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Philadelphia Bank Loans
$ 52 million mixed-use development advances to Sharswood | Local news
$ 52 million mall that will include bank, supermarket, restaurant, emergency
care center and apartments…
Investor presses Republic First in Philadelphia to find buyer
Activist investor Driver Management conducted proxy contests at two
community banks this year in an attempt to force the banks to sell. Now
Driver has set his sights on a third: Republic First Bancorp in
Philadelphia.Citing concerns about…
After Investors Bank was put on conditions, CRA protests Amgalamated, Bronx branch closure
After Investors Bank was put on conditions, CRA protests Amgalamated, Bronx
branch closure
By Matthew Russell Lee, Patreon Story Order BBC - gUK - Honduras - ESPN…
Everything has changed because the weather is still good in Philadelphia, but the gang remains the…
Speaking of disconnecting… the second episode of season 15 is
“The Gang Makes Lethal Weapon 7,†a callback to
their previous episodes in which the gang made two unofficial…
Banco Macro Announces Third Quarter 2021 Results | New
Buenos Aires, Argentina, November 24, 2021 / PRNewswire / - Banco Macro SA
(NYSE: BMA; BYMA: BMA)…
Florida Tax Preparer Charged in $ 7 Million Loan Fraud Scheme | Takeover bid
Yesterday, a Florida tax preparer was indicted in an indictment filed in the
Eastern District of Pennsylvania for conspiring to fraudulently obtain more
than $ 7 million in loans from the Paycheck Protection Program (PPP ),
Economic…
Payactiv named finalist for the BAI Global Innovation Award 2021 | New
SAN JOSE, California, November 24, 2021 / PRNewswire / - Payactiv, Inc, a B
Corp Certified Company and the…
OCC: Modernize the banking regulatory perimeter on Bank-Fintech – Technology partnerships
United States: OCC: Modernize the banking regulatory perimeter on
Bank-Fintech partnerships…
Biden to retain Jerome Powell as Fed chairman, appoints Lael Brainard as vice chairman – NBC10…
President Joe Biden announced Monday that he is appointing Jerome Powell to
a second four-year term as Federal Reserve Chairman, endorsing Powell's
stewardship of the economy through a brutal pandemic recession in which
ultra…
Jake Elliott discusses his kicking process and more | Eagles Press Conference – Oakland News…
https://www.youtube.com/watch?v=1rMUwH_IgCQ
https://www.youtube.com/watch?v=1rMUwH_IgCQ Oakland News Now - Jake Elliott
discusses his kicking process and more | Eagles press conference - video
made by the YouTube channel with the logo…
Public banking has the potential to truly revolutionize our economy
The potential of public banks - or the management of taxpayer funds through
state-controlled financial institutions rather than private banks - became
real to me in my city councilor's office in the spring of 2019. A group of
us had…
Renovate your home? Here is how to pay.
Many Americans have turned their attention to home improvements where they
have spent more and more time during the pandemic. Renovating your home can
not only make the stay indoors more enjoyable, but also increase the value
of the home…
Malvern Bancorp, Inc. to Record Loan Impairment in Fourth Position
PAOLI, Pa., November 5, 2021 (GLOBE NEWSWIRE) - Malvern Bancorp, Inc. (the
“Companyâ€) (Nasdaq: MLVF), the holding company of
Malvern Bank, National Association (the…
Why public banking is a step towards revolutionizing our economy
The potential of public banks - or the management of taxpayer funds through
state-controlled financial institutions rather than private banks - became
real to me in my city councilor's office in the spring of 2019. A group of
us had…
FHLB Cincinnati Reports Third Quarter 2021 Results | New
CINCINNATI, 28 October 2021 / PRNewswire / - The Federal Home Loan Bank of
Cincinnati (the FHLB) today…
First Bank Announces Quarterly Cash Dividend Increase
HAMILTON, NJ, October 25, 2021 (GLOBE NEWSWIRE) - First Bank (Nasdaq Global
Market: FRBA) today announced that on October 19, 2021, its board of
directors declared a quarterly cash dividend of 0.06 $ per share to common
shareholders of…
Citizens (CIZN) gains 0.11% in Light Trading on October 22
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Citizens (CIZN) gains 0.44% to close at $ 18.46 on October 21
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The economic rebound still awaits workers
Some companies seem determined to wait for them. Wages have gone up, but
many employers seem reluctant to make other changes to attract workers, like
flexible hours and better benefits. This may be in part because, despite all
their…
Malvern (MLVF) drops 2.07% in active trading on October 15
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Vulnerable US homeowners face uncertainty as mortgage forbearance ends
A real estate sign advertising a "contracted" home is pictured in Vienna,
Virginia, outside Washington on October 20, 2014. REUTERS / Larry
DowningOct. 15 (Reuters) - Nearly half a million low-income homeowners in
the United States, many…
Citizens (CIZN) gains 1.69% to close at $ 18.68 on October 14
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Berkshire Hills Bancorp Expands 44th Corporate Capital Division with Two Seasoned SBA Credit…
BOSTON, October 14, 2021 / PRNewswire / - Berkshire Hills Bancorp, Inc.
