Category: Banking and Financial Services

By Federal Reserve Bank Philadelphia Firms responding to November’s Nonmanufacturing Business Outlook Survey reported that the pace of regional nonmanufacturing activity remains positive, with firms modestly increasing their assessment of current conditions for the region. Respondents reported a decrease in activity for their firms, however, and most of the individual indicators showed a decrease as…

By Christi Milligan The Delaware Department of Finance is touting the success of its new website after processing an unprecedented number of claims in a single month. According to State Escheator David Gregor, 8,801 claims at a cash value of $10.7 million have been processed since the site went live on Oct. 30, and it…

If you ask human resources professionals their most pressing concern, most will agree that it’s a serious talent shortage. In fact, 28 percent of executives say that they’re challenged by a lack of future leaders in their organizations. This means that organizations must take new approaches to developing and engaging talent. One valuable tool in the…

New Castle, Del. — New Castle County Executive Thomas P. Gordon announced that the county has moved a $3 million investment to help create the Delaware Board of Trade as a Wilmington-based stock exchange. After initial concerns, he said, a majority of New Castle County Council members now support the plan. The board is expected…

The Delaware State Chamber of Commerce’s Small Business Alliance honored this year’s Superstars in Business award winners at their annual awards ceremony Nov. 10 at the Hotel du Pont’s Gold Ballroom. The Marvin S. Gilman Superstars in Business Award, named for one of Delaware’s leading small- business entrepreneurs, honors businesses and nonprofit organizations for their…

WSFS Financial Corporation and Penn Liberty Financial Corp. have signed a definitive agreement and plan of reorganization whereby WSFS Financial Corporation will acquire Penn Liberty Financial Corp. Upon the closing of the transaction, Penn Liberty Bank, the wholly owned bank subsidiary of Penn Liberty, will merge into WSFS Financial Corporation’s wholly owned bank subsidiary, WSFS…

Wilmington, Del – The Delaware Department of Finance will officially launch  a new website Friday that will provide the public easy access to the state’s unclaimed property database. The website — delaware.findyourunclaimedproperty.com —will allow users to search by name to find information regarding any unclaimed property they may have in Delaware. The website also allows…