Financial

National Penn to hold Identity Theft Shred Day in Royersford

National Penn to hold Identity Theft Shred Day in Royersford

By Catharine Bower National Penn Bank will host a free Community Shred Day event from 9:00 a.m. until 1:00 p.m. at its Royersford Community Office located at 793 Main Street in Royersford, PA. Royersford residents can safely shred unwanted personal and confidential documents Residents are invited to bring personal and confidential items such as...
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Take Steps to Prevent Identity Theft at National Penn’s Community Shred Day Event

Take Steps to Prevent Identity Theft at National Penn’s Community Shred Day Event

On Saturday, October 3, 2009, National Penn Bank will host a free Community Shred Day event from 9:00 a.m. until 1:00 p.m. at its Phoenixville Community Office located at 702 S. Main Street in Phoenixville, PA. Residents are invited to bring personal and confidential items such as receipts and invoices to the community office...
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Has the Stimulus Really Created or Saved One Million Jobs?

Has the Stimulus Really Created or Saved One Million Jobs?

by Christopher Flavelle, ProPublica On Thursday, the president’s Council of Economic Advisers released its first quarterly report on the economic impact of the stimulus. The next day’s headlines seized on a single number in the report: one million, the council’s estimate of how many jobs the stimulus had created or saved. But how solid...
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Limerick Based Bank Announces Reorganization

Limerick Based Bank Announces Reorganization

Limerick, Pa – The Victory Bank announced the completion on September 8, 2009 of its reorganization as a wholly owned subsidiary of a new holding company, The Victory Bancorp, Inc.  In the reorganization, each outstanding share of common stock of The Victory Bank was converted into one share of common stock of The Victory...
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Univest Receives 2 Awards from Philadelphia Corporate Philanthropic Summit

Univest Receives 2 Awards from Philadelphia Corporate Philanthropic Summit

SOUDERTON, Pa., – Univest Corporation (listed on NASDAQ: UVSP) demonstrated its ongoing support to the communities it serves by continuing to provide financial support totaling up to $175,000 to 91 nonprofit organizations during the second quarter of 2009. In addition to its contributions, Univest also received two prestigious awards through the Philadelphia Corporate Philanthropic...
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Property Tax/Rent Rebate Deadline Extended

Property Tax/Rent Rebate Deadline Extended

The deadline to apply for Pennsylvania’s Property Tax/Rent Rebate Program for older adults and residents with disabilities has been extended to December 31. “Property Tax/Rent Rebates are combining with general property tax relief from slots gaming to completely eliminate school property taxes for about 110,000 older adults this year,” said Secretary of Revenue Stephen...
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Pa collects $19.9 Million less than expected

Pa collects $19.9 Million less than expected

HARRISBURG – Secretary of Revenue Stephen H. Stetler today reported that Pennsylvania collected $1.6 billion in General Fund revenue in August, which was $19.9 million, or 1.2 percent, less than anticipated. Fiscal year-to-date General Fund collections total $3.3 billion, which is $22 million, or 0.7 percent, below estimate. Sales tax receipts totaled $662.7 million...
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New Consumer Protections for Credit Cards & Mortgages

New Consumer Protections for Credit Cards & Mortgages

New federal consumer protections for credit cards and mortgages — including prohibitions against abusive lending practices and requirements for clearer, more timely disclosures — will help people avoid surprises. The Summer 2009 issue of FDIC Consumer News from the Federal Deposit Insurance Corporation features key changes in the rules and what they mean for...
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Local Counterfeit Cashier’s Checks – Consumer Beware

Local Counterfeit Cashier’s Checks – Consumer Beware

Allegiance Bank of North America, Bala Cynwyd, Pennsylvania, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit cashier’s checks bearing the institution’s name are in circulation. The counterfeit items display the routing number 031918543, which is assigned to Allegiance Bank of North America. A security feature statement is embedded in a...
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Sale of State Office Building Will Cost Taxpayers $55 Million

Sale of State Office Building Will Cost Taxpayers $55 Million

The Pa Auditor General said today that a special investigation has determined that the sale of the State Office Building here will cost taxpayers almost $55 million rather than save money, as the Department of General Services asserted when it sold the landmark structure for $4.6 million last April. Wagner sent copies of his...
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