Banking & Finance
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Malvern Bank Sponsors Brandywine Polo Club, Offers Financial Solutions for Equestrian Market
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 last month at the club in Toughkenamon. Malvern Bank employees hosted dozens of clients and prospects in the…
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Malvern Federal Charitable Foundation Awards Grants to 14 Nonprofits
The Malvern Federal Charitable Foundation – the charitable arm of Malvern Bank, National Association – has awarded 14 grants totaling $105,000 to nonprofits in its local markets. The organizations were awarded grants at an event held at The General Warren Inne in Malvern, where Laura Fredricks, the founder and CEO of The ASK and a…
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Jill L. Duncan Joins United Way of Greater Philadelphia and Southern New Jersey as Controller
United Way of Greater Philadelphia and Southern New Jersey (UWGPSNJ) has named Jill L. Duncan controller, overseeing all day-to-day financial operations and lead United Way’s finance team. She joined the leadership team officially in July. Duncan brings 20 years of nonprofit expertise. “Joining United Way’s team was a natural step for me and allows me…
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Edmund Jones, 101, Was Part of World History and Local Politics
Edmund Jones assisted with the Nuremberg Trials, founded a bank, was mayor of Swarthmore, was elected to Delaware County Council and served as state representative for the 161st District. He died Sept. 14 at the age of 101, writes Bonnie L. Cook for The Philadelphia Inquirer. A nine-decade Swarthmore resident, Mr. Jones joined his father…
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Chase Bank Celebrates New Upper Darby Branch With Grand Opening Sept. 27
Chase Bank has opened its newest branch at 101B S. 69th Street in Upper Darby. A grand opening took place Friday, Sept. 27. The branch reflects Chase Bank’s more comfortable approach to banking. It features a living-room style set up designed to make the space less intimidating and more welcoming. Attending the grand opening to…
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Malvern Bank Makes a Difference, Donates School Supplies to Local Children in Need
Malvern Bank, National Association has donated a substantial amount of school supplies to the Domestic Violence Center of Chester County (DVCCC) as the culmination of its Back to School Drive. The DVCCC is a charitable organization that supports the community by providing housing, counseling, and assistance with life skills to women (and their children) who…
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Resort Operator in Newtown Square Hires New Exec Ahead of Public Offering
Apple Leisure Group in Newtown Square is preparing for an initial public offering (IPO) or private sale and has hired Alejandro Reynal as its new chief executive, writes Exra Fieser for Bloomburg. Apple Leisure Group is a travel conglomerate that sells vacations and manages resort brands. Alejandro Reynal, the former CEO of the Madrid-based customer…
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He Lived in Delco, but No One Place Could Contain Wells Fargo Exec Louis K. Habina
He lived modestly in a blue collar apartment in Delaware County, but attorney and Wells Fargo exec Louis K. Habina will be beloved as a legend, writes William Bender for The Philadelphia Inquirer. The 64-year-old Philly Pops booster and international racquets player died Sept. 4. “People loved this guy,” said Gregory Montanaro, a vice president…
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Villanova Office Is Part of JPMorgan Chase Expansion Effort
JPMorgan Chase is expecting good things from its office at 795 E. Lancaster Ave. in Villanova, according to a press release. The branch location was chosen because of its prime location on the Main Line and the fact it’s convenient to the Villanova campus community, officials said. Last September, JPMorgan Chase announced an expansion of…
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Sponsorships Still Available for Meridian Bank Golf Classic Benefitting Surrey Services for Seniors
A few sponsorship packages are still available for the Second Annual Meridian Bank Golf Classic Benefitting Surrey Services for Seniors. This exciting event on Tuesday, Sept. 10 at Applebrook Golf Club in Malvern represents a perfect union of the corporate and nonprofit world. Proceeds will support Surrey’s transportation programs, which transport local seniors to medical…
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Malvern Bank’s Back to School Drive Now Underway
Malvern Bank’s Back to School Drive, which collects much-needed school supplies for children who are experiencing homelessness, is underway. This year, the bank will be donating supplies to the Domestic Violence Center of Chester County. DVCCC provides housing, counseling, and assistance with job skills to women who have experienced domestic abuse. It helps the children…
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Incarcerated Chadds Ford Financial Adviser Takes on Notorious Drug Lord and Pays a Price
Peter Bistrian was a former Chadds Ford financial adviser serving time at the Philadelphia Federal Detention Center on a 2006 fraud conviction. He was working as an orderly in solitary when he saw a note on the floor, writes Jeremy Roebuck for the Philadelphia Inquirer. A voice from inside a nearby cell told him to…
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DNB Financial Announces Merger with Bancorp Based in Western Pennsylvania
S&T Bancorp, Inc. – the Indiana, Pa.-based holding company for S&T Bank, with operations in five markets including western Pennsylvania, central Pennsylvania, northeast Ohio, central Ohio, and upstate New York – and DNB Financial Corporation have signed a definitive merger agreement pursuant to which S&T will acquire DNB in an all-stock transaction. DNB shareholders will…
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Delco to Investors: Our Opportunity Zones Are Open For Business
The Chester waterfront is blessed with two major economic entities–the Talen Energy Stadium, hosting the Philadelphia Union soccer team, and Harrah’s Philadelphia Casino and Racetrack. Beyond that there’s a smattering of businesses and a lot of undeveloped property. Over in Lansdowne Borough, the downtown is poised to experience a growth in shops and restaurants, urged…
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Nancy Pelosi Visits Community College to Highlight College Affordability Proposal
House Speaker Nancy Pelosi came to Delaware County Community College in Media Friday to talk about making college affordable, and seemed eager to move on from recent, high-profile spats with President Donald Trump, writes Avi Wolfman-Arent for WHYY.org. “I don’t care about that and I’m not even going there,” Pelosi told the media in attendance.…
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DNB First Employees Build on Their Legacy of Giving Back by Raising Funds for Community Center
Employees of DNB First, one of the first nationally-chartered community banks to serve the Greater Philadelphia region, used the occasion of their annual celebration dinner as an opportunity to build on their legacy of giving back. Every year, the bank hosts employees at a dinner to recognize and celebrate their success in serving customers, shareholders,…
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DNB First Recognizes Local Schools, Organizations for Their Commitment to Educational Excellence
DNB First recently hosted its annual Credit to Education Breakfast to recognize more than 60 local schools and organizations for their outstanding commitment to educational excellence in the community. All of the organizations received a contribution on behalf of DNB First as part of the bank’s involvement with the Commonwealth of Pennsylvania’s Educational Improvement Tax…
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Sharon Bank to Move Headquarters After Nearly a Century and a Half in Darby
After calling Darby Borough home for nearly a century and a half, Sharon Bank is moving its headquarters to Springfield this summer, writes Jeff Blumenthal for the Philadelphia Business Journal. According to CEO Joseph Corrato, the small bank will keep its retail branch on Chester Pike in Darby, but it will move out of its…
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