tight end for the Philadelphia Eagles, Brent Celek’s on-field role shifted constantly: blocker, runner receiver. That skill — quick decisions/quick executions — served his sports career well. It didn’t hurt his business career, either. Celek spoke of his post-football real estate business at an Entrepreneurs’ Forum of Greater Philadelphia event. Meridian Bank sponsored.…
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Bryn Mawr Trust: Rebirth of QR Codes Has Streamlined the Way We Live Through the Pandemic, Beyond
The sudden need for touchless transactions brought about the rebirth of QR codes, and it seems as if they are here to stay. More and more people are becoming aware of what QR codes even are. The scannable blocks have been widely used in the consumer market for quite a while, although they hadn’t been…
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Customers Bank—Banking 4.0: The Digital Industrial Revolution
The fourth industrial revolution is about a technological revolution that is fundamentally changing the way we live, work and relate to one another. In many industries and especially in the banking sector, companies need to embrace all things digital, says Customers Bank. Industry leaders are taking the next natural step in the progression to become…
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Malvern Bank Explains How Independent Schools Can Deal with the Uncertainty of Pandemic-Era Admissions
According to the Enrollment Management Association’s Standard Application Online, the coronavirus has impacted the independent school admissions process significantly in the past year. (Big surprise, huh?) In a comparison of applications from September 2020 through January 2021 vs. September 2019 through January 2020, applications were down 11 percent. The pandemic began influencing admissions in March…
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Citadel Credit Union Builds Strength in Education, Honors 21 Local Teachers with Heart of Learning Award
In an academic year that challenged teachers unlike any other, 21 teachers in Greater Philadelphia have been recognized by Citadel Credit Union for going above and beyond. Teachers from across Bucks, Chester, Delaware, Lancaster, Montgomery, and Philadelphia counties have been recognized after being nominated for the prestigious Citadel Heart of Learning Award by their students,…
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C&N Partners with the ABA to Deliver Safe Banking for Seniors
C&N is partnering with the ABA (American Bankers Association) Foundation’s Safe Banking for Seniors campaign in a nationwide effort to help older customers and their financial caregivers understand the risks of fraud and financial abuse and how to protect themselves and their loved ones. Financial abuse against older Americans can take many forms, from illegal…
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C&N Donates $800,000 to Benefit Local Education
C&N understands the importance of investing in local education, having donated $800,000 under the Educational Improvement Tax Credit Program (EITC). Education is key to a strong and prosperous community. However, there are many budgetary roadblocks preventing children from receiving the level of education they deserve. C&N is committed to closing this gap by supporting local…
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As It ‘Transitions into an Exciting Future,’ C&N Announces Changes to Board of Directors
C&N, a community bank with full-service offices in nine counties in Pennsylvania, including Chester and Bucks counties, has announced changes to its Board of Directors. The Board has appointed Terry L. Lehman as Chairman. Effective May 1, Lehman will succeed Leo F. Lambert, who has served in that role since being appointed in 2014. Lambert,…
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Tiny Houses, Big Ideas: Bryn Mawr Trust Explains the Tiny House Movement
Many young adults today who want to own a home are having a difficult time doing so with high student loan debt, high home costs, and lower home inventory due to demand. There is also a societal and moral call to be more environmentally conscious and today’s young adults have a strong desire for flexibility…
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Wells Fargo Branches Closing at Villanova University and King of Prussia Mall
Wells Fargo & Co. continues to close bank branches, this time at Villanova University and the King of Prussia Mall, writes Jeff Blumenthal for Philadelphia Business Journal. The branch closings are part of a bigger plan to cut billions in costs to compete with rivals. This brings the current total of closings to 138 so…
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C&N Appoints 41-Year Veteran of the Financial Industry to Executive Leadership Team
C&N recently announced strategic organizational changes to align with its value-based, relationship model and to pursue continued growth in a fast-changing marketplace. At that time, Blair T. Rush was appointed to the Executive Leadership Team as Executive Vice President/Region President for the company’s Southeast region, covering all of southeastern Pennsylvania. “Blair has played a critical…
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PA’s Online Unemployment Compensation System — Often Fraught with Frustration — Is Getting a Reboot
As if being out of work isn’t bad enough, the Pennsylvania Department of Labor & Industry’s online system for filing/managing claims is often difficult to navigate, unsteady in its performance and outmoded in its layout. That’s all about to change on June 8, with the launch of a new unemployment compensation system, writes Tom Lehman for WGAL News 8. The improved system will replace…
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Malvern Bank Appoints Rachel Heist to Assistant VP, Continues to Expand Its Brand to Equestrian Market
Malvern Bank, National Association has appointed Rachel Heist to Assistant Vice President, Personal Banker and added her to the bank’s equestrian division. “Rachel is known within the equestrian space not only through her experience as a hunter jumper but also education in equine management,” said Malvern Bank CEO Anthony C. Weagley. “The bank continues to…
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C&N Grows Its Presence in Southeastern Pennsylvania as a Community Bank That Offers World-Class Services
“C&N is the only bank I need.” It’s a vision shared by C&N team members and speaks to the aspirational sentiment they strive to hear from their customers. Formerly known as Citizens & Northern Bank, C&N is based in Wellsboro, in Tioga County, and has a long, proud history that dates back to 1864. Throughout…
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Malvern Bank Appoints Betty Silfa to Position of Senior Vice President, Pennsylvania Senior Commercial Lender
Malvern Bank, National Association has appointed Betty Silfa to the position of Senior Vice President, Pennsylvania Senior Commercial Lender. In this role, Silfa will be responsible for meeting the commercial lending needs of Malvern Bank’s business customers by soliciting new business from present and prospective customers and maintaining ongoing business relationships with present customers. The…
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Meridian Bank Adds Veteran of Finance, Wealth Management as Vice President of Business Development
Malvern resident Hank Oberly has joined Meridian Bank as Vice President of Business Development. In this new role, Oberly will be responsible for new business development and market growth in Pennsylvania, New Jersey, and Delaware. A graduate of Denison University in Ohio, Oberly has worked in finance and wealth management in the Philadelphia region for…
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Richard A. Ehst to Retire as Customers Bank’s President and Chief Executive Officer After 50 Year Banking Career; Sam Sidhu Named as Successor
After more than a half-century of successful banking leadership, Richard A. (“Dick”) Ehst will retire from his post as President and Chief Executive Officer of Customers Bank, a subsidiary of Customers Bancorp, Inc. Samvir (“Sam”) Sidhu, currently Vice Chairman and Chief Operating Officer, has been named as Ehst’s successor. Sam Sidhu served as a Board…
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Industry-Leading Traffic Signals Company Gets a Green Light from Meridian Bank
When a company in Reading needed working capital to sustain its fast-growing business, Meridian Bank restructured its financing. Since then, the company has become a world leader in its industry, and its president was able to achieve his goal of owning the business. If you’ve ever driven through a construction zone guided by a portable…
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