American Banker

NOVEMBER 1, 2024

The buyer said it would pay $127 million in stock to acquire William Penn Bancorp in suburban Bristol, Pennsylvania.

Philadelphia 41

Philadelphia Pennsylvania Community Bank Community 41

American Banker

APRIL 26, 2024

The Philadelphia-based bank's parent company, Republic First Bancshares, had been roiled by a yearslong proxy battle involving activist investors groups and its former CEO.

Philadelphia 92

Philadelphia Groups Company Community Bank 92

American Banker

SEPTEMBER 28, 2023

A proposed settlement between the Philadelphia-based community bank and an activist investor group that has waged a nearly two-year battle for control also calls for overhauling the board of directors.

Philadelphia 45

Philadelphia Capital Community Bank Community 45

American Banker

NOVEMBER 13, 2024

The agency had been on the verge of downgrading Philadelphia-based Republic First Bancorp's CAMELS rating to the lowest level but opted for a less severe remedy after a November 2020 visit.

Philadelphia 36

Philadelphia FDIC Community Bank Community 36

PYMNTS

AUGUST 17, 2020

A Philadelphia-based mall owner is taking a proactive approach to the digital shift and back-to-school shopping. PREIT (Philadelphia Real Estate Investment Trust) is curating its first eCommerce offering in what it says is a unique avenue to engage consumers from a multi-retail perspective. Coradino , CEO of PREIT.

Philadelphia 164

Philadelphia Regional United States Community 164

American Banker

FEBRUARY 29, 2024

Citing missed deadlines for an annual meeting and key regulatory filing, the Norcross-Braca group has called off a plan to invest $35 million in the Philadelphia bank.

Philadelphia 85

Philadelphia Capital Meeting Groups 85

American Banker

MAY 10, 2024

American Heritage Federal Credit Union in Philadelphia plans to acquire three branches and $105 million of deposits from Linkbancorp. The deal is part of a growing number of transactions involving credit unions buying whole banks or portions of their branch networks.

New Jersey 74

New Jersey Philadelphia Operations Community Bank 74

PYMNTS

APRIL 26, 2019

To accomplish our mission, everyone in the community needs to have access to real food.” for the community, the company and the customer. In other cashless payment news, Philadelphia recently passed a ban on cashless stores – the first big U.S. The Philadelphia measure does have some exceptions.

Philadelphia 131

Philadelphia New York City New Jersey New York 131

American Banker

JULY 6, 2023

Under a written agreement, Quontic pledged not to distribute capital without the permission of its regulators. It's the third enforcement action in five years against the small New York-based bank.

Philadelphia 36

Philadelphia New York Regulation Capital 36

Independent Banker

JUNE 30, 2022

Last year, community bank loan producers were faced with both record-low interest rates and a glut of deposits. But as they always do, they came through for individuals and businesses in their communities with a combination of personalized service and prudent risk management practices. First Community Bank of the Heartland, Inc.

Community Bank 172

Community Bank Community National Philadelphia 172

PYMNTS

MAY 22, 2020

Put forth by a consortium of Philadelphia-area advocacy groups and academics, a Regenerator is a kind of public-private partnership that will coordinate available resources and find new ones to help individual businesses survive. “As It’s called Main Street Regenerators.

Maine 138

Maine Philadelphia Community Groups 138

American Banker

JULY 7, 2023

The acquisition of Malvern Bancorp, expected to close this month, would hasten First Bank's efforts to further fortify its footprint stretching from Philadelphia to New York City.

New Jersey 74

New Jersey New York City Philadelphia New York 74

American Banker

DECEMBER 22, 2022

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Philadelphia 81

Philadelphia Community Bank Industry Community 81

American Banker

JUNE 1, 2023

An activist investor blasted the appointment of Andrew Cohen, saying he has long served on the Philadelphia bank's board and shares responsibility for its financial troubles.

Philadelphia 69

Philadelphia Community Bank Industry Community 69

American Banker

OCTOBER 17, 2016

has bought the assets of West Capital Management in Philadelphia. WSFS Financial in Wilmington, Del.,

Philadelphia 28

Philadelphia Management Capital Community Bank 28

American Banker

APRIL 29, 2024

The first bank failure of 2024 will result in the Lancaster, Pennsylvania-based Fulton nearly doubling deposits in Philadelphia, a market it has viewed as strategically important for several years.

Philadelphia 41

Philadelphia Pennsylvania Marketing Community Bank 41

PYMNTS

SEPTEMBER 14, 2020

The dine-in payment feature will launch in Atlanta, Boston, Chicago, Indianapolis, Philadelphia, New York City, Vermont, and Washington, D.C. The food pickup option will be available everywhere Friday (Sept.

San Francisco 190

San Francisco Indianapolis New York City Vermont 190

PYMNTS

MARCH 13, 2019

area, Philadelphia and Boston. The bank said about 30 percent of the branches will be in low or moderately low income communities. This expansion marks a major milestone for our firm by allowing us to serve more customers, small businesses and communities across the country,” said Thasunda Duckett, CEO of consumer banking for Chase. “To

St. Louis 145

St. Louis US South Carolina North Carolina 145

American Banker

FEBRUARY 24, 2021

The founder of Commerce Bank in New Jersey and Metro Bank in the United Kingdom has served as Republic First's chairman since 2016.