(NYSE: BHLB), the parent company of Berkshire Bank, a socially responsible
bank dedicated to the community with branches in New England and new York,
is delighted to…
Philly’s first “green bank” wants to improve access to clean energy and fight climate change
Climate change affects the poorest communities differently. Its effects can
be found in less shaded - and less invested - neighborhoods like the
predominantly black and Latinx-populated game park, for example, which has a
temperature…
How the US is helping wealthy foreigners protect their assets – NBC10 Philadelphia
A mention of "tax havens" usually conjures up images of Caribbean escapes
bathed in sunshine like the Cayman Islands or the buttoned up banks of
Switzerland. Not South Dakota.
But a report detailing how world leaders and…
Soaring inflation and volatility in bond prices challenge investors
Investors looking to avoid the double hazard of rising inflation and falling
bond prices may feel like they are being asked to navigate the mythological
sea creatures Scylla and Charybdis.On the one hand, global inflation, driven
in large…
Rare documents from Alexander Hamilton, including the “Reynolds Pamphlet” auctioned in…
A collection of Alexander Hamilton memorabilia that includes rare documents,
signed letters, checks and broadsides is heading to the auction block on
October 25. The collection is from John E. Herzog, founder of the American
Museum of…
Decline in COVID-19 infections increases private payroll in September
Sign up for our daily email newsletter to stay up to date with the latest
local news across Philadelphia.By Lucia Mutikani
The private sector payroll in the United States rose more than expected in
September as COVID-19 infections began…
most influential women in banking | Best Teams 2021: Centric Financial
As part of American Banker's Most Powerful Women in Banking and Finance
program, we have selected five “best teams†for
2021. Centric Financial is one of the team winners.To view the assessment
criteria…
To compete with conglomerates, independent real estate investors need more funds 100% financing is…
100% financing is key in a tough housing marketPHILADELPHIA, PA / ACCESSWIRE
/ October 5, 2021 / In a booming real estate market, individual buyers must
be prepared to compete with institutional investors with vast resources. If
it is not…
“The arts sector has learned to never take anything for granted”
AAs normal life in Ireland slowly returns after 18 months of forced
lockdown, one of the most heartfelt greetings will undoubtedly be extended
until the live theater reappears.
Philadelphia, here I am!, the modern…
Tech Impact Unveils New ITWorks Training Center on Wilmington Riverfront | New
PHILADELPHIA CREAM, October 1, 2021 / PRNewswire / - Tech Impact, a 501 (c)
(3) that empowers communities…
Bank of Bird-in-Hand reports on the progress of the share offering
Enter Wall Street with StreetInsider Premium. Claim your 1-week free trial
here.
