WSFS names interim CFO after announced departure of Canuso

Wilmington-based WSFS Financial Corporation  named  Arthur J. Bacci, Executive Vice President and Chief Wealth Officer of WSFS Financial Corporation to also serve as Interim Chief Financial...

Delaware jobless rate falls to 4.1%

Delaware's July unemployment rate fell to 4.1 percent, its lowest level since February 2020 when the jobless rate was 3.7 percent. ...

WSFS’s Bryn Mawr Capital Management acquires Rehoboth firm

Bryn Mawr Capital Management, a subsidiary of WSFS Financial Corporation announced its expansion into southern Delaware and the establishment of a new presence...

WSFS reports higher earnings in second quarter

WSFS Financial Corporation, the parent company of WSFS Bank, reported higher earnings in the second quarter. Rodger Levenson, CEO, said, "We were pleased with...

B of A to pay $150 million in fines for offenses that include ‘double...

The Consumer Financial Protection Bureau (CFPB) ordered Bank of America to pay more than $100 million to customers for double-dipping on fees imposed...

Shore Bankshares completes merger with Community Financial

Shore Bancshares, Inc., the financial holding company of Shore United Bank, N.A. ("Shore United"), and The Community Financial Corporation, the bank holding company of...

Mallard Financial joins Merger Global Advisors

Mercer Global Advisors, Inc. has acquired Newark-based Mallard Financial Partners, Inc. Mallard was founded in 1996 by Paul Baumbach who currently co-manages the firm...

Citizens Financial completes merger with Huntingdon Valley Bank

Citizens Financial Services, Inc., the holding company for First Citizens Community Bank (FCCB) completed its merger with HV Bancorp, Inc. (Huntingdon Valley Bank). First...

Giving back: Highmark, WSFS

Last week, nearly 1,200 WSFS Associates volunteered across the Greater Philadelphia and Delaware region as part of WSFS’ first-ever We Stand for Service...

Discover launches $36 million fund to aid Delaware fintechs, start-ups, businesses, lower income residents

Discover Bank has launched the Discover Financial Health Improvement Fund, to support startups and early-stage technology companies that are developing solutions to improve...

Chase opens 10th Delaware branch in Middletown

Chase opened its 10th Delaware branch in Middletown. The free-standing branch is located at   490 Middletown Warwick Road in the fast-growing town in southern...

Lender Marlette Holdings changes corporate name to Best Egg

North Wilmington-based Marlette Holdings, Inc., owner of the Best Egg financial platform announced the official change of its name to Best Egg,...

Bill introduced that would limit Delaware payday loans to a 20% interest rate

A bill to cap "payday and car title loans with a 20% interest rate has been introduced. Interest rates on payday loans can...

Delaware taxpayers to receive $430,000 in TurboTax settlement

Delaware consumers who ended up paying for TurboTax software, even though they were eligible for free preparation software, will benefit from a $141...

Artesian, Veolia file for water rate hikes

Two water companies in Delaware have filed for rate increases. Artesian Water, based near Newark, has  filed for a nearly 24% rate increase with the state...

Common Wealth Awards go to Gloria Estefan, LeVar Burton

The philanthropic commitment of two internationally renowned artists was a focus of celebration this year as the 44th annual Common Wealth Awards of Distinguished...

Dawson named to Forbes 2023 wealth advisor list for 5th time

Fredrick J. Dawson, president of Bassett, Dawson & Foy, Inc. and Wealth Manager was among the Raymond James-affiliated advisors named to the Forbes 2023...

A look back at Wilmington Trust collapse post most read March story

A look back at Wilmington Trust collapse post most read March story A look back at the "take under" of Wilmington Trust by...

My take: Another Citizens snaps up Silicon Valley deposits with fed’s help

Over the weekend, we learned that First Citizens Bank had agreed to acquire the assets of northern California-based Silicon Valley Bank from the Federal...

Crude oil drops; Will gas prices follow?

Delaware gas prices were up by a couple of pennies during the past week. The price at the pump in Delaware dipped by two...
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