Jeff For Banks

MAY 4, 2020

Readers note: You can also view this post on Penn Community Bank's website. Even churches are closed and the new reality had me watching Easter church services from the Cathedral Basilica in Philadelphia on a website. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. Click here.

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Jeff For Banks

APRIL 27, 2019

I along with countless other managers and investors were finally happy. The economy is slowing, as seen in the auto, housing, manufacturing, and retail sectors. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. Chairman Jerome Powell listened and stopped raising short-term rates.

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Jeff For Banks

JULY 8, 2017

They must not see falling oil prices, weak GDP growth, falling gold prices, a narrowing Treasury-TIPS spread, rising debt levels, lower consumer spending, a low labor force participation rate, low productivity, and consumer prices so weak that major retail companies are closing stores at a record pace. Rising debt levels will not stop them.

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Jeff For Banks

AUGUST 1, 2019

Although the economy is looking a little bit tired, I believe that consumers will continue to spend, with retail sales rising, albeit with some volatility. Dorothy has been with Penn Community Bank and its predecessor since November, 2004. The Outlook I am sticking to my forecast of real GDP growth of +2.0% this year, following +2.9%

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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.

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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.,”

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Gonzobanker

DECEMBER 20, 2019

Mark Turner, Executive Chairman of the Board, WSFS Bank – We have to give the nod to an early 2019 retirement of Turner, who had one hell of a run in 12 years at the helm of a great community and wealth bank. billion of assets under management. billion of assets under management. WSFS – Stock Price Under Mark Turner.

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Jeff For Banks

DECEMBER 12, 2017

Today, NPL/total loans is a manageable 0.94%, and the Bank ROA/ROE year-to-date is 1.22% and 11.61% respectively. billion in asset company headquartered in West Virginia, providing community banking services primarily in the Eastern Panhandle and South Central regions of the state, and the Northern and Shenandoah Valley regions of Virginia.

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Jeff For Banks

APRIL 22, 2018

Consumer spending and retail sales have shown weakness since the fourth quarter of 2017 but we should see improvement. The recent March, 2018 report for our Philadelphia Region was overall quite positive; the words “modest” or “moderately” were used 16 times on two pages. Gas prices remain below $3.00

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