Philadelphia 57

Philadelphia New Jersey Metro Community Bank 57

PYMNTS

MARCH 3, 2020

Amazon has established smaller warehouses around Dallas, Phoenix, Philadelphia and Orlando to make its same-day deliveries faster. . We’re proud of the fact that our Same-Day services are driven in partnership with local communities where we operate and made possible by the people who live there.

Phoenix 175

Phoenix Philadelphia Dallas Community 175

Independent Banker

JANUARY 31, 2022

These community banks are working to fix that through microlending programs. Now, some community banks are launching microlending programs to redress the balance. That realization sparked the idea at Summit Bank to create a microloan program that would target underserved groups in its communities. By Beth Mattson-Teig.

Lending 150

Lending Community Community Bank Compliance 150

PYMNTS

NOVEMBER 5, 2020

Philadelphia-based goPuff, which bills itself as a kind of catch-all service for helping customers with various everyday shopping needs, is hoping to use the announcement to enter into the California market, the blog post stated. Digital delivery service goPuff will acquire BevMo , a specialty beverage retailer based on the U.S.

Los Angeles 165

Los Angeles California Philadelphia Arizona 165

American Banker

DECEMBER 10, 2021

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Philadelphia 87

Philadelphia Community Bank Community 87

American Banker

JULY 2, 2023

Investors will get the chance to fill three director seats at the Philadelphia company, which last held an annual meeting in April 2021 and has been embroiled in a legal fight with a shareholder group.

Meeting 41

Meeting Philadelphia Groups Company 41

American Banker

AUGUST 22, 2023

News of the delisting, prompted by ongoing delays related to filing its 2022 annual report, triggered a selloff of the Philadelphia-based company's battered stock.

Philadelphia 36

Philadelphia Report Company Community Bank 36

American Banker

OCTOBER 31, 2023

A $35 million capital bump from a once-hostile investor group may have helped the Philadelphia bank avoid collapse. Still, it reported $30 million of quarterly operating losses and heavy securities risk in a recently filed call report.

Philadelphia 36

Philadelphia Capital Groups Security 36

PYMNTS

FEBRUARY 15, 2018

The talks — and the retail offerings — will come to WeWork spaces in New York, San Francisco, Atlanta and Philadelphia, Glossy reported. These events will bring together inspiring professionals and unique voices to talk about what success and the power of community means to them,” Skyler told Glossy.

Retail 108

Retail San Francisco Philadelphia Atlanta 108

PYMNTS

DECEMBER 31, 2020

For example, Philadelphia restaurateur Tamekah Bost told PYMNTS in a digital round table discussion that the secret to staying alive in 2020 has been openness to reinvention at a moment’s notice. Small businesses are the backbone of eBay, as well as the engine of jobs, progress and prosperity for communities across the U.S.,”

Maine 169

Maine Philadelphia Community Boston 169

American Banker

MARCH 2, 2022

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Philadelphia 53

Philadelphia Community Bank Community 53

Abrigo

AUGUST 28, 2022

Adams, supervising examiner at the Federal Reserve Bank of Philadelphia, pricing is a key underwriting factor that should be addressed as part of a sound loan policy. According to James L.

Software 195

Software Lending Capital Philadelphia 195

Banking 2020

MAY 21, 2015

Banks and credit unions alike often find themselves wondering how they can further connect with their local communities. In this FI Highlight, Christopher McGill, president and CEO of East River Bank in Philadelphia, discusses how his bank’s marketing initiatives are helping to drive community engagement.

Philadelphia 40

Philadelphia Community ATM Customer Experience 40

Jeff For Banks

NOVEMBER 6, 2011

This has kept investment options for community financial institutions at historic lows. Community FIs are experiencing similar activity from their Main Street customers. Community FI customers are parking their money waiting for better, more certain times. Low loan demand further exasperates the challenge.

Community 64

Community New York FDIC Philadelphia 64

American Banker

MARCH 16, 2022

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Philadelphia 42

Philadelphia Groups Community Bank Community 42

American Banker

OCTOBER 23, 2020

The bank said the move will give it more flexibility for raising capital.

Philadelphia 32

Philadelphia Company Capital Pennsylvania 32

American Banker

DECEMBER 14, 2020

million merger of Linkbancorp and Gratz Bank would create a company with over $800 million of assets and nine branches stretching from Harrisburg to the Philadelphia suburbs.

Pennsylvania 37

Pennsylvania Philadelphia Company Community Bank 37

Independent Banker

MARCH 31, 2022

Faced with several transitional issues, here’s how these community banks gained support from their new providers to adapt to the change. The CEO, CFO, chief lender, chief compliance officer, operation lead, head tellers, branch managers and HR manager of the $330 million-asset community bank participated. asset community bank. “If

How To 91

How To Community Bank Community System 91

PYMNTS

MAY 2, 2016

The move comes after community representatives complained that the service’s geographic limitations had some racial disparities. The firm also pointed to cities like San Francisco and Philadelphia where there is no disparity reported. Amazon’s same-day delivery program is coming to the Bronx.

San Francisco 100

San Francisco New York New York City Boston 100