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Fair Housing Act Foreclosures Subprime lending Redlining Wells Fargo City of Philadelphia, PA 717893Without admitting wrongdoing, the bank has agreed to contribute $10 million to city programs promoting home ownership for low- and moderate-income residents. MORE
has bought the assets of West Capital Management in Philadelphia. WSFS Financial in Wilmington, Del., breaking_news community-banking de pa dealmaking-strategy MORE
12:00 p.m. - 3:00 p.m. Local Host: American Heritage Federal Credit Union. Lunch will be served. Filene Host: Jimese Harkley. Click the arrow below to REGISTER for this event: WHAT IS AN IMPACT ROADSHOW? MORE
In an announcement Friday afternoon, Philadelphia Federal Reserve Bank President Patrick Harker said his regional bank is launching an "Agenda on Poverty and Prosperity" to provide research and recommendations to Fed leaders on the interaction between poverty and economic growth. MORE
In our local area, we are still seeing modest growth in Philadelphia and surrounding counties. Dorothy Jaworski economic update economy financial markets guest post Penn Community Bank Philadelphia economy MORE
As of July 1, cashless stores and restaurants in Philadelphia will be no more. Outside of a few exceptions such as parking lots, hotels, and car rental agencies, the Philadelphia City Council has deemed cashless businesses discriminatory. MORE
99 has agreed to buy East River Bank of Philadelphia. DNB Financial in Downington, Pa., breaking_news community-banking pa m-a dealmaking-strategy MORE
The city would join San Francisco and Philadelphia among cities that prohibit stores and restaurants from only accepting electronic payments. Payments Mobile payments Payment methods Credit cards Cash Visa Mastercard American Express New York MORE
Prudential Bancorp in Philadelphia has a new chief executive. breaking_news people pa community-banking MORE
Dorothy Jaworski economic update economy financial markets Penn Community Bank Philadelphia economyHere we are in July already! The markets continue to roll and bond markets continue to trade in a 25 basis point range, hitting the higher end when they think the economy is strong (why else would the Fed raise rates?) and hitting the lower end when the weak economic data smacks them in the face. I usually write with a cautious tone. Many of my economic views contain the word “weak.” MORE
A new Federal Reserve Bank report opens the door for retailer groups to push again for even lower transaction fees by deflating the argument that small banks have been harmed by the Durbin amendment's reduced debit transaction fees for larger banks. MORE
While Philadelphia Federal Reserve Bank President Patrick Harker believes it’s “inevitable” that central banks will eventually issue digital currencies, he warned that the United States shouldn’t be first in line. MORE
The Philadelphia Federal Reserve’s March Nonmanufacturing Business Outlook Survey showed steep declines Tuesday (March 24) in most data points, with three of them hitting all-time lows. Economy Coronavirus economy News Philadelphia Federal Reserve survey What's HotOne of the first Federal Reserve reports to measure the U.S. economy since the coronavirus pandemic began is pointing to a grim future. MORE
He was just in Philadelphia on January 3rd delivering his last public speech and he nostalgically proclaimed that “the recovery remains incomplete,” which will qualify his comment for the understatement of the year award. Our Philadelphia Eagles excited us and made us optimistic that their 2014 will be bright. MORE
That question was the focus of a breakout session Tuesday at the fourth annual CONNECT Mobile CX Summit in Philadelphia. The answer is complicated, which is usually the case with emerging technology options MORE
12: Number of additional stores that Anchor Shops hopes to build in the Philadelphia and New Jersey region. Anchor Shops is aiming to keep the parts of the department store experience that are still working, while minimizing the portions that drag down department store profits. MORE
CNBC, citing an interview JPMorgan Chase Chief Executive Jamie Dimon had with Jim Cramer on Squawk Alley, reported the company is gearing up to open 50 new branches in Philadelphia, Delaware and southern New Jersey during the course of the next five years. ” As a result of the branch openings, JPMorgan said it will hire as many as 300 employees for the Philadelphia branches and will put $3 billion for mortgages and small business lending in the area. MORE
Lawmakers in Philadelphia have passed a ban on cashless stores, making it the first major city in the U.S. Now stores will be required “to do what businesses have been doing since Ben Franklin was walking the streets of Philadelphia,” he said. MORE
Dorothy Jaworski economic update financial markets guest post Penn Community Bank Philadelphia economyA Long, Cold December I could just scream! MORE
