Banking & Finance
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Local Customers Bank in Top Ten of Best Online Banks of 2021
Customers Bank was recently identified as one of the “Best Online Banks of 2021” by Bankrate, finishing among the top 6th position. Bankrate provides consumer and commercial audiences with unbiased analysis of rate information, industry news, and knowledge to make informed financial decisions then reviewed thousands of data points to determine the best banks in…
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Ransomware: The Cure Costs More Than Prevention, and Is Less Effective
COVID isn’t the only malicious virus we’re facing in 2021. Cybercriminals have become emboldened with new and more deadly “ransomware” attacks. Customers Bank wants to help its clients take steps to protect against these attacks that can impose significant costs, destroy a reputation, and take down a business. RANSOMWARE DEFINED … A ransomware attack uses malicious code…
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Customers Bank Wins Prestigious Global Everbridge Critical Event Management Impact Award
Customers Bank recently was selected as the winner of the highly coveted 2020 Best Example of Making an Impact on Business Award presented by Everbridge, an organization focused on life-saving efforts through its global Critical Event Management (CEM) platform. The novel coronavirus outbreak and ensuing pandemic was the largest global emergency of 2020. David Meredith,…
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Newsweek Names Bryn Mawr Trust One of America’s Best Banks
As part of its inaugural ranking of the financial institutions that best serve their customers’ needs in today’s challenging times, Newsweek has named Bryn Mawr Trust one of America’s best banks and the best small bank in Pennsylvania. BMT was selected from an initial group of more than 2,500 FDIC-insured financial institutions and assessed based…
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See Who Received Highest PPP Loans in Delaware County
Earlier this week, the U.S. Small Business Administration released detailed information on approved borrowers from the federal government’s Paycheck Protection Program, including those in Delaware County, writes Matthew Kish for the Philadelphia Business Journal. In Delaware County, the highest amounts went to Xanitos and Premier Orthopaedic and Sports Medicine, both in Newtown Square. Both companies…
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Meridian Bank’s Culture of Talent Development Makes It a 2020 Best Community Bank to Work For
Independent Banker magazine, the award-winning monthly publication of the Independent Community Bankers of America (ICBA), has named Meridian Bank as one of its 2020 Best Community Banks to Work For. The honor is a testament to the bank’s efforts to create an exceptional work experience for employees. “Community banks have always valued relationships and trust,…
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How Phoenixville-Based Customers Bank Became the Nation’s Fifth-Largest Provider of PPP Loans
Consider it just another day at the office of your friendly community bank. Customers Bank, which provides a range of banking and lending services from its headquarters in Phoenixville, ranked as the fifth-largest provider of Paycheck Protection Program loans in the nation. Yes, the nation. The bank participated in more than 108,000 loans with an…
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Malvern Bank’s Annual Food Drive Results in 195-Pound Donation to West Chester Food Cupboard
Malvern Bank, National Association has donated 195 pounds of food – the result of the bank’s summer Food Drive – and a cash donation that matches the value of the food to the West Chester Food Cupboard. From July through September, Malvern Bank collected non-perishable food items from customers and employees. Malvern Bank is actively…
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Malvern Bank Sponsors Brandywine Polo Club for Sixth Consecutive Year
Malvern Bank, National Association was the presenting sponsor of the last match of the Brandywine Polo Club’s summer season. The Richie Jones Memorial Exhibition, named for an avid horseman and member of the Polo Club, was held on Oct. 18. Brandywine Polo Club, a United States Polo Association club, brings the passion of polo and…
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The Shows Must Go On: Malvern Bank Goes Behind the Scenes with Horse Show Management
By Hillary Dobbs As 2020 has progressed, the equestrian community has worked hard to address the new challenges associated with the COVID-19 pandemic. Horse shows are a crucial part of the industry and returning to the show ring was of paramount importance for everyone involved. For horse show organizers, there were many challenges presented with…
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Construction Tech Company’s Loan Exemplifies the Streamlined Service Offered by Meridian Bank’s Equipment Finance Subsidiary
A loan recently acquired by a state-of-the-art construction technology company exemplifies the type of quick, streamlined service that Meridian Bank’s new equipment finance subsidiary offers its customers. When Bill Zandi, co-founder of Robotic Imaging Group in Philadelphia, needed a piece of equipment for his company’s LiDAR technology, he was referred to Meridian Equipment Finance LLC…
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Meridian Bank’s ‘High-Performance Culture’ Helps It Earn ‘Sm-All Star’ Status
Meridian Bank has earned a spot on Piper Sandler’s annual list of top-performing U.S. small-cap banks and thrifts, also known as the “Sm-All Stars.” Piper Sandler, a leading middle-market investment bank and institutional securities firm, publishes this list annually in order to “uncover the next crop of stellar mid-cap banks before they are discovered by…
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Citadel Credit Union Now Accepting Nominations for Its Heart of Learning Award Program
Citadel Credit Union has kicked off the 19th Annual Citadel Heart of Learning Award program, which honors local teachers who go above and beyond the call of duty. The program accepts nominations from students, other teachers, administrators, and members of the community. Nominations are accepted through Dec. 31, 2020. According to Citadel, recognizing teachers is…
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First Resource Bank Plays Starring Role in Survival Story of Popular Phoenixville Restaurant
For First Resource Bank, it’s all about relationships. And those relationships are undoubtedly playing a starring role in the survival stories of several small businesses. Zach Hoffman – the owner and operator of Bistro on Bridge, the popular restaurant and craft beer, whiskey, wine, and spirit bar in Phoenixville – credits the bank’s guidance for…
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Malvern Federal Charitable Foundation Awards $100,000 in Grants to 16 Nonprofits
Malvern Federal Charitable Foundation – a charitable arm of Malvern Bank, National Association – has announced that it will award grants totaling $100,000 to 16 different nonprofits in the bank’s markets. The organizations receiving grants are: Children’s Scholarship Fund of Philadelphia is a privately funded program with a mission to provide children from under-resourced families…
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Shop Today at Boscov’s to Receive Discounts; Direct Your Proceeds to Malvern Federal Charitable Foundation
Get a jump on your holiday shopping today, Oct. 14, and tomorrow, Oct. 15, at Boscov’s, as its annual Friends Helping Friends event will be held in participating stores and online. Shoppers will receive a 10-20 percent discount based on their purchases (exclusions apply). By mentioning Malvern Federal Charitable Foundation at checkout, the Foundation will…
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Turn Your Holiday Shopping at Boscov’s into Philanthropy Through Malvern Federal Charitable Foundation
Boscov’s has expanded its annual Friends Helping Friends event to two days to avoid crowds and allow social distancing to keep shoppers safe and comfortable. This year’s Friends Helping Friends will occur in participating stores and online on Oct. 14 and 15. Shoppers will continue to receive a 10-20 percent discount based on their purchases…
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Prestigious Award, Support from Malvern Bank Put Local Distillery at Forefront of Gin Renaissance
There’s a gin renaissance in America right now, and brothers Don and Scott Avellino are standing at the forefront from their innovative craft distillery in Elverson. The Avellinos are owners of Revivalist Spirts, which produces a lineup of gins that has just earned the ultimate stamp of approval. Revivalist Spirits has won the USA Today…
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