Banking & Finance
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Women in Banking: WSFS Bank Supports Women as They Climb the Corporate Ladder
Statistics indicate that there’s an almost equal share of men and women working at the entry-level of the financial services industry. However, the number of women declines with each rung up the corporate ladder, reports WSFS Bank. WSFS Bank fosters an environment where women are supported, and it has an impressive roster of women to…
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Meridian Bank Exhibits Limited-Edition Artwork from One of Its Customers, a Globetrotting Photographer
at the Meridian Bank Paoli branch is exhibiting limited-edition artwork from one of its customers, a local artist and photographer whose work includes portraits of presidents and celebrities and photo assignments promoting global humanitarian efforts. When Shea Winter Roggio walked into his local Meridian Bank branch, he noticed a 22-foot wall that was stark and…
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Delaware County Leadership: Mary Ann Messmer, SVP, Head of Private Banking at Meridian Bank
Mary Ann Messmer, SVP, Head of Private Banking at Meridian Bank, spoke with BUCKSCO.Today about growing up in Blue Bell as the daughter of a World War II veteran; playing multiple sports, which enabled her to spend quality time with her father; and, despite the initial objection of her parents, attending La Salle University, where…
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Thinking About Selling Your Business in 2022? Here Are a Few Ideas to Consider
It remains to be seen if 2022’s unique blend of positive and negative factors will slow down the piping hot mergers and acquisitions (M&A) market that emerged in 2021. On the positive side for potential sellers, strong economic and profit growth plus record amounts of capital remain potent forces. These factors are likely to drive…
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Malvern Bank Appoints Two New Executives, ‘Both Perfect Fits’ for Its Culture of Providing High-Level Service
Malvern Bank, National Association has appointed Sandra G.M. Selzer as Executive Vice President, General Counsel, and Susan Marshall as Senior Vice President, Director of Human Resources. As General Counsel, Selzer will provide legal advice and strategies to Malvern’s Board of Directors and executive team. She has nearly two decades of experience as a corporate attorney,…
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Malvern Bank Supports the Manufacturing Industry, Where Careers Are Not Just Rewarding but Also Cool
A study from Deloitte, the multinational professional services network, revealed that less than 5 in 10 Americans believe manufacturing jobs are rewarding, stable, safe, or secure. Only 3 in 10 would encourage their children to pursue a career in manufacturing. The truth is that the manufacturing industry is making significant technological advances and steadily becoming more…
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Considering a Second Home or Investment Property? New Fees Could Make It More Expensive; Local Mortgage Lender Says Now’s the Time to Act
Purchasing an investment property or second home will soon cost more due to new upfront fees for second-home loans by the Federal Housing Finance Agency, says WSFS Mortgage. Potential owners looking to finally buy that vacation home in the Poconos, or at the Jersey Shore, are encouraged to seek advice on how the fees will…
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C&N Welcomes Matthew L. Bower as Executive Vice President, Chief Wealth Management Officer
Citizens & Northern Corporation announced that Matthew L. Bower will lead the C&N Wealth Management team as EVP, Chief Wealth Management Officer. With Bower’s 25 years of industry experience, he brings a depth of knowledge and leadership experience to C&N. Most recently, he led PNC’s Wealth Management Group in Atlanta, Ga., as Managing Director, delivering…
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Gov. Wolf Increases Minimum Wage for Commonwealth Employees to $15
As of January 31, some state workers in Pennsylvania received a raise, thanks to a boost to the Pennsylvania minimum wage. A staff report from 6abc tallied the details. Governor Tom Wolf has increased the minimum wage for commonwealth employees to $15 per hour. “Increases in the minimum wage raise employee morale, productivity and work…
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Cryptocurrency 101: Here’s What You Need to Know
The topic of cryptocurrency is discussed by pundits on the news, influencers on social media, and people trying to make small talk. You would think with how much cryptocurrency gets mentioned we would all be experts by now. But it feels like when you try to ask someone what cryptocurrency is or why they own…
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Meridian Bank Closes SBA Loan for Local, Family-Owned Biotech Company
The Meridian Bank SBA Lending Team has closed a $1,350,000 SBA loan for a Delaware County-based company to purchase commercial real estate and FF&E (furniture, fixtures, and equipment). The mortgage loan was structured with a fully amortizing 25-year term and financed 90 percent of the real estate purchase, new equipment, funds for minor property improvements,…
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Struggling Pa. Homeowners Can Apply for Financial Help to Avoid Losing Their Homes
Starting February 1, Pennsylvania homeowners who are struggling due to the pandemic can apply for federal assistance to keep them from losing their homes, writes Michaelle Bond for The Philadelphia Inquirer. Pennsylvania has received $350 million through the federal Homeowner Assistance Fund under the American Rescue Plan Act. The resource is heading to the Pennsylvania…
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WSFS Bank’s Charitable Donations — More Than $2 Million in 2021 — Are a Catalyst for ‘Generational Change’
The charitable-giving arm of WSFS Bank, the WSFS CARES Foundation, provided grants and donations totaling more than $2 million to 349 organizations located across Delaware, New Jersey, and Pennsylvania in 2021. “For nearly 200 years, WSFS has worked tirelessly to enrich our communities through our philanthropic efforts, personal commitment to service, and intentional desire to…
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Firstrust Bank: 88 Years of Grit, Vision, and Family Strength in a Local Financial Institution
American life in 1934 was on the upswing. The Great Depression was showing signs of abating; the U.S. gasped at the first photograph of the Loch Ness Monster; and Donald Duck debuted on movie screens. And locally, what would eventually become Firstrust Bank was launched by Samuel A. Green. Humble Beginnings and Familial Continuity Samuel…
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Green Family Foundation and Firstrust Bank Eagerly Anticipate Receipt of College Scholarship Applications from Class of 2022
For the past 53 years, the Green Family Foundation has supported local high schoolers in pursuit of college degrees. It has done so in collaboration with Firstrust Bank, overseeing a scholarship program with far-reaching implications. The charitable outreach is again committing to help area students gain an advanced degree from which to launch a lucrative…
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Forecast of Vanguard CEO, Top Strategists: Next Decade One of More Modest Returns
Vanguard CEO Mortimer “Tim” Buckley and the firm’s two top strategists have offered investors a lackluster stock market forecast for the following decade, writes Erin Arvedlund for The Philadelphia Inquirer. They warned investors that they should expect to see far more modest returns this year with those returns continuing over the coming decade, while also…
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First Resource Bank Proud to Support Fame Fire Company’s ‘Unwavering Dedication’ to Public Safety
The 184-year-old Fame Fire Company of West Chester launched a historic capital campaign with the help of First Resource Bank in 2014 to renovate and expand its station on Rosedale Avenue. Although that overhaul is now complete, the fundraising is not yet over. Fame raised approximately $2 million toward its $2.5 million goal, then turned…
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Meridian Bank Donates $2,500 to Great Valley School District Education Foundation
Aliese Rosado, Assistant Vice President and Retail Market Manager at Meridian Bank, recently visited the Great Valley School District, along with her colleague, Carl Buchholz, the bank’s SBA Franchise Specialist and a 2009 graduate of Great Valley High School. The pair presented a $2,500 check to the Great Valley School District Education Foundation (GVSDEF). The…
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