BIRD-IN-HAND, Pa .-- (BUSINESS WIRE) - The Bank of Bird-in-Hand (the “Bank”)
announced that as of September 23, 2021, it had…
Eagles LT Andre Dillard was pretty good against the Cowboys, with gifs and stuff
After it was revealed Friday last week that Jordan Mailata would miss the
Philadelphia Eagles game against the Dallas Cowboys, the LT position has
become a major concern with Andre Dillard replacing. While the Eagles as a
team were bad…
OceanFirst Financial Corp. hosts earnings conference call | Your money
RED BANK, NJ, September 29, 2021 (GLOBE NEWSWIRE) - OceanFirst Financial
Corp. (NASDAQ: OCFC), the holding…
Two people charged with identity theft after using stolen identities of deceased and elderly victims…
Baltimore, Maryland - A federal grand jury has handed down an indictment
charging Lloyd Linwood Comer, 59, of Brandywine, Md., And Doreen Gilmore,
54, of Brandywine, Md. On federal charges of conspiracy to commit fraud by
wire and bank…
Pennsylvania lawmakers unveil marijuana legalization bill with emphasis on social fairness
The United States Supreme Court is under increasing pressure to consider the
legality of establishing safe injection sites where people can use illicit
drugs in a medically supervised environment, Attorneys General of 10 states
and DCs…
Cosmopolitan $ 5.65 billion sale of Blackstone – Front Office Sports
-->!-->>!-->-->!-->-->…
Retrospective: The Story of Edmonds Developer Zophar Lanning Howell III
Zophar Howell III
The people who came to Edmonds when it was still a small developing town
came from a variety of places and backgrounds. Some had very little money
and others were fortunate enough to have a substantial bank. However,…
Hyperion Bank Renewed as SBA “Express” Lender
ATLANTA, September 27, 2021 / PRNewswire / - The U.S. Small Business
Administration has renewed Hyperion Bank's delegated authority status for
the SBA 7 (a) Express Lending Program. Delegation of authority allows
Hyperion to streamline…
T-Bills at Risk as Fed Paves the Way for Yield Breakdown
(Bloomberg) - Traffic on the way to higher Treasury yields finally appears
to be clearing up as central banks move closer to ending emergency pandemic
policies.After being stuck for months, 10-year Treasury yields crossed the
top of a…
California Passes Bill to Improve Conditions for Warehouse Workers
California Passes Bill to Improve Working Conditions for Warehouse Workers
California Governor Gavin Newsom on Wednesday signed a bill that will…
Europe has limited direct exposure to the Evergrande debt crisis
LONDON - European Central Bank President Christine Lagarde believes Europe's
direct exposure to Chinese real estate company Evergrande would be
"limited".This comes at a time when global stock markets are on high alert
to Evergrande's…
Say it’s not Mo! Trucking Fraudsters Benefit From Deployment Of PPP
While the Emergency Relief Program was designed to help struggling small
businesses stay afloat during the global pandemic more than a year ago,
federal investigators say fraudsters - including businesses linked to the
trucking -…
WSFS, partner of a Californian company to offer an online lending platform
Reading time: 2 minutesWSFS Bank has launched a digital personal loan
product powered by Upstart, an artificial intelligence lending platform.
WSFS 'partnership with Upstart extends the bank's personal loan!-->…
Philadelphia Energy Authority Launches New Green Bank – Philadelphia Green Capital Corp.…
PHILADELPHIA CREAM, September 21, 2021 / PRNewswire / - The Philadelphia
Green Capital Corp. (PGCC) opens…
Why Upstart shares are increasing
Upstart Holdings Inc Shares (NASDAQ: UPST) are trading up 10.3% to $ 323.60
despite lack of company-specific news of the session.WSFS Financial
Corporation (NASDAQ: WSFS) today announced the launch of a digital personal
loan product…
William Penn Bank Celebrates Grand Opening of Yardley Borough Branch | Business
BOROUGH OF YARDLEY >> William Penn Bank, based in Bucks County, celebrated
the grand opening of its…
WSFS Bank launches digital platform for personal loans, optimized
WILMINGTON, Del. and SAN MATEO, Calif., September 21, 2021 (GLOBE NEWSWIRE)
- WSFS Bank, the principal subsidiary of WSFS Financial Corporation (Nasdaq:
WSFS), today announced the launch of a digital personal loan product powered
by…
SMBC Closes Funding to Support Redevelopment of 30th Street Station in Philadelphia
SMBC has entered into term loans of $ 246 million for the rental and
redevelopment of Philadelphia's iconic William H. Gray III 30th Street
station. Specifically, SMBC was the sole!-->…
OceanFirst to close 9 branches in Shore and focus more on digital banking
Home prices in Ocean County skyrocketHome prices in Ocean County have
skyrocketed during the pandemic. Six cities saw their prices increase by at
least 30%.Michael L. Diamond, WochitTOMS RIVER - OceanFirst Financial Corp.
