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Saturday, September 5, 2020
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New Castle County vendor sends out bills to property owners who pay through escrow...

 New Castle County officials have been told that a vendor mistakenly sent property tax bills to nearly 51,000 owners  who make payments through their lender. The county will notify those affected by letter. Property taxes...
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WSFS sees encouraging signs for economy while posting a $7.1 million 2nd...

WSFS Financial Corporation posted a $7.1 million loss in the second quarter as its bank set more money aside for loan losses.  WSFS is based in Wilmington and operates in much of the Delaware Valley,...
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Sallie Mae reports second quarter loss

  Student lender Sallie Mae reported a loss in the second quarter. The loss per share totaled 23 cents, driven by a $243 Million increase to the provision for credit losses, due to future impacts from...
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WSFS begins to open branch lobbies

WSFS is reopening a few bank lobbies in Delaware. While appointments aren’t required at fully opened locations, taking that step could avoid waiting in line due to capacity limits. The bulk of WSFS locations remain...
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Chase opens branch on Market Street

Chase opened its newest Delaware branch on Tuesday at 840 N. Market Street, Wilmington. The Market Street location joins branches at the company's credit card headquarters near the Wilmington Train Station, the Christiana Fashion Center south...
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Nerdit Now and the reality of Business inequality in Delaware

From lack of federal relief funding to lack of contracts, here's what one popular Black-owned founder is really going through  (See Editor's Note Below).   By Holly Quinn   This article appears in a 12-part series on minority entrepreneurship...
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Delaware businesses get 4,872 loans in 2nd round of Payroll Protection Program

Delaware held its own when it came to the second round of Paycheck Protection Act loans. A report from the Small Business Administration indicated that a total of 4,872 loans with a value of more...
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Payroll Protection Program window opens

Hello everyone, The next batch of Payroll Protection Program applications is slated to move through the pipeline today. A total of $360 billion has been allocated for this phase, which comes with restrictions that  (may) keep...
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Revenue bonds for Newark Charter, Delmarva Power, Goldey-Beacom top Monday agenda for state finance...

The Delaware Council on Development Finance is expected to sign off on revenue bonds for Newark Charter School, Delmarva Power and Goldey-Beacom College at a meeting on Monday. Okaying the bonds is generally a formality....
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Coronavirus update: Emergency loans; ServPro disinfects emergency vehicles

Capital Good Fund has launched a Crisis Relief Loan product to assist Delaware families affected by the COVID-19 pandemic. The fund is based in Rhode Island but operates in Delaware “We understand that families are...