Banking & Finance
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Meridian Bank Supports Paoli Hospital as Title Sponsor for 2023 Golf Classic
On Tuesday, May 16, Meridian Bank proudly supported the Paoli Hospital Foundation as the Title Sponsor for this year’s Golf Classic. Chris Annas, CEO of Meridian Bank, Geoff Sheehan, SVP C&I Lending, and Jessica Annas Tiagwad, SVP Marketing, presented a $50,000 donation to Paoli Hospital Foundation team members Elaine Bailey, Board Chair, and Meghan Sayer,…
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Ways to Protect Your Business Accounts Against Fraud, Volatility
Recent events have brought new attention to the financial services industry and have business leaders wondering if they are taking the right steps to ensure their money is safe. There are several ways to safeguard against threats like fraud or market volatility but ensuring your business’ money is protected in Federal Deposit Insurance Corporation (FDIC)…
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How to Avoid Artificial Intelligence and Deep Fake Scams
Artificial intelligence (AI) can be a powerful tool, but what happens when it falls into the hands of scammers? While AI can help with things like chatbots for customer service and writing emails, it can also be leveraged by nefarious actors through deep fake scams that can mimic human voices, create fake videos, photos, and…
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Citadel Credit Union Honors 31 Local Teachers with Citadel Heart of Learning Award, $58,000 in Grants
Citadel Credit Union has recognized 31 teachers in Greater Philadelphia for going above and beyond and truly “building strength in education.” The company has awarded the winners more than $58,000 in grants and the prestigious Citadel Heart of Learning Award. Twenty-eight winners received a hand-blown glass heart award and a $1,000 cash prize. Also, three…
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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 attempt, 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 FraudScammers don’t discriminate when it comes to the…
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Nearly 1,200 WSFS Bank Associates Volunteer Across the Region for Inaugural ‘We Stand for Service Day’
Nearly 1,200 WSFS Bank associates volunteered across the Greater Philadelphia and Delaware region on June 14 as part of the bank’s first-ever “We Stand for Service Day.” This company-wide day of giving back through volunteerism saw approximately 1,200 associates join together to volunteer nearly 5,000 hours and make an impact at organizations across the region.…
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Meridian Bank Opens Main Line Flagship Location in Wayne
On Wednesday, June 14, Meridian Bank debuted their flagship Main Line office with an official Ribbon Cutting Ceremony in downtown Wayne. Meridian executives, VIP customers, prominent business owners and local influencers attended the celebration which showed a first look at the inside of the newly renovated location at the intersection of N. Wayne and Lancaster…
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See Which Delaware County Companies Made It to the Fortune 500
There are 13 companies in the Philadelphia area appearing on the Fortune 500 for the third straight year, though some saw their positions change significantly, writes Ryan Mulligan for Philadelphia Business Journal. The Fortune 500 ranks publicly traded companies by their annual revenue each year. This latest list came out Monday. Five companies from the…
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Delaware County Leadership: Georgann Berger McKenna, EVP and Chief Human Resources Officer, Penn Community Bank
Georgann Berger McKenna, Chief Human Resources Officer at Penn Community Bank, recently sat down with DELCO Today to discuss her role at the bank and career path from high school teacher to the C-Suite at the region’s largest mutual bank. In our conversation, McKenna talks about the lessons she learned working on a blueberry farm…
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Applying for a Mortgage: Top Dos and Don’ts
Buying a home for the first time is likely the largest purchase people will make at that point in their lives. And for those looking to upgrade their home, the financial stakes are higher. With that comes a lot of preparation, responsibility, and even stress. A recent WSFS Mortgage survey found that 37 percent of…
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The Last Time Firstrust Vice President Mort Kolman Sought Employment, James Tate Was Philadelphia Mayor and Richard Nixon Was President
In the current era of career pivots and midlife-crisis profession overhauls, Mort Kolman is a standout. This banking-industry veteran has had but one employer over his 60-year career. He is Vice President of Business Development at Firstrust Bank, which underwent some rebrandings over the decades but remains at its core the same institution that hired…
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Green Family Foundation and Firstrust Bank Award $365,000 to 24 High School Seniors
The Green Family Foundation and Firstrust Bank recently awarded 24 high school seniors from Greater Philadelphia and the Lehigh Valley with $365,000 in college scholarships at the 54th annual Samuel A. Green Scholarship Program ceremony. The Samuel A. Green Scholarship Program, one of the region’s most renowned high school scholarship programs, granted two-year college scholarships…
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WSFS Bank Teams Up with Philadelphia Union to Launch Co-Branded Debit Card
As the official bank and community supporter of the Philadelphia Union and Subaru Park, WSFS Bank has teamed up with the Major League Soccer franchise to launch a co-branded debit card. WSFS is offering a one-of-a-kind design that features the Philadelphia Union logo and colors to showcase fan support for their hometown team. The card…
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New Meridian Bank Partnership Will Launch Business Credit Card Program
Meridian Bank has partnered with Corserv, a company that empowers banks and fintech with payment programs, to implement an industry-leading credit card program to serve Meridian’s business and commercial customers. Meridian Bank is a $2 billion full-service commercial bank, founded in 2004 and headquartered in Greater Philadelphia with offices in Pennsylvania, New Jersey, Delaware, Maryland,…
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Delaware County Leadership: Lewis Cyr, Chief Lending Officer, Penn Community Bank
Lewis Cyr, Chief Lending Officer at Penn Community Bank, spoke to DELCO Today about his role at the bank and his career path from growing up the youngest of six children in a small factory town to the C-Suite at the region’s largest mutual bank. In our conversation, Cyr shared the two key lessons he…
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Access to Capital 101: Explore Your Options
For many small business owners, taking the next step with their business’s growth comes down to available cash flow. Managing cash flow and comparing it to a business’s financial projections allows owners to make important financial decisions to help sustain and grow their business, like applying for a loan. However, gaining access to the capital…
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After 20-Plus Years at the Helm, Citadel Credit Union CEO Announces Retirement
Jeff March, Citadel Credit Union’s longtime President and CEO, will retire by the end of the year, after his successor is selected. This announcement was first shared via an internal memo to all Citadel employees. March began working at Citadel 40 years ago in 1983 and has been in his current leadership role since 2001.…
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S&T Bank Branch Manager Maintains Commitment to Community
S&T Bank branch manager Ratnam Rakesh and his team are always ready to lend a hand whether you are a new customer or have stepped through their doors many times before. For over 120 years, S&T Bank has been committed to personal banking and helping customers meet their financial goals. The bank’s strength lies in…
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