has bought certain operations of Philadelphia mortgage firm Carey, Kramer, Pettit, Panichelli & Associates. A unit of M&T Bank in Buffalo, N.Y., breaking_news consumer-finance dealmaking-strategy national-regional MORE
Investors Bancorp in Short Hills, N.J., has agreed to buy Bank of Princeton in Princeton, N.J. breaking_news community-banking m-a nj pa dealmaking-strategy MORE
The pushback on stores that don’t accept cash seems to be gaining momentum, with Philadelphia the latest municipality to consider a law that would ban cash-free shops. Retailers Compliance Digital payments Cash New Jersey Pennsylvania MORE
Dorothy Jaworski economic update economy First Fed of Bucks County Jeff Marsico Kafafian Group Philadelphia economy Two brutally cold winters in a row! By this time, we have all had enough of the cold, the polar vortex, the snow, the freezing rain, the ice, and the potholes that are left on our roadways to harass and frustrate us. At least we are not in Boston. We need a change of seasons! MORE
These conclusions are diametrically opposed to those released jointly just a few months ago by the Chicago and Philadelphia Fed economists, who determined that online lenders serve those who are systemically underserved by traditional financial channels and benefit greatly from their services. Alternative Finances alternative lending chicago fed Federal Reserve of Cleveland News online lenders online lending online loans Philadelphia regulations MORE
JPMorgan Chase to expand in Boston, Philadelphia, Washington, D.C. Management Financial Trends Retail Banking Channels. 1Retail Banking MORE
Wells Fargo is trying to move beyond its fake account scandal, but that’s not happening at least in the city of Philadelphia, where the embattled bank lost a big government contract. According to a report in CNBC , the Philadelphia City Council voted Monday (May 1) to switch the company that handles its $2 billion payroll account from Wells Fargo to Citizens Bank for its next fiscal year, which begins in July. MORE
Dorothy Jaworski economic update economy guest post Penn Community Bank Philadelphia economyChange Happy 2017, everyone! Who is ready for all of the change that is about to be upon us? A new President will be inaugurated tomorrow, January 20 th , and Donald Trump has promised change. He has used his slogan of Make America Great Again to show that his focus will be on the US and the US economy. MORE
That was on display this week in payments and commerce, as cashless jumped forward in Atlanta with a big partnership, only to get the cold shoulder in Philadelphia where it is now banned by law. The city of Philadelphia certainly worried it is …. MORE
Philadelphia recently became the first major city to pass a ban on cashless shops; New York, San Francisco, Chicago and Washington are reportedly considering passing similar legislation. New Jersey has passed a law banning cashless stores and restaurants, according to reports. MORE
Dorothy Jaworski economic update economy First Fed of Bucks County First Federal of Bucks County Penn Community Bank Philadelphia economyThe Crisis Begins If your country was in default on its debt, in economic distress, and almost out of cash, would you vote “no” to a potential deal to get out of immediate trouble? Even if it meant spending less money- that you don’t have? None of us would do that, but tell that to the Greeks. MORE
The Philadelphia Federal Reserve’s March Nonmanufacturing Business Outlook Survey showed steep declines Tuesday (March 24) in most data points, with three of them hitting all-time lows. Economy Coronavirus economy News Philadelphia Federal Reserve survey What's HotOne of the first Federal Reserve reports to measure the U.S. economy since the coronavirus pandemic began is pointing to a grim future. MORE
Beneficial Bancorp in Philadelphia is planning to eliminate 11% of its workforce over the next three months. breaking_news community-banking pa dealmaking-strategy MORE
The CFPB has announced that it will hold a Town Hall to take place in Philadelphia, Pennsylvania beginning at Noon on May 8, 2019. The event will feature remarks from Director Kraninger as well as comments from community groups, industry representatives, and members of the public. MORE
The Philadelphia-based company announced yesterday it would acquire CardConnect, a payments processing platform. FinTech Acquisition Corp., created to acquire a fintech company, has fulfilled its mission. MORE
Dorothy Jaworski economic update economy financial markets jeff for banks Penn Community Bank Philadelphia economyFinancial Markets & Economic Update- Third Quarter, 2019 Summer is upon us and I cannot wait to get to the beach for vacation. MORE
Dorothy Jaworski economic update financial markets guest post Penn Community Bank Philadelphia economyNever Satisfied The markets never seem to be satisfied. MORE
Philadelphia Related Topics 
PYMNTS
MARCH 7, 2019
Lawmakers in Philadelphia have passed a ban on cashless stores, making it the first major city in the U.S. Now stores will be required “to do what businesses have been doing since Ben Franklin was walking the streets of Philadelphia,” he said.
