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Thursday, March 18, 2021
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Trending: Next round of the Payroll Protection Program gets underway on ...

The  Small Business Administration (SBA),  will reopen the Payroll Protection Program on the week of Jan. 11 for new borrowers and some existing PPP borrowers. Only community financial institutions will be able to make First...
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WSFS cautions customers about stimulus scams

Wilmington-based WSFS is cautioning customers about scams related to stimulus checks and other aspects of the recently signed stimulus bill. "We caution customers to continue to be alert to fraud. Please be reminded that WSFS...
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Third bonus available for DE Relief Grant recipients

Gov. John Carney has announced additional bonus funds for DE Relief Grant recipients. This is the third bonus announcement. The Relief Grants target businesses that have been affected by the Covid-19 pandemic. Funding comes from...
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Chase opens 7th branch in Greenville

Chase has opened its seventh Delaware bank branch in Greenville earlier this month. Six branches  are open to the public (the other is an employee branch). JPMorgan Chase has opened five branches in Delaware in 2020...
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Taking a pass on SPACs

By James Lee Over lunch, I heard Jim Cramer ranting on CNBC that "Anyone who is anyone has a SPAC right now." That's not too far from the truth... legendary hedge fund manager Bill Ackman,...
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Trending: The 200 largest Delaware Payroll Protection Program recipients

The Investigative Reporting Workshop’s  Accountability Project has compiled data on all Payroll Protection Program allocations for Delaware and all other states. The Investigative Reporting Workshop and other news organizations were able to obtain records on all...
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PNC’s 12 Days of Christmas price index plunges, thanks to lack of...

This year, PNC's 37th annual Christmas Price Index was adjusted for the pandemic. PNC has branch offices, investment management, and other operations in Delaware. Taking inspiration from the song 12 Days of Christmas, the index measures...
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FDIC ends compliance order for North Wilmnington-based Bancorp

The Bancorp, Inc. announced that the Federal Deposit Insurance Corporation (has terminated its Consent Order with the Bank principally related to consumer compliance and third-party risk management. The termination of this Consent Order concludes all...
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Startup 302 pitch competition to focus on those facing funding inequities

Delaware’s revamped Startup302 pitch competition will focus on founders who struggle with funding inequities. In making the announcement, it was noted that only one percent of all venture capital-funded founders are Black, less than half...
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Chase credit card unit announces buy now, pay later feature

  The Wilmington-based Chase credit card business  officially announced My Chase Plan, a digital ‘buy now, pay later’ feature available on eligible Chase consumer credit cards. My Chase Plan allows cardmembers the option to pay...