Banking & Finance
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The Green Family Foundation and Firstrust Bank Call for Submissions for Annual College Scholarship Program
The Daniel B. & Florence E. Green Foundation and Firstrust Bank are now accepting submissions for the 55th annual Samuel A. Green Scholarship Program, which will award college-bound high school seniors with multi-year academic scholarships totaling $360,000. Students are eligible to receive a multi-year award of up to $20,000, which will be evenly distributed over…
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‘We Became People Again, Not Just a Number’: Local Water Ice Company Turns to WSFS Bank to Help Fuel Growth
When George Swayngim started Georgeo’s Water Ice in 1980 in Marcus Hook, he started with his own line of the summer favorite, Italian Ice. As his Italian Ice brand grew, the company grew along with it, becoming a large, regional, direct-store distributor of water ice, leading ice cream and novelty brands, and more. Growth is…
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First Resource Bank Names Kristen Fries as Executive Vice President, Chief Financial Officer
First Resource Bank has promoted Kristen Fries to Executive Vice President and Chief Financial Officer (CFO). Fries, who has been an integral part of the First Resource Bank team for the past nine years, brings a wealth of experience and a proven track record in finance and community banking to her new role. In her previous capacity…
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Maximizing Your Money in a High-Interest-Rate Environment
In today’s financial landscape, where interest rates are on the rise, investors are presented with an opportunity to make more money on their investments. One effective way to navigate this environment is by enlisting the expertise of a private banker. Private bankers can offer tailored solutions to help you optimize your returns while managing risk.…
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How Much Money Are You Really ‘Saving’ on Black Friday?
For many of us, Thanksgiving is a time of turkey, pumpkin pie, and quality family time, but the holiday has also become practically synonymous with an entirely different event — Black Friday. Black Friday marks the beginning of the American holiday shopping season. This period is renowned for its shopping sales and massive discounts, with…
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C&N Wealth Management Welcomes Industry Veteran Jim Foote
C&N has appointed Jim Foote to its Wealth Management team as Retirement Plan Services Department Manager. With more than three decades of experience specializing in corporate retirement plans, Foote brings a wealth of expertise and a track record of success to C&N. Throughout his career, Foote has seamlessly transitioned more than 1,200 retirement plans, establishing…
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Donate Wisely: Be Aware of Holiday Charity Scams
The holidays are an important time of year for nonprofits. According to Charity Navigator, charities receive an average of 41 percent of their donations in December. Unfortunately, scammers ramp up their efforts around the holidays, too. The solution is not to stop giving, but simply to be aware of the way criminals attempt to scam and be diligent about…
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WSFS Bank’s Partnership with Philadelphia Union a Powerful Alliance That Extends Beyond the Soccer Pitch
A new era of sports fandom and community engagement is emerging in Chester, on the banks of the Delaware River, and spreading throughout the Greater Philadelphia region. WSFS Bank, the area’s oldest and largest locally headquartered bank and trust company, and the Philadelphia Union, our beloved Major League Soccer team, are helping WSFS customers and…
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C&N Donates $15,000 Through EITC Contributions to Main Line Art Center
C&N, a leading financial services company across Pennsylvania and New York, recently donated $15,000 to Main Line Art Center under the Educational Improvement Tax Credit program. Main Line Art Center is a nonprofit community arts center with a mission to inspire and engage people of all ages, abilities, and economic means in visual art through…
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How to Stay Resilient During Economic Uncertainty
How do you deal with economic problems? And how do you deal with financial uncertainty? These two questions are related but there’s a significant difference: while there’s not much you can do to change macroeconomic conditions, you do have the power to respond to them strategically and pragmatically as an individual. Ultimately, your financial situation…
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C&N Announces Winners of 2024 Calendar Photo Contest
C&N’s annual calendar photo contest has concluded with Bernadette Chiaramonte of Wellsboro earning the grand prize spot. Each spring, C&N hosts their annual calendar photo contest for local amateur and professional photographers. The winning photographs are featured in C&N’s upcoming calendar. In August, a panel of employees selected 12 photos for the 2024 Wall Calendar, with all…
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C&N Donates $35,000 Through EITC Contributions to Addiction Treatment Center in Bensalem
C&N has donated $35,000 under the Educational Improvement Tax Credit (EITC) program to Libertae, an addiction treatment center in Bensalem. Libertae is one of a very small number of treatment programs in Pennsylvania dedicated to treating and supporting women with substance use disorders. With an emphasis on gender-informed treatment, Libertae strives to create an environment…
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Firstrust Bank Executive Chairman Richard Green Named of the 150 Most Influential Philadelphians
Richard Green, the Executive Chairman of the Board of Directors and Owner of Firstrust Bank, has been named one of the 150 Most Influential Philadelphians by Philadelphia magazine. Green is the only commercial banker to make the list. He and the other Philadelphians “who are doing amazing things in their field, for our city and…
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Student Loan Repayment Scams Are on the Rise
The U.S. Department of Education ended the three-year pause on student loan payments in August, and starting in October, payments have been due. Scammers are using the resumption of payments and confusion around new student loan forgiveness and repayment programs to try to steal your funds and personal information. How It Works If you’re about to…
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What Is a Home Equity Line of Credit?
With interest rates reaching levels not seen in years, many consumers are taking a close look at their spending and borrowing needs to evaluate their options. One borrowing option that can be particularly valuable to homeowners is a Home Equity Line of Credit (HELOC). An optional feature to consider with most HELOCs that can be…
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Citadel Credit Union Gives $10,000 in Cash to Members Through Credit Card Sweepstakes
Citadel Credit Union has awarded 15 members cash prizes totaling $10,000 as part of its first annual Credit Card Spend & Get Sweepstakes. The Spend & Get Sweepstakes, which ran from June 15 through Aug. 31, provided members a chance to win cash just by using their Citadel credit card for everyday spending. For every…
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How You Can Take Advantage of the Current Housing Market
Homebuyers are currently facing numerous challenges in the market, the two main challenges being home inventory and high interest rates. The lack of inventory is creating a competitive market for sellers, with many homes being sold over asking price. In fact, since 2020, the median home price has increased 26 percent. Inflated home prices combined…
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As Cybercrime Skyrockets, Firstrust Bank Leads the Charge in Cybersecurity
We are all under attack. Cybercrime is skyrocketing in the U.S., fueled by the ever-expanding realm of online services. This digital boom makes personal details — names, Social Security numbers, and birth dates — irresistible targets for hackers. Using this data on the dark web has become big business for cybercriminals. Meanwhile, small businesses are…
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