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Friday, July 28, 2017

WSFS reports strong results in second quarter

WSFS Financial Corporation parent company of WSFS Bank reported higher earnings in the second quarter.  WSFS reported net income of $20.6 million compared to net income of $17.5 million for the second quarter of 2016...

More details released on Sallie Mae’s plan to add jobs in New Castle

More details have been released on plans by Sallie Mae to expand its operations, with the state’s new economic development agency taking pains to justify the proposed  grant to the student loan banker. Sallie Mae...

ICI credit union to merge with Del-One

Del-One Federal Credit Union    announced that  ICI America Federal Credit Union, New Castle,  will become part of the larger membership group. The  credit union represents  employees and families who were affiliated with companies whose roots...

Contrary to popular belief, millennials are saving up for homes

Millennials are taking their role as the next generation of homebuyers seriously, with one-third planning to purchase a home within the next four to five years, according to the Chase Slate 2017 Credit Outlook. Slate...

Sallie Mae seeks up to $2.16 million from state for 285 jobs

Sallie Mae Bank is seeking  up to $2.16 million from the state to expand its customer service center in New Castle. The money would come from the states  Strategic Fund. The fund ties the grant...

Delaware Board of Trade opens and enters into agreement with exchange group

The Delaware Board of Trade has opened and entered into an agreement with NextGen Exchange Group that involves blockchain and other types of investment technology. According to a release,  NextGen will transfer 5 percent of...

Faw Casson marketing director wins award

Denise Vendrick of Faw Casson was awarded the 2017 Award for Digital Advertising at the Association for Accounting Marketing’s annual award gala on June 14. This award for is the premier recognition on a...

Cecil Bancorp files for Chapter 11, announces stock purchase deals

Cecil Bancorp, Inc., a bank holding company Elkton, MD, has entered into stock purchase agreements that aim to raise $30 million through a private placement of stock.  Cecil Bank. Bancorp also announced it has submitted...

Siegfried Group opens office in Washington, D.C. area

Siegfried  Group has opened a Washington, D.C.-area office   at 7900 Tysons One Place in the Tysons Corner area of northern Virginia. Siegfried, which is based in Wilmington, has 18 offices across the country and employs more than...

PNC offers Apple, Android and Samsung pay options for Visa commercial credit cards

PNC Bank,  announced a new mobile payment option enabling Visa  commercial cardholders to use a smartphone or mobile device to make corporate purchases via Apple Pay,  Android Pay,  and Samsung Pay. PNC is one of the...