plans to close…
MCCC disaster recovery center opens | Local News
BLUE BELL - A disaster recovery center organized to help Montgomery County
residents and business owners…
Citizens Holding Company announces cash dividend
PHILADELPHIA, Miss - (COMMERCIAL THREAD) - Citizens Holding Company (NASDAQ:
CIZN) today announced that its board of directors has declared a cash
dividend of $ 0.24 per share payable on September 30, 2021 to shareholders
of…
Consumers Sitting On Huge ‘War Crate’ Of Savings As COVID Aid Ends
Economists expect the pace of economic growth to slow now that government
transfer payments such as stimulus checks and emergency unemployment
benefits are in the rearview mirror. But the evidence suggests that the
American consumer is…
Sensex crosses 59,500, Nifty beyond 17,700
Indian stock markets opened at an all time high. At the opening bell, the
Nifty was 99 points at 17,728.50 while the Sensex was 365.79 points at
59,506.95. Nifty Bank is approaching 38,000 on September 17th.ITC, SBI, Axis
Bank,…
Markets should open higher in line with positive Asian markets
Trends on SGX Nifty indicate a positive index opening in India with a gain
of 89 points. Nifty futures were trading at 17,694 on the Singapore Stock
Exchange around 7:30 a.m.Indian markets could open higher, in line with
positive…
Berkshire Hills Bancorp Announces Hiring of Lucia “Lucy” Bellomia as Executive Vice…
Berkshire Hills Bancorp announces Lucia 'Lucy' Bellomia
Hired as Executive Vice President, Head of Retail Banking…
5 Ways to Win in 2021 – NBC10 Philadelphia
This story originally appeared on LX.com
Cryptocurrency is part of IT and finance, but don't be intimidated. It's
easy to get started and you don't have to be an expert.
With a little smart investment and a little…
End of federal unemployment benefits. Here are the pandemic assistance programs that can still…
Starting this week, millions of unemployed people in Philadelphia and across
the country will see less money deposited into their bank accounts - if they
receive anything.The enhanced federal unemployment insurance put in place
during the…
Rare historical documents signed by Alexander Hamilton will be auctioned off in Philly
American history buffs, and maybe even fans of the hit Broadway show
"Hamilton", might be interested in an auction taking place in Philadelphia
this fall.
"The Alexander Hamilton Collection", a rare collection of documents signed
by the…
Objective to open 4 “sorting” centers for deliveries
Target will launch sorting centers to help speed up the speed of business,
according to a company blog post.
A sorting center is a site where teams can focus on sorting packages to be
sent to customers from stores, the post said. A pilot…
Miami, Fl: Florida Recording Artist Diamond Blue Smith and Pennsylvania Man Charged
Miami, Fl: Recording Artist and Pennsylvania Man Charged in $ 24 Million
Covid-Relief Fraud Scheme
(STL.News) - A Florida recording artist and a Pennsylvania towing company
owner have been charged for their alleged participation in a…
Pennsylvania Power Plant: Ballard Spahr – Law360
Law360 (August 5, 2021, 3:29 p.m. EDT) - Lawyers for Ballard Spahr LLP took
part in some of the biggest stories of 2020, including the presidential
election, protests against racial injustice and the COVID-19 pandemic .By
putting…
Chase launches business mentoring program for business owners of color
Four years after launching MLK Deli, Tyrone White has reached a level of
success where it employs 30 people at three locations and brings in seven
figures per year.