American Banker
DECEMBER 16, 2019
Fair Housing Act Foreclosures Subprime lending Redlining Wells Fargo City of Philadelphia, PA 717893Without admitting wrongdoing, the bank has agreed to contribute $10 million to city programs promoting home ownership for low- and moderate-income residents.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
MAY 3, 2017
Wells Fargo is trying to move beyond its fake account scandal, but that’s not happening at least in the city of Philadelphia, where the embattled bank lost a big government contract. According to a report in CNBC , the Philadelphia City Council voted Monday (May 1) to switch the company that handles its $2 billion payroll account from Wells Fargo to Citizens Bank for its next fiscal year, which begins in July.
American Banker
SEPTEMBER 23, 2016
In an announcement Friday afternoon, Philadelphia Federal Reserve Bank President Patrick Harker said his regional bank is launching an "Agenda on Poverty and Prosperity" to provide research and recommendations to Fed leaders on the interaction between poverty and economic growth.
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American Banker
OCTOBER 17, 2016
has bought the assets of West Capital Management in Philadelphia. WSFS Financial in Wilmington, Del., breaking_news community-banking de pa dealmaking-strategy
Payments Source
FEBRUARY 5, 2019
The pushback on stores that don’t accept cash seems to be gaining momentum, with Philadelphia the latest municipality to consider a law that would ban cash-free shops. Retailers Compliance Digital payments Cash New Jersey Pennsylvania
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Filene
OCTOBER 19, 2016
12:00 p.m. - 3:00 p.m. Local Host: American Heritage Federal Credit Union. Lunch will be served. Filene Host: Jimese Harkley. Click the arrow below to REGISTER for this event: WHAT IS AN IMPACT ROADSHOW?
CFPB Monitor
APRIL 29, 2019
The CFPB has announced that it will hold a Town Hall to take place in Philadelphia, Pennsylvania beginning at Noon on May 8, 2019. The event will feature remarks from Director Kraninger as well as comments from community groups, industry representatives, and members of the public.
American Banker
MAY 4, 2016
Investors Bancorp in Short Hills, N.J., has agreed to buy Bank of Princeton in Princeton, N.J. breaking_news community-banking m-a nj pa dealmaking-strategy
Payments Source
MARCH 4, 2016
A new Federal Reserve Bank report opens the door for retailer groups to push again for even lower transaction fees by deflating the argument that small banks have been harmed by the Durbin amendment's reduced debit transaction fees for larger banks.
PYMNTS
OCTOBER 3, 2019
While Philadelphia Federal Reserve Bank President Patrick Harker believes it’s “inevitable” that central banks will eventually issue digital currencies, he warned that the United States shouldn’t be first in line.
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PYMNTS
MARCH 24, 2020
The Philadelphia Federal Reserve’s March Nonmanufacturing Business Outlook Survey showed steep declines Tuesday (March 24) in most data points, with three of them hitting all-time lows. Economy Coronavirus economy News Philadelphia Federal Reserve survey What's HotOne of the first Federal Reserve reports to measure the U.S. economy since the coronavirus pandemic began is pointing to a grim future.
PYMNTS
MARCH 24, 2020
The Philadelphia Federal Reserve’s March Nonmanufacturing Business Outlook Survey showed steep declines Tuesday (March 24) in most data points, with three of them hitting all-time lows. Economy Coronavirus economy News Philadelphia Federal Reserve survey What's HotOne of the first Federal Reserve reports to measure the U.S. economy since the coronavirus pandemic began is pointing to a grim future.
PYMNTS
MARCH 11, 2019
That was on display this week in payments and commerce, as cashless jumped forward in Atlanta with a big partnership, only to get the cold shoulder in Philadelphia where it is now banned by law. The city of Philadelphia certainly worried it is ….
PYMNTS
NOVEMBER 14, 2017
These conclusions are diametrically opposed to those released jointly just a few months ago by the Chicago and Philadelphia Fed economists, who determined that online lenders serve those who are systemically underserved by traditional financial channels and benefit greatly from their services. Alternative Finances alternative lending chicago fed Federal Reserve of Cleveland News online lenders online lending online loans Philadelphia regulations
American Banker
JANUARY 23, 2020
The city would join San Francisco and Philadelphia among cities that prohibit stores and restaurants from only accepting electronic payments. Payments Mobile payments Payment methods Credit cards Cash Visa Mastercard American Express New York
Jeff For Banks
JANUARY 18, 2014
He was just in Philadelphia on January 3rd delivering his last public speech and he nostalgically proclaimed that “the recovery remains incomplete,” which will qualify his comment for the understatement of the year award. Our Philadelphia Eagles excited us and made us optimistic that their 2014 will be bright.
Matt Wilcox Pro
MARCH 18, 2019
As of July 1, cashless stores and restaurants in Philadelphia will be no more. Outside of a few exceptions such as parking lots, hotels, and car rental agencies, the Philadelphia City Council has deemed cashless businesses discriminatory.
