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Newark, Delaware
Tuesday, September 26, 2017

South Jersey bank to merge with Bank of Delmarva parent

Delmar Bancorp, parent company of The Bank of Delmarva, and Liberty Bell Bank, Marlton,  NJ, are proceeding with a merger announced earlier  this summer   The deal is valued at $16 million. Delmar Bancorp is...

Siegfried, Belfint, Lyons & Shuman make top 300 CPA firm ranking

Two Delaware-based certified public accounting firms made a national  top 300 list. The Siegfried Group, Wilmington,  was  recognized by Inside  Public Accounting as the fastest-growing CPA firm in the country with an organic growth rate of 18.4...

Wilmington Trust survey shows 58% of privately held firms lack transition plan

A  recent survey from Wilmington Trust and a team of academic advisors found that 58 percent of owners of privately-held businesses lack a transition plan. The research, titled “The Power of Planning,” surveyed more than...

Mohawk Electrical Systems completes 30 years with Workplace Safety Program

Delaware Insurance Commissioner Trinidad Navarro announced that  Mohawk Electrical Systems, Inc.,  Milford, for being the first business in Delaware to complete 30 consecutive years in the Workplace Safety Program. Navarro said “We are excited to...

Bank of America offers car shopping, finance service

Bank of America has launched its new car shopping service, which allows clients to complete the auto financing process with the bank and  search for a car from participating dealerships – all on their mobile device...

Malvern Federal to open private banking office in Delaware

Malvern Federal Savings Bank,  the wholly owned subsidiary of Malvern Bancorp, Inc. announced that it intends to open a Private Banking office in Montchanin in September. The new private banking office will be located at...

Glenmede names Cohen chairman of the board

Glenmede, a privately held and independently owned investment and wealth management firm announced that the board elected Rhonda R. Cohen as chairman of the Board of Directors of The Glenmede Trust Company N.A. Glenmede has...

DuPont offering lump sum pension payment for 9,500 people

DuPont is offering nearly 10,000 retirees a one-time lump payment for their pension benefits.  Spokesman Dan Turner issued the following statement:  "DuPont announced to a group of separated, vested U.S. Pension and Retirement Plan participants that...

IRS warns about growing threat from phishing for W-2 tax form...

  The Internal Revenue Service and other agencies are warning tax professionals  about a surge  in scams involving the W-2 forms The W-2 scam is called a business email compromise or BEC.  The IRS saw a...

And he looked into her eyes and said, ‘What’s your credit score’

 Chase study looks at relationships and money Credit quality and romantic relationships are not separate issues, according to the Chase Slate 2017 Credit Outlook. Chase’s credit card business is based in Wilmington. “When it comes to relationships,...