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Monday, December 10, 2018

Delaware part of 42-state settlement over debt collection practices

Delaware joined 41 other states and the District of Columbia in reaching a settlement regarding debt collection practices with Encore Capital Group Inc. and its subsidiaries Midland Credit Management, Inc. and Midland Funding, LLC,...

M&T opens business banking center in Brooklyn

M&T Bank opened a 1600-square-foot Business Banking Center above its Park Slope Branch at the corner of Sterling Place and Flatbush Avenue in Brooklyn. The office will have eight employees, with room to expand the...

Ins and outs of seniors donating to their favorite charities under the...

By Alison C. D. Brooks, CFP, CRPC Brooks is Co-Founder & Chief Operating Officer | Private Wealth Advisor at  Brandywine Oak Private Wealth, Kennett Square The new 2018 tax law has left many Delaware and Pennsylvania...

$210 million settlement okayed in Wilmington Trust shareholder case

The eight-year shareholder lawsuit involving the collapse of Wilmington Trust may be near an end with a  U.S. District Court okaying a  $210 million settlement coming out of U.S. District Court in Delaware. According to...

The right move on 401 (ks)

Good afternoon, Last week, I wrote about DuPont turning over its pension plan over to spin-off ag company Cortera. The decision brought concerns about the future of the defined-benefit plan that pays out a monthly check...

Delaware State University to buy 10 planes for aviation program

Delaware State University  and Florida-based  Ameravia, Inc.  to announce the acquisition of 10 new Vulcanair V1.0 FAA certified single-engine aircraft for the DSU aviation department flight training program. Deliveries will begin in  late 2018 and...

Chase credit cards fare well in USA Today ratings

Chase credit cards won the Best Rewards Credit Card and Best Co-Branded Credit Card, and nine total Chase credit cards placed in the top 10 across the two categories in USA Today’s 10Best Readers’ Choice...

Applications now being taken for Delaware’s Angel Investor Tax Credit program

Qualified investors and high-tech small businesses can now make use of Delaware’s angel investor program.  The Delaware Division of Small Business is now accepting applications for the Angel Investor Tax Credit (AITC) at  www.business.delaware.gov/incentives. The program...

WSFS’ Cyprus Capital division reaches $1 billion market in assets under management

Assets under management by Cypress Capital Management (Cypress Capital), a division of WSFS Financial Corporation, have reached $1 billion.   Cypress Capital caters to individuals, family trusts, charitable organizations, foundations, endowments, and corporate pension and profit-sharing plans.  Founded in 1984, Cypress...

The Bancorp reports earnings spike after sales of retirement account business

The Bancorp, Inc. north Wilmington, reported sharply higher earnings in the third quarter and recorded a gain from the sale of its Individual Retirement Account business. The Bancorp reported net income of $61.3 million for...