Jeff For Banks
AUGUST 1, 2019
Dorothy Jaworski economic update economy financial markets jeff for banks Penn Community Bank Philadelphia economyFinancial Markets & Economic Update- Third Quarter, 2019 Summer is upon us and I cannot wait to get to the beach for vacation.
Mobile Payments Today
AUGUST 24, 2017
That question was the focus of a breakout session Tuesday at the fourth annual CONNECT Mobile CX Summit in Philadelphia. The answer is complicated, which is usually the case with emerging technology options
Jeff For Banks
APRIL 27, 2019
Dorothy Jaworski economic update financial markets guest post Penn Community Bank Philadelphia economyNever Satisfied The markets never seem to be satisfied.
American Banker
MAY 4, 2016
Prudential Bancorp in Philadelphia has a new chief executive. breaking_news people pa community-banking
Jeff For Banks
FEBRUARY 1, 2019
Dorothy Jaworski economic update financial markets guest post Penn Community Bank Philadelphia economyA Long, Cold December I could just scream!
Jeff For Banks
AUGUST 12, 2018
In our local area, we are still seeing modest growth in Philadelphia and surrounding counties. Dorothy Jaworski economic update economy financial markets guest post Penn Community Bank Philadelphia economy
ABA Community Banking
FEBRUARY 21, 2018
JPMorgan Chase to expand in Boston, Philadelphia, Washington, D.C. Management Financial Trends Retail Banking Channels. 1Retail Banking
PYMNTS
MARCH 19, 2019
Philadelphia recently became the first major city to pass a ban on cashless shops; New York, San Francisco, Chicago and Washington are reportedly considering passing similar legislation. New Jersey has passed a law banning cashless stores and restaurants, according to reports.
Bank Innovation
MARCH 8, 2016
The Philadelphia-based company announced yesterday it would acquire CardConnect, a payments processing platform. FinTech Acquisition Corp., created to acquire a fintech company, has fulfilled its mission.
Jeff For Banks
JULY 24, 2015
Dorothy Jaworski economic update economy First Fed of Bucks County First Federal of Bucks County Penn Community Bank Philadelphia economyThe Crisis Begins If your country was in default on its debt, in economic distress, and almost out of cash, would you vote “no” to a potential deal to get out of immediate trouble? Even if it meant spending less money- that you don’t have? None of us would do that, but tell that to the Greeks.
PYMNTS
JANUARY 2, 2020
12: Number of additional stores that Anchor Shops hopes to build in the Philadelphia and New Jersey region. Anchor Shops is aiming to keep the parts of the department store experience that are still working, while minimizing the portions that drag down department store profits.
Jeff For Banks
JULY 8, 2017
Dorothy Jaworski economic update economy financial markets Penn Community Bank Philadelphia economyHere we are in July already! The markets continue to roll and bond markets continue to trade in a 25 basis point range, hitting the higher end when they think the economy is strong (why else would the Fed raise rates?) and hitting the lower end when the weak economic data smacks them in the face. I usually write with a cautious tone. Many of my economic views contain the word “weak.”
American Banker
JANUARY 10, 2017
has bought certain operations of Philadelphia mortgage firm Carey, Kramer, Pettit, Panichelli & Associates. A unit of M&T Bank in Buffalo, N.Y., breaking_news consumer-finance dealmaking-strategy national-regional
Jeff For Banks
APRIL 10, 2015
Dorothy Jaworski economic update economy First Fed of Bucks County Jeff Marsico Kafafian Group Philadelphia economy Two brutally cold winters in a row! By this time, we have all had enough of the cold, the polar vortex, the snow, the freezing rain, the ice, and the potholes that are left on our roadways to harass and frustrate us. At least we are not in Boston. We need a change of seasons!
American Banker
APRIL 15, 2016
Beneficial Bancorp in Philadelphia is planning to eliminate 11% of its workforce over the next three months. breaking_news community-banking pa dealmaking-strategy
American Banker
APRIL 5, 2016
has agreed to buy East River Bank of Philadelphia. DNB Financial in Downington, Pa., breaking_news community-banking pa m-a dealmaking-strategy
Jeff For Banks
FEBRUARY 3, 2017
Dorothy Jaworski economic update economy guest post Penn Community Bank Philadelphia economyChange Happy 2017, everyone! Who is ready for all of the change that is about to be upon us? A new President will be inaugurated tomorrow, January 20 th , and Donald Trump has promised change. He has used his slogan of Make America Great Again to show that his focus will be on the US and the US economy.
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