Category: Banking and Financial Services

Wilmington, Del. — M&T Bank of Delaware and Junior Achievement of Delaware will honor Welfare Foundation President Peter C. Morrow with the Lifetime Achievement Award. The award will be presented at October’s Delaware Business Leaders Hall of Fame Reception and Induction Ceremony. Morrow is past president of the Longwood Foundation.  Under his 20-year tenure as…

RANDALL CHASE, Associated Press DOVER, Del. (AP) — Delaware lawmakers approved a $3.9 billion operating budget early Wednesday, shortly after the start of the new fiscal year, after resolving an impasse over a transportation funding bill that was the subject of partisan bickering and intense closed-door negotiations between Republicans and Democrats. Gov. Jack Markell signed…

NerdWallet, a personal financial education and consumer advocacy website, recently undertook a nationwide analysis to identify the best places in the U.S. for STEM (science, technology, engineering and math) graduates to live. The Wilmington metropolitan area ranked #28 out of the Top 100. According to the survey: • The Wilmington metro area features 74.18 STEM…

Wilmington, Del. – Junior Achievement of Delaware, in partnership with Capital One, t announced the launch of a redeveloped digital curriculum and accompanying technology for the Junior Achievement Finance Park program,. The initiative will give Wilmington middle and high school students personal finance tools and digital skills to help them succeed in today’s technology-driven economy.…

By Kathy Canavan Delaware’s Small Business Administration office broke records in the number of loans guaranteed in 2012, 2013, and 2014, but the weekly total for the last week of May was still surprising. Even after totals of $57.7million in 2012, $57.8 million in 2013, and $45.7 million in 2014, the May 25 weekly total…

By Kathy Canavan The Small Business Administration’s new Linc program is a computerized matchmaker that will make it easier for small businesses to find lenders and make it easier for lenders to find new customers. From County Bank in Rehoboth Beach to Applied Bank in North Wilmington, the SBA is signing up lenders, including credit unions…