Despite this, White was unable to secure a business loan, for…
Pennsylvania Republican Senate candidate Jeff Bartos mixes business rhetoric with Culture War…
As Jeff Bartos stood in front of voters at a restaurant in suburban
Philadelphia, he spoke of three priorities for his Republican Senate
campaign: helping small businesses, competing with China, and "restoring the
American dream to our…
We need public banking
While only a few dozen people across the country could attend a subcommittee
hearing Wednesday morning under the House Financial Services…
CEVEC closes a round table to meet a strong demand for viral vector technologies for cell and gene…
DGAP-News: CEVEC Pharmaceuticals GmbH / Keyword (s): Funding
27.07.2021 / 14:00
The issuer is solely responsible for the content of this advertisement.
CEVEC closes the growth financing round to meet strong demand in viral
vector…
Philadelphia delivery guys ready to compete with Grubhub and UberEats
Richard Hernández bought Sabor Rico bakery in Franklinville (formerly A&Y)
in December 2019, three months before the pandemic. He didn't even get a
chance to change the store's sign until he found himself struggling to…
Al Lord took advantage of the tuition hike. He pays for it.
Al Lord, the former chief executive of student loan giant Sallie Mae, has a
complaint about higher education: The price of college is damn too high.
Paying for his grandchildren's education in recent years, he said, has…
Sector update: financials progressively progressing on Friday afternoon
Financial stocks advanced in afternoon trading, with the NYSE Financial
Index rising 0.6% while the SPDR Financial Select Sector ETF was ahead 0.1%.
The Philadelphia housing index also climbed 2% and the SPDR Real Estate
Select…
Creditors rule out another Simon Property Group mall, face massive loss
As the largest mall owner in the United States sheds its malls, CMBS
holders, such as bond funds and pension funds, are taking the losses.
By Wolf Richter for WOLF STREET.
After Simon Property Group, the largest mall owner in the United…
Gov’t Mule announces headlining shows with Trombone Shorty and Orleans Avenue
Gouv't Mule are back on the road this summer and fall. The acclaimed quartet
announced a series of six headlining shows with the GRAMMY-nominated singer,
songwriter and horn blower Shorty Trombone & Orleans Avenue, which will
debut…
We can create a successful public bank – it’s our money!
Editor's Note: We often ask our daily newsletter subscribers what they think
about everything from workplace culture to the power dynamics within the
nonprofit and social impact sector. One of our subscribers, Constance…
Republic First Bancorp, Inc. to Release Second Quarter Financial Results on July 23, 2021
PHILADELPHIA, July 16, 2021 (GLOBE NEWSWIRE) - Republic First Bancorp, Inc.
(NASDAQ: FRBK), the holding company of Republic Bank, has announced that it
plans to release second quarter 2021 financial results on Friday, July 23,
2021. The…
Financial Sector Update for 07/15/2021: SAN, BX, TFC, ATH, APO
FInancial stocks clung to narrow gains in the late afternoon, with the NYSE…
US regulators to assess risks posed by climate change – NBC10 Philadelphia
US Treasury Secretary Janet Yellen has said she will lead efforts by key US
regulators to assess the potential risk climate change poses to the US
financial system, as part of a broad initiative launched by the
administration.…
“Postal banks have helped poor people save a few hundred dollars”
How would you feel about being able to do your banking at your local post
office?
That's the question we asked our community yesterday (via our daily
newsletter) after posting a guest column by researchers who say reverting to
the…
Is money out of fashion? Not everyone has an app for that.
As phone apps and electronic banking have seemingly become ubiquitous, many
wonder if society really needs cash. The answer is always yes, and it
highlights the small but significant number of people who depend on cash to
buy -…
Community Bank System acquires Fringe Benefits Design of Minnesota, Inc.
SYRACUSE, NY - (COMMERCIAL THREAD) - Community Bank System, Inc. (NYSE: CBU)
today announced the acquisition of Fringe Benefits Design of Minnesota, Inc.
(“FBDâ€), a provider of pension…
Trump organization expects Manhattan DA to sue him on Thursday: Source – NBC10 Philadelphia
Two representatives from the Trump organization told NBC News that the
Manhattan district attorney's office was expected to lay a criminal charge
as early as Thursday afternoon, although the potential time was not
confirmed. Law…
Five facts about the new withholding tax credit for children
Advance payments of the child tax credit to qualifying families are expected
to start in July and arrive ... monthly until December.
getty
We are a few weeks away from the arrival of the advance payments of…
$ 670 billion university-industrial complex threatened by online school
The pandemic, and our re-emergence, is reshaping the economy, government and
businesses in a sustainable way. Learn more about how Covid changed the
world forever from the Journal's Heard on the Street…
Millions of Americans refinanced last year, but fewer black and Latin homeowners
From January to October of last year, only 6% of black borrowers refinanced
their mortgage, compared to 12% of white borrowers. The results will appear
in a new report from an economist at the Federal Reserve Bank in Atlanta,
Philadelphia…
Congress removes Trump-era payday lender regulations – NBC10 Philadelphia
Parliament on Thursday overturned a set of regulations enacted on the last
day of the Trump administration, effectively allowing payday lenders to
circumvent state laws restricting interest rates. The House of
Representatives voted…
Wells Fargo calls for the 9th Circ. To End Oakland’s Loan Bias Trial
Law360 (June 23, 2021, 9:30 p.m. EDT) - Wells Fargo on Wednesday urged the
entire Ninth Circuit to end the Oakland trial under the Fair Housing Act,
alleging the bank was targeting minority residents with predatory home loans
that…
Philadelphia business owner accused of pocketing $ 1 million in PPP loans
Former Philadelphia man accused of stealing nearly $ 1 million in loans
meant to help small businesses survive the pandemic, spending the funds on
diamond rings, a new car and a house in Florida , according to federal
prosecutors.Devron…
Lana Bell and Thor Brown join Douglas Elliman in Florida
Christopher Ricci, Lana Bell and Thor M. Brown
Douglas Elliman hired two agents to join the brokerage: Thor Brown in Palm
Beach and Lana Bell in Bay Harbor Islands.
Brown has worked on deals totaling more than $ 150 million in the past…
Is the California Deportation Tsunami Coming? – Orange County Register
The moratorium on evictions in California comes to an end on June 30. Since
the early days of the pandemic, housing analysts have worried about a
tsunami of evictions every time the state lifts tenant protections.
Will there be a…
Philly man allegedly stole nearly $ 1 million in federal paycheck protection program loans and…
Philadelphia man accused of stealing nearly $ 1 million in paycheck
protection program funds provided to his business by the federal government
during COVID-19 pandemic and using the money to buy a Florida home, vehicles
and jewelry,…
Philly Man Stole Nearly $ 1 Million In P3 Loans: Federal Government
PHILADELPHIA - A Philadelphia man has been accused of stealing nearly $ 1
million from the federal paycheck protection program, federal officials
say.Acting United States lawyer Jennifer Arbittier Williams said Devron
Brown, 50, formerly…
Small Business Loan Options in Pennsylvania
In Pennsylvania, small businesses matter. In fact, they represent almost all
of the state's total businesses!
But every business needs capital to operate. If you're short on cash or
looking for working capital to grow your…
Homeless New Yorkers campaign for better rental vouchers
Milton Perez has spent years in the New York shelter system, often sleeping
in dormitory-style rooms with up to 20 other people and only three or four
feet of…
Philly Accelerator Fund creates loan program for minority-owned real estate developers
A new city-backed loan fund is expected to be launched later this year to
help traditionally underprivileged developers build affordable housing in
Philadelphia.
The Philadelphia Accelerator Fund aims to support minority and women-owned…
A little-known provision of the CARES law helps employees pay their student loans
Recent research has shown that the Millennial population (typically born
between 1981 and 1996) is now the largest generation in the U.S. workforce,
and that rising generations (those born after 1996) are expected to cause a
influx of…
Philadelphia Launches Affordable Black and Brown Loan Fund for Real Estate Developers | Local News
Philadelphia is preparing to launch a new city-backed loan fund aimed at
increasing access to capital for black and brown developers building
affordable homes in Philadelphia. The Philadelphia Accelerator Fund, with
municipal funding…
Philadelphia woman unexpectedly lost her job; Repaid $ 169,000 in debt in less than 2 years
Philadelphia-based financial services professional Shaquana Watson-Harkness
has accumulated over $ 169,000 in debt. In an Instagram post, she mentions
that she has accumulated over $ 20,000 in debt while traveling the world.
On New…